Reporting Tail Endorsement definition
Reporting Tail Endorsement means a six (6) year extended reporting period endorsement with respect to the Current D&O Insurance.
Reporting Tail Endorsement has the meaning set forth in Section 6.10(b).
Reporting Tail Endorsement is defined in Section 5.9(b).
Examples of Reporting Tail Endorsement in a sentence
If the Reporting Tail Endorsement is not available at an aggregate cost not greater than the Maximum Premium, then (i) the Company shall notify Parent in writing of the aggregate cost to obtain the Reporting Tail Endorsement and (ii) Parent shall elect that (A) the Company obtain the Reporting Tail Endorsement for such aggregate cost in excess of the Maximum Premium or (B) the Company obtain as much comparable insurance as can be obtained at a cost up to but not exceeding the Maximum Premium.
More Definitions of Reporting Tail Endorsement
Reporting Tail Endorsement. As defined in Section 11.1.3.
Reporting Tail Endorsement means a six year extended reporting period endorsement with respect to the Current D&O Insurance, on terms and conditions providing coverage retentions, limits and other material terms substantially equivalent to the Current D&O Insurance. “Representatives” means, with respect to any Person, such Person’s directors, managers, officers, employees, investment bankers, attorneys, accountants and other advisors or representatives. “Required Uses” has the meaning set forth in Section 3.13(b). “Restrictive Order” has the meaning set forth in Section 5.5. “RSU Exchange Ratio” means, with respect to any particular Company RSU, the sum of (x) the Exchange Ratio and (y) the quotient of the sum of the Cash Consideration plus the dividend equivalents accrued on such Company RSU, divided by the Parent Share Price, rounded to the nearest one ten thousandth. “▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act” means the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002, as amended. “SEC” means the United States Securities and Exchange Commission. “Secretary of State” means the Secretary of State of the State of Indiana. “Securities Act” means the Securities Act of 1933, as amended. “Shareholder Approval Matters” has the meaning set forth in Section 5.3(a). “Subsidiary” means, with respect to any Person, another Person (a) of which such first Person owns or controls, directly or indirectly, securities or other ownership interests representing (i) more than 50% of the voting power of all outstanding stock or ownership interests of such second Person or (ii) the right to receive more than 50% of the net assets available for distribution to the holders of outstanding stock or ownership interests upon a liquidation or dissolution, (b) of which the power to vote or direct voting of sufficient voting securities, other voting rights or voting partner interests to elect a majority of the board of directors or other governing body or persons performing similar functions is directly or indirectly held by such Person, or (c) of which such first Person is a general partner or managing member. “Superior Proposal” means any bona fide written proposal made by a third party to acquire more than 50% of the equity securities or consolidated total assets of the Company and its Subsidiaries, pursuant to a tender or exchange offer, a merger, a consolidation, business