Common use of Insurance Contracts Clause in Contracts

Insurance Contracts. No Employee Plan holds as an asset of any Employee Plan any interest in any annuity contract, guaranteed investment contract or any other investment or insurance contract issued by an insurance company that is the subject of bankruptcy, conservatorship or rehabilitation proceedings.

Appears in 5 contracts

Samples: Merger Agreement (Mentor Graphics Corp), Merger Agreement (Check Point Software Technologies LTD), Merger Agreement (Check Point Software Technologies LTD)

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Insurance Contracts. No Employee Plan holds as an asset of any Employee Plan any interest in any annuity contract, guaranteed investment contract or any other investment or insurance contract issued by an insurance company that is the subject of bankruptcy, conservatorship or rehabilitation proceedings.

Appears in 3 contracts

Samples: Merger Agreement (Jmar Technologies Inc), Merger Agreement (Helpmate Robotics Inc), Merger Agreement (Brush Creek Mining & Development Co Inc)

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