Common use of Observance Clause in Contracts

Observance. 4.12.1 The due observance and fulfilment of the provisions of this policy insofar as they may relate to anything to be done or complied with by the insured, and are not already conditions precedent, will be a condition of this policy. Any waiver by the insurer of any provision will not prevent the insurer from relying on such term or condition or condition precedent in the future. 4.12.2 In the event of a breach of any condition in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach providing the insurer can demonstrate some prejudice. 4.12.3 In the event of a breach of any condition precedent in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach, and continue the policy on such terms as the insurer may determine and if any payment on account of any such claim has already been made the insured will repay forthwith all payments on account to the insurer.

Appears in 17 contracts

Sources: Insurance Policy, Insurance Policy, Insurance Policy

Observance. 4.12.1 8.14.1 The due observance and fulfilment of the provisions of this policy insofar as they may relate to anything to be done or complied with by the insured, and are not already conditions precedent, will be a condition of this policy. Any waiver by the insurer of any provision will not prevent the insurer from relying on such term or condition or condition precedent in the future. 4.12.2 8.14.2 In the event of a breach of any condition in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach providing the insurer can demonstrate some prejudice. 4.12.3 8.14.3 In the event of a breach of any condition precedent in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach, and continue the policy on such terms as the insurer may determine and if any payment on account of any such claim has already been made the insured will repay forthwith all payments on account to the insurer.

Appears in 6 contracts

Sources: Liability Insurance Membership Agreement, Liability Insurance Membership Agreement, Liability Insurance Membership Agreement

Observance. 4.12.1 8.14.1 The due observance and fulfilment of the provisions of this policy insofar as they may relate to anything to be done or complied with by the insured, and are not already conditions precedent, will be a condition of this policy. Any waiver by the insurer of any provision will not prevent the insurer from relying on such term or condition or condition precedent in the future. 4.12.2 8.14.2 In the event of a breach of any condition in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach providing the insurer can demonstrate some prejudice. 4.12.3 8.14.3 In the event of a breach of any condition precedent in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach, and continue the policy on such terms as the insurer may determine and if any payment on account of any such claim has already been made the insured will repay forthwith all payments on account to the insurer. 8.14.4 Compliance Officer, Dive Master Insurance Consultants Ltd. 17-23 Rectory ▇▇▇▇▇, ▇▇▇▇▇- on-sea, Essex, SS9 2HA

Appears in 1 contract

Sources: Liability Insurance Policy

Observance. 4.12.1 7.7.1 The due observance and fulfilment of the provisions of this policy insofar as they may relate to anything to be done or complied with by the insured, and are not already conditions precedent, will be a condition of this policy. Any waiver by the insurer of any provision will not prevent the insurer from relying on such term or condition or condition precedent in the future. 4.12.2 7.7.2 In the event of a breach of any condition in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach providing the insurer can demonstrate some prejudice. 4.12.3 7.7.3 In the event of a breach of any condition precedent in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach, and continue the policy on such terms as the insurer may determine and if any payment on account of any such claim has already been made the insured will repay forthwith all payments on account to the insurer.

Appears in 1 contract

Sources: Liability Insurance Membership Agreement

Observance. 4.12.1 8.14.1 The due observance and fulfilment of the provisions of this policy insofar as they may relate to anything to be done or complied with by the insured, and are not already conditions precedent, will be a condition of this policy. Any waiver by the insurer of any provision will not prevent the insurer from relying on such term or condition or condition precedent in the future. 4.12.2 8.14.2 In the event of a breach of any condition in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach providing the insurer can demonstrate some prejudice. 4.12.3 8.14.3 In the event of a breach of any condition precedent in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach, and continue the policy on such terms as the insurer may determine and if any payment on account of any such claim has already been made the insured will repay forthwith all payments on account to the insurer. 8.14.4 Compliance Officer, Syndicate DTW1991, Coverys Managing Agency Limited, ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇.

Appears in 1 contract

Sources: Liability Insurance Policy

Observance. 4.12.1 5.12.1 The due observance and fulfilment of the provisions of this policy insofar as they may relate to anything to be done or complied with by the insured, and are not already conditions precedent, will be a condition of this policy. Any waiver by the insurer of any provision will not prevent the insurer from relying on such term or condition or condition precedent in the future. 4.12.2 5.12.2 In the event of a breach of any condition in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach providing the insurer can demonstrate some prejudice. 4.12.3 5.12.3 In the event of a breach of any condition precedent in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach, and continue the policy on such terms as the insurer may determine and if any payment on account of any such claim has already been made the insured will repay forthwith all payments on account to the insurer.

Appears in 1 contract

Sources: Dive Master Sports Diver Insurance Policy

Observance. 4.12.1 8.14.1 The due observance and fulfilment of the provisions of this policy insofar as they may relate to anything to be done or complied with by the insured, and are not already conditions precedent, will be a condition of this policy. Any waiver by the insurer of any provision will not prevent the insurer from relying on such term or condition or condition precedent in the future. 4.12.2 8.14.2 In the event of a breach of any condition in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach providing the insurer can demonstrate some prejudice. 4.12.3 8.14.3 In the event of a breach of any condition precedent in the policy, and without prejudice to any of the insurer’s other rights, the insurer may reject or reduce claims connected with the breach, and continue the policy on such terms as the insurer may determine and if any payment on account of any such claim has already been made the insured will repay forthwith all payments on account to the insurer. 8.14.4 Compliance Officer, Syndicate DTW1991, Coverys Managing Agency Limited, ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇.

Appears in 1 contract

Sources: Liability Insurance Policy