Examples of W&I Insurance in a sentence
The Buyer shall provide to the Warrantors’ Representative, concurrently with delivery to the requisite parties under the W&I Insurance Policy, copies of any claim submitted by the Buyer pursuant to the W&I Insurance Policy.
The W&I Insurance Policy shall apply in respect of the conduct following the discovery of any fact, matter, circumstance or event (a) which has given or might give rise to a claim against any of them and which, in turn, has given or might give rise to a Claim under the Tax Indemnity, or (b) for breach of the Tax Warranties, (in both cases a Tax Issue).
The Purchaser confirms that it has entered into the W&I Insurance Policy prior to or as of signing of this Agreement which is the Purchaser's sole recourse in the event of any breach or inaccuracy of any Warranty or under the Tax Indemnity.
Notwithstanding anything herein to the contrary, except for claims arising from fraud, any claims by the Buyer under the W&I Insurance Policy shall be asserted and resolved in compliance with the procedures set forth in the W&I Insurance Policy.
The Purchaser further confirms that the W&I Insurance Policy expressly excludes any rights for the provider(s) of the W&I Insurance Policy to exercise any rights of subrogation against the Seller or any of its Affiliates and Representatives, except in case of fraud or fraudulent misrepresentation.