Common use of RIGHTS OF RECOURSE Clause in Contracts

RIGHTS OF RECOURSE. It is a condition precedent to the insurers liability under this policy that the insured maintains full rights of recourse against any manufacturer or supplier with whom the insured has entered into a legal contract for the provision of products as defined by the policy.

RIGHTS OF RECOURSE. It is a condition precedent to the insurers liability under this policy that the insured maintains full rights of recourse against any manufacturer or supplier with whom the insured has entered into a legal contract for the provision of products as defined by the policy.