Coverage. 3. With a view to ensuring that developing countries are able to adhere to this Agreement on terms consistent with their development, financial and trade needs, the objectives listed in paragraph 1 shall be duly taken into account in the course of negotiations with respect to the procurement of developing countries to be covered by the provisions of this Agreement. Developed countries, in the preparation of their coverage lists under the provisions of this Agreement, shall endeavour to include entities procuring products and services of export interest to developing countries.
Coverage. Underwriters agree, subject to the limitations, terms, conditions and exclusions herein, to indemnify the Assured(s) for Ultimate Net Loss which the Assured(s) shall be obligated to pay by reason of
Coverage. The Insurer shall pay on behalf of the Insured those sums of loss which the Insureds shall become legally obliged to pay as damages by reason of a claim first made against the Insureds during the policy period and reported in writing to the Insurer either during the policy period or within 12 months after the expiration of the policy period arising out of any negligent act, error or omission in Professional Activities and Duties by the Insured or any person for whose negligent act, error or omission the Insured is legally responsible. The coverage is irrespective of when the neglect error or omission was or may have been committed or alleged to have been committed. The Professional Liability Extension shall not cover claims or claims expenses arising out of: