| CLAIMS CONTROL CLAUSE |
| Notwithstanding anything herein contained to the contrary
, it is contained to the contrary, it is condition precedent to any
liability of the Association that: |
| |
| (c) |
in the vent of any claim being made or threatened
against the Member in respect of damage caused by the entered
ship, the Member shall give immediate notice thereof to the
Association and the Member shall not agree to or make any settlement
of any such claim without written consent of the Association,
and |
| (d) |
in the event of damage being suffered by the
entered ship, the Member shall give immediate notice thereof
to the Managers, and the Member shall not agree to settle any
resulting claim without the prior consent of the Association. |
|
| |
|
| CLAIMS CO-OPERATION CLAUSE (A) |
| 1. |
The Member shall, upon knowledge of any loss or circumstances
which may give rise to a claim under this coverage, advise the Association
as soon as practicable. |
| |
|
| 2. |
The Member shall arrange for the Association to be furnished
with all information available in respect of such loss or losses and
shall co-operate with the Association the adjustment and settlement
thereof. |
| |
|
| CLAIMS CO-OPERATION CLAUSE (B) |
| 1. |
The Member shall, upon knowledge of any circumstances
which may give rise to a claim under this coverage, advise the Association
as soon as practicable. |
| |
|
| 2. |
The Member shall arrange for the Association to be furnished
with all information available in respect of such loss or losses particularly,
but not limited to, all survey advices and reports and any other technical
reports commissioned by the Leading Underwriters, by whose decisions
and settlements (excluding "ex-gratia" settlements) the
Association has agreed to be bound.
|