Common use of Insurance Contracts Clause in Contracts

Insurance Contracts. Neither the Company nor any Employee Plan (other than a Multiemployer 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 6 contracts

Samples: Securities Purchase Agreement (Tc Group LLC), Securities Purchase Agreement (Insight Health Services Corp), Securities Purchase Agreement (Aviall Inc)

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Insurance Contracts. Neither None of the Company nor Company, Principal Holders or any Employee Plan (other than a Multiemployer 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 1 contract

Samples: Merger Agreement (Federal Data Corp /Fa/)

Insurance Contracts. Neither the Company Seller nor any Employee Plan (other than a Multiemployer 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 1 contract

Samples: Asset Purchase Agreement (On Point Technology Systems Inc)

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Insurance Contracts. Neither To the best of the Company's knowledge, neither the Company nor any Employee Plan (other than a Multiemployer 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, the consequence of which would be reasonably likely to have, individually or in the aggregate, a Material Adverse Effect on the Company.

Appears in 1 contract

Samples: Merger Agreement (Symons Corp)

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