dishonest act definition

dishonest act means fraud, misrepresentation or theft.
Sample 1Sample 2Sample 3
dishonest act means any act which would reasonably be considered to be dishonest. “Disqualifying Condition” means those criteria listed at (i) to (xii) in the Declaration. “Effective Date” means 1 August 2013.
Sample 1Sample 2Sample 3
dishonest act means any act which would reasonably be considered to be dishonest. “Disqualifying Condition” means all or any of those criteria listed in The Declaration. “Effective Date” means 1 August 2013.
Sample 1Sample 2Sample 3

Examples of dishonest act in a sentence

  • Any Money in the hands of The Insured and belonging to an Employee who has committed an Employee Dishonest Act, together with any Money which would have been due to the Employee from The Insured shall be deducted from the amount of the loss before a claim is made under this insurance.

  • No Employee, to the best of the knowledge of the Insured, or of any partner or officer thereof not in collusion with such Employee, has committed any Fraudulent or Dishonest Act in the service of the Insured or otherwise.

  • Insuring Agreement I shall be deemed cancelled as to any “Employee”: (a) immediately upon discovery by the Insured, or by any partner or officer thereof not in collusion with such “Employee”, of any "Fraudulent or Dishonest Act" on the part of such “Employee”; or (b) except in the province of Quebec, at 12:01 a.m. standard time as aforesaid, upon the effective date specified in a written notice mailed to the Insured.

  • Immediately following the discovery by The Insured of an Employee Dishonest Act, the liability of The Insurer to indemnify The Insured in respect of any further such acts by the same Employee shall cease.

  • Loss or damage from any Fraudulent or Dishonest Act or Acts intended to result in financial gain, loss or damage to Covered Property committed alone or in collusion with others: by any proprietor, partner, director, trustee, officer or employee of yours (including leased employees), or by any party to whom the property may have been entrusted (other than a carrier for hire) is excluded.

  • The Board wanted 1a to read as follows: “Accused Attorney” means a person who has been accused of committing a Dishonest Act while practicing law in the state of Nevada.

  • Trustee Act does not include a Management Act, Employment Act, Professional Act or Dishonest Act.

  • The Insurer will indemnify the Insured against direct loss of Money or Property belonging to the Insured, or for which the Insured are legally responsible, caused by any Employee Dishonest Act committed during the Period of Insurance.

  • If this Takaful Certificate immediately supersedes a Fidelity Takaful effected by the Takaful Participant (the Superseded Takaful) the Company will indemnify the Takaful Participant in respect of any fraudulent or Dishonest Act discovered during the continuation of this Takaful Certificate but committed during the continuation of the Superseded Coverage if the loss arising is not recoverable thereunder solely because the period allowed for discovery has expired Provided that 1.

  • This optional endorsement modifies the Technology Professional and Cyber Advantage policy to amend the exclusion for Criminal, Fraudulent, Dishonest Act or Intentional Violation of Law in the base policy form to specifically limit the knowledge to the described authorized person.


More Definitions of dishonest act

dishonest act means any dishonest, fraudulent or malicious act committed by an Employee alone or in collusion with others. However, with respect to Loans and Trading, Dishonest Act means only a dishonest or fraudulent act committed by an employee with the intention of obtaining improper financial gain for the employee who committed such act.
Sample 1Sample 2
dishonest act means an act by an Attorney acting in his capacity as an attorney in the context of a lawyer-client relationship, in the nature of defalcation or embezzlement of money, or the wrongful taking or conversion of money or other tangible property.
Sample 1
dishonest act means the unlawful taking of "your property" or your "clients’ property" by an "employee" by theft, "robbery", "burglary", embezzlement, larceny, extortion, misappropriation, wrongful abstraction, wrongful conversion or willful misapplication, with the intent of depriving you or your "client" of such property.
Sample 1
dishonest act means, in respect of an Obligor, the making of any statement, warranty, representation, or the provision of information by that Obligor in relation to a Facility or Document that is or becomes untrue, inaccurate, or misleading in any material respect;
Sample 1

Related to dishonest act

  • Dishonest or Fraudulent Act means any dishonest or fraudulent act, including “larceny and embezzlement” as defined in Section 37 of the Investment Company Act of 1940, committed with the conscious manifest intent (1) to cause the Insured to sustain a loss and (2) to obtain financial benefit for the perpetrator or any other person (other than salaries, commissions, fees, bonuses, awards, profit sharing, pensions or other employee benefits). A Dishonest or Fraudulent Act does not mean or include a reckless act, a negligent act, or a grossly negligent act.

  • Felony Conviction means a conviction within the preceding 24 months of a felony criminal violation under any Federal law and includes conviction of an offense defined in a section of the United States Code that specifically classifies the offense as a felony and conviction of an offense that is classified as a felony under 18 U.S.C. 3559.

  • Fraud means any offence under laws creating offences in respect of fraudulent acts or at common law in respect of fraudulent acts in relation to the Contract or defrauding or attempting to defraud or conspiring to defraud the Crown.

  • Moral turpitude means conduct that is wrong in itself even if no statute were to prohibit the conduct; and

  • Serious crime means conduct constituting an offence punishable by a maximum deprivation of liberty of at least four years or a more serious penalty;

  • Conviction means a finding of guilt (including a plea of nolo contendere) or imposition of sentence, or both, by any judicial body charged with the responsibility to determine violations of the Federal or State criminal drug statutes.