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.
Quiksilver and its Affiliates (other than the Company) shall retain all right, title and interest in and to the Excluded Insurance Policies, including the right to any credit or return premiums due, paid or payable in connection with the termination thereof; provided, however, that to the extent any returned premiums have been paid by the Company, such returned premiums shall belong to Buyer.
Subject to Section 6.11(c), the Policy Holder shall retain the exclusive right to control claims under such Excluded Insurance Policies with the applicable insurers, provided that the Policy Beneficiary shall have the right, but not the duty, to monitor such claims.
Seller and its Affiliates (other than the Acquired Companies) shall retain all right, title and interest in and to the Excluded Insurance Policies, including the right to any credit or return premiums due, paid or payable in connection with the termination thereof; provided, however, that to the extent any returned premiums have been paid by an Acquired Company, such returned premiums shall belong to Buyer.