Erroneous Act definition

Erroneous Act means the following actual or alleged conduct by an Insured, or by any person or organization for which an Insured is legally liable, and which results from the performance of Insured Activities for others:
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Erroneous Act means, for the purposes of this regulation, shall include, but not be limited to, a violation of Articles 2 or 3 of Title 10 of the Colorado Revised Statutes and Division of Insurance Regulations.
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Examples of Erroneous Act in a sentence

  • The date the Company first receives an Insured’s written notice of the Erroneous Act.

  • The application of the Deductible will not erode the Each Erroneous Act Limit of Insurance or the Aggregate Limit of Insurance.

  • DEDUCTIBLEThe Deductible amount is the amount specified on the Declarations Page for each Erroneous Act.

  • DEDUCTIBLE Damages or Claim Expenses or defend any The Deductible amount is the amount specified on the Declarations Page for each Erroneous Act.

  • All claims arising out of this Erroneous Act will be considered to have been made on the date the first claim was made against SRM, July 10, 2009.

  • However, these arguments do nothing to break the logical connection between the first set of claims and the second, each of which criticized SRM’s collection of rents from the same assortment of tenants.insurance policy exclusion because they “allege[d] the same type of wrongdoing by [the defendant]”).Under the Capitol Policy, these related Erroneous Acts are treated as a single Erroneous Act.

  • The Deductible amount is the amount specified in the Declarations for each Erroneous Act.

  • The application of the Deductible will not erode the Each Erroneous Act Limit of Insurance or the Aggregate Limit of Insurance.If the total of Damages and Claim Expenses for any Claim is within the Deductible, the Company will have no duty to pay Damages or Claim Expenses for the Claim.If, at the Company's option, the Company has paid part or all of any Deductible, the Insured will be obligated to reimburse such amounts to the Company upon demand.SECTION IV - CONDITIONS1.

  • Each payment the Company makes for Damages or Claim Expenses reduces the Each Erroneous Act Limit of Insurance and the Aggregate Limit of Insurance.The Company will not be obligated to pay or reimburse any Damages or Claim Expenses or defend any Claimafter the applicable Limit of Insurance is exhausted.

  • The Self-Insured Retention applies separately to each Erroneous Act.

Related to Erroneous Act

  • PBR Act means the Plant Breeder’s Rights Xxx 0000 (Cth) as amended from time to time.

  • Fair Labor Standards Act means the Fair Labor Standards Act, 29 U.S.C. §201 et seq.

  • the 1992 Act means the Local Government Finance Act 1992;

  • the 1999 Act means the Greater London Authority Act 1999;

  • OHS Act means the Occupational Health and Safety Act 2004;

  • PPS Act means the Personal Property Securities Act 2009 (Cth).

  • the 1991 Act means the Water Industry Act 1991(a);

  • WHS Act means the Work Health and Safety (National Uniform Legislation) Act 2011 (NT) and includes subordinate legislation made under that Act including regulations and approved codes of practice as well as any amendment, re-enactment or replacement of such Act ; and

  • the 1988 Act means the Local Government Finance Act 1988.

  • Corrupt and Fraudulent Practices means either one or any combination of the practices given below;

  • the 1977 Act means the National Health Service Act 1977;

  • the 1983 Act means the Representation of the People Act 1983;

  • Securities Act (Ontario) means the Securities Act, R.S.O. 1990, c. S.5, as amended, and the regulations thereunder, and any comparable or successor laws or regulations thereto;

  • the 1985 Act means the Companies Act 1985;

  • the 1998 Act means the Social Security Act 1998;

  • Securities Act of 1933 means the United States Securities Act of 1933, as from time to time amended.

  • HITECH Act means the Health Information Technology for Economic and Clinical Health Act, TitleXIII, Subtitle D, Part 1 & 2 of the American Recovery and Reinvestment Act of 2009.

  • the 1989 Act means the Local Government and Housing Act 1989;

  • the 1974 Act means the Health and Safety at Work etc. Act 1974;

  • Occupational Health and Safety Act means the Occupational Health and Safety Act, 1993 (Act No 85 of 1993);

  • the 1978 Act means the National Health Service (Scotland) Act 1978 (c. 29),

  • the 1984 Act means the Road Traffic Regulation Act 1984;

  • Foreign Corrupt Practices Act means the Foreign Corrupt Practices Act of the United States, 15 U.S.C. Sections 78a, 78m, 78dd-1, 78dd-2, 78dd-3, and 78ff, as amended, if applicable, or any similar law of the jurisdiction where the Property is located or where the Company or any of its Subsidiaries transacts business or any other jurisdiction, if applicable.

  • B-BBEE Act means the Broad-Based Black Economic Empowerment Act, 2003;

  • fraudulent practices which means any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation; and

  • Privacy Act means the Privacy Act 1988 (Cth).