Common use of Insurance and Banking Facilities Clause in Contracts

Insurance and Banking Facilities. The LLC Disclosure Schedule contains a complete and correct list of (i) all contracts of insurance or indemnity of the LLC in force at the date of this Agreement (including name of insurer or indemnitor, agent, annual premium, coverage, deductible amounts, and expiration date) and (ii) the names and locations of all banks in which the LLC has accounts or safe deposit boxes, the designation of each such account and safe deposit box, and the names of all persons authorized to draw on or have access to each such account and safe deposit box. All premiums and other payments due from the LLC with respect to any such contracts of insurance or indemnity have been paid, and the LLC does not know of any fact, act, or failure to act which has or might cause any such contract to be canceled or terminated. All material known claims for insurance or indemnity have been presented.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Onhealth Network Co), Agreement and Plan of Reorganization (Onhealth Network Co)

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Insurance and Banking Facilities. The LLC Company Disclosure -------------------------------- Schedule contains a complete and correct list of (i) all contracts of insurance or indemnity of the LLC Company in force at the date of this Agreement (including name of insurer or indemnitor, agent, annual premium, coverage, deductible amounts, and expiration date) and (ii) the names and locations of all banks in which the LLC Company has accounts or safe deposit boxes, the designation of each such account and safe deposit box, and the names of all persons authorized to draw on or have access to each such account and safe deposit box. All premiums and other payments due from the LLC Company with respect to any such contracts of insurance or indemnity have been paid, and the LLC Company does not know of any fact, act, or failure to act which has or might cause any such contract to be canceled or terminated. All material known claims for insurance or indemnity have been presented.

Appears in 2 contracts

Samples: Merger Agreement (Expedia Inc), Merger Agreement (Expedia Inc)

Insurance and Banking Facilities. The LLC Company Disclosure Schedule contains a complete and correct list of (ia) all contracts of insurance or indemnity of the LLC Company in force at the date of this Agreement (including name of insurer or indemnitor, agent, annual premium, coverage, deductible amounts, and expiration date) and (iib) the names and locations of all banks in which the LLC Company has accounts or safe deposit boxes, the designation of each such account and safe deposit box, and the names of all persons authorized to draw on or have access to each such account and safe deposit box. All premiums and other payments due from the LLC Company with respect to any such contracts of insurance or indemnity have been paid, and the LLC Company does not know of any fact, act, or failure to act which has or might cause any such contract to be canceled or terminated. All material known claims for insurance or indemnity have been presented.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Astea International Inc), Asset Purchase Agreement (Flow International Corp)

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Insurance and Banking Facilities. The LLC Company Disclosure -------------------------------- Schedule contains a complete and correct list of (i) all contracts of insurance or indemnity of the LLC Company in force at the date of this Agreement (including name of insurer or indemnitor, agent, annual premium, coverage, deductible amounts, and expiration date) and (ii) the names and locations of all banks in which the LLC Company has accounts or safe deposit boxes, the designation of each such account and safe deposit box, and the names of all persons authorized to draw on or have access to each such account and safe deposit box. All premiums and other payments due from the LLC Company with respect to any such contracts of insurance or indemnity have been paid, and the LLC Company does not know of any fact, act, or failure to act which has or might cause any such contract to be canceled or terminated. All material known claims for insurance or indemnity have been presented.

Appears in 1 contract

Samples: Merger Agreement (Primus Knowledge Solutions Inc)

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