Occurrence Basis Policies definition

Occurrence Basis Policies has the meaning set forth in Section 5.01(b).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Occurrence Basis Policies is defined in Section 5.9(b).

Occurrence Basis Policies has the meaning set forth in Section 8.1(b).

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.
Effective from and after the Effective Date and for a period of no less than 60 days thereafter, Seller or the applicable Affiliate of Seller will add Buyer as an additional insured, with respect to the Purchased Assets, under each of the Occurrence Basis Policies and Claims Made Policies providing coverage with respect thereto.
Both parties hereto also recognize the delays, expense, and difficulties involved in proving in a legal proceeding the actual loss suffered by City if Work is not substantially completed on time.
Crane's obligation to use reasonable best efforts to assist the Company in asserting claims under Occurrence Basis Policies will include using reasonable best efforts in assisting the Company to establish its right to coverage under Occurrence Basis Policies (so long as all of Crane's costs and expenses in connection therewith are promptly paid by the Company).

More Definitions of Occurrence Basis Policies

Occurrence Basis Policies shall have the meaning ascribed thereto in Section 3.08(a).

Occurrence Basis Policies shall have the meaning set forth in Section 9.5(a).

Occurrence Basis Policies shall have the meaning ascribed thereto in Section 3.09(b)(i).

Occurrence Basis Policies means any insurance policies (including without limitation any directors’ and officers’ liability insurance policies) which are in force at the date of this Agreement and which provide cover in relation to any Pre-Completion Matter on an occurrence basis;

Occurrence Basis Policies shall have the meaning specified in Section 6.6(a).

Occurrence Basis Policies as defined in Section 8.6(a) of this Agreement.

Occurrence Basis Policies has the meaning set forth in Section 7.3(a).