RWI Policy definition

RWI Policy has the meaning set forth in Section 6.16.
RWI Policy means the insurance policy purchased by Parent to insure itself against breaches by the Company of its representations and warranties set forth in this Agreement.

Examples of RWI Policy in a sentence

  • Buyer acknowledges and agrees that it shall be fully liable for any premium, retention amount and other costs under the RWI Policy and, accordingly, Seller shall not be liable for any such amounts.

  • Bxxxx agrees to provide a duly executed copy of the RWI Policy as soon as reasonably practicable following its inception, and in any event within five (5) Business Days after the date hereof.


More Definitions of RWI Policy

RWI Policy is defined in Section 5.12.
RWI Policy has the meaning set forth in Section 7.11(a).
RWI Policy means the representations and warranty insurance policy to be obtained by the Acquiror on or prior to Closing.
RWI Policy means the insurance policy or policies to be obtained by Buyer to cover Losses in excess of the Retention resulting from the breach of any of the Sellers’ or the Company’s representations and warranties.
RWI Policy means the representation and warranty insurance policy acquired by the Purchaser, the binder and form of policy that are attached hereto as Exhibit B. “RWI Policy Premium” means $492,000. “RWI Policy Premium Overage” means $50,000. “Sanctioned Territories” has the meaning set forth in Section 3.24(c). “Sanctions” has the meaning set forth in Section 3.24(c). “Section 1060 Allocation” has the meaning set forth in Section 2.10. “Securities Act” means the US Securities Act of 1933, as amended. “Seller Disclosure Schedule” has the meaning set forth in Article 3. “Seller” or “Sellers” has the meaning set forth in the Preamble.