D & O Insurance definition

D & O Insurance has the meaning set forth in Section 6.8(b).

D & O Insurance means the directors' and officers' liability insurance of the Company in effect on the date of this Agreement, and any replacement or substitute policies issued by one or more reputable insurers providing in all respects coverage at least comparable to and in the same amount as that provided by the policy in effect on the date of this Agreement.

D & O Insurance means the directors' and officers' liability insurance issued by the insurers, and having the policy numbers, amounts and deductibles set forth in Section 5.1 hereof and any replacement or substitute policy or policies issued by one or more reputable insurers, providing, in the aggregate, at all times and in all respects, coverage at least comparable and in the same amount as that provided under the policies identified in Section 5.1 hereof.

Examples of D & O Insurance in a sentence

• You are hereby informed that as on date, the Company do not provide for D & O Insurance for the Directors.

• You are entitled to the D & O Insurance cover as per the Company’s Directors’ and Officers’ liability insurance.

• The Corporation shall not be required to maintain said policies of D & O Insurance in effect if said insurance is not reasonably available or if, in the reasonable business judgment of the then directors of the Corporation, either (i) the premium cost for such insurance is substantially disproportionate to the amount of coverage or (ii) the coverage provided by such insurance is so limited by exclusions that there is insufficient benefit from such insurance.

• We will assume that the SP was assessed with fo ¼ 1:2.Figure 3(b) illustrates the probability of a loss event to the SP and its customers at optimal incentive factor ðfom; fomm; f (Þ as a func- tion of dependency t.oThese figures imply that, if the insurer underwrites only the SP (Portfolio A, blue line), t does not factor into the policy decision and thus the insurer will not offer any incentive to the SP.

• Public Financial Management (PFM) areas included Budgetary Systems, Budget Execution, Procurement, Human Resources and Payroll, Ordering and Payment of Invoices, Information Technology, and Control Environment.

More Definitions of D & O Insurance

D & O Insurance means directors' and officers' liability insurance with coverage sufficient to ensure performance of the indemnification obligation of the Company hereunder issued by one or more reputable insurers.

D & O Insurance is defined in Section 6.2(f)(iv).

D & O Insurance has the meaning set forth in Section 6.8(b). “DOJ” has the meaning set forth in Section 6.4(b).

D & O Insurance means any valid directors' and officers' liability insurance policy maintained by the Company for the benefit of the Indemnitee, if any.

D & O Insurance. So long as the Corporation or GST provides directors' and officers' liability insurance coverage for the directors and officers of GST and the Corporation generally, the Corporation shall use its best efforts to cause GST to obtain and maintain, at GST's expense, such coverage applicable to Executive. Executive shall not be required to serve in any office of the GST Companies if such coverage is not applicable to his service in such office. 3.7

D & O Insurance. Any directors' or officers' liability insurance or other indemnity placed by or for the benefit of the Appointee by the Appointee, the Parent Company or any entity related to the Parent Company.

D & O Insurance means the directors’ and officers’ liability insurance of the Company in effect on the date of this Agreement, and any replacement or substitute policies issued by one or more reputable insurers providing in all respects coverage at least comparable to and in the same amount as that provided by the policy in effect on the date of this Agreement, in each case except for any changes approved by a majority of the Board of Directors of the Company prior to a Change in Control.