Common use of Insurance Approval Clause in Contracts

Insurance Approval. The Company shall deliver to Parent at least 15 days prior to the Closing a letter in a form acceptable to Parent validly executed by an officer of the Company, which authorizes Parent’s insurance broker to act as the Company’s insurance broker of record with respect to all insurance policies held by the Company.

Appears in 5 contracts

Samples: Merger Agreement (Quantum Corp /De/), Merger Agreement (Tarantella Inc), Merger Agreement (Captaris Inc)

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Insurance Approval. The Company shall deliver to Parent at least 15 days prior to the Closing a letter in a form acceptable to Parent validly executed by an officer of the Company, which authorizes Parent’s insurance broker broker, effective as of the Closing Date, to act as the Company’s insurance broker of record with respect to all insurance policies held by the Company.

Appears in 4 contracts

Samples: Merger Agreement (Seebeyond Technology Corp), Merger Agreement (Sun Microsystems, Inc.), Merger Agreement (Storage Technology Corp)

Insurance Approval. The Company shall deliver to Parent at least 15 five (5) days prior to the Closing a letter in a form acceptable to Parent validly executed by an officer of the Company, which authorizes Parent’s insurance broker to act as the Company’s insurance broker of record with respect to all insurance policies held by the Company, commencing as of the Effective Time.

Appears in 3 contracts

Samples: Merger Agreement (Harmonic Inc), Merger Agreement (Scopus Video Networks Ltd.), Merger Agreement (Scopus Video Networks Ltd.)

Insurance Approval. The Company shall use commercially reasonable efforts to deliver to Parent at least 15 five days prior to the Closing Date, a letter in a form acceptable to Parent validly executed by an officer of the Company, which authorizes Parent’s insurance broker to act as the Company’s insurance broker of record with respect to all insurance policies held by the Company.

Appears in 1 contract

Samples: Merger Agreement (Autodesk Inc)

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Insurance Approval. The Company shall deliver to Parent at least 15 days ten (10) Business Days prior to the Closing a letter in a form acceptable to Parent validly executed by an officer of the Company, which authorizes Parent’s insurance broker to act as the Company’s insurance broker of record with respect to all insurance policies held by the Company, effective from and after the Effective Time, if the Closing shall occur.

Appears in 1 contract

Samples: Merger Agreement (Answers CORP)

Insurance Approval. The Company shall deliver to Parent at least 15 days prior to the Closing a letter in a form acceptable to Parent validly executed by an officer of the Company, which authorizes Parent’s 's insurance broker to act as the Company’s 's insurance broker of record with respect to all insurance policies held by the Company.

Appears in 1 contract

Samples: Merger Agreement (Scientific Technologies Inc)

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