Current Insurance definition

Current Insurance has the meaning set forth in Section 6.10(b).
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Current Insurance is defined in Section 5.9(b).
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Current Insurance. Section 5.12(a) "Cutoff Date" Section 8.1 "Delivering Party" Section 5.4(i)
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Examples of Current Insurance in a sentence

  • Current Insurance Service Office (ISO) policies, forms, and endorsements or equivalents, or broader, shall be used where applicable.

  • In the event that Seller shall become aware of any fact, event or circumstance (other than a fire or other casualty loss, which Seller shall address in accordance with Section 7.05(b)) arising after the date of this Agreement and prior to the Closing in respect of which a claim may be made under the Current Insurance Policies, Seller shall (i) file a claim in respect of such event or circumstance and (ii) have such claim paid prior to the Closing.

  • Current Insurance Option 1 as shown in Appendix D, shall be available only to employees enrolled in Option 1 as of the date of ratification of this Agreement.

  • The Surviving Corporation will maintain the New Insurance continuously in effect for such six year period and will not cancel the Current Insurance unless and until the New Insurance has been procured.

  • The following Documents is required and must be attached to this transport agreement: • Completed Transport Carriers Application • Copy Carriers Registration Documents • Copy of Owner / Director ID • Valid Certificate of Current Insurance {Letter of Good standing Insurance} • Valid Certificate of Current Tracking Company {Letter of Good standing Tracking} • SARS {Letter of Good Standing SARS} SIGNED and DATED at ……………………………………………………on this……………day of …………………20…...

  • Purchaser further hereby acknowledges and agrees that no historic insurance coverage provided by or to any Seller, including the Current Insurance Policies, shall be available to Purchaser at any time, whether before or after Closing.

  • For purposes of this Agreement, “Termination of Employment” shall mean termination or cessation of the Participant’s employment with the Company and its Subsidiaries for any reason (or no reason), whether the termination of employment is instituted by the Participant or the Company or a Subsidiary, and whether the termination of employment is with or without cause.

  • Current Insurance Service Office (ISO) or National Council on Compensation Insurance (NCCI) policies, forms, and endorsements or broader shall be used where applicable.

  • As between Seller Insured Entity and a Company, Seller Insured Entity shall be responsible and liable for all claims associated with occurrences prior to the Closing of a category or type subject to coverage under the Current Insurance but only to the extent, it (or a third party on its behalf) actually receives insurance proceeds or protection relating thereto (a "Covered Claim").

  • Insurance Proceeds with respect to claims, costs and expenses under the Current Insurance Arrangements which relate to the New FSV Interests shall be paid by Colliers to New FSV.


More Definitions of Current Insurance

Current Insurance means the current policies of insurance maintained by the Company as of the date of this Agreement. “Disclosure Schedule” means the disclosure schedule dated as of the date hereof, accompanying this Agreement and containing the Schedules referred to in this Agreement. “Dispute” has the meaning set forth in Section 2.4(b). “DOL” means the U.S. Department of Labor. “Draft Allocation Statement” shall have the meaning set forth in Section 2.6. “EBITDA” means the earnings of the Company before interest, taxes, depreciation and amortization, including, for the avoidance of doubt an allocation of external general corporate overhead of Purchaser and its Affiliates for the benefit of the Company, as determined in good faith by Purchaser, (a) excluding (i) any non-recurring items of income or expense, including, but not limited to, revenue earned from or attributable to the portion of any AUM in a Company Account that as of any date of determination has been redeemed or withdrawn, or where notice has been provided that such AUM will be redeemed or withdrawn, (ii) extraordinary gains or losses, and (iii) any Transaction expenses of the Company, Seller or Purchaser related to the Transaction, calculated in accordance with the illustrative example set forth on Exhibit D, which for the avoidance of doubt does not include payment of the Contingent Consideration Installment Amounts but (b) including that amount of intercompany charges that are mutually agreed by Purchaser and Seller following the Closing (it being understood that promptly following the six- month anniversary of the date hereof, Purchaser and Seller will confer and agree in good faith regarding the nature of benefits and services, if any, provided by Purchaser to the Company and the appropriate intercompany charges (which shall not exceed actual cost) to be paid by the Company for such benefits and/or services, which charges shall apply for the entire period following the Closing). “Employee Plan” means any plan, program, policy, practice, agreement, or arrangement, whether covering a single individual or group of individuals, and whether or not reduced to writing, that is: (a) a Welfare Plan; (b) an employee pension benefit plan within the meaning of Section 3(2) of ERISA; (c) a stock bonus, stock purchase, stock option, restricted stock,
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