Cooperation Concerning Insurance Sample Clauses

Cooperation Concerning Insurance. The parties acknowledge that certain insurance coverage relating to the TLC Business is currently provided pursuant to policies of insurance that are maintained by Mattel. Mattel agrees to cooperate reasonably with the Company (at the Company's expense) to coordinate the transition, following the Closing, of the coverage provided by such policies to new insurance policies obtained and maintained by the Company (or by one or more of its affiliates), such cooperation and coordination to include, without limitation, cooperating and assisting the Company in purchasing (at the Company's expense) "tail" insurance policies, considering in good faith the provision of continued coverage for claims that were incurred prior to the Closing that are covered by "occurrence based" insurance policies or other insurance policies that may continue to be available following the Closing (but only to the extent that all costs and expenses related thereto are borne by the Company), transitioning the management of self-insured claims, and transferring to the Company any insurance policies relating exclusively to the TLC Subsidiaries (such as pre-paid, single premium insurance policies covering any TLC Subsidiary or its employees) that may be held by Mattel.