Examples of Malpractice Insurance Policies in a sentence
During the term of this Agreement and any extensions or renewals thereof, and except as otherwise provided herein, the Firm shall maintain legal malpractice insurance policies (the “Malpractice Insurance Policies”) in at least the same amount as provided for by the Firm’s current Malpractice Insurance Policies issued by an insurance carrier with an A.M. Best rating of “A” or better.
During the Term of this Agreement and any extensions or renewals thereof, and except as otherwise provided herein, Firm shall use commercially reasonable efforts to maintain legal malpractice insurance policies (the “Malpractice Insurance Policies”) in at least the same amount as provided for by Firm’s current Malpractice Insurance Policies issued by an insurance carrier with an A.M. Best rating of “A” or better (subject to appropriate increase for any growth in Firm’s business or revenues).
Firm represents and warrants that the Malpractice Insurance Policies are in full force and effect and that they are not in default under any of them and no material claim for coverage thereunder has been denied under any such current Malpractice Insurance Policies with respect to any matter.
At the request of the Default Specialist from time to time, the Firm shall furnish the Default Specialist with a copy of the certificate of insurance evidencing the coverage under such Malpractice Insurance Policies and the Firm agrees that no such Malpractice Insurance Policies may be cancelled or the amount of coverage under such Malpractice Insurance Policies reduced without thirty (30) days prior written notice to the Default Specialist.
The Firm represents and warrants that the Malpractice Insurance Policies, as described on Exhibit A hereto, are in full force and effect and the Firm is not in default under any of them and no material claim for coverage thereunder has been denied under any such current Malpractice Insurance Policies with respect to any matter.
The Firm represents and warrants that the Malpractice Insurance Policies, as described on Exhibit B hereto, are in full force and effect and the Firm is not in default under any of them and no claim for coverage thereunder has been denied under any such current Malpractice Insurance Policies with respect to any matter.
EXHIBIT “A” Description of Malpractice Insurance Policies - CNA lawyers professional liability policy: o Limits of liability: Each claim is limited to $2,000,000 with an aggregate limit of $4,000,000.
During the Term of this Agreement, and except as otherwise provided herein, the Firm shall maintain legal malpractice insurance policies (the “Malpractice Insurance Policies”) in at least the same amount as provided for by the Firm’s current Malpractice Insurance Policies issued by an insurance carrier with an A.M. Best rating of “A” or better.
The Firm represents and warrants that the Malpractice Insurance Policies are in full force and effect and the Firm is not in default under any of them and no claim for coverage thereunder has been denied under any such current Malpractice Insurance Policies with respect to any matter.
Exhibit B Description of the Firm’s Malpractice Insurance Policies Policy: Xxxxxx Lawyers Professional Liability Insurance Policy Number: LDUSA0802919 Limits of Liability: $5,000,000 each claim and $5,000,000 in the aggregate, with a deductible of $125,000 PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 406 OF THE SECURITIES ACT; [***] DENOTES OMISSIONS.