Particulars of Insurances. Copies of all documentation relating to the insurance policies of the Group Companies in the possession of the Seller and material to the business of the Group are contained in the Data Room.
Particulars of Insurances. All the assets of the Company which are capable of being insured have at all material times been and are insured to the full replacement value thereof against fire, accident, physical loss or damage and other risks normally insured against by companies carrying on similar businesses or owning assets of a similar nature.
Particulars of Insurances. Summary particulars and/or copies of the Target Group Insurance Policies material to the business of the Group are disclosed in the Data Room.
Particulars of Insurances. Summary particulars of the insurances of the Group Companies or the Seller material to the business of the Group Companies are contained in the Disclosure Letter.
Particulars of Insurances. All of the Business Assets of the Seller which are capable of being insured have at all material times been and are insured to the full replacement value thereof against any risks normally insured against by companies carrying on similar businesses or owning assets of a similar nature.
Particulars of Insurances. Summary particulars of the Target Group Insurance Policies and the Seller’s Group Insurance Policies material to the business of the Group or the CFB Business are disclosed in folder 3.2.9.4.4 in the Data Room and such summary particulars are true and accurate. Except for the Seller’s Group Insurance Policies, the Target Group Insurance Policies are in full force and effect and shall not be terminated on Closing. All of the Target Group Insurance Policies (a) are valid and binding in accordance with their terms; (b) are provided by carriers who are financially solvent; and (c) have not been subject to any lapse in coverage.
Particulars of Insurances. The insurances of the Group Companies material to the business of the Group are listed in the Disclosure Letter.
Particulars of Insurances. Summary particulars (including policy holder details) of all insurance policies of, or relating or otherwise providing cover to, the Group Companies are contained in the Data Room.
Particulars of Insurances. 10.1.1 Summary particulars of the material insurance policies in respect of which the Business Transferors or Group Companies have an interest and which relate to, respectively, the Businesses or the Group Companies are contained in the Data Room.
10.1.2 So far as the Transferors are aware, details of all open and closed claims in respect of the Group for the last three years for all classes of insurance are contained in the Data Room.
Particulars of Insurances. 12.1.1 All of the material assets which comprise the business carried on by the Group which are capable of being insured have at all material times been and are insured against fire and other risks normally insured against by companies carrying on similar businesses or owning assets of a similar nature for amounts and with deductibles and excesses reasonably regarded as adequate taking into account the size and operations of the Group and the jurisdiction in which the operations of the Group are carried on.
12.1.2 Details of all insurance policies in respect of which the Group has an interest (including any active historic policies which provide cover on an occurrence basis) are Fairly Disclosed in the Data Room or the Disclosure Letter and such details are true and accurate in all material respects, and not misleading.
12.1.3 Details of all claims made and losses and accidents covered (in each case in excess of US$250,000) under any insurance policy by or on behalf of the Group in the preceding three years have been Fairly Disclosed in the Data Room or the Disclosure Letter and such details are true and accurate in all material respects, and not misleading.
12.1.4 The Group has no outstanding insurance claims and, so far as the Seller is aware, there are no facts, events, matters or circumstances which are likely to give rise to any material claim or require notification under any of the insurance policies in respect of which the Group has an interest and all such claims have been notified to the relevant insurers.
