Available Insurance Policies definition

Available Insurance Policies shall have the meaning set forth in Section 5.28(a)(i).

Available Insurance Policies means the Insurance Policies listed on Schedule 2.08.

Available Insurance Policies means all liability insurance policies (excluding Plans and any captive or self-insurance program) issued by unaffiliated third parties that are in effect immediately prior to the Closing and are owned or held by or issued in favor of any Seller Entity or any Purchased Company that cover the Business or the Transferred Assets.

Examples of Available Insurance Policies in a sentence

• As of the Agreement Date, no insurance carrier has informed Company or Company Subsidiary in writing of its intention to cancel any such Available Insurance Policies.

• Following the Closing, if permitted, Seller hereby authorizes Purchaser and its Subsidiaries to notify, make and pursue applicable claims as contemplated by this Section 5.9(a) under the Available Insurance Policies, subject to the payment and reimbursement provisions set forth in the prior sentence.

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• If Seller or any of its Subsidiaries receives insurance proceeds in connection with any Available Insurance Policies to the extent relating to the Business or any Purchased Asset or Assumed Liability, Seller shall cause such proceeds to be promptly delivered to the Person designated by Purchaser.

• Since January 1, 2012, all notices of claims required to have been given by Company or Company Subsidiary to any insurance carrier with respect to the Available Insurance Policies have been timely and duly given, and no insurance carrier has asserted in writing that any claim is not covered by the applicable policy relating to such claim.

More Definitions of Available Insurance Policies

Available Insurance Policies has the meaning set forth in Section 6.18.3.

Available Insurance Policies means the insurance policies listed on Schedule 1.01(b) under the caption “Parent Available InsurancePolicies.”

Available Insurance Policies means the insurance policies listed on Section 1.01(b) of the Disclosure Letter under the caption “Parent Available Insurance Policies.”

Available Insurance Policies has the meaning set forth in Section 7.03(a).

Available Insurance Policies means Insurance Policies existing as of the applicable Closing Date and issued by a third-party that by their terms cover acts and omissions of the applicable Company occurring prior to the applicable Closing and permit the applicable claims as contemplated by this Section 5.16. Seller shall reasonably cooperate with Buyer and the Company Entities in making and pursuing claims under the Available Insurance Policies. Seller shall take no action to remove or otherwise limit the ability of the Company Entities to make claims under the Available Insurance Policies; provided, that the Parties shall cooperate with each other with respect to coverage claims and requests for benefits and sharing such information as is reasonably necessary in order to permit each Party and its subsidiaries to manage and conduct its insurance matters as such Party deems appropriate. Buyer will be responsible for acquiring and placing its casualty insurance, business interruption insurance, liability insurance and other insurance policies for periods from and after the applicable Closing and, if required, shall post any collateral required by an insurer in respect of any insurance policies held by the Company Entities in respect of the Property, its operations or its employees immediately prior to the applicable Closing. Nothing in this Section 5.16 shall limit, modify or in any way affect the rights and obligations of the Parties under Article VIII.

Available Insurance Policies means all policies or programs set forth on Schedule 1.1(b).

Available Insurance Policies means the material insurance programs (excluding Employee Benefit Plans) and material fidelity bonds owned or held by or issued in favor of Seller or its Affiliates which cover the Business, the Acquired Assets or Transferred Subsidiary with respect to periods prior to the Closing.