﻿:@0.253070:0.072991:0.256317:0.072991:0.256317:0.063775:0.253070:0.063775:0.003246
 :@0.059394:0.080687:0.062641:0.080687:0.062641:0.071470:0.059394:0.071470:0.003246
Condition :@0.059392:0.113154:0.240709:0.113154:0.240709:0.081374:0.059392:0.081374:0.028991:0.022347:0.022347:0.022549:0.008858:0.011274:0.008858:0.022347:0.022549:0.011194
 :@0.059392:0.126491:0.063814:0.126491:0.063814:0.113938:0.059392:0.113938:0.004422
1. :@0.059392:0.139461:0.077094:0.139461:0.077094:0.126908:0.059392:0.126908:0.008859:0.004422:0.004422
Notwithstanding any limitation on the powers of the :@0.095226:0.139461:0.459429:0.139461:0.459429:0.126908:0.095226:0.126908:0.011475:0.008859:0.004428:0.011477:0.003623:0.004430:0.008859:0.008053:0.004430:0.008859:0.008859:0.008859:0.003623:0.008859:0.008859:0.004430:0.008859:0.008859:0.007852:0.004428:0.003623:0.003625:0.013087:0.003623:0.004430:0.008859:0.004430:0.003623:0.008657:0.008859:0.004430:0.008859:0.008859:0.004430:0.004428:0.008859:0.008859:0.004430:0.008859:0.008859:0.011475:0.008859:0.005234:0.008053:0.004430:0.008859:0.004630:0.004428:0.004430:0.008859:0.008859:0.004422
Named Insured :@0.095226:0.152431:0.208565:0.152431:0.208565:0.139878:0.095226:0.139878:0.011475:0.008859:0.013085:0.008859:0.008859:0.004430:0.004430:0.008859:0.008053:0.008859:0.005234:0.008859:0.009056:0.004422
 :@0.059392:0.165400:0.063814:0.165400:0.063814:0.152847:0.059392:0.152847:0.004422
(a)  where the action or failure to act which is the :@0.095226:0.178370:0.449975:0.178370:0.449975:0.165817:0.095226:0.165817:0.005233:0.008859:0.005440:0.004422:0.011690:0.011475:0.008859:0.008859:0.005234:0.008859:0.004430:0.004428:0.008859:0.008859:0.004428:0.008859:0.008053:0.004430:0.003623:0.008859:0.008859:0.004430:0.008859:0.005234:0.004428:0.004632:0.008859:0.003625:0.003623:0.008859:0.005234:0.008859:0.004430:0.004430:0.008859:0.004228:0.008859:0.008053:0.004430:0.004430:0.011475:0.008859:0.003625:0.008053:0.008859:0.004430:0.003423:0.008053:0.004430:0.004430:0.008859:0.008859:0.004422
subject of indemnity under this Section exceeded :@0.130869:0.191340:0.481785:0.191340:0.481785:0.178787:0.130869:0.178787:0.008053:0.008859:0.008859:0.003423:0.008859:0.008053:0.004430:0.004428:0.008859:0.004630:0.004228:0.003625:0.008859:0.008859:0.008859:0.013087:0.008859:0.003623:0.004430:0.007852:0.004428:0.008859:0.008859:0.008859:0.008859:0.005234:0.004428:0.004430:0.009059:0.003625:0.008053:0.004430:0.010669:0.008859:0.008053:0.004228:0.003625:0.008859:0.008859:0.004430:0.008859:0.007852:0.008053:0.008859:0.008859:0.008859:0.008859:0.008859:0.004422
the powers of the Named Insured then the :@0.130869:0.204309:0.432868:0.204309:0.432868:0.191756:0.130869:0.191756:0.004430:0.008859:0.008859:0.004430:0.008859:0.008859:0.011475:0.008859:0.005234:0.008054:0.004428:0.008859:0.004630:0.004430:0.004430:0.008859:0.008859:0.004430:0.011475:0.008859:0.013087:0.008859:0.008859:0.004430:0.004430:0.008859:0.008053:0.008859:0.005234:0.008859:0.008859:0.004430:0.004430:0.008859:0.008859:0.008859:0.004430:0.004430:0.008859:0.008859:0.004422
indemnity provided by this Section shall apply :@0.130869:0.217279:0.457021:0.217279:0.457021:0.204726:0.130869:0.204726:0.003623:0.008859:0.008859:0.008859:0.013087:0.008859:0.003625:0.004428:0.007852:0.004430:0.008859:0.005234:0.009059:0.007851:0.003625:0.008859:0.008859:0.008859:0.004430:0.008859:0.007851:0.004430:0.004430:0.008859:0.003625:0.008053:0.004430:0.010671:0.008859:0.008053:0.004430:0.003623:0.008859:0.008859:0.004428:0.008053:0.008859:0.008859:0.003421:0.003625:0.004430:0.008859:0.008859:0.008859:0.003625:0.007851:0.004422
where the Employee in question :@0.130869:0.230249:0.362194:0.230249:0.362194:0.217695:0.130869:0.217695:0.011475:0.008859:0.008859:0.005234:0.008859:0.004430:0.004428:0.008859:0.008859:0.004428:0.010671:0.013087:0.008859:0.003625:0.009059:0.007852:0.008859:0.008859:0.004428:0.003625:0.008859:0.004430:0.008859:0.008859:0.008859:0.008053:0.004430:0.003623:0.008859:0.008859:0.004422
 :@0.059392:0.243218:0.063814:0.243218:0.063814:0.230665:0.059392:0.230665:0.004422
(i) :@0.130869:0.256188:0.149381:0.256188:0.149381:0.243635:0.130869:0.243635:0.005233:0.003625:0.005233:0.004422
believed that the action or failure to act in :@0.166512:0.256188:0.461661:0.256188:0.461661:0.243635:0.166512:0.243635:0.008859:0.008859:0.003623:0.003625:0.008859:0.007852:0.008859:0.008859:0.004430:0.004430:0.008859:0.008859:0.004428:0.004430:0.004430:0.008859:0.008859:0.004430:0.008859:0.008054:0.004428:0.003625:0.008859:0.008859:0.004430:0.008859:0.005234:0.004430:0.004630:0.008657:0.003423:0.003623:0.008859:0.005234:0.008859:0.004428:0.004430:0.008859:0.004428:0.008859:0.008053:0.004430:0.004430:0.003623:0.008859:0.004422
question was within the powers of the :@0.166512:0.269158:0.436092:0.269158:0.436092:0.256604:0.166512:0.256604:0.008859:0.008859:0.008859:0.008053:0.004430:0.003623:0.008859:0.008859:0.004430:0.011475:0.008859:0.008053:0.004430:0.011475:0.003623:0.004430:0.008859:0.003625:0.008859:0.004430:0.004430:0.008859:0.008859:0.004430:0.008859:0.008859:0.011273:0.008859:0.005234:0.008053:0.004430:0.008859:0.004632:0.004428:0.004430:0.008859:0.008859:0.004422
Named Insured :@0.166512:0.282127:0.279851:0.282127:0.279851:0.269574:0.166512:0.269574:0.011475:0.008859:0.013087:0.008859:0.008859:0.004428:0.004430:0.008859:0.008053:0.008859:0.005234:0.008859:0.009056:0.004422
 :@0.130869:0.295097:0.135291:0.295097:0.135291:0.282544:0.130869:0.282544:0.004422
(ii)  or (where that action or failure comprises :@0.130869:0.308213:0.459849:0.308213:0.459849:0.295660:0.130869:0.295660:0.005234:0.003626:0.003626:0.005231:0.004422:0.013503:0.008859:0.005234:0.004428:0.005234:0.011477:0.008859:0.008859:0.005234:0.008859:0.004430:0.004430:0.008859:0.008859:0.004430:0.004428:0.008859:0.008053:0.004430:0.003623:0.008859:0.008859:0.004430:0.008859:0.005234:0.004428:0.004632:0.008859:0.003625:0.003623:0.008859:0.005234:0.008859:0.004430:0.008053:0.008859:0.013087:0.008859:0.005234:0.003625:0.008053:0.008859:0.008054:0.004422
the issuing or authorisation of any document :@0.166512:0.321182:0.483606:0.321182:0.483606:0.308629:0.166512:0.308629:0.004430:0.008859:0.008859:0.004430:0.003623:0.008053:0.008053:0.008657:0.003625:0.008859:0.008859:0.004430:0.008859:0.005234:0.004430:0.008859:0.008859:0.004430:0.008859:0.008859:0.005234:0.003623:0.008054:0.008859:0.004430:0.003623:0.008859:0.008859:0.004430:0.008657:0.004632:0.004428:0.008859:0.008859:0.007852:0.004430:0.008859:0.008859:0.008053:0.008859:0.013085:0.008859:0.008859:0.004428:0.004422
containing any statement as to the powers :@0.166512:0.334152:0.469513:0.334152:0.469513:0.321599:0.166512:0.321599:0.008053:0.008859:0.008859:0.004430:0.008859:0.003623:0.008859:0.003623:0.008859:0.008859:0.004430:0.008859:0.008859:0.007852:0.004428:0.008054:0.004428:0.008859:0.004430:0.008859:0.013087:0.008859:0.008859:0.004430:0.004428:0.008859:0.008053:0.004430:0.004430:0.008859:0.004430:0.004430:0.008859:0.008859:0.004428:0.008859:0.008859:0.011475:0.008859:0.005234:0.008054:0.004422
of the Named Insured or any statement that :@0.166512:0.347122:0.478165:0.347122:0.478165:0.334569:0.166512:0.334569:0.008859:0.004630:0.004430:0.004428:0.008859:0.008859:0.004428:0.011475:0.008859:0.013087:0.008859:0.008859:0.004430:0.004428:0.008859:0.008053:0.008859:0.005234:0.008859:0.008859:0.004428:0.008859:0.005234:0.004430:0.008859:0.008859:0.008053:0.004430:0.008053:0.004430:0.008859:0.004430:0.008859:0.013085:0.008859:0.008859:0.004428:0.004430:0.004430:0.008859:0.008859:0.004430:0.004422
certain steps have been taken or :@0.166512:0.360091:0.402068:0.360091:0.402068:0.347538:0.166512:0.347538:0.008053:0.008859:0.005234:0.004430:0.008859:0.003625:0.008859:0.004430:0.008053:0.004430:0.008859:0.008859:0.008053:0.004430:0.008859:0.008859:0.007852:0.008859:0.004430:0.008859:0.008859:0.008859:0.008859:0.004430:0.004428:0.008859:0.008053:0.008657:0.008859:0.004430:0.008859:0.005234:0.004422
requirements fulfilled) believed that the :@0.166512:0.373061:0.444750:0.373061:0.444750:0.360508:0.166512:0.360508:0.005234:0.008859:0.008859:0.008859:0.003623:0.005234:0.008859:0.013087:0.008859:0.008859:0.004428:0.008054:0.004428:0.004632:0.008859:0.003625:0.004428:0.003625:0.003423:0.003623:0.008859:0.008859:0.005234:0.004430:0.008859:0.008859:0.003623:0.003625:0.008859:0.007852:0.008859:0.008859:0.004430:0.004430:0.008859:0.008859:0.004428:0.004430:0.004430:0.008859:0.008859:0.004422
contents of that statement were true :@0.166512:0.386031:0.425206:0.386031:0.425206:0.373478:0.166512:0.373478:0.008053:0.008859:0.008859:0.004430:0.008859:0.008859:0.004430:0.008053:0.004430:0.008657:0.004630:0.004430:0.004430:0.008859:0.008859:0.004430:0.004428:0.008053:0.004430:0.008859:0.004428:0.008859:0.013087:0.008859:0.008859:0.004430:0.004428:0.011477:0.008859:0.005234:0.008859:0.004428:0.004430:0.005234:0.008859:0.009050:0.004422
 :@0.059392:0.399000:0.063814:0.399000:0.063814:0.386447:0.059392:0.386447:0.004422
and it was reasonable for that Employee to hold :@0.130869:0.411970:0.471923:0.411970:0.471923:0.399417:0.130869:0.399417:0.008859:0.008859:0.008859:0.004428:0.003625:0.004428:0.004430:0.011475:0.008859:0.008053:0.004430:0.005234:0.008859:0.008859:0.008053:0.008859:0.008859:0.008859:0.008859:0.003623:0.008859:0.004228:0.004632:0.008859:0.005234:0.004430:0.004430:0.008859:0.008859:0.004430:0.004428:0.010671:0.013087:0.008859:0.003623:0.008859:0.007851:0.008859:0.008859:0.004430:0.004430:0.008859:0.004430:0.008859:0.008859:0.003625:0.008859:0.004422
that belief at the time when he acted or failed to :@0.130869:0.424940:0.470310:0.424940:0.470310:0.412386:0.130869:0.412386:0.004430:0.008859:0.008859:0.004428:0.004430:0.008859:0.008859:0.003625:0.003623:0.008657:0.004632:0.004428:0.008859:0.004430:0.004428:0.004430:0.008859:0.008859:0.004430:0.004430:0.003623:0.013087:0.008859:0.004430:0.011475:0.008859:0.008859:0.008859:0.004428:0.008859:0.008859:0.004428:0.008859:0.008053:0.004430:0.008859:0.008859:0.004430:0.008859:0.005234:0.004430:0.004630:0.008859:0.003423:0.003623:0.008859:0.008859:0.004430:0.004430:0.008859:0.004422
act :@0.130869:0.437909:0.156635:0.437909:0.156635:0.425356:0.130869:0.425356:0.008859:0.008053:0.004433:0.004422
 :@0.059408:0.450879:0.063829:0.450879:0.063829:0.438326:0.059408:0.438326:0.004422
(b)  insofar as any action or failure to act may :@0.095242:0.463849:0.425626:0.463849:0.425626:0.451295:0.095242:0.451295:0.005233:0.008859:0.005440:0.004422:0.011690:0.003623:0.008859:0.008053:0.008657:0.004630:0.008859:0.005234:0.004430:0.008859:0.008054:0.004428:0.008859:0.008859:0.007852:0.004428:0.008859:0.008053:0.004430:0.003623:0.008859:0.008859:0.004430:0.008859:0.005236:0.004428:0.004632:0.008657:0.003623:0.003623:0.008859:0.005032:0.008859:0.004430:0.004428:0.008859:0.004430:0.008859:0.008053:0.004430:0.004430:0.013087:0.008859:0.007852:0.004422
subsequently be found to be beyond the powers :@0.130885:0.476818:0.474559:0.476818:0.474559:0.464265:0.130885:0.464265:0.008053:0.008859:0.008859:0.008053:0.008859:0.008859:0.008859:0.008859:0.008859:0.004430:0.003623:0.007852:0.004430:0.008859:0.008859:0.004430:0.004630:0.008859:0.008859:0.008859:0.008859:0.004430:0.004430:0.008859:0.004430:0.008859:0.008859:0.004228:0.008859:0.008859:0.007852:0.008859:0.008859:0.008859:0.004428:0.004430:0.008859:0.008859:0.004430:0.008859:0.008859:0.011475:0.008859:0.005234:0.008053:0.004422
of the Employee in question the indemnity :@0.130885:0.489788:0.431066:0.489788:0.431066:0.477235:0.130885:0.477235:0.008859:0.004630:0.004430:0.004428:0.008859:0.008859:0.004430:0.010671:0.013087:0.008859:0.003625:0.008859:0.007852:0.008859:0.008859:0.004430:0.003623:0.008859:0.004430:0.008859:0.008859:0.008859:0.008053:0.004430:0.003623:0.008859:0.008859:0.004428:0.004228:0.008859:0.008859:0.004428:0.003625:0.008859:0.008859:0.008859:0.013087:0.008859:0.003623:0.004430:0.007851:0.004422
provided by this Section shall apply where the :@0.130885:0.502757:0.458650:0.502757:0.458650:0.490204:0.130885:0.490204:0.008859:0.005234:0.008859:0.007852:0.003623:0.008859:0.008859:0.008859:0.004430:0.008859:0.007852:0.004430:0.004428:0.008859:0.003623:0.008053:0.004430:0.010671:0.008859:0.008053:0.004428:0.003625:0.008859:0.008859:0.004430:0.008053:0.008859:0.008859:0.003423:0.003623:0.004430:0.008859:0.008859:0.008859:0.003623:0.007852:0.004428:0.011477:0.008859:0.008859:0.005234:0.008859:0.004430:0.004430:0.008859:0.008859:0.004422
Employee reasonably believed that the act or :@0.130885:0.515727:0.454222:0.515727:0.454222:0.503174:0.130885:0.503174:0.010671:0.013087:0.008859:0.003625:0.008859:0.007852:0.008859:0.008859:0.004430:0.005234:0.008859:0.008859:0.008053:0.008859:0.008859:0.008859:0.008859:0.003625:0.007851:0.004430:0.008859:0.008859:0.003623:0.003625:0.008859:0.008054:0.008859:0.008859:0.004428:0.004430:0.008859:0.008859:0.004430:0.004430:0.004428:0.008859:0.008859:0.004428:0.008859:0.008053:0.004430:0.004428:0.008859:0.005234:0.004422
omission in question was within his powers at the :@0.130885:0.528697:0.482798:0.528697:0.482798:0.516144:0.130885:0.516144:0.008859:0.013085:0.003625:0.008053:0.008053:0.003625:0.008859:0.008859:0.004428:0.003625:0.008859:0.004430:0.008859:0.008859:0.008859:0.008053:0.004228:0.003625:0.008859:0.008859:0.004428:0.011475:0.008859:0.008053:0.004430:0.011475:0.003623:0.004229:0.008859:0.003625:0.008859:0.004430:0.008859:0.003623:0.008053:0.004430:0.008859:0.008859:0.011475:0.008859:0.005234:0.008053:0.004430:0.008859:0.004430:0.004430:0.004418:0.008859:0.008859:0.004422
time at which he acted :@0.130885:0.541666:0.293958:0.541666:0.293958:0.529113:0.130885:0.529113:0.004430:0.003623:0.013087:0.008859:0.004430:0.008859:0.004428:0.004430:0.011475:0.008859:0.003623:0.008054:0.008859:0.004430:0.008859:0.008859:0.004430:0.008859:0.008053:0.004430:0.008859:0.008859:0.004422
 :@0.059408:0.554636:0.063829:0.554636:0.063829:0.542083:0.059408:0.542083:0.004422
 :@0.059392:0.587146:0.070586:0.587146:0.070586:0.555366:0.059392:0.555366:0.011194
 :@0.300987:0.587146:0.312180:0.587146:0.312180:0.555366:0.300987:0.555366:0.011194
26 :@0.492853:0.970668:0.509189:0.970668:0.509189:0.961452:0.492853:0.961452:0.006446:0.006644:0.003246
Casualty Policy Wording  :@0.059400:0.980356:0.193102:0.980356:0.193102:0.971139:0.059400:0.971139:0.008455:0.006446:0.005837:0.006644:0.006446:0.002618:0.003423:0.005637:0.003222:0.008054:0.006446:0.002617:0.002617:0.006041:0.005637:0.003024:0.011678:0.006446:0.003825:0.006446:0.002617:0.006446:0.006446:0.003391:0.003246
 :@0.437889:0.980356:0.441135:0.980356:0.441135:0.971139:0.437889:0.971139:0.003246
TRV0126 02/14  Policy Code 2010 05/12 :@0.725180:0.980356:0.942046:0.980356:0.942046:0.971139:0.725180:0.971139:0.007248:0.008454:0.007850:0.006446:0.006446:0.006446:0.006633:0.003223:0.006644:0.006446:0.003223:0.006644:0.006446:0.003223:0.003223:0.007852:0.006446:0.002618:0.002819:0.006039:0.005637:0.003223:0.008455:0.006644:0.006446:0.006644:0.003223:0.006446:0.006644:0.006446:0.006643:0.003223:0.006446:0.006644:0.003423:0.006446:0.006621:0.003246