Conflict of Interest
- Sunday, January 8, 2017, 17:43
- C-Clauses
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It is hereby understood and agreed that Weshall not be liable under this Policy to indemnify the Insured in respect of any Claim directly or indirectly based upon, attributable to or in consequence of any actual or alleged conflict of interest, including but not limited to:
(a) the inducement, recommendation or endorsement of investment or lending of funds in the Insured itself or its parent entity, subsidiary or affiliated companies.
(b) acting for both parties in a transaction, the buyer and seller, dispute or litigation, plaintiff and defendant the gaining of any profit or advantage to which the Insured was not legally entitled to.
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