Common use of Multiple Claims Clause in Contracts

Multiple Claims. Two or more covered Claim s arising out of a single Breach of Professional Duty or any series of related Breaches of Professional Duty will be considered a single Claim and shall be deemed to be made at the time the first of such Claims is made. This policy shall only apply if the first or earliest Claim arising from such Breach of Professional Duty or series of related Breaches of Professional Duty is made during the Policy Period or Extended Reporting Period, if applicable. Th e se p ro vis io ns ap pl y re ga rd le ss of th e num be r o f Ins ure d s i n vo l ved i n s uc h a Cla im , th e number of Claims made, or the number of people or organizations that make the The number of Claims made or the number of people or organizations that make Claims shall not operate to increase the Limits of Liability as specified in subsections A and B above.

Appears in 1 contract

Sources: Architects and Engineers Professional Liability Coverage Form

Multiple Claims. Two or more covered Claim s arising out of a single Breach of Professional Duty or any series of related Breaches of Professional Duty will be considered a single Claim and shall be deemed to be made at the time the first of such Claims is made. This policy shall only apply if the first or earliest Claim arising from such Breach of Professional Duty or series of related Breaches of Professional Duty is made during the Policy Period or Extended Reporting Period, if applicable. Th e se s e p ro vis v i s io ns ap pl a ppl y re ga rd le ss reg ardl ess of th e num be n umb e r o f Ins ure d of Insureds in vol ved in s i n vo l ved i n s uc h uch a Cla im , th e number of Claims made, or the number of people or organizations that make the Claims. The number of Claims made or the number of people or organizations that make Claims shall not operate to increase the Limits of Liability as specified in subsections A and B above.

Appears in 1 contract

Sources: Contractors Professional Liability Coverage Form