Vitiating Act definition

Vitiating Act has the meaning given in Endorsement 2, Section 3 of Schedule Part 12
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Vitiating Act has the meaning given to it in clause 6(a)(ii) below.
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Examples of Vitiating Act in a sentence

  • Insurers hereby agree to waive all rights of subrogation and/or recourse which they may have or acquire against any insured party (together with their employees and agents) except where the rights of subrogation or recourse are acquired in consequence of a Vitiating Act in which circumstances insurers may enforce such rights against the insured responsible for the Vitiating Act notwithstanding the continuing or former status of the vitiating party as an insured.

  • For the avoidance of doubt it is however agreed that a Vitiating Act committed by one insured party shall not prejudice the right to indemnity of any other insured who has an insurable interest and who has not committed the Vitiating Act.

  • Insurers shall be entitled to avoid liability to or (as may be appropriate) claim damages from any insured party in circumstances of fraud misrepresentation non-disclosure or material breach of warranty or condition of this policy (each referred to in this clause as a "Vitiating Act") committed by that insured party save where such misrepresentation non-disclosure or breach of warranty or condition was committed innocently and in good faith.

  • It is however agreed that a Vitiating Act committed by one Insured Party shall not prejudice the right to indemnity of any other Insured Party that has an insurable interest and has not committed a Vitiating Act.

  • The Company shall be entitled to avoid liability to or as may be appropriate claim damages from any Insured Party in circumstances of fraud, breach of duty to make a fair presentation of the risk or breach of any condition precedent to liability of this Policy, each referred to in this Condition as a Vitiating Act.

  • A Vitiating Act committed by one Insured Party shall not prejudice the right to indemnity of any other Insured Party who has an insurable interest and who has not committed a Vitiating Act.

  • A Vitiating Act is fraud material misrepresentation material non-disclosure or breach of any Condition in this Section.

  • Insurers shall be entitled to avoid liability to or (as may be appropriate) claim damages from any insured party in circumstances of fraud misrepresentation non-disclosure or material breach of warranty or condition of this policy (each referred to in this Clause as a "Vitiating Act") committed by that insured party save where such misrepresentation non-disclosure or breach of warranty or condition was committed innocently and in good faith.

  • It is, however, understood and agreed that a Vitiating Act committed by an Insured Party shall not prejudice the right to indemnity of any other Insured Party which has not committed that Vitiating Act.

  • The Insurers hereby agree to waive all rights of subrogation or action which they may have or acquire against any Insured Party except where the rights of subrogation or recourse are acquired in consequence of or otherwise following a Vitiating Act in which circumstances the Insurers may enforce such rights notwithstanding the continuing or former status of the vitiating party as an Insured Party.

Related to Vitiating Act

  • amending Act means the Passenger Transportation Amendment Act, 2018, S.B.C. 2018, c. 53;

  • Fair Credit Reporting Act The Fair Credit Reporting Act of 1970, as amended.

  • Truth in Lending Act means the Truth in Lending Act of 1968, as amended.

  • Enabling Act means Title 4, Chapter 15, as amended, of the South Carolina Code as supplemented by Section 11-27-40 of the South Carolina Code.

  • FW Act means the Fair Work Act 2009, as amended from time to time.

  • Equal Credit Opportunity Act means the Equal Credit Opportunity Act, as amended.

  • Ratifying Act means the Act to ratify this Agreement and referred to in clause 3 hereof;

  • Housing Act means the United States Housing Act of 1937, as amended, or its successor.

  • Cannabis Act means An Act respecting cannabis and to amend the Controlled Drugs and Substances Act, the Criminal Code and other Acts, S.C. 2018, c. 16, as amended from time to time.

  • Water Act, as used in this clause, means Clean Water Act (33 U.S.C. 1251 et seq.).

  • Foreign Corrupt Practices Act means the Foreign Corrupt Practices Act of the United States, 15 U.S.C. Sections 78a, 78m, 78dd-1, 78dd-2, 78dd-3, and 78ff, as amended, if applicable, or any similar law of the jurisdiction where the Property is located or where the Company or any of its Subsidiaries transacts business or any other jurisdiction, if applicable.

  • FOI Act means the Freedom of Information Act 2000 and any subordinate legislation made under that Act or any code issued pursuant to sections 45 or 46 of that Act or any guidance issued by the Information Commissioner;

  • PBR Act means the Plant Breeder’s Rights Xxx 0000 (Cth) as amended from time to time.

  • Disaster Management Act means the Disaster Management Act, 2002 (Act No.57 of 2002)

  • Mining Act means the Mining Xxx 0000;

  • Corrupt practices means the offering, giving, receiving or soliciting of anything of value to influence the action of a Government official in procurement process or in contract execution: and

  • Home Mortgage Disclosure Act means Home Mortgage Disclosure Act of 1975, as amended.

  • GLB Act means the Xxxxx-Xxxxx-Xxxxxx Act of 1999 (Public Law 106-102, 113 Stat. 1138)

  • FAIS Act means the Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002);

  • Consumer transaction means a transaction in which (i) an individual incurs an obligation primarily for personal, family, or household purposes, (ii) a security interest secures the obligation, and (iii) the collateral is held or acquired primarily for personal, family, or household purposes. The term includes consumer-goods transactions.

  • Community Reinvestment Act means the Community Reinvestment Act of 1977, as amended.

  • Bank Secrecy Act means the Bank Secrecy Act of 1970, as amended.

  • OHS Act means the Occupational Health and Safety Act 2004;

  • Bribery Act means the Bribery Act 2010 and any subordinate legislation made under that Act from time to time together with any guidance or codes of practice issued by the relevant government department concerning this legislation;

  • Banking Act means the UK Banking Act 2009, as amended.

  • 2012 Act means the Health and Social Care Act 2012;