Common use of Successor practice Clause in Contracts

Successor practice. The insurance must indemnify each insured against civil liability to the extent that it arises from private legal practice in connection with a successor practice to the insured firm’s practice (where succession is as a result of one or more separate mergers, acquisitions, absorptions or other transitions), provided that a claim in respect of such liability is first made against an insured: (a) during the period of insurance; or (b) during or after the period of insurance and arising from circumstances first notified to the insurer during the period of insurance unless run-off cover is provided in accordance with clause 5.6.

Successor practice. The insurance must indemnify each insured against civil liability to the extent that it arises from private legal practice in connection with a successor practice to the insured firm’s firm‟s practice (where succession is as a result of one or more separate mergers, acquisitions, absorptions or other transitions), provided that a claim in respect of such liability is first made against an insured: (a) during the period of insurance; or (b) during or after the period of insurance and arising from circumstances first notified to the insurer during the period of insurance unless run-off cover is provided in accordance with clause 5.6.

Successor practice. The insurance must indemnify each insured Insured against civil liability to the extent that it arises from private legal practice Private Legal Practice in connection with a successor practice Successor Practice to the insured firmInsured Firm’s practice Practice (where succession is as a result of one or more separate mergers, acquisitions, absorptions or other transitions), provided that a claim Claim in respect of such liability is first made against an insuredInsured: (a) during the period Period of insuranceInsurance; or (b) during or after the period Period of insurance Insurance and arising from circumstances Circumstances first notified to the insurer Insurer during the period Period of insurance Insurance, unless run-off cover is provided in accordance with clause 5.65.3.

Successor practice. The insurance must indemnify each insured against civil liability to the extent that it arises from private legal practice in connection with a successor practice to the insured firm’s practice (where succession is as a result of one or more separate mergers, acquisitions, absorptions or other transitions), provided that a claim in respect of such liability is first made against an insured: (a) during the period of insurance; or (b) during or after the period of insurance and arising from circumstances first notified to the the‌ insurer during the period of insurance unless run-off cover is provided in accordance with clause 5.6.

Successor practice. The insurance must indemnify each insured Insured against civil liability to the extent that it arises from private legal practice Private Legal Practice in connection with a successor practice Successor Practice to the insured firm’s practice Insured Firm‘s Practice (where succession is as a result of one or more separate mergers, acquisitions, absorptions or other transitions), provided that a claim Claim in respect of such liability is first made against an insuredInsured: (a) during the period Period of insuranceInsurance; or (b) during or after the period Period of insurance Insurance and arising from circumstances Circumstances first notified to the insurer Insurer during the period Period of insurance Insurance., unless run-off cover is provided in accordance with clause 5.65.3.