Duty of Disclosure Sample Clauses

Duty of Disclosure. The Manager has an affirmative duty to disclose material facts to the Members. Information is considered material if there is a substantial likelihood that a reasonable Investor would consider it important in making an investment decision. The Manager must not make any untrue statements to the Members and must not omit disclosing any material facts to the Members. The Manager has a further duty to disclose conflicts of interest that may exist between the interests of the Manager and its Affiliates and the interests of the Company or any of the individual Members.
AutoNDA by SimpleDocs
Duty of Disclosure. Consumer Takaful Contract - Where You have applied for this Takaful wholly for purposes unrelated to Your trade, business or profession, You had a duty to take reasonable care not to make a misrepresentation in answering the questions in the Proposal Form (or when You applied for this takaful) i.e. You should have answered the questions fully and accurately. Failure to have taken reasonable care in answering the questions may result in voidance of Your contract of takaful, refusal or reduction of Your claim(s), change of terms or termination of Your contract of takaful in accordance with the remedies in Schedule 9 of the Islamic Financial Services Act 2013. You were also required to disclose any other matter that You knew to be relevant to Our decision in accepting the risks and determining the rates and terms to be applied. You also have a duty to tell Us immediately if at any time after Your contract of takaful has been entered into, varied or renewed with Us any of the information given in the Proposal Form (or when You applied for this takaful) is inaccurate or has changed. Non-Consumer Takaful Contract - Where You have applied for this Takaful wholly for purposes related to Your trade, business or profession, You had a duty to disclose any matter that You know to be relevant to Our decision in accepting the risks and determining the rates and terms to be applied and any matter a reasonable person in the circumstances could be expected to know to be relevant otherwise it may result in voidance of Your contract of takaful, refusal or reduction of Your claim(s), change of terms or termination of Your contract of takaful. You also have a duty to tell Us immediately if at any time after Your contract of takaful has been entered into, varied or renewed with Us any of the information given in the Proposal Form (or when You applied for this takaful) is inaccurate or has changed.
Duty of Disclosure. Consumer Takaful Contract - Where the Certificate Holder has applied for this Takaful wholly for purposes unrelated to the Certificate Holder’s trade, business or profession, the Certificate Holder had a duty to take reasonable care not to make a misrepresentation in answering the questions in the Proposal Form (or when the Certificate Holder applied for this takaful) i.e. the Certificate Holder should has answered the questions fully and accurately. Failure to have taken reasonable care in answering the questions may result in avoidance of the Certificate Holder’s contract of takaful, refusal or reduction of the Certificate Holder’s claim(s), change of terms or termination of the Certificate Holder’s contract of takaful in accordance with the remedies in Schedule 9 of the Islamic Financial Services Act 2013. The Certificate Holder is also required to disclose any other matter that the Certificate Holder knews to be relevant to Our decision in accepting the risks and determining the rates and terms to be applied. The Certificate Holder also has a duty to tell Us immediately if at any time after the Certificate Holder’s contract of takaful has been entered into, varied or renewed with Us any of the information given in the Proposal Form (or when the Certificate Holder applied for this takaful) is inaccurate or has changed. Non-Consumer Takaful Contract - Where the Certificate Holder has applied for this Takaful for purposes related to the Certificate Holder’s trade, business or profession, the Certificate Holder had a duty to disclose any matter that the Certificate Holder know to be relevant to Our decision in accepting the risks and determining the rates and terms to be applied and any matter a reasonable person in the circumstances could be expected to know to be relevant otherwise it may result in avoidance of the Certificate Holder’s contract of takaful, refusal or reduction of the Certificate Holder’s claim(s), change of terms or termination of the Certificate Holder’s contract of takaful. The Certificate Holder also has a duty to tell Us immediately if at any time after the Certificate Holder’s contract of takaful has been entered into, varied or renewed with Us any of the information given in the Proposal Form (or when the Certificate Holder applied for this takaful) is inaccurate or has changed.
Duty of Disclosure. As a consumer insured you have a duty to take reasonable care to answer questions fully and accurately, and that any information you volunteer is not misleading. This duty exists before the cover is placed or altered at any time throughout the duration of the Insurance policy. If you do not do so, your Insurer may be able to void your insurance policy from inception or refuse a claim.
Duty of Disclosure. The Policy shall be null and void and no benefit shall be payable in the event of untrue or incorrect statements, misrepresentation, mis-description or non-disclosure of any material particulars in the proposal form, personal statement, declaration, claim form declaration, medical history on the claim form and connected documents, or any material information having been withheld by You or any one acting on Your behalf, under this Policy. You further understand and agree that We may at Our sole discretion cancel the Policy and the premium paid shall be forfeited to Us.
Duty of Disclosure. You have a duty to take reasonable care not to make any misrepresentation i.e. You should answer all questions fully and accurately. Failure to take reasonable care in answering the questions may result in avoidance of Your insurance contract, refusal or reduction of Your claim(s), change of terms or termination of Your insurance contract. In the event of any pre-contractual misrepresentations by You in relation to Your answers and disclosures, only remedies in Schedule 9 of the Financial Services Act 2013 will apply. You have a duty to tell Us immediately if at any time after Your insurance contract has been entered into, varied or renewed with Us, any of the information given when You applied for this insurance is inaccurate or has changed. At the point of purchasing this Policy and at any point during the validity of this insurance contract, You must immediately inform Us of any other insurance You have bought which provides like or similar type of coverage to the items insured under this insurance contract.
Duty of Disclosure. PAPs are responsible to report to AGENCY within 5 business days, any changes in the PAPs circumstances that may impact the terms of PAPs approval with AGENCY, State, USCIS or foreign government criteria. If PAPs become pregnant during the adoption process at any time, AGENCY Social Services Supervisor will re-evaluate the case which may mean that the adoption will need to be placed on hold or in its sole discretion, AGENCY may possibly terminate this agreement and all other adoption services regardless of whether a Child has been referred to PAPs. Each case will be carefully reviewed on a case by case basis. If PAPs are placed on hold, then AGENCY will return any funds domestically or abroad to which the PAP may be entitled within sixty (60) days of the Hold agreement, for services not already provided. PAPs understand and acknowledge AGENCY requires a minimum of six months for adjustment before considering proceeding with another adoption placement in the home or after the birth of a Child. Child placement should not happen in the home prior to one year from the previous placement or birth of a Child. Should the PAPs plan to pursue another adoption from other sources at the same time they are working with AGENCY the PAPs will inform AGENCY within 5 business days of doing so. Further, PAPs agree to report to AGENCY if any of the following circumstances happens or changes from the time PAPs application is approved for adoption with AGENCY until Child is fully adopted and in the home: • Any actual or prospective change in either PAPs employment, financial status, work or home address, work or home or cell numbers, email addresses; • Marriage changes or separations; • Health Status of PAPs (including pregnancy) or Children or others living in the home; • Death of an individual living in the home of PAPs; • Changes in status of individuals living in the home, such as moving out of the home or into the home. PAPs understand that new individuals coming to live in the home can alter and change the status of the PAPs approval for adoption and updates and delays and expenses for PAPs adoption home study are extremely possible; • Any criminal charges, brought against PAP or against any others living in PAPs home; REVIEW ONLY • Any complaints known against PAPs or other individuals living in PAPs home by Child protection agencies or allegations of Child abuse or neglect. • Failure to report any of the above changes shall be considered a breach of this agreement and a...
AutoNDA by SimpleDocs
Duty of Disclosure. You have a duty to take reasonable care not to make any misrepresentation in answering the questions in the Proposal Form i.e. You should answer the questions fully and accurately. Failure to take reasonable care in answering the questions may result in avoidance of Your contract of insurance, refusal or reduction of Your claim(s), change of terms or termination of Your contract of insurance. In the event of any pre-contractual misrepresentations made in relation to Your answers and in any disclosures given by You, only remedies in Schedule 9 of the Financial Services Act 2013 will apply. You have a duty to tell Us immediately if at any time after Your contract of insurance has been entered into, varied or renewed with Us, any of the information given in the Proposal Form is inaccurate or has changed. At the point of purchasing this insurance and at any point during the validity of this insurance contract, You must immediately inform Us of any other insurance that You have bought which provides like or similar type of coverage to the items insured under this contract of insurance.
Duty of Disclosure. It is a condition of this Insurance that you have disclosed all material facts to us. Your failure to do so may affect your rights under this Insurance. If you are in any doubt about what was material then you should declare it to us.
Duty of Disclosure. Dimension has complied with and, to Dimension’s knowledge ReGenX has complied with, the U.S. PTO duty of disclosure respecting the prosecution of all of Dimension Patents and, in the case of ReGenX, the Sublicensed Patents;
Time is Money Join Law Insider Premium to draft better contracts faster.