Operations Insurance Sample Clauses

Operations Insurance. As soon as available, but not later than the Commercial Operations Date, copies of all insurance policies and certificates of insurance related to operations obtained pursuant to Section 14.1(c).
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Operations Insurance. Section 3.1(v) of the Disclosure Memorandum contains a true and complete list and description of all liability, property, workers compensation, directors and officers liability, and other similar insurance policies or agreements that insure the business, operations, or affairs of the Company and its Subsidiaries or affect or relate to the ownership, use, or operations of any of the assets or properties of the Company and its Subsidiaries. Excluding insurance policies that have expired and been replaced in the ordinary course of business, no insurance policy has been canceled within the last year except as disclosed in Section 3.1(v) of the Disclosure Memorandum, and, to the knowledge of the Company or its Subsidiaries, no threat has been made to cancel any insurance policy of any of the Company or its Subsidiaries during such period. Except as disclosed in Section 3.1(v) of the Disclosure Memorandum, all such insurance will remain in full force and effect with respect to periods before the Closing without the payment of additional premiums. No event has occurred, including, without limitation, the failure by any of the Company or its Subsidiaries to give any notice or information or any of the Company or its Subsidiaries giving any inaccurate or erroneous notice or information, which limits or impairs the rights of such Company or Subsidiary under any such insurance policies.
Operations Insurance. 41 Section 4.20 Taxes and Tax Returns............................................. 42 Section 4.21
Operations Insurance. Schedule 3.20 contains a true and complete list and description of all liability, property, workers compensation, directors and officers liability, and other similar insurance contracts that insure the Assets and Properties and the Business of the Company, or affect or relate to the ownership, use, or operations of any of the Assets and Properties of the Company and that have been issued to the Company (or any of its Affiliates for the benefit of the Company) (including without limitation, the names and addresses of the insurers, the expiration dates thereof, and the annual premiums and payment terms thereof) or that are held by the Company (or by any Affiliate of the Company for the benefit of the Company).
Operations Insurance. The Disclosure Schedule contains a description of all property and casualty, liability, directors' and officers' liability, key man life, group health, group disability, group life and other insurance policies owned by the Consumers Companies. All such policies are in full force and effect in accordance with their terms, no notice of cancellation has been received, and there is no existing default or event which, with the giving of notice or lapse of time or both, would constitute a default thereunder. Such policies are in amounts which are adequate in relation to the business and assets of the Consumers Companies and all premiums to date have been paid in full. The Consumers Companies have not been refused any insurance, nor has their coverage been limited, by any insurance carrier to which they have applied for insurance or with which they have carried insurance during the past five years. The Disclosure Schedule also sets forth a summary of all past product liability insurance coverage (primary and excess), including coverage relating to lines of business or subsidiaries which have been discontinued or dissolved, which summary shall include the name of insurer, the policy number, whether the policy was on a claims-made or occurrence basis and the policy limits for each policy. The Disclosure Schedule also contains a true and complete description of all outstanding bonds and surety arrangements issued or entered into in connection with the business, assets and liabilities of the Consumers Companies.
Operations Insurance. Schedule 3.25 sets forth a true and complete list and description of all casualty, liability, property and other similar insurance contracts that insure the business, operations, or affairs of the Company or affect or relate to the ownership, use, or operations of any of the Company's assets and (a) that have been issued to the Company (including without limitation the names and addresses of the insurers and the expiration dates thereof, and coverage thereof) or
Operations Insurance. Schedule 4(oo) sets forth a list of each operations insurance policy to which Borrower or ALSC is a party, a named insured or otherwise the beneficiary of coverage. All such Insurance Policies are in full force and effect and all premiums payable under such policies either have been timely paid or adequate provisions for the payment thereof has been made. No written notice of cancellation or termination has been received by Borrower or ALSC with respect to any such Insurance Policies. No basis exists for early termination of any such Insurance Policies on the part of the insurer other than the Borrower’s existing director and officer liability insurance policy as a result of the Initial Closing, no facts or circumstances exist which would relieve the insurer under any such Insurance Policies of its obligation to satisfy in full (net of deductibles) any valid claim of Borrower or ALSC thereunder, as applicable and no material insurance claim under any such Insurance Policies is being disputed or was, since January 1, 2014, denied, by the insurer. Neither Borrower nor ALSC is in default with respect to its obligations under any of such Insurance Policies.
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Operations Insurance. Schedule 4.24 contains a true and complete list and description of all liability, property, workers compensation, directors and officers liability, and other similar insurance contracts that insure the business, operations, or affairs of any Indianapolis Life Company or affect or relate to the ownership, use, or operations of any of their respective Assets and (a) that have been issued to such Indianapolis Life Company (including without limitation the names and addresses of the insurers, the expiration dates thereof, and the annual premiums and payment terms thereof) or (b) that are held by any Affiliate of any Indianapolis Life Company (including any stockholder of any Indianapolis Life Company) for the benefit of any Indianapolis Life Company following the Closing Dates. All such insurance is in full force and effect and (to the knowledge of the Indianapolis Life Companies) is with financially sound and reputable insurers and, in light of the business, operations, and affairs of the Indianapolis Life Companies, is in amounts and provides coverage that are reasonable and customary for Persons in similar businesses.
Operations Insurance. Section 3.1(t) of the SellersDisclosure Letter sets forth a complete and correct list of the policies of insurance maintained by Sellers or one or more Affiliates of Sellers for the benefit of the Acquired Companies and the Acquired Company Subsidiaries (“Operations Insurance Policies”). As of the date hereof, none of the Sellers nor any of their Affiliates has received any written notice of termination or cancellation of such policy. All premiums due and payable on such policies prior to the Closing have been or will be (on or prior to the Closing Date) paid up to the Closing. The Sellers and the Acquired Companies and Acquired Company Subsidiaries are not in breach or default (including with respect to the payment of premiums or the giving of monies) under any such policies, which default would entitle the insurer under such policies to cancel or terminate the policy or rescind coverage under the policy.
Operations Insurance. Section 3.23 of the Company Disclosure Letter contains a true and complete list and description of all liability, property, workers compensation and other similar insurance policies or agreements that insure the business, operations, or affairs of the Company and each of its Subsidiaries. Excluding insurance policies that have expired and been replaced by the Company or any of its Subsidiaries in the ordinary course of business, no insurance policy has been canceled within the last three years, and, to the knowledge of the Company, no written threat has been made to cancel any such insurance policy of the Company or any of its Subsidiaries during such period. All such insurance policies will remain in full force and effect with respect to periods before and through the Closing Date.
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