R&W Insurance Policy definition

R&W Insurance Policy has the meaning set forth in Section 6.15.

R&W Insurance Policy means the representation and warranty insurance policy to be issued to Buyer with respect to this Agreement in substantially the form delivered to Seller prior to the execution of this Agreement.

R&W Insurance Policy means the representations and warranty insurance policy taken out by the Purchaser as of the Closing Date with a reputable representation and warranty insurance provider in relation to the transactions contemplated herein, on terms and conditions set forth therein, which policy provides coverage of at least 20% of the Purchase Price.

Examples of R&W Insurance Policy in a sentence

• Following the final issuance of the R&W Insurance Policy, Purchaser agrees to use reasonable best efforts to keep the R&W Insurance Policy in full force and effect for the policy period set forth therein.

• Notwithstanding anything to the contrary set forth herein, the provisions hereof dealing with Third Party Claims shall be subject to the terms and conditions of the R&W Insurance Policy.

• Buyer shall cause the R&W Insurance Policy to expressly provide that the policy provider shall not have the right to, and will not, pursue any subrogation rights against Seller, Seller’s Affiliates or any of its direct or indirect equity holders in connection with any claim made by Buyer or any of its Affiliates thereunder, except in the case of Actual Fraud.

• Notwithstanding the foregoing, nothing in this Agreement shall limit the right of the Buyer Parties to make claims against the R&W Insurance Policy.

• The insurer(s) of the R&W Insurance Policy and any other Person shall not receive rights of subrogation or other rights of recovery except as expressly set forth in the R&W Insurance Policy.

More Definitions of R&W Insurance Policy

R&W Insurance Policy means the Representations and Warranties Insurance Policy issued by the R&W Insurance Provider for an amount of R&W Insurance Limit Amount, for the benefit of Parent Group as the named insured in the form attached hereto as Exhibit E.

R&W Insurance Policy means that certain representations and warranties insurance policy attached hereto as Exhibit B.

R&W Insurance Policy means the representations and warranties insurance policy to be obtained by Buyer insuring against any breach of the representations and warranties set forth in Articles III and IV of this Agreement, in accordance with the terms and subject to the conditions and limitations contained herein and therein.

R&W Insurance Policy means the representations and warranties insurance policy issued by AIG Specialty Insurance Company to Purchaser.

R&W Insurance Policy means that certain insurance policy, to be issued by the R&W Insurer and to be bound as provided in Section 6.13, in the name and for the benefit of the Buyer Indemnified Parties.

R&W Insurance Policy means a Buyer-Side Representations and Warranties Insurance Policy, in the form attached hereto as Exhibit A, obtained by Buyer, the cost of which shall be borne solely by Buyer.

R&W Insurance Policy means that certain buyer-side representations and warranties insurance policy in the form set forth on Exhibit B attached hereto, effective as of the date hereof and obtained by Buyer, which policy contains a waiver by the insurer of all subrogation rights against the Group Companies and Seller.