Tail Insurance Coverage. The Orthodontic Entity will cause each individual Orthodontist providing services at the Center to enter into an agreement with the Orthodontic Entity that upon termination of such Orthodontic Entity's relationship with the Orthodontist, for any reason, tail insurance coverage for a period of three (3) years will be purchased by each Orthodontist. Such provisions may be contained in employment agreements, restrictive covenant agreements or other agreements entered into by the Orthodontic Entity and the individual Orthodontists, and the Orthodontic Entity hereby covenants with Premier to enforce such provisions relating to the tail insurance coverage or to provide such coverage at the expense of the Orthodontic Entity.
Tail Insurance Coverage. The New PC will cause Xx. Xxxxxxx and each Orthodontist (if any) providing services to enter into an agreement with the New PC that upon termination of Xx. Xxxxxxx'x or such Orthodontist's relationship with the New PC, for any reason, tail insurance coverage will be purchased by Xx. Xxxxxxx or such Orthodontist. Such provisions may be contained in an employment agreement, restrictive covenant agreement or other agreement entered into by the New PC and Xx. Xxxxxxx or the Orthodontist, and the New PC hereby covenants with the MSO to enforce such provisions relating to the tail insurance coverage or to provide such coverage at the expense of the New PC or Xx. Xxxxxxx or each such Orthodontist.
Tail Insurance Coverage. Purchaser shall have provided Target written documentation evidencing the effectiveness of the insurance coverage described in Section 7.13 hereof.
Tail Insurance Coverage. Tail insurance coverage shall be ----------------------- purchased in the following manner:
Tail Insurance Coverage. KDCP will cause each individual physician associated with the Clinic to enter into an agreement with KDCP that upon termination of such physician's relationship with KDCP, for any reason, tail insurance coverage will be purchased by the individual physician. Such provisions shall be contained in employment agreements, restrictive covenant agreements or other agreements entered into by KDCP and the individual physicians, and KDCP hereby covenants with ProMedCo-Temple to enforce such provisions relating to the tail insurance coverage or to provide such coverage at the expense of KDCP.
Tail Insurance Coverage. Practice will cause each individual physician who associates with Practice after the date hereof to enter into an agreement with Practice that upon termination of such physician’s relationship with Practice, for any reason, tail insurance coverage will be purchased by the individual physician. Such provisions may be contained in employment agreements, restrictive covenant agreements or other agreements entered into by Practice and the individual physicians, and Practice hereby covenants with WellQuest to enforce such provisions relating to the tail insurance coverage or to provide such coverage at the expense of Practice. The cost of tail insurance coverage for physicians who are currently associated with Practice shall be a Practice Operating Expense; provided, that the cost of tail insurance coverage for any physician who is an employee of Practice and is serving as a Medical Director under a written contract with WellQuest at the time of termination of this Agreement shall be shared equally by WellQuest and the physician if such termination was pursuant to Section 8.3(c) of this Agreement.
Tail Insurance Coverage. Practice will cause each individual physician who becomes associated with Practice after the date hereof to enter into an agreement with Practice that upon termination of such physician's relationship with Practice, for any reason, and in the event tail insurance is not provided for such physician under Practice's insurance policies, tail insurance coverage will be purchased by the individual physician; provided however, in the event that such physician's relationship with Practice is terminated due to death or disability or due to an uncured event of default by Practice under its agreement for the services of such physician, then Practice, rather than such physician, shall pay the costs of such tail insurance. Such provisions may be contained in employment agreements, restrictive covenant agreements or other agreements entered into by Practice and the individual physicians, and Practice hereby covenants with Manager to enforce such provisions relating to the tail insurance coverage or to provide such coverage at the expense of Practice. The Policy Board may determine to provide coverage for such a physician as a Manager Expense on a physician by physician basis. The Policy Board may also decide to require other categories of physicians currently employed by Practice to provide tail coverage upon termination of employment with Practice.
Tail Insurance Coverage. The Company may purchase tail insurance coverage (the “Tail Insurance Coverage”) for the directors and officers of the Company in a form reasonably acceptable to the Company, the Sellers and Buyer, which shall provide such directors and officers with coverage for six (6) years following the Closing Date in an amount not less than the existing coverage and that shall have other terms not materially less favorable to the insured persons than the directors’ and officers’ liability insurance coverage presently maintained by the Company, provided that the cost of such Tail Insurance Coverage is included as a Seller Expense. Buyer shall cause the Company (or its successor) to maintain the Tail Insurance Coverage in full force and effect during its period of coverage and continue to honor the obligations thereunder.
Tail Insurance Coverage. 29 SECTION 10.4
Tail Insurance Coverage. Bancorp and Western shall have obtained the Tail-Insurance Coverage, as provided in Section 6.19, ------------------------ on terms reasonably satisfactory to CBB.
