Common use of Access to Policies Following Termination Time Clause in Contracts

Access to Policies Following Termination Time. Notwithstanding the provisions of Sections 3.2(a) and 3.2(b) hereof, from and after their respective Termination Time under any Occurrence-Based Policy each Energy Covered Person, Industrial Covered Person and Shipbuilding Covered Person shall have the right to coverage and to make or pursue a claim for coverage under such Occurrence-Based Policy with respect to all claims, suits, actions, proceedings, injuries, losses, liabilities, occurrences, damages and expenses incurred or claimed to have been incurred prior to such Termination Time by such Covered Person in or in connection with the operation of, or otherwise related to, (i) Energy, with respect to any Energy Covered Person, (ii) Industrial, with respect to any Industrial Covered Person, or (iii) Shipbuilding, with respect to any Shipbuilding Covered Person, in each case subject to the terms, conditions and limitations of such Occurrence-Based Policy, provided, however, that nothing in this Section 3.2(c) shall be deemed to constitute or reflect an assignment of any such Occurrence-Based Policy. (d)

Appears in 2 contracts

Samples: Insurance Agreement (Tenneco Inc /De), Insurance Agreement (Newport News Shipbuilding Inc)

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Access to Policies Following Termination Time. Notwithstanding the provisions of Sections 3.2(a) and 3.2(b) hereof, from and after their respective the Termination Time under any Occurrence-Based Policy each Energy Covered Person, Industrial Covered Person and Shipbuilding Covered Person shall have the right to coverage and to make or pursue a claim for coverage under such any Occurrence-Based Policy with respect to all claims, suits, actions, proceedings, injuries, losses, liabilities, occurrences, damages and expenses incurred or claimed to have been incurred prior to such the Termination Time by such Covered Person in or in connection with the operation of, or otherwise related to, (i) Energy, with respect to any Energy Covered Person, (ii) Industrial, with respect to any Industrial Covered Person, or (iii) Shipbuilding, with respect to any Shipbuilding Covered Person, in each case subject to the terms, conditions and limitations of such Occurrence-Based Policy, provided, however, that nothing in this Section 3.2(c) shall be deemed to constitute or reflect an assignment of any such Occurrence-Based Policy. (d)

Appears in 1 contract

Samples: H to Distribution Agreement Insurance Agreement (Newport News Shipbuilding Inc)

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Access to Policies Following Termination Time. Notwithstanding the provisions of Sections 3.2(a3.3(a) and 3.2(b3.3(b) hereof, from and after their respective the Termination Time under any Occurrence-Based Policy each Energy Covered Person, Industrial Covered Person and Shipbuilding Covered Person shall have the right to coverage and to make or pursue a claim for coverage under such Occurrenceany Claims-Based Made Policy with respect to all claims, suits, actions, proceedings, injuries, losses, liabilities, occurrences, damages and expenses which are reported in accordance with the terms of such Claims-Made Policy prior to the Termination Time and which are incurred or claimed to have been be incurred prior to such Termination Time by such Covered Person in or in connection with the operation of, or otherwise related to, (i) Energy, with respect to any Energy Covered Person, (ii) Industrial, with respect to any Industrial Covered Person, or (iii) Shipbuilding, with respect to any Shipbuilding Covered Person, in each case subject to the terms, conditions and limitations of such OccurrenceClaims-Based Made Policy, provided, however, that nothing in this Section 3.2(c3.3(c) shall be deemed to constitute or reflect an assignment of any such OccurrenceClaims-Based Made Policy. (d)

Appears in 1 contract

Samples: H to Distribution Agreement Insurance Agreement (Newport News Shipbuilding Inc)

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