D&O Insurance Policy definition

D&O Insurance Policy shall have the meaning set forth in Section 3(g).
D&O Insurance Policy. Section 6.4
D&O Insurance Policy means the directors’ and officers’ liability insurance policies of the Company and/or its Affiliates in effect on the Date of Termination. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Employment Agreement.

Examples of D&O Insurance Policy in a sentence

  • Neither the Company nor any of its Subsidiaries has received any notice of cancellation or termination with respect to any such D&O Insurance Policy.

  • Such D&O Insurance Policies are in full force and effect and, to the Knowledge of the Company, neither the Company nor any Subsidiary is in material default with respect to any of its obligations under any such D&O Insurance Policy.

  • At any time prior to the Effective Time, notwithstanding anything to the contrary set forth in this Agreement, the Company may purchase, and shall purchase at the request of Parent, a "tail" prepaid policy on the D&O Insurance Policy covering a period of six years from the Effective Time; provided that the aggregate amount of such "tail" policy is less than 200% of the annual premium currently payable by the Company with respect to its current D&O Insurance Policy.

  • Ashland Global and Valvoline acknowledge that, as of immediately prior to the Separation Date, Ashland Global intends to take such action as it may deem necessary or desirable to terminate any D&O Insurance Policy issued to any officer or director of the Valvoline by any insurance carrier effective immediately prior to the Separation Date.

  • This Agreement and all of the rights and obligations of the Executive hereunder may not be transferred or assigned by the Executive at any time.


More Definitions of D&O Insurance Policy

D&O Insurance Policy has the meaning set forth in Section 8.02.
D&O Insurance Policy has the meaning set forth in Section 7.3(c). “Deductible” has the meaning set forth in Section 10.2(c)(ii).
D&O Insurance Policy means AOLA’s director and officer insurance policy maintained by National Union Fire Insurance Company of Pittsburgh, PA, identified as policy number of 493-29-72, as amended, restated or extended.
D&O Insurance Policy means a directors’ and officers’ liability insurance policy covering each of the Company’s Directors.
D&O Insurance Policy means a director’s liability insurance issued or to be issued by one or more insurers 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 policy or policies to be replaced and that have been deemed acceptable by the Indemnitee.
D&O Insurance Policy means directors’ and officers’ policies of insurance entered into in relation to the directors and officers of the Borrower.
D&O Insurance Policy means each and all of the following: (a) policy no. 856-05-81, issued by the National Union Fire Insurance Company of Pittsburgh, PA, a member company of the American International Group; (b) policy no. QB 346899 (01), issued by Lloyds of London through Illinois broker J&H Marsh & McLennan of Illinois, Inc.; (c) policy