W&I Policy definition

W&I Policy means any warranty and indemnity insurance policy issued in favour of the Buyer on or following the date of this Agreement in respect of the transactions contemplated by this Agreement (the cost of such policy being wholly for the account of the Buyer);

W&I Policy means the buyer-side warranty and indemnity insurance policies issued or to be issued by the Insurer to Kyoto Solar Plant L.P. as named insured.

W&I Policy means the insurance policy subscribed on or about the Put Option Date by the Purchaser with the W&I Insurer in respect of the representations and warranties made by the Sellers to the Purchaser hereunder; and

Examples of W&I Policy in a sentence

• The Buyer shall only be entitled to seek recovery of its damages and compensation from the Sellers in respect of any Title Warranty Claim for any amounts not recovered under the W&I Policy and excluding the amount of any deductible or excess under the W&I Policy.

• Notwithstanding the foregoing, all rights and claims under the W&I Policy are subject to the terms and conditions thereof and are not subject to the limitations set forth in this Section 9.1(b).

• Each Insurer’s liability under the W&I Policy is several, and not joint with any other Insurer, and the obligations of each Insurer are limited to the extent of its share percentage of loss as set out in the W&I Policy.

• The W&I Policy On 2 December 2021, abrdn as the named insured entered into a warranty and indemnity insurance policy (the “W&I Policy”) with Euclid Transactional UK Limited as underwriting representative (the “Underwriting Representative”) for Swiss Re International SE – UK Branch and SCOR UK Company Limited as insurers (the “Insurers”).

• The W&I Policy includes certain customary exclusions for a policy of this nature, including, among other things, general exclusions for any losses caused by or arising out of: (i) inadequacy of regulatory capital;(ii) financial mis-selling; (iii) cyber breaches; (iv) secondary tax liabilities; (v) non-availability of tax assets;(vi) transfer pricing liabilities; and (vii) breaches of sanctions legislation.

More Definitions of W&I Policy

W&I Policy means any warranty and indemnity insurance policy taken out by the Buyer in connection with the protection of the Buyer against breaches of the Warranties and claims under the Tax Covenant.

W&I Policy means the buyer side warranty and indemnity insurance policy in the agreed terms;

W&I Policy means that certain warranty and indemnity insurance policy to be issued prior to the Closing Date by ANV in favor of the Purchaser or the Designee and relating to the Sellers’ Warranties and Spig Holding’s Warranties.

W&I Policy means the warranty and indemnity insurance policy concerning the Transaction issued by the W&I Insurer in favour of the Purchaser.

W&I Policy means the warranty and indemnity policy to be taken out by the Purchaser at its own cost and for its own benefit for the purposes of the Warranties;

W&I Policy means the warranty and indemnity policy underwritten by Chartis Insurance UK Limited acquired by the Buyer on the date of this agreement in respect of any Claim; and

W&I Policy means: (i) the policy of insurance between Hunter George & Partners Limited (as coverholder for the Underwriters (as defined therein)) (the “W&I Insurer”) and the Purchaser dated on the date hereof with policy number HG14WI107 relating to the Transaction; and (ii) the Excess Policies;