Common use of Insurance Ratings Clause in Contracts

Insurance Ratings. From the Effective Date until the Closing Date, Sellers will take all actions reasonably requested by Buyer to enable Buyer to succeed to the Workers' Compensation and Unemployment Insurance ratings, insurance policies, deposits and other interests of Sellers and the Business for insurance or other purposes. Buyer shall not be obligated to succeed to any such rating, insurance policy, deposit or other interest, except as it may elect to do so.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Shaw Group Inc), Asset Purchase Agreement (Stone & Webster Inc), Asset Purchase Agreement (Shaw Group Inc)

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Insurance Ratings. From the Effective Date until the Closing Date, Sellers Seller will take all actions reasonably requested by Buyer to enable Buyer Buyer, at Buyer’s expense, to succeed to the Workers' Compensation and Unemployment Insurance ratings, insurance policies, deposits and other interests ratings of Sellers Seller and the Business Hospital Businesses for insurance purposes; provided that Seller makes no representation or other purposeswarranty that Buyer will be successful in such succession. Buyer shall not be obligated to succeed to any such rating, insurance policy, deposit or other interest, except as it may elect to do so.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Vanguard Health Systems Inc), Purchase and Sale Agreement (Vanguard Health Systems Inc)

Insurance Ratings. From the Effective Date until the Closing Date, Sellers will shall take all actions reasonably requested by Buyer to enable Buyer to succeed to the Workers' Compensation and Unemployment Insurance ratings, insurance policies, deposits policies and other interests of Sellers each Seller and the Business for insurance or other purposes. Buyer shall not be obligated to succeed to any such rating, insurance policy, deposit or other interest, except as it may elect to do so.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nucor Corp)

Insurance Ratings. From the Effective Date until the Closing Date, Sellers will take all actions reasonably requested by Buyer to enable Buyer to succeed to the Workers' Compensation and Unemployment Insurance ratings, insurance policies, deposits and other interests of Sellers and the Business Hospital Businesses for insurance or other purposes. Buyer shall not be obligated to succeed to any such rating, insurance policy, deposit or other interest, except as it may elect to do so.

Appears in 1 contract

Samples: Asset Purchase Agreement (VHS of Phoenix Inc)

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Insurance Ratings. From the Effective Date until the Closing Date, Sellers Seller will take all actions reasonably requested by Buyer to enable Buyer Buyer, at Buyer's expense, to succeed to the Workers' Compensation and Unemployment Insurance ratings, insurance policies, deposits and other interests ratings of Sellers Seller and the Business Hospital Businesses for insurance purposes; provided that Seller makes no representation or other purposeswarranty that Buyer will be successful in such succession. Buyer shall not be obligated to succeed to any such rating, insurance policy, deposit or other interest, except as it may elect to do so.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Vanguard Health Systems Inc)

Insurance Ratings. From the Effective Date until the Closing Date, Sellers Seller will take all actions reasonably requested by Buyer to enable Buyer to succeed to the Workers' Compensation and Unemployment Insurance ratings, insurance policies, deposits policies and other interests of Sellers Seller and the Business for insurance or other purposes. Buyer shall not be obligated to succeed to any such rating, insurance policy, deposit or other interest, except as it may elect to do so.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nucor Corp)

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