Common use of Cessation period Clause in Contracts

Cessation period. The insurance must provide cover for the duration of the cessation period where an insured firm has not, prior to the expiration of the extended indemnity period, obtained insurance complying with the MTC and incepting on and with effect from the day immediately following the expiration of the policy period.

Appears in 3 contracts

Samples: www.sra.org.uk, www.sra.org.uk, www.sra.org.uk

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Cessation period. The insurance must provide cover for the duration of the cessation period where an insured firm has not, prior to the expiration of the extended indemnity period, obtained insurance complying with the MTC and incepting on and with effect from MTCs for the day immediately following indemnity period or the expiration remainder of the indemnity period (as the case may be) which immediately follows the last indemnity period to which the policy periodrelates.

Appears in 3 contracts

Samples: Authority Agreement, legalservicesboard.org.uk, www.legalservicesboard.org.uk

Cessation period. The insurance must provide cover for the duration of the cessation period where an insured firm has not, prior to the expiration of the extended indemnity period, obtained insurance complying with the MTC and incepting on and with effect from the day immediately following the expiration of the policy period.period.‌

Appears in 1 contract

Samples: www.sra.org.uk

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Cessation period. The insurance must provide cover for the duration of the cessation period where an insured firm has not, prior to the expiration of the extended indemnity period, obtained insurance complying with the MTC and incepting on and with effect from MTCs for the day immediately following indemnity period or the expiration remainder of the indemnity period (as the case may be) which immediately follows the indemnity period to which the policy periodrelates.

Appears in 1 contract

Samples: www.sra.org.uk

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