Tail Insurance Coverage definition

Tail Insurance Coverage shall have the meaning specified in Section 6.19.
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Tail Insurance Coverage shall have the meaning set forth in Section 5.7 of the Agreement.
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Tail Insurance Coverage has the meaning set forth in Section 6.8.
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Examples of Tail Insurance Coverage in a sentence

  • The Tail Insurance shall be retroactive such that it covers all periods prior to the Closing and the Newco Companies shall be included as additional insured parties pursuant to such Tail Insurance Coverage.

  • The cost of the Tail Insurance Coverage shall be included in the Transaction Expenses.

  • If, during such three (3)-year period, the Company ceases to maintain such Continuing Coverage, including in the event the Company is otherwise unable to secure Continuing Coverage that complies with the terms set forth above, then the Company shall, and Acquirer shall cause the Company to, acquire and pay for tail or extended reporting period coverage (the "E&O & Cyber Tail Insurance Coverage") that complies with the terms set forth above for the remainder of the three (3)-year post-Closing Date period.

  • From and after the Closing, (x) Acquirer shall cause the Company and its successors and assigns not to, and the Company shall not, cancel or reduce the E&O & Cyber Tail Insurance Coverage and (y) Acquirer shall cause the Company and its successors and assigns to, and the Company shall, continue to honor the obligations thereunder in accordance with its terms, to the extent permitted by Applicable Law.

  • Parent shall not cancel the Tail Insurance Coverage without providing replacement insurance which shall provide the Target D&O Indemnified Parties coverage for any remaining portion of the original six(6) year period in an amount not less than the coverage provided under the Tail Insurance Coverage and with other terms not less favorable than the terms insuch Tail Insurance Coverage.

  • Jointly-trained student-teacher methods constitute another approach (Jiang et al., 2018; Bengio et al., 2009) to learn a data-driven curriculum.

  • In addition to the requirements of Section 9.2 (c)(iv), Acquirer shall seek (and shall cause its Affiliates, including the Company, to seek) recovery under the E&O & Cyber Tail Insurance Coverage.

  • Acquirer shall cause the Surviving Corporation to maintain the Tail Insurance Coverage in full force and effect and continue to honor the obligations thereunder for the entire term of the Tail Insurance Coverage.

  • Buyer shall cause the Company (or its successor) to maintain the Tail Insurance Coverage in full force and effect during its period of coverage and continue to honor the obligations thereunder.

  • BOP will directly involve ISBC in the negotiation of the Tail Insurance Coverage as well as with respect to the negotiations of the renewal of BOP’s current directors’ and officers’ insurance policy.


More Definitions of Tail Insurance Coverage

Tail Insurance Coverage. 5.8(b) “Tax Attribute” 3.17 “Tax Authority” 9.1 “Tax Matter” 5.7(c) “Third-Party Claim” 8.7(b) “Third-Party Claim Notice” 8.7(b) “Transfer Taxes” 5.7(d) “Vesting Date” 5.11(g) “Waived Parachute Payments” 5.12 “Written Consent” Recitals
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Tail Insurance Coverage. 5.18(b) “Termination Date” 7.1(b) “Third-Party Claim” 8.8
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Tail Insurance Coverage has the meaning given to it in Section 7.14(a).
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Tail Insurance Coverage shall be health care services professional liability converge with its current insurers or a financially sound and reputable insurance company or association selected by each Seller with limits of liability of $1,000,000 per loss and $3,000,000 annual aggregate, naming each Seller, its individual shareholders or successor in interest, as may be appropriate, as an insured and covering the health care services professional liability risk arising out of such Seller's operation of the Business and the Facilities on or before the Closing Date. In the alternate, Seller shall have demonstrated to Buyer's satisfaction in its sole discretion, that the policies they have in place will provide coverage in all respects identical to that which would be provided by such Tail Insurance.
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Tail Insurance Coverage. 5.5(b) “Third-Party Claim Notice” 8.6(b) “Third-Party Claim” 8.6(b) “Transfer Taxes” 5.4(d)
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Tail Insurance Coverage for the current and former directors and officers of the Company and its Subsidiaries as of the Closing Date (the “Covered Persons”), which (i) shall provide the Covered Persons with coverage for seven years following the Closing Date, and (ii) contains coverage under terms comparable to those applicable to the current directors and officers of the Company. Subject to the Closing, Acquirer shall cause the Company and its successors and assigns not to cancel, reduce or adversely modify the terms of the Tail Insurance Coverage and continue to honor the obligations thereunder in accordance with its terms, to the extent permitted by Applicable Law, until the seventh anniversary of the Closing Date.
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Related to Tail Insurance Coverage

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Insurance Cover means the aggregate of the maximum sums insured under the insurance taken out by the Contractor pursuant to Article 20, and includes all insurances required to be taken out by the Contractor under Clauses 20.1 and 20.9 but not actually taken, and when used in the context of any act or event, it shall mean the aggregate of the maximum sums insured and payable or deemed to be insured and payable in relation to such act or event;

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • 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.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Coverage means the types of persons to be eligible as the beneficiaries of the Scheme to health services provided under the Scheme, subject to the terms, conditions and limitations.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Dental Insurance The District shall contribute $360.00 annually toward the cost of dental insurance whether for single or family coverage for full-status employees who qualify for and enroll in the plan. The cost of the premium not contributed by the District for family coverage shall be borne by the employee through payroll deduction.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

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

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

  • general insurance business means any class of insurance business other than long-term insurance business;

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Casualty insurance means liability insurance.

  • 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.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • Health care coverage means any plan providing hospital, medical or surgical care coverage for

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