SEVERABILITY OF EXCLUSIONS. For the purpose of determining the applicability of any Exclusion set forth in Section IV, the Wrongful Act or knowledge of any Insured Person shall not be imputed to any other Insured Person, and only the Wrongful Act or knowledge of the chief executive officer or chief financial officer of the Organization shall be imputed to such Organization.
Appears in 3 contracts
Sources: Employment Practices Liability Insurance, Not for Profit Management Liability Policy, Employment Practices Liability Coverage
SEVERABILITY OF EXCLUSIONS. For the purpose of determining the applicability of any Exclusion set forth in Section IV, the Wrongful Act or knowledge of any Insured Person shall not be imputed to any other Insured Person, and only the Wrongful Act or knowledge of the chief executive officer or chief financial officer officer: (i) of the Organization shall be imputed to such Organization, and (ii) of a Plan shall be imputed to such Plan.
Appears in 2 contracts
Sources: Not for Profit Management Liability Policy, Fiduciary Liability Insurance Policy
SEVERABILITY OF EXCLUSIONS. For the purpose of determining the applicability of any Exclusion set forth in Section IVIII, the Wrongful Act or knowledge of any Insured Person shall not be imputed to any other Insured Person, and only the Wrongful Act or knowledge of the chief executive officer or chief financial officer of the Organization shall be imputed to such Organization.
Appears in 2 contracts
Sources: Not for Profit Management Liability Policy, Private Company Management Liability Policy
SEVERABILITY OF EXCLUSIONS. For the purpose of determining the applicability of any Exclusion set forth in Section IV, the Wrongful Act or knowledge of any Insured Person shall not be imputed to any other Insured Person, and under Insuring Agreement C only the Wrongful Act or knowledge of the chief executive officer or chief financial officer of the Organization shall be imputed to such Organization.
Appears in 2 contracts
Sources: Not for Profit Management Liability Policy, Directors and Officers Liability Insurance Policy
SEVERABILITY OF EXCLUSIONS. For the purpose of determining the applicability of any Exclusion set forth in Section IV, the Wrongful Act or knowledge of any Insured Person shall not be imputed to any other Insured Person, and only the Wrongful Act or knowledge of the chief executive officer or chief financial officer officer: (a) of the Organization shall be imputed to such Organization, and (b) of a Plan shall be imputed to such Plan.
Appears in 1 contract
Sources: Fiduciary Liability Coverage
SEVERABILITY OF EXCLUSIONS. For the purpose of determining the applicability of any Exclusion set forth in Section IV, the Wrongful Act or knowledge of any Insured Person shall not be imputed to any other Insured Person, and under Insuring Agreement A.3 only the Wrongful Act or knowledge of the chief executive officer or chief financial officer of the Organization shall be imputed to such Organization.
Appears in 1 contract
Sources: Asset Manager Liability Coverage