Director and officer liability definition

Director and officer liability insurance: . Chubb of Canada; . Policy no: 81528220; . Amount of coverage: $ 3,000,000; . Deductible: $ 10,000; . Property: . CGV Compagnie d'assurance; . Policy no : CC83003228; . Amount of coverage: $ 16,050,000; . Deductible: $ 5,000; . Cars: . CGV Compagnie d'assurance; . Policy no: 6943001618; . Amount of coverage: $ 1,000,000; . Deductible: $ 500. [*] Confidential portions omitted and filed separately with the Commission. [LETTERHEAD OF XXXXXXX-XXXXXXXX] Ste-Xxx, October 17th, 2001 ANAPHARM INC. 0000, xxxx. Xxxx-Xxxxxxxx Quest Sainte-Xxx, (Quebec) Canada G1V2K8 Attn: Xxxxxxxx Xxxxxx, c.d., v.p. finances Object: Loss historic Insurance portfolio 1996-2001-10-17 -------------------------------------------------------------------------------- Guylaine, As discussed you will find herewith loss historic in regard to your insurance portfolio from 1996-2001; please note that we do insure your corporation since may 31/st/, 1996. Don't hesitate to call me if you need other information. Regards, /s/ Xxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxx Anapharm Inc. Insurance portfolio ------------------- Loss historic May 31/st/, 1996-October 17/th/, 2001 ---------------------------------------------------

Examples of Director and officer liability in a sentence

  • Director and officer liability coverage is set at $1,000,000, total loss.

  • Director and officer liability coverage is set at $1,000,000 per loss with a $1,000 deductible.

  • Director and officer liability for decisions detrimental to creditors made when an enterprise is insolvent should promote responsible corporate behavior while fostering reasonable risk taking.

  • The Corporation will obtain such Director and officer liability insurance policies as the Board may from time to time determine.

  • Principle 7 Director and Officer Liability Director and officer liability for decisions detrimental to creditors made when an enterprise is insolvent should promote responsible corporate behavior while fostering reasonable risk taking.

  • Director and officer liability coverage is set at$1,000,000 per loss with a $5,000 deductible.

  • Director and officer liability coverage is set at$1,000,000, total loss.

  • As permitted by Section 1747 of the BCL (see No. 1 above), the Company has purchased Director and officer liability insurance covering its Directors and officers with respect to liability which they may incur in connection with their serving as such.

  • January 31,2021April 30,2020Marketing, media, and analytics agreements$ 648,500$ -Director and officer liability insurance-4,877 $ 648,500$ 4,877 The Company entered into agreements with three arm’s length companies during the nine month period ended January 31, 2021.

  • Director and officer liability coverage is set at $1 million with a $5,000 deductible.

Related to Director and officer liability

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Indemnification Claim has the meaning set forth in Section 8.4(a).

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

  • Indemnification Provisions means each of the Debtors’ indemnification provisions currently in place whether in the Debtors’ bylaws, certificates of incorporation, other formation documents, board resolutions, or contracts for the current and former directors, officers, managers, employees, attorneys, other professionals, and agents of the Debtors and such current and former directors’, officers’, and managers’ respective Affiliates.

  • Exculpation means the exculpation provision set forth in Article X.D hereof.

  • Indemnifiable Liabilities and "Indemnifiable Amounts" shall have the meanings ascribed to those terms in Section 3(a) below.

  • Indemnification Agreements shall have the meaning set forth in Section 6.01(a).

  • Indemnification means an agreement of indemnity or a release from liability where the intent or effect is to shift or limit in any manner the potential liability of the person or firm for failure to adhere to applicable auditing or professional standards, whether or not resulting in part from knowing of other misrepresentations made by the insurer or its representatives.

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Company Indemnitees shall have the meaning set forth in Section 5.02.

  • Indemnification Event means any event, action, proceeding or claim for which a Person is entitled to indemnification under this Agreement.

  • Company Indemnified Persons has the meaning set forth in Section 5(a).

  • Errors and Omissions Policy As defined in each of the Servicing Agreements.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Other Liabilities means any obligation on account of (a) any Cash Management Services furnished to any of the Loan Parties or any of their Subsidiaries and/or (b) any Bank Product furnished to any of the Loan Parties and/or any of their Subsidiaries.

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.

  • Fund Indemnified Persons means, the Fund and its affiliates and trustees, officers, partners, employees, agents, representatives and control persons, entitled to indemnification by the Holders under Section 7.

  • Indemnifiable Expenses Indemnifiable Liabilities" and "Indemnifiable Amounts" shall have the meanings ascribed to those terms in Section 3(a) below.

  • Company Indemnified Parties has the meaning specified in Section 7.8(a).

  • Personal liability means personal liability for a debt, liability, or other obligation of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization:

  • D&O Indemnified Parties shall have the meaning set forth in Section 6.6(a).

  • 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.

  • Indemnifiable Losses means any and all Losses relating to, arising out of or resulting from any Indemnifiable Claim.