Common use of Before Completion Clause in Contracts

Before Completion. The Vendor undertakes that from Completion the Companies shall (at no cost to themselves) be Insureds under, subject to and as defined in the Liability Insurance Policies for the purposes of the entitlement in Clause 15(B) to make notifications and claims under those Liability Insurance Policies in respect of any occurrence (for the purposes of the entitlement in Clause 15(B)) which arose prior to Completion. Any such notification and claim shall be subject to the terms, conditions and limits of those Liability Insurance Policies.

Before Completion. The Vendor undertakes that from Completion the Companies shall (at no cost to themselves) be Insureds under, subject to and as defined in the Liability Insurance Policies for the purposes of the entitlement in Clause CLAUSE 15(B) to make notifications and claims under those Liability Insurance Policies in respect of any occurrence (for the purposes of the entitlement in Clause CLAUSE 15(B)) which arose prior to Completion. Any such notification and claim shall be subject to the terms, conditions and limits of those Liability Insurance Policies.