Common use of No Cancellation Clause in Contracts

No Cancellation. As of the date of this Agreement, except as would not have a Company Material Adverse Effect, since January 1, 2013, neither the Company nor any of its Subsidiaries have received any written notice regarding any cancellation or invalidation of any such insurance policy other than in connection with ordinary renewals. All premiums due with respect to such insurance policies have been paid in accordance with the terms thereof.

Appears in 2 contracts

Samples: Merger Agreement (Linkedin Corp), Merger Agreement

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No Cancellation. As of the date of this Agreement, except as would not have a Company Material Adverse Effect, since January 1, 20132019, neither the Company nor any of its Subsidiaries have received any written notice regarding any cancellation or invalidation of any such material insurance policy other than in connection with ordinary renewals. All premiums due with respect to such material insurance policies have been paid in accordance with the terms thereof.

Appears in 2 contracts

Samples: Merger Agreement (Activision Blizzard, Inc.), Agreement and Plan of Merger

No Cancellation. As of the date of this Agreement, except as would not have a Company Material Adverse Effect, since January 1, 20132021, neither the Company nor any of its Subsidiaries have received any written notice regarding any cancellation cancellation, invalidation or invalidation material modification of any such insurance policy other than in connection with ordinary renewals. All premiums due with respect to such , and there is no existing material default, by any insured thereunder and there is no material claim pending under any of the Company’s insurance policies have as to which coverage has been paid in accordance with questioned, denied or disputed by the terms thereofunderwriters of such policies.

Appears in 1 contract

Samples: Merger Agreement (Sierra Oncology, Inc.)

No Cancellation. As of the date of this Agreement, except as would not have a Company Material Adverse Effect, since January October 1, 20132018, neither the Company nor any of its Subsidiaries have received any written notice regarding any cancellation or invalidation of any such insurance policy other than in connection with ordinary renewals. All premiums due with respect to such insurance policies have been paid in accordance with the terms thereof.

Appears in 1 contract

Samples: Merger Agreement (Nuance Communications, Inc.)

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No Cancellation. As of the date of this Agreement, except as would not have a Company Material Adverse Effect, since January 1, 20132014, neither the Company nor any of its Subsidiaries have received any written notice regarding any cancellation or invalidation of of, or premium increase with respect to, any such insurance policy other than in connection with ordinary renewals. All premiums due with respect to such insurance policies have been paid in accordance with the terms thereof.

Appears in 1 contract

Samples: Merger Agreement (Lifelock, Inc.)

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