Common use of Mergers or Consolidations Clause in Contracts

Mergers or Consolidations. If during the Policy Period the Named Insured consolidates or merges with or is acquired by another entity, or sells more than 50% of its assets to another entity, then this Policy will continue to remain in effect through the end of the Policy Period, but only with respect to events, acts or incidents that occur prior to such consolidation, merger or acquisition. There will be no coverage provided by this Policy for any other Claim or Loss unless the Named Insured provides written notice to the Underwriters prior to such consolidation, merger or acquisition, the Named Insured has agreed to any additional premium and terms of coverage required by the Underwriters and the Underwriters have issued an endorsement extending coverage under this Policy.

Mergers or Consolidations. If during the Policy Period the Named Insured consolidates or merges with or is acquired by another entity, or sells more than 50% substantially all of its assets to another any other entity, then this Policy will continue to shall remain in effect through the end of the Policy Periodfull force and effect, but only with respect to eventsa Security Breach, acts or other act or incidents that occur prior to such the date of the consolidation, merger or acquisition. There will shall be no coverage provided by this Policy for any other Claim or Loss unless the Named Insured provides written notice to the Underwriters prior to such consolidation, merger or acquisition, the Named Insured has agreed to any additional premium and terms of coverage required by the Underwriters and the Underwriters have issued an endorsement extending coverage under this Policy.

Mergers or Consolidations. If during the Policy Period the Named Insured consolidates or merges with or is acquired by another entity, or sells more than 50% substantially all of its assets to another any other entity, then this Policy will continue to shall remain in effect through the end of the Policy Periodfull force and effect, but only with respect to eventsa Security Breach, acts or other act or incidents that occur prior to such the date of the consolidation, merger or acquisition. There will shall be no coverage provided by this Policy policy for any other Claim or Loss unless the Named Insured provides written notice to the Underwriters prior to such consolidation, merger or acquisition, the Named Insured has agreed to any additional premium and terms of coverage required by the Underwriters and the Underwriters have issued an endorsement extending coverage under this Policy.

Mergers or Consolidations. If during the Policy Period the Named Insured consolidates or merges with or is acquired by another entity, or sells more than 50% substantially all of its assets to another entity, then this Policy will continue to remain in effect through the end of the Policy Period, but only with respect to events, acts or incidents that occur prior to such consolidation, merger or acquisition. There will be no coverage provided by this Policy for any other Claim or Loss unless the Named Insured provides written notice to the Underwriters prior to such consolidation, merger or acquisition, the Named Insured has agreed to any additional premium and terms of coverage required by the Underwriters and the Underwriters have issued an endorsement extending coverage under this Policy.