D&O Tail Policies definition

D&O Tail Policies shall have the meaning set forth in Section 11.2(a).

D&O Tail Policies is defined in Section 8.02(a).

D&O Tail Policies shall have the meaning set forth in Section 5.3(b).

Examples of D&O Tail Policies in a sentence

• The premium for the D&O Tail Policies shall be pre-paid for the full six-year term of the D&O Tail Policies.

• Such D&O Tail Policies shall cover RemainCo and SpinCo and the insured Persons thereof and shall have material terms and conditions no less favorable than those contained in the Policies comprising the RemainCo directors and officers liability insurance program incepting on July 13, 2017, except for the policy period, premium and provisions excluding coverage for wrongful acts post-dating the Distribution Date.

• RemainCo shall provide SpinCo with copies of the D&O Tail Policies within a reasonable time after the Policies are issued.

• Covidien (i) shall provide Mallinckrodt with copies of the D&O Tail Policies upon Mallinckrodt’s written request but no sooner than a reasonable time after such Policies are issued and (ii) shall not amend the terms of, nor cancel or permit cancellation of, any such Policies without ninety (90) days prior written notice to Mallinckrodt.

• Such D&O Tail Policies shall cover Covidien and Mallinckrodt and the insured persons thereof and shall have material terms and conditions no less favorable than those contained in the Policies comprising the Covidien Directors and Officers Liability Insurance program incepting on June 29, 2012, except for the policy period, premium and provisions excluding coverage for wrongful acts, errors or omissions, post-dating the Effective Time.

More Definitions of D&O Tail Policies

D&O Tail Policies means any “tail policy” of any of the Debtors for current or former directors’, managers’, and officers’ liability that is unexpired as of the Effective Date. ¶

D&O Tail Policies. The premium for the D&O Tail Policies shall be pre-paid for the full six-year term of the D&O Tail Policies. Such D&O Tail Policies shall cover Covidien and Mallinckrodt and the insured persons thereof and shall have material terms and conditions no less favorable than those contained in the Policies comprising the Covidien Directors and Officers Liability Insurance program incepting on June 29, 2012, except for the policy period, premium and provisions excluding coverage for wrongful acts, errors or omissions, post-dating the Effective Time. Covidien (i) shall provide Mallinckrodt with copies of the D&O Tail Policies upon Mallinckrodt’s written request but no sooner than a reasonable time after such Policies are issued and (ii) shall not amend the terms of, nor cancel or permit cancellation of, any such Policies without ninety (90) days prior written notice to Mallinckrodt.

D&O Tail Policies is defined in Section 6.02(a).

D&O Tail Policies is defined in Section 6.10(b) of this Agreement.

D&O Tail Policies means “tail” insurance policies with a claims period of at least five (5) years from and after the Effective Time, covering, subject to the reasonable approval of HTI, each of the directors and officers identified by Advisor Parent, in each case, with an aggregate premium as mutually agreed by the Parties.

D&O Tail Policies is defined in Section 9.02(a). “Disclosure Schedules” is defined in Article V.

D&O Tail Policies shall have the meaning set forth in Section 5.3(b). “Effective Time” shall mean the time at which the Distribution occurs on the Distribution Date, which shall be deemed to be 6:59 p.m., New York City time, on the Distribution Date, or such other time as Covidien may determine.