Dishonest Acts definition
Examples of Dishonest Acts in a sentence
Notwithstanding anything to the contrary in Paragraph 2 or this Paragraph 3, in the event either party terminates this Agreement due to the other’s Dishonest Acts, then the canceling party shall have no further obligations or payments required hereunder and termination shall be effective immediately upon verbal notification.
Dishonest Acts - Any dishonest, criminal, malicious or fraudulent acts, if the Member(s) that suffered the fraud personally participated in, directed, or had knowledge of such acts.
The following exclusion is added and the policy exclusion for Criminal, Fraudulent or Dishonest Acts, if any, is deleted.
Loss of Money, Securities and other property which the Insured shall sustain, to an amount not exceeding in the aggregate the amount stated in the Limits of Liability applicable to this Insuring Agreement I, Form A, resulting directly from one or more Fraudulent or Dishonest Acts committed by an Employee, acting alone or in collusion with others.