Succeeding Practice Clause Samples

Succeeding Practice. 2.6.1 Where there is a Succeeding Practice to the Firm’s Practice the Insurance must indemnify each Insured against civil liability arising from any provision of Legal Services in connection with a Succeeding Practice to the Firm’s Practice, provided that:— (a) a Claim in respect of such liability is: (i) first made against an Insured during the Coverage Period; and (ii) notified to the Insurer during the Coverage Period or within three (3) Working Days immediately following the end of the Coverage Period; or (b) a Claim in respect of such liability is made during or after the Coverage Period and: (i) arises from Circumstances first notified to the Insurer during the Coverage Period; or (ii) arises from circumstances first notified to the Insurer within three (3) Working Days immediately following the end of the Coverage Period provided that the Insured was aware of such circumstances during the Coverage Period. 2.6.2 For the purposes of such cover as is contemplated in this clause 2.6 the Insurance must include:— (a) each Partnership or sole practitioner who carries on the Succeeding Practice; (b) each trustee, nominee, service or administration company owned by the persons referred to in paragraph (a) from time to time; (c) each director or officer of any such company as is referred to in paragraph (b) above from time to time; (d) each Principal and former Principal of any Partnership referred to in paragraph (a); (e) each Employee and former Employee of any Partnership or sole practitioner or company referred to in paragraph (a) and (b); and (f) the estate or legal personal representatives of any person referred to in this clause