Common use of Details on Policies Clause in Contracts

Details on Policies. In respect of the insurances referred to in paragraph 12.1: 12.2.1 all premiums have been duly paid to date; and 12.2.2 no Seller has received any notification that such insurances are not valid or enforceable.

Appears in 1 contract

Samples: Share Purchase Agreement (Sterlite Industries (India) LTD)

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Details on Policies. In respect of the insurances referred to in paragraph 12.1: 12.2.1 all premiums have been duly paid to date; and 12.2.2 no Seller Group Company or member of the Retained Group has received any notification that such insurances are not valid in full force and effect or enforceablethat any insurer intends to dispute the validity of any of the policies on any grounds.

Appears in 1 contract

Samples: Share and Business Sale Agreement (Scotts Miracle-Gro Co)

Details on Policies. In respect of the insurances referred to in paragraph 12.1: 12.2.1 all premiums have been duly paid to date; and; 12.2.2 no Relevant Seller or Group Company has received any notification that such insurances are not valid or enforceable; and 12.2.3 so far as the Relevant Sellers are aware, no act, omission, misrepresentation or non-disclosure by or on behalf of any Group Company or the Seller has occurred which makes any of these policies voidable.

Appears in 1 contract

Samples: Share and Business Sale Agreement (Spirent Communications PLC)

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Details on Policies. In respect of the insurances referred to in paragraph 12.1: 12.2.1 all premiums have been duly paid to date; and; 12.2.2 such insurances are in full force and effect and have not been voided by the relevant insurers; 12.2.3 no Seller has received any notification that such insurances are not valid or enforceable; and 12.2.4 all statutory requirements to purchase insurance have been complied with by the Group Companies including any statutory requirements to keep evidence of such insurance.

Appears in 1 contract

Samples: Share Purchase Agreement (Intercontinental Hotels Group PLC /New/)

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