Maximum Premium definition

Maximum Premium has the meaning set forth in Section 7.06(b).
Maximum Premium shall have the meaning set forth in Section 6.4(b).
Maximum Premium has the meaning set forth in Section 5.06(c).

Examples of Maximum Premium in a sentence

  • The Company may prior to the Effective Time purchase, for an aggregate amount not to exceed the aggregate Maximum Premium for six (6) years, a six-year prepaid “tail” policy on terms and conditions providing at least substantially equivalent benefits as the current policies of directors’ and officers’ liability insurance maintained by the Company and its Subsidiaries with respect to matters existing or occurring prior to the Effective Time, including the Transactions.


More Definitions of Maximum Premium

Maximum Premium means 300% of the last annual premium paid prior to the Effective Time for the Current D&O Insurance.
Maximum Premium has the meaning assigned to such term in Section 5.7(b) of the Agreement.
Maximum Premium is defined in Section 5.9(b).
Maximum Premium means 250% of the last annual premium paid prior to the Effective Time for the Current D&O Insurance.
Maximum Premium has the meaning given to it in clause 10.3;
Maximum Premium has the meaning set forth in Section 9.1(b).
Maximum Premium. As respects each contract year, the Maximum Premium shall equal the product of the Minimum Premium multiplied by 2 (two).