Examples of D&O Insurers in a sentence
The Stipulation of Settlement further provides that, pursuant to the Insurer Agreement, the D&O Insurers shall be required to pay the amount of $24,600,000 to the Settlement Class, see Stipulation of Settlement ¶ 8(a).
The Stipulation of Settlement provides that, in consideration for the settlement of the Settled Claims, the Debtor and the D&O Insurers shall severally pay to the Settlement Class the total amount of $27,100,000.
For reasons of civil procedural law, the Arbitration Agreement had to be entered into as a separate agreement and signed separately by the Company, Dr. Breuer and the D&O Insurers.
According to this agreement, all disputes possibly arising in connection with the Coverage Settlement Agreement concluded between the Company, Dr. Breuer and the D&O Insurers or concerning its validity shall be finally settled in accordance with the Arbitration Rules of the German Institution of Arbitration (DIS) without recourse to the ordinary courts of law.
Moreover, the Stipulation of Settlement contemplates that, upon entry of an order by the District Court preliminarily approving the settlement and directing that notice be provided to the Settlement Class, lead counsel for the Settlement Class may pay from the Escrow Account, without further order of the District Court or approval from the Debtor, the IndividualDefendants or the D&O Insurers, all notice and administration costs in an amount not to exceed$500,000.