Common use of Risk of Loss on Transferred Assets; Gains on Transferred Assets Clause in Contracts

Risk of Loss on Transferred Assets; Gains on Transferred Assets. Insurer acknowledges and agrees that, if the Closing Date Transfers occur, then, from and after the Commitment Agreement Date, Insurer bears any and all risks associated with each Transferred Asset.

Appears in 2 contracts

Samples: Commitment Agreement (Sysco Corp), Commitment Agreement (Arconic Corp)

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Risk of Loss on Transferred Assets; Gains on Transferred Assets. Insurer acknowledges and agrees that, if the Closing Premium Due Date Transfers occur, then, from and after the Commitment Agreement Date, Insurer bears any and all risks associated with each Transferred Asset.

Appears in 1 contract

Samples: Commitment Agreement (Weyerhaeuser Co)

Risk of Loss on Transferred Assets; Gains on Transferred Assets. Each Insurer acknowledges and agrees that, if the applicable Closing Date Transfers occur, then, from and after the Commitment Agreement Date, such Insurer bears any and all risks associated with each applicable Transferred Asset.

Appears in 1 contract

Samples: Commitment Agreement (Sonoco Products Co)

Risk of Loss on Transferred Assets; Gains on Transferred Assets. Each Insurer acknowledges and agrees that, if the Closing applicable Premium Due Date Transfers occur, then, from and after the Commitment Agreement Date, such Insurer bears any and all risks associated with each applicable Transferred Asset.

Appears in 1 contract

Samples: Commitment Agreement (Pactiv Evergreen Inc.)

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Risk of Loss on Transferred Assets; Gains on Transferred Assets. Insurer acknowledges Insurers acknowledge and agrees agree that, if the Closing Date Transfers occur, then, from and after the Commitment Agreement Date, Insurer bears Insurers bear any and all risks associated with each Transferred Asset.

Appears in 1 contract

Samples: Commitment Agreement (United States Steel Corp)

Risk of Loss on Transferred Assets; Gains on Transferred Assets. The Insurer acknowledges and agrees that, if the Closing Premium Due Date Transfers occur, then, from and after [*], the Commitment Agreement Date, Insurer bears any and all risks associated with each Transferred Asset.

Appears in 1 contract

Samples: Commitment Agreement (Fedex Corp)

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