Seller Insurance Policies definition

Seller Insurance Policies has the meaning set forth in Section 6.14.

Seller Insurance Policies shall have the meaning set forth in Section 4.1(t).

Seller Insurance Policies means all current or previous insurance policies of the Sellers and their Affiliates, including all environmental, directors’ and officers’ Liability, fiduciary Liability, employed lawyers, property and casualty flood, ocean marine, contaminated products insurance policies and all other insurance policies or programs arranged or otherwise provided or made available by the Sellers or their Affiliates that cover (or covered) any of the Covered Assets and Persons at any time prior to the Closing.

Examples of Seller Insurance Policies in a sentence

• All premiums due on such Seller Insurance Policies have either been paid or, if due and payable prior to Closing, will be paid prior to Closing in accordance with the payment terms of each Seller Insurance Policy.

• All options granted hereunder shall be "non-statutory stock options".

• Seller will use commercially reasonable efforts to maximize the recovery of proceeds after the Effective Time in respect of the Assumed Environmental Liabilities under the Seller Insurance Policies; provided, however, that Seller will not be liable for the failure to recover any specific amount of proceeds in the absence of gross negligence.

• All such Seller Insurance Policies (a) are valid and binding in accordance with their terms; and (b) have not been subject to any lapse in coverage.

• Accordingly, no proration or adjustment shall be made between Seller and Buyer with respect to the Seller Insurance Policies.

More Definitions of Seller Insurance Policies

Seller Insurance Policies has the meaning provided such term in Section 5.16(a).

Seller Insurance Policies means all insurance policies (whether under policies maintained with third party insurers or any member of the Seller’s Group) maintained by the Seller or any member of the Seller’s Group primarily in relation to the Business and “Seller Insurance Policy” means any one of them;

Seller Insurance Policies means all current or previous insurance policies of Seller and its Affiliates, including, but not limited to, all policies covering: Property and Business Interruption, Workers’ Compensation, Employers Liability, Automobile Liability, Commercial General Liability, Excess Liability, Pension Trust Liability, Directors & Officers Liability, Marine Cargo and Transit Insurance, Crime and Fiduciary Insurance, Environmental Liability, Professional Liability and all other insurance policies or programs arranged or otherwise provided or made available by Seller or its Affiliates that cover (or covered) any of the Covered Assets and Persons at any time prior to the Closing.

Seller Insurance Policies has the meaning set forth in Section 5.20(a).

Seller Insurance Policies has the meaning set forth in 5.18(a).

Seller Insurance Policies means policies of insurance with insurance carriers and contractual arrangements with insurance adjusters maintained by Seller or its Affiliates prior to the Closing.

Seller Insurance Policies shall have the meaning assigned thereto in Section 1.10.