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.
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.
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.
As of the date of this Agreement, neither the Seller nor any of its Affiliates (including the Companies) has received any refusal of coverage or any written notice of cancellation of a Seller Insurance Policy or any other indication that a Seller Insurance Policy is no longer in full force and effect or will not be renewable upon its expiration.
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.
Nothing in this Section 5.16(a) shall require the Seller to continue any Retained Seller Insurance Policy or prevent the Seller from amending the terms of or terminating any such Retained 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.
Change in Status: It shall be the employee’s responsibility to notify the City of any change in family status for health, dental and vision insurance coverage.
Other than as expressly permitted by this Section 5.9, Purchaser further covenants and agrees not to seek to assert or to exercise any rights or claims of any member of the Commercial Air Group or the Business under or in respect of any past or current Seller Insurance Policy under which any member of the Commercial Air Group or the Business is an additional insured.
Buyer further covenants and agrees for itself and its successors and assigns that it will not, and will cause the Business Companies and any assignee or surviving entity of any of the foregoing to not, seek to assert or exercise any rights or claims under or in respect of any Seller Insurance Policy, including any Seller Insurance Policy under which, at any time prior to Closing, any Business Company has been an insured, and it will not cause or allow any third party to do any of the foregoing.