Circumstance definition

Circumstance means an incident, fact, occurrence, matter, act or omission that may give rise to a Claim in the context of civil liability;

Circumstance means any event, change, occurrence, condition, development, state of facts, or circumstance.

Circumstance means any fact, event or situation that could reasonably be the basis for a Claim.

Examples of Circumstance in a sentence

• In the event that prior to the effective date of such cancellation the Insured has not provided notice to the Underwriters of any Claim or Circumstance, the Underwriters shall return a pro rata portion of the premium to the Insured.

• Delta Insurance New Zealand Limited, as agent for and on behalf of certain Underwriters at Lloyd’s, will accept notification of any Claims or Circumstance upon presentation to the address set forth in the Schedule.

• The Named Insured shall act as agent on behalf of all Insureds with respect to all matters under this Policy, including: (a) the giving and receiving of all correspondence regarding this Policy; (b) the giving of notice of any Claim, Circumstance or other matter; (c) the sending or receiving of notice of cancellation; (d) the payment of the premium; and (e) the receipt and acceptance of any endorsements attaching to and forming part of this Policy.

More Definitions of Circumstance

Circumstance means information discovered by the Assured which suggests that a Claim by an identified claimant is more likely than not to be made against the Assured. Such information does not constitute a circumstance merely because the Assured has sold or advised in relation to a product or class of investment that is the subject of adverse press comment or regulatory investigation.

Circumstance means situation which is likely to give rise to a Claim.

Circumstance means any of the circumstances set out within this clause.

Circumstance has the meaning ascribed to such term in the Minimum Terms and Conditions;

Circumstance means any event, occurrence, fact, condition, effect, change or development.

Circumstance means any complaint, criticism, problem, act, error, omission or event happening on or after the Retroactive Date but prior to the end of the Policy Period, which appears likely to the Insured to result in a Claim.

Circumstance means information or facts or matters of which the INSURED is aware which is likely to give rise to a claim against the INSURED which the INSURED could become legally liable to pay and which arises out of the exercise and conduct of the BUSINESS.