DOUBLE INSURANCE. If the same interest has been insured against the same risk by several insurers, each insurer is liable to the insured as if that insurer alone had taken out the insurance. However, the insured is not entitled to more compensation in total from the companies than that corresponding to the damage. If the sum of the liabilities exceeds the damage, the liability is apportioned between the insurers in proportion to the amounts of the liabilities.
DOUBLE INSURANCE. Where liability against one risk has been insured with more than one insurer for coinciding periods the Policyholder shall notify same to the Insurer as soon as possible after the double insurance was effected or after he became aware thereof.
DOUBLE INSURANCE. The Tenant shall not effect any insurance relating to the Property against any of the Insured Risks. If the Tenant is entitled to the benefit of any insurance in respect of the Property, the Tenant shall pay to the Landlord all monies received by virtue of the insurance to enable the Landlord to apply them in making good the loss or damage in respect of which they have been received.
DOUBLE INSURANCE. Save as provided in this Deed the Property Agreement and the Sale of Business Agreement the Landlord shall not effect any insurance relating to the Property against any of the Insured Risks.
DOUBLE INSURANCE. 17.1. You/Beneficiary must notify Us in writing about any other Insurance Agreement with similar insurance covers signed with other insurance companies.
DOUBLE INSURANCE. Property is covered by double insurance, if the same object of insurance or a similar risk is simultaneously covered by two or more insurance contracts. In such case the liabi lity shall be divided between the insurance contracts in such manner that the total amount of indemnities shall not exceed the actual loss. In case of double insurance the insured shall inform Seesam about other insurance contr acts without delay.
DOUBLE INSURANCE. Proscription
DOUBLE INSURANCE. 18.1 In the event that the vehicle is insured in the framework of another insurance policy, issued in accordance with the Insurance Ordinance requirements, the policy owner shall give notice of same to the insurer immediately after the double insurance is arranged or immediately after learning thereof.
DOUBLE INSURANCE. Subject to sub-clause 4.10 of this Lease the Tenant will not effect any insurance over the Demised Premises in respect of any of the Insured Risks
DOUBLE INSURANCE. The Tenant shall not effect any insurance relating to the Property against any of the Insured Risks save where the Landlord ceases insurance of any particular risk in which case the Tenant may effect its own insurance in respect of such risk or risks. If the Tenant is entitled to the benefit of any insurance in respect of the Property, the Tenant shall pay to the Landlord all monies received by virtue of the insurance to enable the Landlord to apply them in making good the loss or damage in respect of which they have been received and subject to sub-clause (15) the Landlord shall use reasonable endeavours to:
