Custodial Detention definition
Examples of Custodial Detention in a sentence
Any Pre-Claim Inquiry made to, or any Custodial Detention of, any Insured Person during the Extended Reporting Period will be deemed made or occurring during the Policy Period, subject to sections V.
Custodial Detention of the Independent Director first occurring during the Policy Period, or any applicable Extended Reporting Period, Run-Off Extended Reporting Period, or Former Independent Director Run-Off Period, for a Wrongful Act.
Any Pre-Claim Inquiry made to, or Custodial Detention of, any Insured Person during the Run-Off Extended Reporting Period will be deemed made during the Policy Period, subject to sections V.
Specimen All Claims or Custodial Detentions arising out of the same Wrongful Act and all Related Wrongful Acts are deemed one Claim or Custodial Detention, and such Claim or Custodial Detention is deemed to be first made on the date the earliest of such Claims or Custodial Detentions is first made against any Insured Person, regardless of whether such date is before or during the Policy Period.
Specimen With respect to any Claim, Pre-Claim Inquiry, or Custodial Detention submitted for coverage under this Policy, the Company has the right, and will be given the opportunity, to effectively associate with the Insured Persons regarding the defense and settlement of such Claim, Pre-Claim Inquiry, or Custodial Detention.
The Insured Persons will have the duty to defend any Claim made against, or Pre-Claim Inquiry or Custodial Detention of, them.
In the event of a Claim, Pre-Claim Inquiry, or Custodial Detention, the Insured Persons will do nothing that may prejudice such rights.
Any Claim arising out of the same or substantially similar facts or circumstances as a Pre-Claim Inquiry or Custodial Detention for which notice has been provided pursuant to sections V.
FORMER INDEPENDENT DIRECTOR COVERAGE, Independent Director, to give the Company timely notice of any Claim, Custodial Detention, or Pre-Claim Inquiry will not, for purposes of this Policy, result in a forfeiture of coverage under this Policy, unless and to the extent that the Company is prejudiced by such delay.
NOTICE, must be sent, delivered, or communicated to the Company at the address, or, for purposes of notice of any Custodial Detention described above, telephone number, set forth in ITEM 3 of the Declarations, and will be deemed received and effective upon the earliest of actual receipt by the addressee, or one day following the date such notice is sent.