Discontinuance of Coverage Sample Clauses

Discontinuance of Coverage. A Life Assured’s coverage under this Supplementary Contract shall automatically be terminated on the earliest of the following dates when any of the following events takes place: upon death of the Life Assured; or
AutoNDA by SimpleDocs
Discontinuance of Coverage. (a) With respect to existing coverage including pending applications/registrations for casino gaming services for the Licensed Marks in the name of any Licensor (or any predecessor in interest), CIE acknowledges that, except for as provided in this Section 3.10(a), no Licensor has any obligation to maintain coverage for any country, territory or any other jurisdiction (hereinafter referred to as a “Jurisdiction”). Should any Licensor determine that it no longer desires to maintain coverage in any Jurisdiction for any Licensed Xxxx (other than the Sublicensed Marks), then (i) such Licensor shall provide CIE with no less than sixty day’s written notice of its intent with regard to same; (ii) such Licensor shall, upon written request by CIE, and solely to the extent, if at all, permitted by the terms of any financing agreement applicable to such Licensor, take such action (at CIE’s sole expense) as is necessary to assign such Licensed Xxxx(s) related to casino gaming services to CIE; provided that, (iii) upon CIE’s acceptance of ownership of any registration in a Jurisdiction, CIE shall maintain said registration during the term of this Agreement. In consideration for the transfer of such Licensed Marks, CIE shall pay such Licensor all costs and fees associated with the assignment of the Licensed Marks for each jurisdiction in which CIE becomes the registered owner of the Licensed Xxxx(s). In the event that a Licensor is not permitted to assign such Licensed Xxxx(s) pursuant to a previously executed agreement, upon CIE’s written request, such Licensor shall maintain coverage for such Licensed Xxxx(s) during the Term at CIE’s sole cost and expense.
Discontinuance of Coverage. During the three fiscal years immediately preceding the date hereof, Company has not received any notice from any insurance carrier of any intention to discontinue any insurance policy, discontinue or decrease the insurance coverage under any insurance policy, or require any alterations or improvements to any of Company's facilities or properties.
Discontinuance of Coverage. If the Health Plan elects to discontinue offering this particular health benefit product in the individual market, the Health Plan shall:

Related to Discontinuance of Coverage

  • Maintenance of Insurance The Company shall use commercially reasonable efforts to obtain and maintain in effect during the entire period for which the Company is obligated to indemnify the Indemnitee under this Agreement, one or more policies of insurance with reputable insurance companies to provide the officers/directors of the Company with coverage for losses from wrongful acts and omissions and to ensure the Company’s performance of its indemnification obligations under this Agreement. The Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the coverage available for any such director or officer under such policy or policies. In all such insurance policies, the Indemnitee shall be named as an insured in such a manner as to provide the Indemnitee with the same rights and benefits as are accorded to the most favorably insured of the Company’s directors and officers.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!