Orange County NC Website
Docusign Envelope ID:C101DF94-8EEA-4210-A163-1FB71C9DF46C <br /> CNA E PS+ <br /> tech + pro + media + security + privacy <br /> a. the Insurer is notified in writing of such cessation prior to the effective date thereof and agrees in writing <br /> to provide coverage for Wrongful Acts occurring on or after such effective date; and, <br /> b. the Insured Entity accepts any special terms, conditions and exclusions and pays any additional <br /> premium charge required by the Insurer. <br /> M. SUBROGATION AND RECOVERY <br /> To the extent it pays any Damages or Claim Expenses, the Insurer shall be subrogated to all the Insureds rights <br /> of recovery therefor, including without limitation an Insureds right to indemnification or advancement from the <br /> Insured Entity. The Insureds shall execute all papers necessary to secure such rights, including executing any <br /> documents necessary to enable the Insurer effectively to bring suit in their name, and shall take no action which <br /> impairs the Insurer's rights of subrogation or recovery. <br /> N. NOTICES TO THE NAMED INSURED <br /> Any notices to the Named Insured under this Policy shall be provided to the Named Insured at the last known <br /> address and to its last known insurance agent or broker. If properly mailed to the Named Insured at such <br /> address, the date of mailing shall constitute the date such notice was given. <br /> O. CHANGES <br /> Notice to or knowledge possessed by any agent or other person acting on behalf of the Insurer does not effect a <br /> waiver or a change in any part of this Policy or stop the Insurer from asserting any right under the provisions of <br /> this Policy, nor shall the provisions be waived or changed except by written endorsement issued to form a part of <br /> this Policy. <br /> P. INSURED AUTHORIZATION <br /> The Insureds agree that the Named Insured will act on behalf of the Insureds with respect to giving of all <br /> notices to the Insurer(except notices provided in Section VI. CONDITIONS, paragraph B. NOTICE OF CLAIM, <br /> CIRCUMSTANCE OR NETWORK IMPAIRMENT/PRE-CLAIMS ASSISTANCE/DATE OF CLAIM)the receipt of <br /> notices from the Insurer, the payment of the premiums, the receipt of any return premiums that may become due <br /> under this Policy, and the agreement to and acceptance of endorsements. <br /> Q. VALUATION <br /> All premiums, limits, retentions, and other amounts under this Policy are expressed and payable in United States <br /> of America currency. If any judgment, settlement or any part thereof are expressed or calculated in any other <br /> currency, payment of such amount due under this Policy will be made in the currency of the United States of <br /> America, at the rate of exchange published in The Wall Street Journal on the date the Insurer's obligation to pay <br /> such is established, or, if not published on that date, on the date of next publication. <br /> R. BANKRUPTCY <br /> Bankruptcy or insolvency of any Insured does not relieve the Insurer of any of its obligations hereunder. <br /> If a liquidation or reorganization proceeding is commenced by the Named Insured and/or any other Insured <br /> Entity(whether voluntarily or involuntarily) under Title 11 of the United States Code (as amended), or any similar <br /> state, local or foreign law(collectively"Bankruptcy Law")then, in regard to a covered Claim under this Policy, the <br /> Insureds hereby: <br /> GSL2302XX (Ed 6/11) <br /> Page 25 <br /> Copyright©2011 CNA. All Rights Reserved. <br />