✒️ Reservation of rights agreement
A reservation of rights agreement is a contract between an insurance company and an insured in which the insurance company agrees to provide a defense for the insured in the event of a lawsuit, but reserves the right to deny coverage if it is determined that the insured is not covered under the policy.
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Commercial Reservation of Rights Letter
Publisher
ƵJurisdiction
England and WalesAssociated business activities
Reserve rights under loan agreement
The borrower may want to reserve their rights under the loan agreement to protect themselves from liability in case of default.
Reserve rights under contract
A notice of reservation of rights is a notice that one party to a contract sends to the other party when they believe there has been a breach, when they want to make a change to the contract, or when they want to terminate the contract.
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