What Is an Omnibus Clause? An omnibus clause is a provision in standard automobile liability…
Tag:
Clause
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What Is a Warehouse-to-Warehouse Clause? A warehouse-to-warehouse clause is a provision in an insurance policy that…
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A mortgagee clause is found in many property insurance policies, and it provides protection for…
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What Is a Nonforfeiture Clause? A nonforfeiture clause is an insurance policy clause stipulating that…
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What Is Specific Performance Clause? A specific performance clause is a specialized type of contractual…
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What Is a Negative Pledge Clause? A negative pledge clause is a type of negative…
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NEWS ALERT April 7, 2022, 1:30 p.m. EDT: On Thursday, Congress voted nearly unanimously to…
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What Is a Defeasance Clause? A defeasance clause is a provision in some mortgage contracts…
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What Is the Agreed Amount Clause? The agreed amount clause is a property insurance provision through…
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What Is an Exordium Clause? An exordium clause is a clause that most often appears…
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A retention of title (ROT) clause is a contractual provision that allows the seller to…
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What Is an Interlocking Clause? The term “interlocking clause” refers to a provision found in…
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What Is a Nonforfeiture Clause? A nonforfeiture (sometimes hyphenated) clause is an insurance policy clause…