5-2 承保範圍及不保事項 - ACE Group

(i) the bankruptcy, insolvency, liquidation, receivership or administration (voluntary or otherwise) of theCompany; or(ii) any Wrongful Act(s) which have led to or caused, directly or indirectly, wholly or in part thebankruptcy, insolvency, liquidation, receivership or administration (voluntary or otherwise) of theCompany; or(iii) or brought by the creditor, receiver, liquidator, the trustee in bankruptcy or other externaladministrator of the Company or Outside Entity or Non-for-Profit Entity.In all other respects this policy remains unaltered.ACE elite III Directors & Officers Liability Insurance PolicyE148A Continuous Cover ExtensionNotwithstanding anything to the contrary contained in this policy or any other endorsement, the Companyhas fully understood and agreed that with effect from [insert date], in respect of [insert the name ofCo-Insurer] and its portion of the Limit of Liability only, with regard to Prior Matter covered under thispolicy in accordance with Endorsement [insert endorsement number], the following provisions shallapply (subject otherwise to all other terms, conditions, limits of liability and exclusions of the policy):(i)The aggregate Limit of Liability available by [insert the name of Co-Insurer] to cover Prior Matterunder this policy shall be capped to either its portion of the Limit of Liability available in the policy inforce at the time the Insured first became aware of the Prior Matter, or its portion of the Limit ofLiability (including applicable sub-limits) available under this policy, whichever is lower.(ii) The Limit of Liability available under this policy shall be eroded by payments for Prior Matter coveredunder this policy.(iii) [Insert the name of Co-insurer] shall only be liable for the portion of Limit of Liability afforded inaccordance to this policy.In all other respects this policy remains unaltered.ACE elite III Directors & Officers Liability Insurance PolicyE017 Creditors Claim ExclusionBy way of endorsement to the policy, the parties agree as follows (subject otherwise to all other terms,conditions, limits of liability and exclusions of the policy):The Insurer shall not be liable to make any payment for Loss directly or indirectly based on, arising fromor attributable to any Claim by any creditor, receiver, liquidator, the trustee in bankruptcy or other externaladministrator of the Company or Outside Entity or Not-for-Profit Entity made pursuant to any federal,state, territory or local legislation or rights at law.In all other respects this policy remains unaltered.ACE elite III Directors & Officers Liability Insurance PolicyE185 Product Liability EndorsementBy way of endorsement to the policy, the parties agree as follows (subject otherwise to all other terms,conditions, limits of liability and exclusions of the policy):It is agreed this policy does not have the following exclusion under Section 3. Exclusion:269