Policy of Insurance. The parties hereto shall take any action which may be necessary to cause the Policy to conform to the provisions of this Agreement. The parties hereto agree that the Policy shall be subject to the terms and conditions of this Agreement and of any collateral assignment filed with the Insurer relating to the Policy. The terms of this Agreement shall be applicable to any policy of insurance received in exchange for an interest in the Policy listed on Exhibit "A" attached hereto, provided all sums available to the Owner under an old policy are applied to the new policy received in such exchange. Owner shall notify the Corporation of any such exchange and the terms Policy hereunder shall thereafter include such new policy.
Policy of Insurance. This is a contract of insurance and in consideration of the payment of the premium the Insurer, subject to the terms, conditions and exclusions, will provide insurance cover as described in this Policy.
Policy of Insurance. The life insurance policy subject to this Agreement is Policy Number 4293927 (hereinafter referred to as "the Policy") issued by Provident Mutual Life Insurance Company (hereinafter called the "Insurer") on the life of the Employee in the face amount of $300,000.
Policy of Insurance. TW shall provide, at its sole cost and expense, a policy of insurance covering the wine stored by FV under this Agreement against destruction by fire, theft, vandalism, act of God, or other cause, for the period of time during which such wine remains in storage at the Winery.
Policy of Insurance. The Trust has previously acquired the Policy as issued by Northwestern Mutual Life Insurance Company on the lives of the Employee and the Employee's wife. The Trust is the sole owner of the policy.
Policy of Insurance. Any document held in whatsoever form which is or is to form the basis of either a contract for insurance or contract of insurance. A Policy of Insurance may incorporate details of administrative arrangements pertinent to the processing of the contract for or of insurance.
Policy of Insurance. The Developer shall lodge with the Municipality on or prior to the execution of the Agreement, an insurance certificate (which policy is valid in Ontario) with an Insurance Company satisfactory to the Municipality, (which said approval shall not be unreasonably withheld or delayed), and insuring for the joint benefit of the Developer and the Municipality, against any liability that may arise out of the construction or installation of any work to be performed pursuant to this Agreement and for a period of one (1) year after completion and acceptance of the Municipal Services to be constructed herein.
Policy of Insurance. Upon request by Lessor, Lessee will deliver to Lessor a true and complete copy of all policies of insurance carried by Lessee in accordance with the requirements of this Article 10; provided that any such request shall not be made any more frequently than once per year so long as no Event of Default is continuing.
Policy of Insurance. 7.5.4.1 A copy of an insurance policy shall be submitted to PDI before shipment which is in compliance with these requirements.
Policy of Insurance. Seller has agreed to pay the premium of $128,666.000 and surplus lines tax of $5,146.64, for a total of $133,813.00 to purchase the policy of insurance attached hereto as Exhibit 7.3 ("the Insurance Policy") which provides coverage for certain environmental liabilities, as described therein. Buyer is the Named Insured under the Insurance Policy. Seller and Parent shall be Additional Insureds under the Insurance Policy. The policy limits of the Insurance Policy shall be shared among the Named and Additional Insureds. The Insurance Policy shall not be modified or canceled at any time during the policy period except upon mutual agreement of Buyer and Seller. Seller further agrees that it will reimburse Buyer for amounts actually paid by Buyer toward the deductible amount under the Insurance Policy in connection with up to three (3) single incidents for which claims are made by Buyer under the Insurance Policy.
