Insurance Agreements. All ceded reinsurance and retrocessional agreements to which the Insurance Subsidiaries are a party are in full force and effect, except where the failure to be in full force and effect would not, individually or in the aggregate, have a Material Adverse Effect. Neither the Company nor any of the Insurance Subsidiaries has received any notice from any of the other parties to such agreements that such other party intends not to perform in any material respect such agreement, and none of the Company and such Insurance Subsidiaries has any reason to believe that any of the other parties to such agreements will be unable to perform such agreements, except to the extent that (i) the Company or such Insurance Subsidiary has established appropriate reserves on its financial statements or (ii) such nonperformance would not, individually or in the aggregate, have a Material Adverse Effect; and neither the Company nor its Insurance Subsidiaries has given effect to such agreements in its underwriting results in its most recently filed statutory financial statements unless such agreements were in conformity with the requirements therefor of the insurance department of the state of domicile of each such Insurance Subsidiary in effect at such time of preparation for reinsurance ceded pursuant to such agreements.
Insurance Agreements. Solely in respect of determining whether the conditions set forth in Section 4.2 shall be satisfied with respect to any extension of credit to SBF, the Reinsurance Documents and the Payment Plan Purchase Agreement are in full force and effect.
Insurance Agreements. For purposes of the foregoing, such counsel may state that it has not regarded any legal or governmental actions, investigations or proceedings to be "threatened" unless the potential litigant or governmental authority has manifested to the legal department of [CHL] a present intention to initiate such proceedings. Such opinion may express its reliance as to factual matters on the representations and warranties made by, and on certificates or other documents furnished by officers of, the parties to the Pooling and Servicing Agreement. Such opinion may assume the due authorization, execution and delivery of the instruments and documents referred to therein by the parties thereto other than [CHL]. Such opinion may be qualified as an opinion only on the laws of the Incorporation State and the federal law of the United States and, with respect to the opinions set forth in paragraph (f)(ii) above, the laws of the State of [New York]. To the extent that such counsel relies upon the opinion of other counsel in rendering any portion of its opinion, the opinion of such other counsel shall be attached to and delivered with the opinion of such counsel that is delivered to the Underwriters.
Insurance Agreements. The General Agency Agreement among MA Insurance Company, Inc., MCIC and TSL and the Quota Share Reinsurance Agreement among MGA Insurance Company, Inc., MCIC, and Motors Insurance Corporation by GMAC Re Corporation, each in form and substance acceptable to Seller in its sole discretion, shall have been fully executed and delivered and shall remain in full force and effect through the Closing.
Insurance Agreements. 17.1.1 The Seller shall transfer to the Purchaser (or its designated Affiliate) with legal effect as of the Closing Date all or any portion of the insurance agreements further set out in Exhibit 17.1.1 (the “Insurance Agreements”), which the Purchaser has elected in writing following the Signing Date to accept to continue in force following the Closing, along with all rights and obligations by way of outright transfer in the form of assumption of contract (Vertragsübernahme) subject to any third party consents. In relation to the Insurance Agreements, the Purchaser undertakes to enter into such agreements and documents and do all acts as are required to effect the assumption of contract (Vertragsübernahme), provided that the Seller shall not be obliged to bear any costs relating to such assumption of the Insurance Agreements.
17.1.2 In the event that the Seller does not receive a third party consent required for the transfer of the Insurance Agreements along with all rights and obligations by way of outright transfer in the form of assumption of contract (Vertragsübernahme), following the Seller’s reasonable best efforts to obtain such a third party consent, the Seller may, in its reasonable discretion, to be effective as of the Closing Date, amend any insurance policies in the manner it deems appropriate to give effect to this Section 17.1.2; provided, that neither the Seller nor any Seller’s Group Company may take any action that would reduce, modify or eliminate any coverage, terms and conditions or policy limits to the detriment of the Purchaser under any insurance policy presently available to the Purchaser for any claims related to pre-Closing occurrences; provided, further, that, (i) Purchaser shall, to the extent permissible under the Insurance Agreements, continue to have the benefits of any such available insurance, exercisable by requesting that the Seller and any respective Seller’s Group Company make claims under such policies with respect to losses occurring (whether known or unknown) before the Closing Date, to the extent insurance coverage in respect of such claims may be available, (ii) the Seller and the respective Seller’s Group Company shall diligently pursue such claims, consult with the Purchaser prior to making any material decision or taking any material action relating to such claim and take such other actions as may be reasonably requested by the Purchaser in connection with the tendering of such claims to the applicable insurers ...
Insurance Agreements. 1. TJOP shall be responsible for maintaining insurance coverage in force for the life of the Agreement. The insurance company(ies) must have an A.M. Best rating of A-VI or better and be licensed to write such insurance in the State of Nevada. Prior to the commencement of services, TJOP shall provide the District certificate(s) of insurance verifying the coverage. A thirty (30) day advance notice shall be given to the District of any termination, expiration, or any and all changes in coverage. Deductibles and self-insurance retentions shall be declared in the certificate(s) of insurance. All deductibles and retentions are the sole responsibility of TJOP to pay.
2. TJOP shall maintain and pay all premium costs for the following minimum insurance coverages:
a. Commercial General Liability Insurance (and/or excess umbrella liability) including contractual liability, in accordance with the indemnification requirements, and including bodily injury, personal injury, and property damage, along with sexual abuse and molestation including corporal punishment, with limits of at least three million dollars ($3,000,000.00) per occurrence. The general liability insurance shall name the Clark County School District as an additional insured.
Insurance Agreements. Prior to the Closing, the following agreements shall have been executed: (a) an agreement eliminating the Company from the Celina Group Reinsurance Pooling Agreement for shared losses; and (b) an agreement that assigns all Insurance Policies issued by the Company to Celina or an Affiliate of Celina and by which liability with respect to such policies is assumed by the assignee.
Insurance Agreements. All of the provisions to be contained in any contract or contracts of insurance shall be agreed upon by the insurance company and the City. All the rights and privileges granted to the contract-holder by any such contract or contracts or allowed by the insurance company shall be vested in the Trustee, and it may take any action with respect to such contract or contracts permitted or required by the terms thereof or by the insurance company.
Insurance Agreements. HCA shall, or shall cause an HCA Affiliate to, offer to the Acquired Entities physician malpractice insurance coverage on the terms and conditions set forth in Exhibit F.
Insurance Agreements. 1. The FFLV shall be responsible for maintaining insurance coverage in force for the life of the MOA. The insurance company(ies) must have an A.M. Best rating of A- VI or better and be licensed to write such insurance in the State of Nevada. Prior to commencement of services, FFLV shall provide the District certificate(s) of insurance verifying the coverage. A 30-day advance notice shall be given to the District of any termination, expiration, or any and all changes in coverage. Deductibles and self-insurance retentions shall be declared in the certificate(s) of insurance. All deductibles and retentions are the sole responsibility of FFLV to pay.