Clause 23 - Forbearance and Reimbursement
A. No act, omission, course of dealing, forbearance, delay or indulgence by the Club in enforcing any of these Terms & Conditions or any of the terms or conditions of its contracts with an Assured or any granting of time by the Club shall prejudice or affect the rights and remedies of the Club under these Terms & Conditions or under such contracts, and no such matter shall be treated as any evidence of waiver of the Club’s rights thereunder, or shall any waiver by the Club of a breach by an Assured of such Terms & Conditions or contracts operate as a waiver of any subsequent breach(es) thereof. The Club shall at all times and without notice be entitled to insist on the strict application of these Terms & Conditions and on the strict enforcement of its contracts with Assureds.
B. The Assured shall reimburse to the Club on demand the amount of any payment made to any third party by the Club on behalf of or as guarantor for such Assured to the extent that such payment is in respect of any amount which in the opinion of the Managers is not recoverable from the Club.