Common use of Insurance; Malpractice Clause in Contracts

Insurance; Malpractice. Section 3(j) of the Disclosure Schedule contains a list and brief description of all policies or binders of fire, liability, product liability, workers compensation, health and other forms of insurance policies or binders currently in force insuring against risks which will remain in full force and effect at least through the Closing Date. Section 3(j) of the Disclosure Schedule contains a description of all current malpractice liability insurance policies of the ROA Stockholders, ROA and ROA's professional employees and all predecessor policies in effect since February 1, 1990. Except as set forth on Section 3(j) of the Disclosure Schedule (a) neither ROA, the ROA Stockholders, nor its professional employees have, in the last seven (7) years, filed a written application for any insurance coverage relating to ROA's business or property which has been denied by an insurance agency or carrier and (b) ROA, ROA's professional employees and the ROA Stockholders have been continuously insured for professional malpractice claims during the same period. Section 3(j) of the Disclosure Schedule also sets forth a list of all claims for any insured loss in excess of Five Thousand Dollars ($5,000.00) per occurrence filed by ROA, ROA's professional employees or the ROA Stockholders during the three (3) year period immediately preceding the date hereof, including workers compensation, general liability, environmental liability and professional malpractice liability claims. None of ROA, ROA's professional employees nor the ROA Stockholders is in material default with respect to any provision contained in any such policy and none of them has failed to give any notice or present any claim under any such policy in due and timely fashion.

Appears in 1 contract

Samples: Merger Agreement (Specialty Care Network Inc)

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Insurance; Malpractice. Section 3(j) of the Disclosure Schedule contains a list and brief description of all policies or binders of fire, liability, product liability, workers compensation, health and other forms of insurance policies or binders currently in force insuring against risks which will remain in full force and effect at least through the Closing Date. Section 3(j) of the Disclosure Schedule contains a description of all current malpractice liability insurance policies of the ROA StockholdersExchanger Members, ROA Exchanger and ROAExchanger's professional employees and all predecessor policies in effect since February 1, 1990. Except as set forth on Section 3(j) of the Disclosure Schedule (a) neither ROAExchanger, the ROA StockholdersExchanger Members, nor its Exchanger's professional employees have, in the last seven (7) years, filed a written application for any insurance coverage relating to ROAExchanger's business or property which has been denied by an insurance agency or carrier and (b) ROAExchanger, ROAExchanger's professional employees and the ROA Stockholders Exchanger Members have been continuously insured for professional malpractice claims during the same period. Section 3(j) of the Disclosure Schedule also sets forth a list of all claims for any insured loss in excess of Five Thousand Dollars ($5,000.00) per occurrence filed by ROAExchanger, ROAExchanger's professional employees or the ROA Stockholders Exchanger Members during the three (3) year period immediately preceding the date hereof, including workers compensation, general liability, environmental liability and professional malpractice liability claims. None of ROAExchanger, ROAExchanger's professional employees nor or the ROA Stockholders Exchanger Members is in material default with respect to any provision contained in any such policy and none of them has failed to give any notice or present any claim under any such policy in due and timely fashion.

Appears in 1 contract

Samples: Asset Exchange Agreement (Specialty Care Network Inc)

Insurance; Malpractice. Section 3(j) of the Disclosure Schedule contains a list and brief description of all policies or binders of fire, liability, product liability, workers compensation, health and other forms of insurance policies or binders currently in force insuring against risks which will remain in full force and effect at least through the Closing Date. Section 3(j) of the Disclosure Schedule contains a description of all current malpractice liability insurance policies of the ROA VERO Stockholders, ROA VERO and ROAVERO's professional employees and all predecessor policies in effect since February 1, 1990. Except as set forth on Section 3(j) of the Disclosure Schedule (a) neither ROAVERO, the ROA VERO Stockholders, nor its professional employees have, in the last seven (7) years, filed a written application for any insurance coverage relating to ROAVERO's business or property which has been denied by an insurance agency or carrier and (b) ROAVERO, ROAVERO's professional employees and the ROA VERO Stockholders have been continuously insured for professional malpractice claims during the same period. Section 3(j) of the Disclosure Schedule also sets forth a list of all claims for any insured loss in excess of Five Thousand Dollars ($5,000.00) per occurrence filed by ROAVERO, ROAVERO's professional employees or the ROA VERO Stockholders during the three (3) year period immediately preceding the date hereof, including workers compensation, general liability, environmental liability and professional malpractice liability claims. None of ROAVERO, ROAVERO's professional employees nor the ROA VERO Stockholders is in material default with respect to any provision contained in any such policy and none of them has failed to give any notice or present any claim under any such policy in due and timely fashion.

Appears in 1 contract

Samples: Merger Agreement (Specialty Care Network Inc)

Insurance; Malpractice. Section 3(j) of the Disclosure Schedule contains a list and brief description of all policies or binders of fire, liability, product liability, workers compensation, health and other forms of insurance policies or binders currently in force insuring against risks which will remain in full force and effect at least through the Closing Date. Section 3(j) of the Disclosure Schedule contains a description of all current malpractice liability insurance policies of the ROA StockholdersJINNAH Stockholder, ROA JINNAH and ROAJINNAH's professional employees and all predecessor policies in effect since February 1, 1990. Except as set forth on Section 3(j) of the Disclosure Schedule (a) neither ROAJINNAH, the ROA StockholdersJINNAH Stockholder, nor its professional employees have, in the last seven (7) years, filed a written application for any insurance coverage relating to ROAJINNAH's business or property which has been denied by an insurance agency or carrier and (b) ROAJINNAH, ROAJINNAH's professional employees and the ROA Stockholders JINNAH Stockholder have been continuously insured for professional malpractice claims during the same period. Section 3(j) of the Disclosure Schedule also sets forth a list of all claims for any insured loss in excess of Five Thousand Dollars ($5,000.00) per occurrence filed by ROAJINNAH, ROAJINNAH's professional employees or the ROA Stockholders JINNAH Stockholder during the three (3) year period immediately preceding the date hereof, including workers compensation, general liability, environmental liability and professional malpractice liability claims. None of ROAJINNAH, ROAJINNAH's professional employees nor the ROA Stockholders JINNAH Stockholder is in material default with respect to any provision contained in any such policy and none of them has failed to give any notice or present any claim under any such policy in due and timely fashion.

Appears in 1 contract

Samples: Merger Agreement (Specialty Care Network Inc)

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Insurance; Malpractice. Section 3(j) of the Disclosure Schedule contains a list and brief description of all policies or binders of fire, liability, product liability, workers compensation, health and other forms of insurance policies or binders currently in force insuring against risks which will remain in full force and effect at least through the Closing Date. Section 3(j) of the Disclosure Schedule contains a description of all current malpractice liability insurance policies of the ROA TALL Stockholders, ROA TALL and ROATALL's professional employees and all predecessor policies in effect since February 1, 1990. Except as set forth on Section 3(j) of the Disclosure Schedule (a) neither ROATALL, the ROA TALL Stockholders, nor its professional employees have, in the last seven (7) years, filed a written application for any insurance coverage relating to ROATALL's business or property which has been denied by an insurance agency or carrier and (b) ROATALL, ROATALL's professional employees and the ROA TALL Stockholders have been continuously insured for professional malpractice claims during the same period. Section 3(j) of the Disclosure Schedule also sets forth a list of all claims for any insured loss in excess of Five Thousand Dollars ($5,000.00) per occurrence filed by ROATALL, ROATALL's professional employees or the ROA TALL Stockholders during the three (3) year period immediately preceding the date hereof, including workers compensation, general liability, environmental liability and professional malpractice liability claims. None of ROATALL, ROATALL's professional employees nor the ROA TALL Stockholders is in material default with respect to any provision contained in any such policy and none of them has failed to give any notice or present any claim under any such policy in due and timely fashion.

Appears in 1 contract

Samples: Merger Agreement (Specialty Care Network Inc)

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