Examples of Material Insurance Policies in a sentence
Except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, each of the Material Insurance Policies is in full force and effect (except for policies that have expired under their terms in the ordinary course of business) and all premiums due and payable thereon have been paid.
As of the date of this Agreement, none of the Company or its Affiliates has received written notice in the twelve (12) months prior to the date of this Agreement threatening cancellation or non-renewal of, or a material premium increase under, any of the Material Insurance Policies.
All Material Insurance Policies are in full force and effect and all premiums due and payable thereon have been paid in full as of the date of this Agreement.
Each of the Green Material Insurance Policies is in full force and effect on the date of this Agreement and a true, correct and complete copy of each Green Material Insurance Policy has been made available to Sailfish upon Sailfish’s request prior to the date of this Agreement.
All Material Insurance Policies have been heretofore made available or delivered to Parent.
As of the date of this Agreement, all premiums due through the date hereof have been paid for the Material Insurance Policies.
As of the date hereof, the Company has disclosed to Parent all claims (whether pending, denied, disputed or resolved) made under the Material Insurance Policies or any predecessor policies insuring similar risk since July 31, 2010.
To the knowledge of the Company, the Material Insurance Policies are in full force and effect, enforceable and valid and binding, subject to Enforceability Exceptions.
Section 5.21 of the Disclosure Schedule contains a complete and correct list of all material policies and contracts for insurance (including coverage amounts and expiration dates) of which any Transferred Company is the owner, insured or beneficiary, or solely covering any of the assets of the Transferred Companies (“Material Insurance Policies”) other than the Material Insurance Policies copies of which have been made available or provided to Parent.
There have been no lapses (whether cured or not) in the coverage provided under the Material Insurance Policies or any predecessor policies insuring similar risk, during the term of any such policy, as extended or renewed.