Examples of W&I Insurer in a sentence
The maximum aggregate liability of the W&I Insurer will not exceed US$500 million and will be subject to a de minimis claim threshold of US$6.3 million.
The W&I Insurance Costs shall be for the account of the Purchaser and the Purchaser shall be solely responsible for the payment of the W&I Insurance Costs, including any insurance premium to the W&I Insurer.
The sole recourse of the Purchaser in respect of any Warranty Claim or Tax Indemnity Claim shall be the W&I Insurer under the W&I Insurance Policy.
To the best of the knowledge, information and belief of the Directors, having made all reasonable enquiries, the Vendor, the Target Group Companies and their respective ultimate beneficial owners, the Escrow Agent, the Vendor’s Solicitors, Pricewaterhouse Coopers, the Mandated Lead Arranger, the WI Insurer and the tenants under the current tenancies of the Target Property, are independent third parties (and not Connected Persons) of Prosperity REIT.
The Seller shall ensure that, as soon as possible after the date of this Agreement, the Data Room provider shall save on three certified USB sticks all documents made available in the Data Room (including written Q&A log) up until 21 December 2023, 23:59h CET, of which one shall be retained by each Party and one shall be retained by the W&I Insurer.