Errors and Omissions Policies Clause Samples

Errors and Omissions Policies. Buyer shall use its Best Efforts to cause the Acquired Companies to maintain the errors and omissions policies of the Acquired Companies in effect as the date of this Agreement, or, in the event that any of such errors and omissions policies are cancelled, Buyer shall cause the Acquired Companies to purchase tail coverage per the terms of such policies. * * * * *
Errors and Omissions Policies. Seller has one or more errors and omissions insurance policies and fidelity bonds, each in an amount or, in the aggregate, in an amount, customarily maintained by similar companies, each of which policies and bonds is in full force and effect. Each such policy or policies and bond or bonds and the respective amounts