Common use of Modification and Termination Clause in Contracts

Modification and Termination. This Agreement may be modified or amended from time to time by mutual written agreement among the Parties. It shall terminate with respect to any Insured as of the date such Insured ceases to be an insured under the Bond; provided that such termination shall not affect the Insured’s rights and obligations hereunder with respect to any claims or Insured Losses relating to a period when the Insured was insured under the Bond.

Modification and Termination. This Agreement may be modified or amended from time to time by mutual written agreement among the Parties. It shall terminate with respect to any Insured as of the date such Insured ceases to be an insured under the Bond; provided that such termination shall not affect the Insured’s 's rights and obligations hereunder with respect to any claims or Insured Losses relating to a period when the Insured was insured under the Bond.

Modification and Termination. This Agreement may be modified or amended from time to time by mutual written agreement among the Parties. It shall terminate with respect to any Insured as of the date such Insured ceases to be an insured under the BondPolicy; provided that such termination shall not affect the that Insured’s rights and obligations hereunder with respect to any claims or Insured Losses relating to a period when the that Insured was insured under the BondPolicy. This Agreement may be terminated by either Party by written notice to the other Party given not less than 60 days prior to the date specified for termination.