Continuing Coverage Sample Clauses

Continuing Coverage. 15.6.6. Property Inspections........................................
Continuing Coverage. From the Effective Time and for a period of six years thereafter, Parent and the Surviving Company shall maintain in effect directors’ and officers’ liability insurance covering acts or omissions occurring prior to the Effective Time with respect to those persons who are currently covered by the Company’s directors’ and officers’ liability insurance policy (a copy of which has been heretofore delivered to Parent) on terms with respect to such coverage and amount no less favorable than those of such current insurance coverage; provided, however, that in no event will Parent or the Surviving Company be required to expend in any one year an amount in excess of 300% of the annual premiums currently paid by the Company for such insurance (the “Maximum Premium”); and provided, further, that, if the annual premiums of such insurance coverage exceed such amount, Parent will be obligated to obtain a policy with the greatest coverage available for a cost not exceeding such amount; and provided, further, however, that at Parent’s option in lieu of the foregoing insurance coverage, the Surviving Company or Parent may purchase six-year “tail” insurance coverage that provides coverage identical in all material respects to the coverage described above. Notwithstanding anything herein to the contrary, if two Business Days prior to the Effective Time, Parent has not completed the actions contemplated by the last proviso of the preceding sentence, the Company may, with prior notice to Parent, purchase six-year “tail” insurance coverage that provides coverage identical in all material respects to the coverage described above, provided that the Company does not pay in excess of the Maximum Premium.
Continuing Coverage. 15.6.6. Property Inspections.......................................... Section 15.7
Continuing Coverage. The Subrecipient’s approval of any changes to insurance coverage during the course of performance shall constitute an ongoing condition subsequent to this Contract.
Continuing Coverage. The Company and its ERISA Affiliates are in compliance in all material respects with respect to the "continuation coverage requirement" of "group health plans" as set forth in Section 4980B of the Code and Part 6 of Subtitle B of Title I of ERISA (sometimes referred to as "COBRA") with respect to any Company Benefit Plan maintained by the Company or any ERISA Affiliate to which such continuation coverage requirements apply. The Company and its ERISA Affiliates are in compliance in all material respects with respect to the health insurance obligations imposed by Section 9801 of the Code and Part 7 of Subtitle B of Title I of ERISA with respect to any Company Benefit Plan to which such insurance obligations apply. Neither the Company nor any ERISA Affiliate has contributed to a nonconforming group health plan (as defined in Section 5000(c) of the Code) and no ERISA Affiliate has incurred a Tax under Section 5000(a) of the Code that is or is reasonably expected to become a liability of the Company or an ERISA Affiliate. Other than such health continuation coverage as required by Section 4980B of the Code or Part 6 of Title I of ERISA and except as disclosed in Section 2.20(e) of the Company Disclosure Letter, neither the Company nor any of its Subsidiaries maintains retiree life or retiree health plans providing for continuing coverage for any employee or any beneficiary of an employee after the employee's termination of employment.
Continuing Coverage. Company shall, after the expiration or termination of this Agreement, maintain the insurance coverage described above in Section 0 (hereinafter “Continuing Coverage”). Company may procure such Continuing Coverage by obtaining subsequent policies which have a retroactive date of coverage equal to the retroactive date of the insurance policy in effect as of the Effective Date, by obtaining an extended reporting endorsement, i.e., “tail”, applicable to the insurance coverage maintained pursuant to this Agreement, or by such other reasonable method likely to obtain the same effect.‌
Continuing Coverage. At least thirty (30) days prior to the expiration date of the above policies, documentation showing that the coverage has been renewed or extended shall be filed with Authority. If such coverage is canceled or reduced, Airline shall, within fifteen (15) days of such notice of cancellation or reduction of coverage, file with Authority evidence that the required insurance has been reinstated or provided by another insurance company or companies.‌
Continuing Coverage. 15.6.6. Property Inspections.......................................... Section 15.7 Letters of Credit 15.7.1. Letter of Credit Draws........................................ 15.7.2. Draws in the Event of Servicer Termination....................
Continuing Coverage. The indemnification and the payment of Expense Advances provided under this Agreement shall continue as to Xxxxxx for any action taken or not taken while serving in an indemnified capacity pertaining to an Indemnifiable Event even though Xxxxxx may have ceased to serve in such capacity at the time of any Proceeding.