RWI Policy definition
Examples of RWI Policy in a sentence
From and after the Closing Date, the Company shall indemnify, hold harmless and reimburse Sellers and their Affiliates for any Recovery Costs incurred by Sellers or their Affiliates with respect to such Seller RWI Policy Claims.
Any claim for indemnification under this Article IX may be made prior to, concurrently with, or after any efforts to obtain available recoveries from any insurer (including the RWI Policy Provider) or other third Person.
Seller Representative agrees that it has received a copy of such provision of the RWI Policy prior to the Closing and approved such provision, and such provision as delivered to the Seller Representative prior to Closing is deemed to satisfy such requirement.
The Indemnified Parties shall use their best efforts to seek recovery (but in no event shall be required to litigate or otherwise commence any Proceeding) under their respective applicable insurance policies (including the RWI Policy) for their respective Losses with respect to matters reasonably likely to be covered by such applicable insurance policies.
The RWI Policy acquired by Purchaser shall expressly provide that the insurer or insurers issuing such policy shall have no right, and waive any right, of subrogation, contribution or otherwise against the Sellers based upon, arising out of, or in any way connected to this Agreement, the Mergers, or such RWI Policy, in each case, except in the event of Fraud by a Seller.