Newly Acquired Articles Sample Clauses

Newly Acquired Articles. If you acquire any additional articles of the type for which a limit of insurance is shown, we will automatically insure these under this form provided you notify us within 30 days. We will not pay more than $5,000.00 under this extension. You are covered within the territorial limits of Canada and the Continental United States up to the limits of insurance shown on the Declaration Page.
AutoNDA by SimpleDocs
Newly Acquired Articles. If you acquire any additional articles of the type for which an Amount of Insurance is shown, we will automatically insure these under this endorsement, provided you notify us within 30 days. We will not pay more than $5,000 under this extension. Any loss or damage shall not reduce the amount of insurance provided by this endorsement. If, following payment of a claim, you acquire any articles to replace those which were lost or damaged, you must tell us within 30 days. We insure your fine arts, listed under Optional Coverages, on the Policy Declarations, against all risk of direct physical loss or damage, subject to the terms and conditions of this endorsement. The words “you” or “your” have the same meaning as in Section I of the policy. We will pay the lesser of:
Newly Acquired Articles. If you acquire any additional fine arts, we will automatically insure these provided you tell us within 30 days of acquisition. We will not pay more than 25% of the total amount of insurance provided by this form. Packing and Unpacking – The Fine Arts must be packed and unpacked by a competent packer(s). Valued Property – We will pay up to the amount shown for each fine arts item. Each such item is valued at and insured for the amount shown. Deductible
Newly Acquired Articles. If you acquire any additional equipment, media or software we will automatically insure these under this form provided you notify us within 30 days. We will not pay more than $5,000 under this extension for equipment nor more than $1,000 for media or software. WARNING! PLEASE READ YOUR POLICY, AS CERTAIN PERILS MAY NOT APPLY DURING VACANCY OR UNOCCUPANCY.
Newly Acquired Articles. If you acquire any additional sports equipment, we will automatically insure these provided you tell us within 15 days of acquisition. Under this extension we will not pay more than 25% of the total amount of insurance provided by this form. PROPERTY INSURED PROPERTY NOT INSURED
Newly Acquired Articles. Temporary Cover - Fine Arts If y ou acquire any additional articles of a ty pe already scheduled under this endorsement, we will automatically cov er these articles f or a period of 30 day s f rom the date of the acquisition but not exceeding the expiry date of the policy to which this endorsement is attached. You must report the newly acquired property to us within this same 30 days and pay the additional premium from the date acquired. Under this extension of cov er, we will not pay more than 25% of the total amount of insurance prov ided by this endorsement , or $50,000 whichev er is the lesser. We also reserv e the right not to continue the insurance of the newly acquired property bey ond the 30 day period. Should the f ine arts be cov ered in transit, it is then a condition that they must be packed and unpacked by competent packers.
Newly Acquired Articles. If you acquire any additional articles of the type for which an Amount of Insurance is shown, we will automatically insure these under this form provided you notify us within 30 days. We will not pay more than $5,000 under this extension. Valued Property – We will pay up to the amount shown for each item. Where a “V” appears beside an item, that article is valued at and insured for the amount shown. Otherwise, scheduled articles are insured for their replacement cost. Any loss or damage shall not reduce the amounts of insurance provided by this form. If, following payment of a claim, you acquire any articles to replace those which were lost or damaged, you must tell us within 30 days.
AutoNDA by SimpleDocs
Newly Acquired Articles. If you acquire any additional fine arts, we will automatically insure these provided you tell us within 30 days of acquisition. We will not pay more than 25% of the total amount of insurance provided by this form. Packing and Unpacking – The Fine Arts must be packed and unpacked by a competent packer(s). Valued Property – We will pay up to the amount shown for each fine arts item. Each such item is valued at and insured for the amount shown. Any loss or damage shall not reduce the amounts of insurance provided by this form. If, following payment of a claim, you acquire any articles to replace those which were lost or damaged, you must tell us within 30 days. No deductible applies to this coverage. We insure your boat, motor(s), miscellaneous unattached equipment and trailer as defined below and as listed in the Declarations against all risks of direct physical loss or damage subject to the terms and conditions of this form. Definitions
Newly Acquired Articles. If you acquire any additional articles of the type for which an Amount of Insurance is shown, we will automatically insure these under this form provided you notify us within 30 days. We will not pay more than $5,000 under this extension. Valued Property – We will pay up to the amount shown for each item. Where a “V” appears beside an item, that article is valued at and insured for the amount shown. Otherwise, scheduled articles are insured for their replacement cost.

Related to Newly Acquired Articles

  • Closing Transactions On the terms and subject to the conditions set forth in this Agreement, the following transactions shall occur in the order set forth in this Section 2.1:

  • Pre-Closing Transactions Prior to the purchase of the Initial Securities on the Closing Date, the Pre-Closing Transactions shall have been duly consummated at the respective times and on the terms contemplated by this Agreement, the General Disclosure Package and the Prospectus and the Representatives shall have received such evidence that the Pre-Closing Transactions have been consummated as the Representatives may reasonably request.

  • Pre-Closing Reorganization Buyer agrees that any or all of the Sellers may, at any time before Closing, implement a reorganization (“Pre-Closing Reorganization”) in the manner described at SCHEDULE T, provided that any new shareholders arising as a result of such reorganization will be bound by the terms of this Agreement, deemed to be “Sellers” for the purpose of this Agreement, obliged to sell their shares in the Relevant Holdco to the Buyer on the terms and conditions contained herein, and required to provide all of the representations, warranties and covenants that are provided by the Sellers herein, shall assume all liabilities and duties of any shareholder or Seller for whom such shareholder is the successor in interest, and provided further that the Pre-Closing Reorganization: (a) will not have the effect of imposing any incremental obligations for Taxes for the Buyer, the Holdcos, the Corporation or the Subsidiaries; and (b) will not have an adverse effect on Holdcos, the Corporation or the Subsidiaries or their respective businesses or Assets or impose any cost, liability or expense on any of them that is not reimbursed by Sellers. No Pre-Closing Reorganization will be considered in determining whether a representation, warranty or covenant of the Sellers hereunder has been breached, other than pursuant to the terms of this Section 5.9 but excluding the consideration of the Competition Act Approval. The Sellers will provide written notice to the Buyer upon completion of any Pre-Closing Reorganization together with an updated SCHEDULE A reflecting any changes to Sellers, Shares and Purchase Price allocation resulting from the Pre-Closing Reorganization (which updated SCHEDULE A will be deemed to be incorporated into and form part of this Agreement), and access to all relevant documentation relating to such Pre-Closing Reorganization.

  • Liquidations, Mergers, Consolidations, Acquisitions Holdings shall not, and shall not permit any of its Material Subsidiaries to, dissolve, liquidate, or wind-up its affairs, or become a party to any amalgamation, merger or consolidation, or acquire by purchase, lease, or otherwise all or substantially all of the assets or capital stock of or other ownership interest in any other Person, provided that (1) any Material Subsidiary may consolidate, amalgamate or merge into Holdings or any other Material Subsidiary provided that the Company may not merge, amalgamate or consolidate with Holdings, and the Company may only merge, amalgamate or consolidate with another Material Subsidiary if the Company is the surviving entity of such merger, amalgamation or consolidation; and (2) Holdings or any Material Subsidiary may acquire, whether by purchase, by amalgamation or by merger, (A) all of the ownership interests of another Person or (B) substantially all of the assets of another Person or of a business or division of another Person (each a “Permitted Acquisition”), provided that each of the following requirements is met: (i) if Holdings or any Material Subsidiary is acquiring the ownership interests in such Person and such Person meets the criteria for a Material Subsidiary set forth in the definition of such term at Section 1.01, such Person shall execute a Guarantor Joinder and join this Agreement as a Guarantor pursuant to Section 10.18 [Joinder of Guarantors] on or before the date of such Permitted Acquisition; (ii) the board of directors or other equivalent governing body of such Person shall have approved such Permitted Acquisition and Holdings or the relevant Material Subsidiary shall have delivered to the Banks written evidence of such approval of the board of directors (or equivalent body) of such Person for such Permitted Acquisition; (iii) the business acquired, or the business conducted by the Person whose ownership interests are being acquired, as applicable, shall be substantially the same as, or otherwise complementary or related to, one or more lines of business conducted by Holdings or any Material Subsidiary, or otherwise incidental to the business of a financial services company, and shall comply with Section 7.02(j) [Continuation of or Change in Business]; (iv) no Potential Default or Event of Default shall exist immediately prior to and after giving effect to such Permitted Acquisition; and (v) upon the reasonable request of Agent, Holdings or the relevant Material Subsidiary shall deliver to the Agent at least five (5) Business Days before such Permitted Acquisition such information about such Person or its assets as Agent may reasonably require.

  • Restructuring Transactions On the Effective Date, the Debtor, Newco, GP, Finance Co and Merger Co shall enter into the Consensual Transaction described in Section 3 of the Implementation Plan attached to the Transaction Support Agreement as Exhibit B. On the later of the Effective Date and the Merger Date, the Debtor and Merger Co will enter into a merger agreement under which the Debtor will merge with Merger Co, and following the merger, the Debtor will be the surviving and successor entity. The actions to implement this Plan and the Implementation Plan may include, in accordance with the consent rights in the Transaction Support Agreement: (a) the execution and delivery of appropriate agreements or other documents of merger, amalgamation, consolidation, restructuring, conversion, disposition, transfer, arrangement, continuance, dissolution, sale, purchase, or liquidation containing terms that are consistent with the terms of the Plan and the Transaction Support Agreement and that satisfy the applicable requirements of applicable law and any other terms to which the applicable Entities may agree; (b) the execution and delivery of appropriate instruments of transfer, assignment, assumption, or delegation of any asset, property, right, liability, debt, or obligation on terms consistent with the terms of the Plan and the Transaction Support Agreement and having other terms for which the applicable parties agree; (c) the filing of appropriate certificates or articles of incorporation, reincorporation, merger, consolidation, conversion, amalgamation, arrangement, continuance, or dissolution pursuant to applicable state or provincial law; (d) the execution and delivery of contracts or agreements, including, without limitation, transition services agreements, employment agreements, or such other agreements as may be deemed reasonably necessary to effectuate the Plan in accordance with the Transaction Support Agreement; and (e) all other actions that the applicable Entities determine to be necessary, including making filings or recordings that may be required by applicable law in connection with the Plan.

  • Merger, Consolidation, Acquisition and Sale of Assets (a) Enter into any merger, consolidation or other reorganization with or into any other Person or acquire all or a substantial portion of the assets or stock of any Person or permit any other Person to consolidate with or merge with it.

  • Mergers, Acquisitions, Etc Merge or consolidate with any other entity or acquire all or a material part of the assets of any person or entity, or form or create any new Subsidiary or affiliate, or commence operations under any other name, organization, or entity, including any joint venture.

  • Adjustments for Consolidation, Merger, Sale of Assets, Reorganization, etc In case the Company (a) consolidates with or merges into any other corporation and is not the continuing or surviving corporation of such consolidation of merger, or (b) permits any other corporation to consolidate with or merge into the Company and the Company is the continuing or surviving corporation but, in connection with such consolidation or merger, the Common Stock is changed into or exchanged for stock or other securities of any other corporation or cash or any other assets, or (c) transfers all or substantially all of its properties and assets to any other corporation, or (d) effects a capital reorganization or reclassification of the capital stock of the Company in such a way that holders of Common Stock shall be entitled to receive stock, securities, cash and/or assets with respect to or in exchange for Common Stock, then, and in each such case, proper provision shall be made so that, upon the basis and upon the terms and in the manner provided in this subsection 7(a)(iii), the Registered Holder, upon the exercise of this Warrant at any time after the consummation of such consolidation, merger, transfer, reorganization or reclassification, shall be entitled to receive (at the aggregate Exercise Price in effect for all shares of Common Stock issuable upon such exercise immediately prior to such consummation as adjusted to the time of such transaction), in lieu of shares of Common Stock issuable upon such exercise prior to such consummation, the stock and other securities, cash and/or assets to which such holder would have been entitled upon such consummation if the Registered Holder had so exercised this Warrant immediately prior thereto (subject to adjustments subsequent to such corporate action as nearly equivalent as possible to the adjustments provided for in this Section).

  • Mergers, Acquisitions, Sales, etc The Borrower will not be a party to any merger or consolidation, or purchase or otherwise acquire all or substantially all of the assets or any stock of any class of, or any partnership or joint venture interest in, any other Person, or, sell, transfer, convey or lease all or any substantial part of its assets, or sell or assign with or without recourse any Loan, Contracts, Related Security or other Collateral or any interest therein (other than pursuant to and in accordance with the Transaction Documents).

  • Consolidation and Merger; Asset Acquisitions The Borrower will not consolidate with or merge into any Person, or permit any other Person to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all the assets of any other Person.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!