Current D&O Policy definition

Current D&O Policy has the meaning set forth in Section 6.05(c).
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Current D&O Policy has the meaning set forth in Section 4.9(b).
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Examples of Current D&O Policy in a sentence

  • The Corporation hereby covenants and agrees to maintain the Current D&O Policy on terms and subject to conditions at least as favorable to the Directors as the terms and conditions that exist as of the date of this Agreement.

  • The Company agrees that, until at least December 31, 2004, Employee shall continue to be covered by the Company's directors and officers liability insurance policies (the "Current D&O Policy") to the extent he would otherwise be eligible for such coverage under such policies prior to the date hereof.

  • The Fireworks Display is scheduled for dusk August 8th at the Brinkman Field Baseball/Football practice sites located at Broad Street and Southway, Greendale Wisconsin.

  • The D&O Tail purchased by the Company shall provide such directors and officers with coverage for six (6) years from and after the Effective Time with respect to acts or omissions occurring at or prior to the Effective Time and shall contain terms and coverage amounts at least as favorable as the terms and coverage amounts of the Current D&O Policy.

  • The Run-Off Policy will provide continuing liability coverage, equivalent as to limits, deductibles and other features to the Current D&O Policy, for claims made against the Pre-Closing Indemnitees during the six (6) years following the Closing Date for actions taken by or omitted to be taken by them prior to the Closing Date.

  • For a period of six (6) years from the date hereof, the Corporation hereby covenants and agrees to maintain the Current D&O Policy on terms and subject to conditions at least as favorable to the Directors as the terms and conditions that exist as of the date of this Agreement.

  • The run-off policy will provide continuing liability coverage, equivalent as to limits, deductibles and other features to the Current D&O Policy, for claims made against the Pre-Closing Indemnitees during the six (6) years following the Closing Date for actions taken by or omitted to be taken by them prior to the Closing Date.

  • The Company hereby covenants and agrees to maintain the Current D&O Policy on terms and subject to conditions at least as favorable to the Indemnitees as the terms and conditions that exist as of the date of this Agreement.

  • With respect to the scope and amount of coverage, the Tail Policy shall be not less favorable to such directors and officers than the Current D&O Policy; provided, however, that the aggregate cost of the Tail Policy shall not exceed 250% of the last annual premium paid for the Current D&O Policy prior to the date of this Agreement (the “Current Premium”) multiplied by six (the “Maximum Premium”).

  • The Company agrees to provide Indemnitee with a copy of the Current D&O Policy, and to notify Indemnitee, or to cause the insurance company to notify Indemnitee, of cancellation of or changes to the Current D&O Policy.

Related to Current D&O Policy

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • R&W Policy means that certain representations and warranties insurance policy issued by the R&W Insurer to the Buyer.

  • D&O Tail Policy has the meaning set forth in Section 5.8(c).

  • D&O Policies has the meaning set forth in Section 8.06.

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Tail Policy has the meaning set forth in Section 6.18(b).

  • Policy means Related Party Transaction Policy.

  • Board Policy means any and all policies adopted by the School Board and in effect at the time the RFP is published and as they may be amended from time to time (“Board Policy”). All Board Policies are incorporated by reference into this Solicitation and into all Proposals submitted by a Proposer.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Reimbursement insurance policy means a policy of insurance

  • long-term insurance business means long-term insurance business as defined in the Insurance Act, 1943 (Act 27 of 1943), and includes any business which is for the purposes of the said Act dealt with by the Registrar of Insurance as long-term insurance business and any business which in the opinion of the Minister is medical aid insurance business conducted on a non-cancellable basis;

  • CSR Policy means a statement containing the approach and direction given by the board of a company, taking into account the recommendations of its CSR Committee, and includes guiding principles for selection, implementation and monitoring of activities as well as formulation of the annual action plan;

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Blanket insurance policy means a group policy covering a defined class of

  • Master Policy means this document, any supplementary contracts or endorsements therein, whenever executed, any amendments thereto agreed to and signed by Us, the application form provided by You, the Schemes Rules and the individual enrollment forms, if any, of the insured Members, which together constitute the entire contract between the parties.

  • Business Travel Policy means our business travel policy. A copy of our current Business Travel Policy is attached as Schedule 1 to Exhibit B.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Support Policy shall have the meaning given to it in the Support Terms (defined below).

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • Investment Policy means the investment policy from time to time determined by the Commission under the Rules;

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.