Examples of Occurrence Based Policies in a sentence
The table below shows the mortality basis for business written by the fund.
Following the Closing Date, upon Pluto’s or Rover’s reasonable request, and at Pluto’s cost and expense, Newquay and its Affiliates shall reasonably cooperate with and assist Pluto and Rover in issuing notices of such claims under the Occurrence Based Policies or Claims Made Policies, presenting such claims for payment and collecting insurance proceeds under the Insurance Policies.
Following the Closing Date, upon OpCo Purchaser’s reasonable request and at OpCo Purchaser’s cost and expense, the Selling Entities and their respective Affiliates shall reasonably cooperate with and assist OpCo Purchaser in issuing notices of such claims under the Occurrence Based Policies and Claims Based Policies, presenting such claims for payment and collecting insurance proceeds related thereto.
Seller shall have the right, but not the obligation, to file and administer all claims under the Occurrence Based Policies with respect to any such liabilities.
For the avoidance of doubt, and notwithstanding anything to the contrary in this Agreement, Seller and its Affiliates shall retain all right, title and interest in the Occurrence Based Policies, including the right to exhaust, settle, release, commute, buy back or otherwise resolve disputes with respect to any of the Occurrence Based Policies.