Seller Insurance Policy definition

Seller Insurance Policy means any one of them;
Seller Insurance Policy means any insurance policy issued to Seller or its Affiliates prior to Closing that includes Company or any of its Subsidiaries as an insured party.
Seller Insurance Policy means any insurance policy in effect for periods prior to the Closing to the extent the premiums therefor have been paid in full by the Company or a Seller Entity prior to the Closing. 42185384v.30

Examples of Seller Insurance Policy in a sentence

  • Nothing in this Section 6.14 affects rights of the Buyer Indemnified Parties to be indemnified under Section 8.3. This Agreement shall not be construed to waive any right or remedy of any member of Seller Group in respect of any Seller Insurance Policy.

  • Supporting material will be distributed only to Board members.In the event the attending individual has questions, the DCFS Director and Board Chair will make themselves available upon adjournment of the meeting to discuss/clarify the matter.

  • 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.

  • To the knowledge of the Seller, none of Seller or any of its Affiliates (including either Company) is in default under, or has otherwise failed to comply with, in any material respect, any provision contained in any such Seller Insurance Policy.

  • The Seller is not in material default with respect to any provision contained in any such Seller Insurance Policy and has not failed to give any notice or present any claim under any such Seller Insurance Policy in due and timely fashion.

  • Notwithstanding anything herein to the contrary, the Sellers shall retain any rights to, including any right to any proceeds received in respect of, any claim pending as of the date hereof or made after the date hereof under any Seller Insurance Policy.

  • The Purchaser shall not be liable under this Clause 7.1.1 to the extent that the Seller has a right of recovery under any Seller Insurance Policy and fails to pay the proceeds actually recovered by the Seller to the Purchaser pursuant to and in accordance with Clause 13.2.

  • Seller has not received a written notice or, to the Knowledge of Seller, verbal notice that could reasonably be expected to be followed by a written notice of cancellation or non-renewal of any Seller Insurance Policy.

  • Seller has not, during the past three (3) years, (a) had any policy of insurance revoked or rescinded by a carrier, (b) failed to give any notice or present any claim under any insurance policy in due and timely fashion or (c) received written notice that a carrier has denied, disputed or reserved its rights with respect to coverage under any Seller Insurance Policy.

  • It shall be a condition of Closing that Buyer shall be added as an additional insured under the Seller Insurance Policy; provided, however, Buyer shall remain liable for and shall indemnify, defend and hold Seller harmless from and against any and all loss, cost, damage or expense relating to or arising in connection with any and all self insured retention amounts or deductible amounts payable under or otherwise payable in connection with any claim made under the Seller Insurance Policy.


More Definitions of Seller Insurance Policy

Seller Insurance Policy means any one of them; “Seller’s Lawyers” means Linklaters LLP of Xxx Xxxx Xxxxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx; “Seller’s Pension Schemes” means: (i) the NGUK Pension Scheme; and (ii) the Legal & General WorkSave Mastertrust, a defined contribution pension scheme set up under trust and governed by a trust deed and rules dated 5 December 2018; “Seller’s Proportion” means 40 per cent., being the Seller’s proportional ownership of XxxX TopCo; “Seller’s Warranties” means the warranties given by the Seller pursuant to Clause 13.1 and Schedule 6 and “Seller’s Warranty” means any one of them; “Senior Employee” means the employees comprising the executive committee as set out in the Information Memorandum, namely the chief executive officer, chief financial officer, system operations director, commercial director, asset director, construction director, operations director, metering director, chief people officer, general counsel, the safety, health, environment & assurance director and the chief information officer from time to time; “Separation Date” means the earlier of (i) the Commencement Date (as defined in the Transitional Services Agreement) as notified by the Seller to the Investor; and (ii) the Closing Date; “Separation Plan” means the “Jupiter Separation Blueprint” and addendums as disclosed in the Data Room (folder 6); “Shareholder” means any holder of Ordinary Shares from time to time having the benefit of the Shareholders’ Agreement; “Shareholders’ Agreement” means the shareholders’ agreement in the Agreed Form to be entered into on the Closing Date between the Seller, the Investor, XxxX TopCo, NGGH and certain other members of the XxxX Group; “Steps Plan” means the document prepared by PricewaterhouseCoopers LLP and entitled “Project Jupiter Accounting Steps Paper” in the Agreed Form; “Subscription Shares” means: (i) the Minority Owner Shares; and
Seller Insurance Policy means all insurance policies and insurance contracts of any kind maintained by the Seller or any of its subsidiaries (other than the Company or its Subsidiaries) that covers destruction of, or damage to, one of more of the active mines comprising the Transferred Business or the Assets resulting in a property loss or economic loss.
Seller Insurance Policy means any of them;
Seller Insurance Policy has the meaning set forth in Schedule 9.02.

Related to Seller Insurance Policy

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

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

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Blanket insurance policy means a group policy covering a defined class of

  • Insurance Policies has the meaning set forth in Section 3.16.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Certificate Insurance Policy The Financial Guaranty Insurance Policy No. CA01172A, and all endorsements thereto dated the Closing Date, issued by the Certificate Insurer for the benefit of the Class AF-3 Certificateholders.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Reimbursement insurance policy means a policy of insurance

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Bond Insurance Policy means the municipal bond insurance policy, if any, issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds and constitutes a Bond Facility under the Indenture.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Property Insurance is defined in Section 6.10(a).

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.