Known Circumstance definition

Known Circumstance means any fact, situation or circumstance which:
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Known Circumstance means any act, error or omission, fact, matter or circumstance, event or occurrence, known or received by the Insured prior to the Period of Insurance:
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Known Circumstance means any fact, situation or circumstance that:
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Examples of Known Circumstance in a sentence

  • There will be no cover for Claims arising from a Known Circumstance as at Policy inception.

  • Claims and claims arising from a Known Circumstance, occurring prior to the period of insurance, are normally excluded from a ‘claims made’ policy.


More Definitions of Known Circumstance

Known Circumstance. Means any fact, situation or circumstance which:
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Known Circumstance means any fact, situation or circumstance which: (a) any Insured was aware of prior to the commencement of the Period of Insurance; (b) a reasonable Insured would have considered at any time prior to the Period of Insurance might result in someone making an allegation against an Insured in respect of a Claim or loss that might be covered under this Contract.
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Known Circumstance means any fact, situation or circumstance which: (1) any Trustee was aware or prior to this Policy inception, or (2) a reasonable Trustee would have considered at any time prior to the Period of Insurance might result in someone making an allegation against a Trustee in respect of a Loss that might be covered under this Policy.
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Related to Known Circumstance

  • Change in Circumstance means any significant change to you, including but not limited to:

  • Special Circumstance means an event where, in the opinion of the Bank acting reasonably and in good faith, an amendment or a change is made to a taxation act or regulation, to taxation practices, policies or administration, to the interpretation of a taxation act or regulation or taxation practice, policy or administration; or an event occurs, now or in future, caused by circumstances beyond the control of the Bank making it illegal or disadvantageous, from a legislative or regulatory point-of-view, or disadvantageous, from a financial point- of-view, for the Bank to allow the Deposits of such series to remain outstanding. As provided hereunder, certain other extraordinary events affecting the underlying interest may be deemed to constitute a Special Circumstance and entitle the Bank to proceed with a Reimbursement Under Special Circumstances.

  • Exigent Circumstance means a Covered Person either has a Condition that may seriously jeopardize his or her life, health, or ability to regain maximum function or is undergoing a current course of treatment using a non-Formulary medication. The request for an expedited review should include the following support:

  • Special Circumstances means either or both of the following:

  • Exigent Circumstances means circumstances where collection or disclosure is urgently necessary, such that procedures that would otherwise be required cannot be followed.

  • Circumstance means an incident, fact, occurrence, matter, act or omission that may give rise to a Claim in the context of civil liability;

  • Aggravated circumstances means circumstances in which a parent:

  • Exceptional Circumstances : shall mean one or more unavoidable circumstances, as determined by the ISO, that individually or collectively render as unavailable the data necessary for the ISO to perform an audit and review of a Market Party, pursuant to Section 23.4.5.6.2 of this Services Tariff. Exceptional Circumstances may include, but are not limited to: the inaccessibility of the physical facility; the inaccessibility of necessary documentation or other data; and the unavailability of information regarding the regulatory obligations with which the Market Party will be required to comply in order to return its Generator to service which regulatory obligations are not yet known but which will be made known by the applicable regulatory authority under existing laws and regulations provided that none of the above described circumstances are the result of delay or inaction by the Market Party. The magnitude of the repair cost, alone, shall not be an Exceptional Circumstance.

  • Reimbursement Under Special Circumstances means a special reimbursement of the Deposits, prior to the Maturity Date, in the circumstances and the manner described under “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Extenuating Circumstances means the inability to perform at an optimum level arising from one or more of the reasons set out in clause 6.1.

  • Reasonable in the circumstances means using no more force than is needed.

  • Extraordinary Circumstances means floods, snow, ice storms, tornadoes, earthquakes, or other

  • Special Eurodollar Circumstance means the application or adoption after the Closing Date of any Law or interpretation, or any change therein or thereof, or any change in the interpretation or administration thereof by any Governmental Agency, central bank or comparable authority charged with the interpretation or administration thereof, or compliance by any Lender or its Eurodollar Lending Office with any request or directive (whether or not having the force of Law) of any such Governmental Agency, central bank or comparable authority.

  • Uncontrollable Circumstance means any act, event or condition that is:

  • Information Security Incident means (i) any actual or suspected incident involving Seller Information System that may involve Buyer’s Sensitive Information, or (ii) any actual or suspected unauthorized access to, use, or disclosure of Buyer’s Sensitive Information.

  • Misstatement means an untrue statement of a material fact or an omission to state a material fact required to be stated in a Registration Statement or Prospectus, or necessary to make the statements in a Registration Statement or Prospectus (in the light of the circumstances under which they were made) not misleading.

  • Environmental Incident means, in relation to each Ship:

  • Material Environmental Amount an amount payable by the Borrower and/or its Subsidiaries in excess of $5,000,000 for remedial costs, compliance costs, compensatory damages, punitive damages, fines, penalties or any combination thereof.

  • Material Document Defect As defined in Section 2.03(a) of this Agreement.

  • infringement notice has the meaning set forth in Section 7.4.1;

  • Material of Environmental Concern means and includes pollutants, --------------------------------- contaminants, hazardous wastes, and toxic, radioactive, caustic or otherwise hazardous substances, including petroleum, its derivatives, by-products and other hydrocarbons, or any substance having any constituent elements displaying any of the foregoing characteristics.

  • Nonconformity or “Nonconformities” means any failure or failures of the Software to conform to the requirements of this Contract, including any applicable Documentation.

  • belief or “believes” means that the person involved actually supposes the fact in question to be true. A person’s belief may be inferred from circumstances.

  • Material Facts shall have the meaning set forth in Section 2.3.6(a).

  • Environmental Affiliate means any agent or employee of any Borrower or any other Relevant Party or any person having a contractual relationship with any Borrower or any other Relevant Party in connection with any Relevant Ship or its operation or the carriage of cargo and/or passengers thereon and/or the provision of goods and/or services on or from any Relevant Ship;

  • Benchmark Modification or Cessation Event means, in respect of the Benchmark any of the following has occurred or will occur: