Bond Period definition
Examples of Bond Period in a sentence
An “Insured Loss” is a loss insured under the Bond and discovered by a Party during the Bond Period.
This bond applies to loss discovered by the Insured during the Bond Period.
No amendment to the Primary Bond during the Bond Period shall broaden or extend coverage under this Bond unless the Insurer evidences its intent to follow form to such amendment by written endorsement or rider hereto.
It is understood and agreed that this bond is amended by adding the following Insuring Agreement Loss by reason of any claim first made against the Insured during the Bond Period by a Title Underwriter A.
The Insurer shall be notified in writing as soon as practicable if any Underlying Insurance is terminated or cancelled during the Bond Period.
The Company's total liability for any loss discovered during such additional period of time is part of, and not in addition to, the Single Loss Limit of Insurance or the Aggregate Limit of Insurance, whichever is less, of the Bond Period that terminates immediately preceding the effective date of such additional period.
All of the Underlying Insurance shall be maintained during the Bond Period in full effect.
This bond applies to Loss discovered by the Fiduciary during the Bond Period.
The Board of Directors of the Fund may change the Bond Period, as necessary.
The Aggregate Limit of Insurance for any Bond Period will not, however, be increased or reinstated by any remaining portion of an Aggregate Limit of Insurance from any previous Bond Period.