Common use of Non-Waiver of Rights to Coverage Clause in Contracts

Non-Waiver of Rights to Coverage. An insurance carrier that otherwise -------------------------------- would be obligated to pay any claim shall not be relieved of the responsibility with respect thereto, or, solely by virtue of the provisions of this Article XI, ---------- have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurance carrier or any third-party shall be entitled to a windfall (i.e., a benefit they would not be entitled to receive had the Closing ---- not occurred or in the absence of the provisions of this Article XI) by virtue ---------- of the provisions hereof.

Appears in 1 contract

Samples: Option Agreement (Edwards Lifesciences Corp)

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Non-Waiver of Rights to Coverage. An insurance carrier that -------------------------------- otherwise -------------------------------- would be obligated to pay any claim shall not be relieved of the responsibility with respect thereto, or, solely by virtue of the provisions of this Article XIXIII, ---------- have any subrogation rights with respect thereto, it being ------------ expressly understood and agreed that no insurance carrier or any third-party shall be entitled to a windfall (i.e., a benefit they would not be entitled to ---- receive had the Closing ---- not no Distribution occurred or in the absence of the provisions of this Article XIXIII) by virtue ---------- of the provisions hereof.. ------------

Appears in 1 contract

Samples: Reorganization Agreement (Edwards Lifesciences Corp)

Non-Waiver of Rights to Coverage. An insurance carrier that -------------------------------- otherwise -------------------------------- would be obligated to pay any claim shall not be relieved of the responsibility with respect thereto, or, solely by virtue of the provisions of this Article XIXIII, ---------- have any subrogation rights with respect thereto, it being ------------ expressly understood and agreed that no insurance carrier or any third-party shall be entitled to a windfall (i.e., a benefit they would not be entitled to ---- receive had the Closing ---- not no Distribution occurred or in the absence of the provisions of this Article XI) by virtue ---------- of the provisions hereof.this

Appears in 1 contract

Samples: Reorganization Agreement (Baxter International Inc)

Non-Waiver of Rights to Coverage. An insurance carrier that would otherwise -------------------------------- would be obligated to pay any claim shall not be relieved of the responsibility with respect thereto, or, solely by virtue of the provisions of this Article XIARTICLE VIII, ---------- have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurance carrier or any third-third party shall be entitled to a windfall (i.e.I.E., a benefit they would not be entitled to receive had the Closing ---- not no Distribution occurred or in the absence of the provisions of this Article XIARTICLE VIII) by virtue ---------- of the provisions hereof.

Appears in 1 contract

Samples: Distribution Agreement (Combined Specialty Corp)

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Non-Waiver of Rights to Coverage. An insurance carrier that otherwise -------------------------------- would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto, or, solely by virtue of the provisions of this Article XIX, ---------- have any subrogation rights with respect thereto, it being --------- expressly understood and agreed that no insurance carrier or any third-third party shall be entitled to a windfall (i.e., a benefit they would not be entitled to ---- receive had the Closing ---- not no Distribution occurred or in the absence of the provisions of this Article XIX) by --------- virtue ---------- of the provisions hereof.

Appears in 1 contract

Samples: Reorganization Agreement (Technology Solutions Company)

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