Representation and Warranty Insurance Policy definition

Representation and Warranty Insurance Policy means the representation and warranty insurance policy obtained by the Sponsor in connection with the Mergers.

Representation and Warranty Insurance Policy means any buyer-side representation and warranty insurance policy obtained by Purchaser (at Purchaser’s sole cost and expense) in connection with the transactions contemplated by this Agreement.

Representation and Warranty Insurance Policy means that certain representation and warranty insurance policy in the last form provided to the Sellers prior to the execution hereof, as it may be amended from time to time (in the case of any amendments that by their terms adversely affect the Sellers, with the consent of the Sellers, not to be unreasonably conditioned, withheld or delayed).

Examples of Representation and Warranty Insurance Policy in a sentence

• Buyer shall pay or cause to be paid all costs and expenses related to the Representation and Warranty Insurance Policy, including the premium, underwriting fees, and surplus lines Taxes related to such policy.

• Seller further acknowledges and agrees that the denial of any claim by any Buyer Indemnified Party under the Representation and Warranty Insurance Policy shall not be construed as, or used as evidence that, such Buyer Indemnified Party is not entitled to indemnification under this Article 8.

• Purchaser covenants and agrees that the Representation and Warranty Insurance Policy will expressly exclude any right of subrogation against the Seller Group (other than with respect to Fraud).

• The Acquiror will use reasonable best efforts to cause the Representation and Warranty Insurance Policy to be issued as soon as practicable after Closing.

• The parties acknowledge that Purchaser is entering into the Representation and Warranty Insurance Policy and that, in connection therewith, a Purchaser Indemnified Person may make claims for the same Damages or series of related Damages under both this Article X and the Representation and Warranty Insurance Policy.

More Definitions of Representation and Warranty Insurance Policy

Representation and Warranty Insurance Policy means that certain representation and warranty insurance policy, to be issued on the Closing Date, in the name and for the benefit of Buyer.

Representation and Warranty Insurance Policy means the representation and warranty insurance policy obtained by the Parent in connection with the Acquisition.

Representation and Warranty Insurance Policy means that certain Buyer-side Representations and Warranties Insurance Policy conditionally bound promptly after the date of this Agreement and issued by Liberty Surplus Insurance Corporation.

Representation and Warranty Insurance Policy means, collectively, the Representations and Warranties Insurance Policy (Buyer-Based) with Policy Number DR 0284272 to be issued by Pacific Insurance Company, Limited to Buyer (as may be amended, modified or supplemented from time to time) pursuant to the Binder, dated as of the date hereof, executed by Pacific Insurance Company, Limited and the Excess Buyer’s Representations and Warranties Insurance Policy with Policy Number 0308-9585 to be issued by Darwin Select Insurance Company to Buyer (as may be amended, modified or supplemented from time to time) pursuant to the Binder, dated as of the date hereof, executed by Darwin Select Insurance Company.

Representation and Warranty Insurance Policy means a policy of insurance covering Liabilities of the Stockholders arising under Section 9.2(a), Section 9.2(b) and Section 9.2(c) of this Agreement to be entered into between the Buyer and a reputable insurance carrier.

Representation and Warranty Insurance Policy has the meaning set forth in Section 10.4(d), above.

Representation and Warranty Insurance Policy has the meaning set forth in the definition of Seller Premium Amount.