Indisputability Clause Samples

The Indisputability clause establishes that certain facts, statements, or documents are accepted as true and cannot be challenged or contested by the parties involved. In practice, this clause may apply to certificates, records, or determinations made by a specified party, such as a bank or an independent expert, which are deemed conclusive evidence for the purposes of the agreement. Its core function is to provide certainty and finality in contractual relationships by preventing disputes over specific matters, thereby streamlining processes and reducing the risk of prolonged disagreements.
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Indisputability. The Company will not dispute the validity of the Policy during the lifetime of the Life Assured after two (2) years from the date of issue or any date of reinstatement of the Policy, whichever is later, unless there is fraud, non- payment of premiums or claims which would have been denied if arising from exclusions. For the avoidance of doubt, this paragraph only applies to life and critical illness policies and riders.
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Indisputability. We will neither reject claims nor dispute the validity of this policy after 2 years from the cover start date of this policy, provided the life assured survives till the end of this 2 year period, unless there is/are: • fraud; • material non-disclosure and/or misrepresentation of a material fact that would have impacted acceptance of coverage; • non-payment of premiums; or • claims which would have been denied if arising from exclusions or are otherwise not covered under this policy.
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Indisputability. The Company w ill not dispute the validity of the Policy during the lifetime of the Life Assured after tw o (2) years from the date of issue or any date of reinstatement of the Policy, w hichever is later, unless there is fraud, non- payment of premiums or claims w hich w ould have been denied if arising f rom exclusions. For the avoidanc e of doubt, this paragraph only applies to life and critical illness policies and riders.
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Indisputability. The Company will neither reject claims nor dispute the validity of this Policy after two (2) years from the date of issue and/or date of reinstatement (if applicable) of this Policy, whichever is later, provided the Life Assured survives till the end of this two (2) year period, unless there is/are: (a) fraud; (b) material non-disclosure and/or misrepresentation of a material fact that would have impacted acceptance of coverage; (c) non-payment of premiums; or (d) claims which would have been denied if arising from exclusions or are otherwise not covered under this Policy.
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Indisputability. 1. The declarations provided by the Policyholder and by the Insured Person, both in the proposal and in the other documents necessary for the appreciation of the proposed risk, serve as the basis for the acceptance and formal realization of the insurance contract, which is indisputable provided that it has been in force during the life of the Insured Person and for two years after the issue date. 2. Omissions and imprecise, incomplete, reticent or false declarations which might have influenced the existence or conditions of the insurance, make the contract null and void, extinguishing the obligations arising therefrom from the time of the respective subscription, regardless of when the Insurer became aware of them. 3. For the purpose of the provisions established in the previous number, if there has been bad faith on the part of the Policyholder or of the Insured Person, the Insurer will have the right to the premiums which may have been paid. 4. Also for the purpose of the provisions established in number 2 of this article, and irrespective of the technical knowledge which may enable the Policyholder or to the Insured Person to correctly evaluate the risk or the extent of the losses caused to the Insurer, the reasonable knowledge which they should normally have concerning the importance or gravity of any situation which is the object of any false or imprecise declaration within the terms of that number is relevant.
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Indisputability. We shall not dispute the validity of Your Policy if it has been in force during the lifetime of the Life Assured for at least two (2) years from the Issue Date or Reinstatement Date of this Policy, whichever is later unless a statement of material fact or matter was fraudulently made or there was a fraudulent suppression or omission of material fact or matter in Your Application.
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Related to Indisputability

  • Complaints and Disputes 28.1. If the Client wishes to report a complaint, he must send an email to the Company with the completed “Complaints Form” found on the Website. The Company will try to resolve it without undue delay and according to the Company’s Complaints Procedure for Clients. 28.2. If a situation arises which is not expressly covered by this Agreement, the Parties agree to try to resolve the matter on the basis of good faith and fairness and by taking such action as is consistent with market practice. 28.3. The Client’s right to take legal action remains unaffected by the existence or use of any complaints procedures referred to above.

  • Final and Binding Arbitration If the grievance has not been resolved at Step 2, either party to this Agreement may refer unsettled grievances to final and binding arbitration.

  • Complaints and Dispute Resolution 16.1 Where a dispute arises in connection with any aspect of this Agreement, the parties acting with good faith, will use all reasonable endeavours to bring any such issue to the attention of the other party in a timely fashion and in any event within 60 days of any such dispute coming to their attention. 16.2 Notification by one party to the other must be in writing and include the nature of the dispute and the desired resolution. 16.3 If a Supplier wishes to notify ACM of a dispute in connection with this Agreement, any such notification should be made by email to ▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇.▇▇. 16.4 Within seven days of receipt of a notification in accordance with clause 16.2, a party will provide a response in writing including setting out steps it intends to take to resolve the dispute. 16.5 If, after attempting to resolve the dispute for a period of at least 60 days, the parties are not reconciled, they agree to then participate in a mediation to be conducted in accordance with the Code. 16.6 If, after undertaking mediation in accordance with the Code, the parties are still not reconciled, they may then submit to an arbitration to be conducted in accordance with the Code. 16.7 Unless otherwise agreed in writing, the parties shall each bear their own legal costs associated with any mediation and/or arbitration pursuant to this Agreement. 16.8 Nothing in this clause will prevent a party from seeking an injunction.

  • Rationale/Justification The Cisco Certified Network Associate Security (CCNA® Security) certification represents industry acknowledgement of technical skill attainment of competencies in the IT Security program.

  • Patent Disputes Notwithstanding anything in this Agreement to the contrary, any and all issues regarding the scope, construction, validity, and enforceability of any patent in a country within the Territory shall be determined in a court or other tribunal, as the case may be, of competent jurisdiction under the applicable patent laws of such country.