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5-2 承保範圍及不保事項 - ACE Group

5-2 承保範圍及不保事項 - ACE Group

5-2 承保範圍及不保事項 - ACE Group

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(ii)the Insured has maintained, without interruption, a Directors and Officers Liability Insurance Policywith the Insurer from no later than the date when the Insured first became aware of the Prior Matteruntil the date this policy commenced; and(iii) cover under this Extension will be in accordance with the terms, conditions, exclusions and limitations(including the Insuring Agreement, Schedule, limit of liability and retention) of the policy in force atthe time the Insured first became aware of the Prior Matter, but only where such earlier policy affordsno broader cover in respect of the Claim than the provisions of this policy.In all other respects this policy remains unaltered.<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE148D Continuous Cover ExtensionBy 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):7.8 Continuous Cover is hereby deleted in its entirety and replaced by the following:7.8 Continuous CoverThis policy extends to cover the Insured for any Claim, Investigation or any Wrongful Act which maygive rise to a Claim, which could have been notified to the Insurer under an earlier directors and officersliability insurance policy issued by the Insurer and/ or other insurer which is notified during the PolicyPeriod or Discovery Period (if applicable), provided that:(i)(ii)there has been no fraudulent non-disclosure or fraudulent misrepresentation in respect of anysuch Claim, Investigation or Wrongful Act which may give rise to a Claim (each being a "PriorMatter"); andthe Insured has maintained, without interruption, a directors and officers liability insurance policywith the Insurer from no later than the date when the Insured first became aware of the PriorMatter until the date this policy commenced; and(iii) cover under this Extension will be in accordance with the terms, conditions, exclusions andlimitations (including the Insuring Agreement, Schedule, limit of liability and retention) of the policyin force at the time the Insured first became aware of the Prior Matter, but only where such earlierpolicy affords no broader cover in respect of the Claim than the provisions of this policy.In all other respects this policy remains unaltered.<strong>ACE</strong> elite III Directors & Officers Liability Insurance PolicyE148C Continuous Cover ExtensionBy 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):7.8 Continuous Cover is hereby deleted in its entirety and replaced by the following:7.8 Continuous CoverThis policy extends to cover the Insured for any Claim, Investigation or any Wrongful Act which maygive rise to a Claim, which could have been notified to the Insurer under an earlier Directors and OfficersLiability Insurance Policy issued by the Insurer and/ or other insurer which is notified during the PolicyPeriod or Discovery Period (if applicable), provided that:(i)(ii)there has been no fraudulent non-disclosure or fraudulent misrepresentation in respect of anysuch Claim, Investigation or Wrongful Act which may give rise to a Claim (each being a "PriorMatter"); andthe Insured has maintained, without interruption, a Directors and Officers Liability InsurancePolicy with the Insurer from no later than the date when the Insured first became aware of thePrior Matter until the date this policy commenced; and272

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