Common use of Wrongful Act Clause in Contracts

Wrongful Act. Wrongful act means any actual or alleged act, error, omission, misstatement, misleading statement, libel, slander, negligent act, negligent error, negligent omission or negligent breach of duty by a director in their capacity as such. Wrongful act shall include any proposed act with respect to shareholder derivative actions under the companies act 2006.

Appears in 3 contracts

Samples: Insurance Policy, Governance Liability Policy, Insurance Policy

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Wrongful Act. Wrongful act means any An actual or alleged act, error, omission, misstatement, misleading statement, libel, slanderdefamatory statement, negligent act, negligent error, negligent omission or negligent breach of duty committed or attempted by a trustee acting in his or her capacity as: (a) a trustee or director in their capacity as such. Wrongful act shall include any proposed act with respect to shareholder derivative actions under or officer of the companies act 2006.organisation; or (b) a trustee or director or administrator of a pension/employee benefit scheme of the

Appears in 1 contract

Samples: Management Liability Insurance Policy

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Wrongful Act. Wrongful act means any actual or alleged act, error, omission, misstatement, misleading statement, libel, slander, negligent act, negligent error, negligent wrongful act or omission or negligent breach of duty committed by a director the insured person solely in their his capacity as such. Wrongful act shall include an insured person including any proposed act with respect to shareholder derivative actions under the companies act 2006employment practice.

Appears in 1 contract

Samples: Directors’ and Officers’ Liability Insurance

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