Examples of Company D&O Tail Policy in a sentence
The entire cost of the Company D&O Tail Policy, including any and all premiums, expenses, fees and other costs, will be treated as a Transaction Expense hereunder.
The cost of the Company D&O Tail Policy will be treated as a Company Merger Expense hereunder.
On or before the Determination Date, the Company shall provide Buyer with a list of all fees and expenses incurred by the Company in connection with this Agreement and the Contemplated Transactions, including any amounts owed by the Company for change of control bonuses, severance obligations and the Company D&O Tail Policy premium (the “ Company Transaction Expenses”) as of the Determination Date and a good faith estimate of all Company Transaction Expenses as of immediately prior to the Closing.
The cost of any Company D&O Tail Policy shall be considered a Third Party Expense for purposes of this Agreement.
The First Step Surviving Corporation (following the First Effective Time), the Surviving Entity (following the Second Effective Time) and Acquiror shall not cancel (or permit to be cancelled) the Company D&O Tail Policy during its term.
If the Merger is consummated, then Parent will not cancel the Company D&O Tail Policy during its term.
The cost of the Company D&O Tail Policy will be treated as a Transaction Expense hereunder.
At or prior to the Closing, the Company shall provide a copy of the Company D&O Tail Policy to Parent, along with written confirmation from the insurance provider that the Company D&O Tail Policy will be bound at Closing.
If the Transaction is consummated, neither the Company nor Buyer will cancel or terminate the Company D&O Tail Policy during its term.
If the Merger is consummated, then the Buyer shall maintain the Company D&O Tail Policy in full force and effect, and continue to honor the obligations thereunder, provided the obligations contained in this sentence shall not require the Buyer to incur any expenses in connection therewith.