Examples of Occurrence Basis Policies in a sentence
Parent will not, and will cause the Company and each of their respective Affiliates not to, amend, commute, terminate, buy-out, extinguish liability under or otherwise modify any Occurrence Basis Policies or Claims Made Policies under which Buyer has rights to assert claims pursuant to Section 9.5(a) in a manner that would adversely affect any such rights of Buyer.
The obligations of Navy and the Navy Group set forth in this Section 4.7 will terminate on the one-year anniversary of the Separation Time, except with respect to any claims against Occurrence Basis Policies.
Seller will not, and will cause each Seller Subsidiary and each of its and their Affiliates not to, amend, commute, terminate, buy-out, extinguish liability under or otherwise modify any Occurrence Basis Policies or Claims Made Policies under which Buyer has rights to assert claims pursuant to Section 8.7(a) in a manner that would adversely affect any such rights of Buyer.
Seller will not, and will cause Seller Subsidiary and Seller Subsidiary not to, amend, commute, terminate, buy-out, extinguish liability under or otherwise modify any Occurrence Basis Policies or Claims Made Policies under which Buyer has rights to assert claims pursuant to Section 8.9(a) in a manner that would adversely affect any such rights of Buyer.
Notwithstanding anything set forth herein to the contrary, provided, that, any rights of the Company or any Oregon Subsidiary under any Occurrence Basis Policy would not be adversely effected thereby, neither the Company nor any Oregon Subsidiary shall take any actions which will or would be reasonably expected to adversely affect any rights which MusicCo or LandCo would have, either directly or under Section 7.01(b), to assert and recover any claims under any Occurrence Basis Policies.