Common use of WAIVER OR DEFAULT Clause in Contracts

WAIVER OR DEFAULT. Failure of CRC to enforce any provision of this Agreement or to terminate it because of a breach hereof shall not be deemed to be a waiver of such provisions or of any breach committed by the Producer. SEVERABILITY If any clause or provision of this Agreement shall be adjudged invalid or unenforceable by a court of competent jurisdiction or by operation of any applicable law, it shall not affect the validity or any other clause or provision, which shall remain in full force and effect. Each of the provisions of the Agreement shall be enforceable independently of any other provision unless expressed otherwise herein. NO RESPONSIBILITY OR GUARANTEE Producer understands that CRC assumes no responsibility toward any policy with regard to the adequacy, amount or form of coverage and agrees to indemnify and hold CRC harmless from any claim asserted against CRC in following the instructions of the Producer. CRC is not an insurer and does not guarantee the financial condition of the Insurers with whom it may place risks. CRC shall have no liability for non-payment of claims due to the insolvency of an Insurer, or otherwise, under contracts of insurance placed by CRC. PRIVACY POLICY Neither Producer nor CRC shall disclose or use Nonpublic Personal Information (as that term and similar terms are defined in the Xxxxx-Xxxxx-Xxxxxx Act, 15 U.S.C. Section 6801 et. seq. and the applicable state insurance laws and regulations enacted or adopted pursuant to the Xxxxx-Xxxxx-Xxxxxx Act [individually and collectively, the “Act”]) that is received from or collected on behalf of either party except as necessary to permit the Parties to perform their duties under this Agreement, or as otherwise permitted or authorized by the ACT. Both Parties shall implement and maintain appropriate administrative, technical and physical safeguards to protect the security, confidentiality and integrity of such Nonpublic Personal Information.

Appears in 4 contracts

Samples: CRC Brokerage Agreement, Insurance Services Brokerage Agreement, Insurance Services Brokerage Agreement

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WAIVER OR DEFAULT. Failure of CRC NW IS to enforce any provision of this Agreement or to terminate it because of a breach hereof shall not be deemed to be a waiver of such provisions or of any breach committed by the Producer. SEVERABILITY If any clause or provision of this Agreement shall be adjudged invalid or unenforceable by a court of competent jurisdiction or by operation of any applicable law, it shall not affect the validity or any other clause or provision, which shall remain in full force and effect. Each of the provisions of the Agreement shall be enforceable independently of any other provision unless expressed otherwise herein. NO RESPONSIBILITY OR GUARANTEE Producer understands that CRC NW IS assumes no responsibility toward any policy with regard to the adequacy, amount or of form of coverage and agrees to indemnify and hold CRC NW IS harmless from any claim asserted against CRC in NWIS following the instructions of the Producer. CRC NW IS is not an insurer and does not guarantee the financial condition of the Insurers with whom it may place risks. CRC NW IS shall have no liability for non-payment of claims due to the insolvency of an Insurerinsurer, or otherwise, otherwise under contracts of insurance placed by CRCNWIS. PRIVACY POLICY Neither Producer shall neither disclose nor CRC shall disclose or use Nonpublic Personal Information (as that term and similar terms are defined in the Xxxxx-Xxxxx-Xxxxxx Act, 15 U.S.C. U.S.C Section 6801 et. seqSeq. and the applicable state insurance laws and regulations enacted or adopted pursuant to the Xxxxx-Xxxxx-Xxxxxx Act [individually and collectively, the “Act”]) ] that is received from or collected on behalf of either party NW IS except as necessary to permit the Parties Producer to perform their its duties under this Agreement, or as otherwise permitted or authorized by the ACT. Both Parties The Producer shall also implement and maintain appropriate administrative, technical and physical safeguards to protect the security, confidentiality and integrity of such Nonpublic Personal Information.

Appears in 1 contract

Samples: Brokerage Agreement

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WAIVER OR DEFAULT. Failure of CRC TUMI to enforce any provision of this Agreement or to terminate it it, because of a breach hereof hereof, shall not be deemed to be a waiver of such provisions or of any breach committed by the Producer. SEVERABILITY If any clause or provision of this Agreement shall be adjudged invalid or unenforceable by a court of competent jurisdiction or by operation of any applicable law, it shall not affect the validity or any other clause or provision, which shall remain in full force and effect. Each of the provisions of the Agreement shall be enforceable independently of any other provision provision, unless expressed otherwise herein. NO RESPONSIBILITY OR GUARANTEE Producer understands that CRC TUMI assumes no responsibility toward any policy with regard to the adequacy, amount amount, or form of coverage and agrees to indemnify and hold CRC TUMI harmless from any claim asserted against CRC TUMI in following the instructions of the Producer. CRC TUMI is not an insurer and does not guarantee the financial condition of the Insurers with whom it may place risks. CRC TUMI shall have no liability for non-payment of claims due to the insolvency of an Insurer, or otherwise, under contracts of insurance placed by CRCTUMI. PRIVACY POLICY Neither Producer shall neither disclose nor CRC shall disclose or use Nonpublic Personal Information (as that term and similar terms are defined in the Xxxxx-Xxxxx-Xxxxxx Act, 15 U.S.C. Section 6801 et. seq. and the applicable state insurance laws and regulations enacted or adopted pursuant to the Xxxxx-Xxxxx-Xxxxxx Act [individually and collectively, the “Act”]) that is received from or collected on behalf of either party TUMI, except as necessary to permit the Parties Producer to perform their its duties under this Agreement, or as otherwise permitted or authorized by the ACT. Both Parties The Producer shall also implement and maintain appropriate administrative, technical technical, and physical safeguards to protect the security, confidentiality confidentiality, and integrity of such Nonpublic Personal Information.

Appears in 1 contract

Samples: Producer Agreement

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