Prior Policies Sample Clauses

The "Prior Policies" clause defines how insurance coverage or obligations are affected by policies that were in place before the current agreement. Typically, this clause clarifies whether claims or incidents that occurred under previous insurance policies are covered by the current policy, or if the current policy is only responsible for events happening during its own term. For example, it may specify that only losses not covered by prior policies will be considered, or it may outline how overlapping coverage is handled. The core function of this clause is to prevent gaps or duplications in coverage, ensuring that both parties understand the extent of protection and responsibility across successive insurance periods.
Prior Policies. If a Fidelity Loss is covered partly under this Fidelity Policy Section and partly under a prior policy, the Retention applicable to the Fidelity Loss under this Fidelity Policy Section shall be reduced by the retention or deductible actually applied to the loss under such prior policy;
Prior Policies. Workers Compensation Policy (includes non-Ohio Stop Gap), number TC2EUB393K3700-08, with St. ▇▇▇▇ Travelers, active from April 1, 2008 - April 1, 2009 (covering AL, AR, CA, CO, CT, Fl, GA, IA, IL, IN, KY, KS, MD, MI, MN, MS, MO, NH, NY, NC, PA, RI, SC, TN, TX and VA).
Prior Policies. 20 Proceedings.............................................................18
Prior Policies. If a Loss is covered partly under this Policy and partly under a prior policy, the Retention applicable to the Loss under this Policy shall be reduced by the retention or deductible actually applied to the loss under such prior policy;
Prior Policies. C-46 Proceedings......................................................................................................C-45 Projections......................................................................................................C-34
Prior Policies. It is understood and agreed that nothing in this Agreement shall be construed to mean loss of any benefits, privileges or rights heretofore enjoyed by the Association, except as modified by this Agreement. The failure of either party to exercise any right under this Agreement shall not be deemed a waiver of such right in the future.

Related to Prior Policies

  • Employer Policies Employees shall be governed by written policies adopted by the Employer as publicized on bulletin boards, or by general distribution, provided such policies are not in conflict with the provisions of this Agreement.

  • NAV Error Policy Definitions

  • Other Policies All other matters relating to the employment of the Employee not specifically addressed in this Agreement shall be subject to the general policies regarding executive employees of the Company as in effect from time to time.

  • R&W Policy (a) Purchaser has conditionally bound a representations and warranties insurance policy (the “R&W Policy”) pursuant to the binder agreement which was provided to Seller for review in advance of the Execution Date and which is attached hereto as Exhibit H (the “R&W Conditional Binder”). From and after the Execution Date, each Party shall use its commercially reasonable efforts to satisfy the conditions set forth in the R&W Conditional Binder as of the Closing Date. The R&W Policy shall contain: (i) a waiver of subrogation, contribution, or otherwise by the insurer in favor of the Seller Indemnified Parties, except against Seller or any “Seller” under the Other PSAs or with respect to such Seller’s or “Seller’s” (as applicable) actual and intentional fraud in the making of the representations and warranties set forth in Article 3 of this Agreement (or the corresponding article setting forth any “Seller’s” representations and warranties in any Other PSA, as applicable), it being understood that the fraud of one Seller or “Seller” (as applicable) shall not be imputed to any other Seller or “Seller” (as applicable); and (ii) a statement that each Seller Indemnified Party is an intended third party beneficiary of the foregoing subrogation limitation. (b) Seller and Purchaser shall each pay fifty percent (50%) of all costs of obtaining the R&W Policy, specifically the premium, surplus lines Taxes and fees, and any related broker compensation and underwriting fees; provided that Seller’s share of such costs shall be paid by Seller via the adjustment of the Cash Purchase Price pursuant to Section 2.3(n). (c) Purchaser agrees that after the Closing it will not agree to any amendment of the R&W Policy that would be expected to cause actual and material prejudice to Seller without Seller’s prior written consent. (d) Notwithstanding anything to the contrary in this Agreement, none of the Seller Indemnified Parties shall be entitled to any proceeds from the R&W Policy. Notwithstanding anything in this Section 5.18 or otherwise to the contrary, nothing herein shall be interpreted to limit Purchaser’s rights to make or pursue claims, or secure recovery under the R&W Policy, as Purchaser believes, in its sole discretion, to be in Purchaser’s interests.

  • Leave Policies Military, sick, annual and personal leaves, shall be governed by any applicable law or by the applicable College policy.