Examples of Warranty Insurance in a sentence
Seller further acknowledges and agrees that the denial of any claim by any Buyer Indemnified Party under the Representation and Warranty Insurance Policy shall not be construed as, or used as evidence that, such Buyer Indemnified Party is not entitled to indemnification under this Article 8.
For the avoidance of doubt, nothing in this Section 9(q) shall affect or otherwise interfere with Buyer’s rights under the Representation and Warranty Insurance Policy.
Level 3 security, Ferroglobe Representation & Warranty Insurance Trust with $0 fair value and Alder Biopharmaceuticals Contingent Value Right with $1,445 fair value.
Buyer hereby confirms that the exclusions set forth in the Representation and Warranty Insurance Policy provided to Buyer are reasonably acceptable to Buyer.
PRE-CLOSING COVENANTS AND AGREEMENTS 54 6.1 Further Actions 54 6.2 Operation of the Business 54 6.3 Access and Investigation 56 6.4 Notifications 57 6.5 Financing Cooperation 57 6.6 Exclusivity 59 6.7 Cash 60 6.8 Representations and Warranty Insurance Policy 60 6.9 McKesson Transition 60 6.10 Transition Services Agreement 61 6.11 Intercompany Accounts 61 SECTION 7.
Buyer will not (and will cause its Affiliates to not) amend, modify, terminate or waive any provision concerning the rights of subrogation contained in the Representation and Warranty Insurance Policy or any other provision thereof in a manner materially adverse to Sellers without the prior written consent of the Sellers’ Representative (such consent not to be unreasonably withheld, conditioned or delayed).
As of the date hereof, the Representation and Warranty Insurance Policy is in full force and effect and has not been amended or modified in any manner from the form attached hereto.
Level 3 security, Ferroglobe Representation & Warranty Insurance Trust with $0 fair value and Alder Biopharmaceuticals Contingent Value Right with $120 fair value.
The Representation and Warranty Insurance shall have been purchased and shall be in full force and effect.
The Parent shall have received evidence satisfactory to it that the Seller Parties have obtained representation and warranty insurance for a term of 24 months commencing from the Closing Date in an amount equal to $11,750,000 listing the Buyer Parties as named insured therein (the "Representation and Warranty Insurance").