Diligent effort definition
Diligent effort means seeking coverage from and
Diligent effort means seeking coverage from and having been rejected by at least three authorized insurers currently writing this type of coverage and documenting these rejections.
Diligent effort means submission of the risk(s) by the Broker, or a licensed Producer working with the Broker, to no fewer than three (3) Licensed Insurers.
Examples of Diligent effort in a sentence
Diligent effort shall be made by the Fire District to attain the most effective fire rating for the area or areas being served.
Diligent effort will be made to expedite repromotion of downgraded employees through the priority consideration, referral, and selection provisions of Article 14 of the Master Labor Agreement.
Diligent effort shall be made by the Fire Department to attain the most effective fire rating for the area or areas being served.
Diligent effort is made to join with the family and the family’s natural supports throughout the case to ensure that needs are met and child safety and well-being are assured.
More Definitions of Diligent effort
Diligent effort means seeking coverage from and having been rejected by at least three authorized insurers currently writing this type of coverage and documenting these rejections. However, if the residen- tial structure has a dwelling replacement cost of $1 million or more, the term means seeking coverage from and having been rejected by at least one authorized insurer currently writing this type of coverage and documenting this rejection.
Diligent effort means having sought insurance for the same
Diligent effort means having sought insurance for the same risk
Diligent effort means, with respect to a Party, the carrying out of obligations specified in this Agreement in a diligent, expeditious and sustained manner using efforts and resources, including reasonably necessary personnel and financial resources, that businesses operating in the same field as the relevant Party typically devote to such obligations;
Diligent effort means having sought insurance for the same risk from at least three insurers authorized in this state to write the particular insurance coverage or type, class or kind of insurance.
Diligent effort means that effort customarily exerted by MERCK with respect to its own products of similar scientific merit and commercial potential, taking into account, [ * ], and also including the timing and promptness with which such efforts and resources would be applied. The efforts required by MERCK necessary to constitute Diligent Efforts will not be reduced by consideration of the fact in and of itself, that MERCK has an interest in developing or commercializing pharmaceuticals other than the Royalty Compounds and Royalty Products, that may be marketed for the same therapeutic indications as such Royalty Compounds and Royalty Products. Diligent Efforts are [ * ].
Diligent effort means seeking coverage from and receiving rejections from at least three authorized insurers writing the type of coverage. If policy is for residential structure with dwelling replacement cost of $1M or more, only one rejection is needed.