5-2 承保範圍及不保事項 - ACE Group

Article 6 of the Policy is amended by the addition of the following new paragraph:6. I. With respect to potential demands by the Buyer's estate for refund of the amount ofpreferential transfers:1. The Insurers will agree to extend the claim filing period for such potential preferenceclaims provided that:a. you have notified the Insurers of the claim or potential claim either prior to acceptinga claim payment or Deductible charge on the remainder of the claim, or no later than360 days from the date of the bankruptcy filing, andb. you defend the preference claim in accordance with advice from local counsel, andc. you do not settle the preference claim without our prior written approval; and2. any such extension will be given for the time required to resolve the potential preferenceclaim issue, as follows:a. extensions will be given in increments of three to six months beginning on the dayyou request the extension in accordance with the policy terms; andb. the Insurers agree not to refuse an extension while the preference claim is beingdefended by you.Article 8, section H. is deleted and replaced by the following:8. H. "Default" means non-payment, in whole or in part, of the amount of principal due on aBuyer Obligation in accordance with its terms. Subject to compliance with Articles 6. B., 6. E.and 6. F. of the policy, "Default " shall include the amount of refunds made to or demanded bythe Buyer's estate for return of preferential transfers. Default shall not include anynon-payment resulting from any tax or other charge levied by withholding or otherwise, on aBuyer Obligation.Comprehensive Credit Insurance Policy (Single Buyer Limit)-Broker EndorsementIn accordance with the instructions of the Insured, the designated broker for the Policy is:Comprehensive Credit Insurance Policy (Single Buyer Limit)-Eligible Country EndorsementThis Endorsement outlines the eligible countries in which the Buyer must be located, themaximum limits for which the Insured is covered per country subject to the terms andconditions of the Policy, and any special restrictions on shipments to Buyers in the eligiblecountries. The following general conditions will also apply:1. The Insurers' maximum liability per country shall not exceed the amount of the CountryLimit specified below.2. If a country is not specified below, the Insurers have no liability for shipments to Buyers inthat country.Country Country Limit Special Restrictions$359