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 the representation and warranty insurance policy procured by Purchaser in connection with the transactions contemplated by this Agreement.

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.

Examples of Representation and Warranty Insurance Policy in a sentence

• 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.

• For the avoidance of doubt, nothing in this Section 9(q) shall affect or otherwise interfere with Buyer’s rights under the Representation and Warranty Insurance Policy.

• Buyer has fully paid (or caused to be paid) any and all policy fees, premiums, and other amounts that are due and payable on or prior to the date of this Agreement in connection with the Representation and Warranty Insurance Policy.

• Buyer hereby confirms that the exclusions set forth in the Representation and Warranty Insurance Policy provided to Buyer are reasonably acceptable to Buyer.

• On or prior to the Closing Date, Buyer shall obtain a binder agreement incepting coverage under a Representation and Warranty Insurance Policy (“R&W Policy”), and pay or cause to be paid all costs and expenses related to the R&W Policy, including the total premium, underwriting costs, brokerage commissions and other fees and expenses of such policy.

More Definitions of Representation and Warranty Insurance Policy

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).

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’s representations and warranties policy of insurance to be issued by the Representation and Warranty Insurance Policy provider (the “R&W Carrier”) and paid for in full by Buyer, in the form attached hereto as Exhibit A.

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.