Diligent effort means seeking coverage from and having been rejected by at least three authorized insurers currently writing this type of coverage and documenting these rejections.
Diligent effort means seeking coverage from and
Diligent effort means submission of the risk(s) by the Broker, or a licensed Producer working with the Broker, to no fewer than three (3) Licensed Insurers.
Examples of Diligent effort in a sentence
Diligent effort shall be made by the Fire District to attain the most effective fire rating for the area or areas being served.
Diligent effort must be made to avoid unnecessary use of disk space.
Diligent effort will be made to expedite repromotion of downgraded employees through the priority consideration, referral, and selection provisions of Article 14 of the Master Labor Agreement.
Diligent effort will be taken to thoroughly document all evidence in the alleged misconduct.
Diligent effort was taken to effectively manage any incumbent advantage, disadvantages, and potential geographical impediments where present in the process from document development through to evaluation process completion.
More Definitions of Diligent effort
Diligent effort means seeking coverage from and having been rejected by at least three authorized insurers currently writing this type of coverage and documenting these rejections. However, if the residen- tial structure has a dwelling replacement cost of $1 million or more, the term means seeking coverage from and having been rejected by at least one authorized insurer currently writing this type of coverage and documenting this rejection.
Diligent effort means having sought insurance for the same
Diligent effort means having sought insurance for the same risk
Diligent effort means, with respect to a Party, the carrying out of obligations specified in this Agreement in a diligent, expeditious and sustained manner using efforts and resources, including reasonably necessary personnel and financial resources, that businesses operating in the same field as the relevant Party typically devote to such obligations;
Diligent effort means having sought insurance for the same risk from at least three insurers authorized in this state to write the particular insurance coverage or type, class or kind of insurance.
Diligent effort means best or reasonable effort to determine the identity and address of an owner, a lien holder, or a mortgagee including a search of the following records:
Diligent effort means that effort customarily exerted by MERCK with respect to its own products of similar scientific merit and commercial potential, taking into account, [ * ], and also including the timing and promptness with which such efforts and resources would be applied. The efforts required by MERCK necessary to constitute Diligent Efforts will not be reduced by consideration of the fact in and of itself, that MERCK has an interest in developing or commercializing pharmaceuticals other than the Royalty Compounds and Royalty Products, that may be marketed for the same therapeutic indications as such Royalty Compounds and Royalty Products. Diligent Efforts are [ * ].