Excluded Insurance Policies definition

Excluded Insurance Policies has the meaning set forth in Section 2.2(b)(xiii). “Excluded Personal Property” has the meaning set forth in Section 2.2(b)(vi). “Excluded Real Property” has the meaning set forth in Section 2.2(b)(v).

Excluded Insurance Policies means those insurance policies of the Selling Entities listed on Schedule 1.1(a), all director and officer, fiduciary, employment practices and similar insurance policies maintained by or on behalf of any Selling Entity, all insurance policies to the extent sponsored, maintained by, contributed to or required to be contributed to as a Seller Benefit Plan by any Selling Entity, any Subsidiary of any Selling Entity or any of its or their ERISA Affiliates, and any other insurance policies of the Selling Entities that are not designated as Assumed Contracts pursuant to Section 2.5.

Excluded Insurance Policies means (i) the Isosceles Insurance Ltd. policy number PPLP-01/2019, (ii) the Purdue Insurance Policies agreed by the Debtors, the Creditors’ Committee and the Governmental Consent Parties, which shall be identified in the MDT Agreement, and (iii) any rights or obligations under any Purdue Insurance Policy to the extent, but only to the extent, that such rights or obligations pertain solely to coverage for workers’ compensation liability. For the avoidance of doubt, clause (i) of this definition does not negate or limit the scope of the definition of MDT Insurance Collateral. For the avoidance of further doubt, if a Purdue Insurance Policy both (x) does or may afford the Debtors rights, benefits, indemnity, insurance coverage or defense costs with respect to any Claim or Cause of Action against the Debtors arising out of, on account of, or in connection with Opioid-Related Activities or for which the Debtors have insurance rights arising out of or in connection with Opioid-Related Activities and (y) is subject to clause (ii) or (iii) of this definition, such Purdue Insurance Policy is only an Excluded Insurance Policy to the extent it is subject to clause (ii) or (iii) of this definition, and all provisions herein concerning the MDT Insurance Policies apply to that Purdue Insurance Policy.

Examples of Excluded Insurance Policies in a sentence

• There are no PRIAC Excluded Insurance Policies which are not PRIAC Excluded Contracts.

• At Closing, the Insurance policies set forth on Exhibit 4.11 (the “Excluded Insurance Policies”) will be modified to remove each Company as an additional insured party, and any refunds or proceeds resulting from the removal of any Company as an additional insured party under the Excluded Insurance Policies will be retained by Sellers.

• Subject to Section 2.3(f) and Section 5.10, all Seller Insurance Policies (including, for the avoidance of doubt, all Excluded Insurance Policies) and all claims, rights to make claims and rights to proceeds in respect of such Seller Insurance Policies.

• For avoidance of doubt, Net Working Capital will exclude (a) Closing Date Cash, (b) the current portion of Closing Date Debt, (c) Closing Date Pre-Closing Taxes, (d) Closing Date Pre-Closing Tax Refunds, (e) Closing Date Seller Transaction Expenses, (f) any asset or liability associated with the Excluded Insurance Policies, and (g) assets and liabilities associated with the New Construction Sites.

• SCHEDULES Schedule 1 Selling Entities Schedule 1.1(a) Excluded Insurance Policies Schedule 1.1(b) Seller Disclosure Schedule Schedule 1.1(c) Seller IP Schedule 2.5(a)(i) Contracts Schedule Schedule 1 Subsidiaries of Seller which are Selling Entities Entity State of Organization Christals Acquisition, LLC Delaware Peekay Acquisition, LLC Delaware Peekay SPA, LLC Delaware Peekay, Inc.

More Definitions of Excluded Insurance Policies

Excluded Insurance Policies has the meaning set forth in Section 2.2(b)(xiii).

Excluded Insurance Policies any insurance policy maintained by Quiksilver, Seller or any of their Affiliates other than those the premiums of which are paid directly by an Acquired Company.

Excluded Insurance Policies means all director and officer, fiduciary, employment practices and similar insurance policies maintained by or on behalf of any Selling Entity, including those listed on Schedule 1.1(b).

Excluded Insurance Policies has the meaning set forth in Section 5.12. “Excluded Inventory” has the meaning set forth in Section 1.2(q). “Excluded Leases” has the meaning set forth in Section 1.2(p). “Excluded Liabilities” has the meaning set forth in Section 1.4. “Execution Date” has the meaning set forth in the Preamble.

Excluded Insurance Policies shall have the meaning set forth in Section 2.1 hereof.

Excluded Insurance Policies shall have the meaning set forth in Section 2.2.7. Excluded Liabilities shall mean those liabilities that are not included in the transactions contemplated herein and as further defined in Section 2.4. Excluded Litigation shall have the meaning set forth in Section 2.4.3. Execution Date shall have the meaning set forth in the Preamble. Fee Rate means the effective fee rate used in the billing for an investment advisory client’s account with Seller immediately preceding the relevant measurement date. Financial Statements shall have the meaning set forth in Section 6.10(a).

Excluded Insurance Policies means those director and officer, fiduciary, and other insurance policies, if any, listed on Schedule 1.1(c). Each other insurance policy maintained by or on behalf of any Selling Entity shall not be an Excluded Insurance Policy (including any workers’ compensation, employment practices, general liability/products, auto liability, property, casualty, cyber policy or crime, terrorism, and strikes, riots & civil commotion (SRCC)), and each such other insurance policy shall be a Purchased Asset, to the extent transferable, and subject to the covenant set forth in Section 7.16(c).