Newly Acquired Articles Sample Clauses

Newly Acquired Articles. If you acquire any additional articles of the type for which a limit of insurance is shown, we will automatically insure these under this form provided you notify us within 30 days. We will not pay more than $5,000.00 under this extension. Territorial Limits You are covered within the territorial limits of Canada and the Continental United States up to the limits of insurance shown on the Declaration Page.
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Newly Acquired Articles. If you acquire any additional articles of the type for which an Amount of Insurance is shown, we will automatically insure these under this endorsement, provided you notify us within 30 days. We will not pay more than $5,000 under this extension. Reinstatement Any loss or damage shall not reduce the amount of insurance provided by this endorsement. If, following payment of a claim, you acquire any articles to replace those which were lost or damaged, you must tell us within 30 days. All the Statutory and Additional Conditions of the policy also apply to this endorsement. Fine Arts Endorsement We insure your fine arts, listed under Optional Coverages, on the Policy Declarations, against all risk of direct physical loss or damage, subject to the terms and conditions of this endorsement. The words “you” or “your” have the same meaning as in Section I of the policy. We will pay the lesser of:
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Newly Acquired Articles. If you acquire any additional articles of the type for which an Amount of Insurance is shown, we will automatically insure these under this form provided you notify us within 30 days. We will not pay more than $5,000 under this extension. Valued Property – We will pay up to the amount shown for each item. Where a “V” appears beside an item, that article is valued at and insured for the amount shown. Otherwise, scheduled articles are insured for their replacement cost. Any loss or damage shall not reduce the amounts of insurance provided by this form. If, following payment of a claim, you acquire any articles to replace those which were lost or damaged, you must tell us within 30 days.
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Newly Acquired Articles. If you acquire any additional fine arts, we will automatically insure these provided you tell us within 30 days of acquisition. We will not pay more than 25% of the total amount of insurance provided by this form. Packing and Unpacking – The Fine Arts must be packed and unpacked by a competent packer(s). Valued Property – We will pay up to the amount shown for each fine arts item. Each such item is valued at and insured for the amount shown. Any loss or damage shall not reduce the amounts of insurance provided by this form. If, following payment of a claim, you acquire any articles to replace those which were lost or damaged, you must tell us within 30 days. Deductible No deductible applies to this coverage. BOAT AND MOTOR FORM We insure your boat, motor(s), miscellaneous unattached equipment and trailer as defined below and as listed in the Declarations against all risks of direct physical loss or damage subject to the terms and conditions of this form. Definitions
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Newly Acquired Articles. If you acquire any additional equipment, media or software we will automatically insure these under this form provided you notify us within 30 days. We will not pay more than $5,000 under this extension for equipment nor more than $1,000 for media or software. All the statutory and additional conditions of the policy apply to this endorsement. VACANCY PERMIT — FORM 0125‌ In consideration of the additional premium indicated, if any, permission is hereby granted for the building(s) described in the Coverage Summary to be vacant or unoccupied for the period indicated. If the Coverage Summary indicates Vacancy Permit 2/3 Coverage Form, then in case of loss or damage during the term of Vacancy, the liability of the Company shall not exceed TWO-THIRDS of the amount the Company would otherwise be liable for had the property not become vacant. Provided that during such period, the building(s) shall be under the supervision and care of some competent person, and the doors and windows shall be securely closed and all rubbish removed from the building(s); otherwise this policy is null and void. WARNING! PLEASE READ YOUR POLICY, AS CERTAIN PERILS MAY NOT APPLY DURING VACANCY OR UNOCCUPANCY. BUILDING BYLAWS EXTENSION — FORM 0126‌ If the Coverage Summary page indicates that this coverage is included and if there is a loss insured by this policy, we will pay the additional cost of demolition, construction or repair which is required to comply with any law regulating demolition, repair or construction of buildings. We will not pay:
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Newly Acquired Articles. If you acquire any additional sports equipment, we will automatically insure these provided you tell us within 15 days of acquisition. Under this extension we will not pay more than 25% of the total amount of insurance provided by this form. All the statutory and additional conditions of the policy apply to this Floater. BICYCLE FLOATER — FORM 7812‌ PROPERTY INSURED We insure only your bicycles that are specifically described in the Coverage Summary Page. If your personal property is insured under Coverage C of Section 1 of this policy, then “Replacement Cost Cover”, as described in the Basis of Claim Payment – Property section, will apply to your property insured under this Floater. PROPERTY NOT INSURED
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Newly Acquired Articles. If you acquire any additional fine arts, we will automatically insure these provided you tell us within 30 days of acquisition. Under this extension we will not pay more than 25% of the total amount of insurance provided by this floater. Packing and Unpacking: The fine arts must be packed and unpacked by competent packers.
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Newly Acquired Articles. Temporary Cover - Fine Arts If y ou acquire any additional articles of a ty pe already scheduled under this endorsement, we will automatically cov er these articles f or a period of 30 day s f rom the date of the acquisition but not exceeding the expiry date of the policy to which this endorsement is attached. You must report the newly acquired property to us within this same 30 days and pay the additional premium from the date acquired. Under this extension of cov er, we will not pay more than 25% of the total amount of insurance prov ided by this endorsement , or $50,000 whichev er is the lesser. We also reserv e the right not to continue the insurance of the newly acquired property bey ond the 30 day period. Special Condition if Fine Arts are Move Should the f ine arts be cov ered in transit, it is then a condition that they must be packed and unpacked by competent packers.
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Related to Newly Acquired Articles

  • Closing Transactions On the terms and subject to the conditions set forth in this Agreement, the following transactions shall occur in the order set forth in this Section 2.1:

  • Pre-Closing Transactions Prior to the purchase of the Initial Securities on the Closing Date, the Pre-Closing Transactions shall have been duly consummated at the respective times and on the terms contemplated by this Agreement, the General Disclosure Package and the Prospectus and the Representatives shall have received such evidence that the Pre-Closing Transactions have been consummated as the Representatives may reasonably request.

  • Pre-Closing Reorganization Within 90 days following the date of this Agreement, Seller Parent shall deliver to Buyer Parent a draft Pre-Closing Reorganization Plan. Pursuant to the principles set forth on Exhibit C and upon the terms and subject to the conditions set forth in this Agreement (it being understood that in the event of any inconsistencies or conflicts between the terms of this Agreement and the terms set forth on Exhibit C, the terms of this Agreement shall prevail, except to the extent the Parties have mutually agreed otherwise in writing), between the date hereof and the Closing: (x) Seller Parent and Buyer Parent shall use their reasonable efforts to agree a definitive steps plan for the sale and purchase of the Business, in accordance with the Pre-Closing Reorganization Plan, cooperating in good faith with respect to the transactions set forth in such steps plan; and (y) Seller Parent shall, and shall cause its Affiliates, as applicable, to, take such steps as are required to effect the Pre-Closing Reorganization in compliance in all respects with the terms of Exhibit C. The Parties agree to work together in good faith to finalize and implement the Pre-Closing Reorganization Plan in a mutually acceptable manner. Each of Buyer Parent and Seller Parent shall, upon request by the other, furnish the other with all information reasonably requested in connection with the Pre-Closing Reorganization Plan concerning itself, the Pre-Closing Reorganization Plan and such other matters as may be reasonably necessary or advisable. Seller Parent shall make any modification to the steps plan referred to in clause (x) of the previous sentence and the Pre-Closing Reorganization that is reasonably requested by Buyer Parent (“Buyer-Requested Modifications”). The details of and the implementation of the Pre-Closing Reorganization Plan will be controlled by Seller Parent after full consideration to the views of Buyer Parent. Unless a different timing is called for in the Pre-Closing Reorganization Plan, the Seller Parent shall commence all necessary steps to implement the Pre-Closing Reorganization Plan no later than the seventh Business Day prior to the Closing and shall complete the Pre-Closing Reorganization Plan by no later than the third Business Day prior to the Closing.

  • Liquidations, Mergers, Consolidations, Acquisitions Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, dissolve, liquidate or wind-up its affairs, or become a party to any merger or consolidation, or acquire by purchase, lease or otherwise all or substantially all of the assets or capital stock of any other Person, provided that

  • Restructuring Transactions On the Effective Date, the Debtor, Newco, GP, Finance Co and Merger Co shall enter into the Consensual Transaction described in Section 3 of the Implementation Plan attached to the Transaction Support Agreement as Exhibit B. On the later of the Effective Date and the Merger Date, the Debtor and Merger Co will enter into a merger agreement under which the Debtor will merge with Merger Co, and following the merger, the Debtor will be the surviving and successor entity. The actions to implement this Plan and the Implementation Plan may include, in accordance with the consent rights in the Transaction Support Agreement: (a) the execution and delivery of appropriate agreements or other documents of merger, amalgamation, consolidation, restructuring, conversion, disposition, transfer, arrangement, continuance, dissolution, sale, purchase, or liquidation containing terms that are consistent with the terms of the Plan and the Transaction Support Agreement and that satisfy the applicable requirements of applicable law and any other terms to which the applicable Entities may agree; (b) the execution and delivery of appropriate instruments of transfer, assignment, assumption, or delegation of any asset, property, right, liability, debt, or obligation on terms consistent with the terms of the Plan and the Transaction Support Agreement and having other terms for which the applicable parties agree; (c) the filing of appropriate certificates or articles of incorporation, reincorporation, merger, consolidation, conversion, amalgamation, arrangement, continuance, or dissolution pursuant to applicable state or provincial law; (d) the execution and delivery of contracts or agreements, including, without limitation, transition services agreements, employment agreements, or such other agreements as may be deemed reasonably necessary to effectuate the Plan in accordance with the Transaction Support Agreement; and (e) all other actions that the applicable Entities determine to be necessary, including making filings or recordings that may be required by applicable law in connection with the Plan.

  • Merger, Consolidation, Acquisition and Sale of Assets (a) Enter into any merger, consolidation or other reorganization with or into any other Person or acquire all or a substantial portion of the assets or stock of any Person or permit any other Person to consolidate with or merge with it.

  • Mergers, Acquisitions, Etc Merge or consolidate with any other entity or acquire all or a material part of the assets of any person or entity, or form or create any new Subsidiary or affiliate, or commence operations under any other name, organization, or entity, including any joint venture.

  • Adjustments for Consolidation, Merger, Sale of Assets, Reorganization, etc In case the Company (a) consolidates with or merges into any other corporation and is not the continuing or surviving corporation of such consolidation of merger, or (b) permits any other corporation to consolidate with or merge into the Company and the Company is the continuing or surviving corporation but, in connection with such consolidation or merger, the Common Stock is changed into or exchanged for stock or other securities of any other corporation or cash or any other assets, or (c) transfers all or substantially all of its properties and assets to any other corporation, or (d) effects a capital reorganization or reclassification of the capital stock of the Company in such a way that holders of Common Stock shall be entitled to receive stock, securities, cash and/or assets with respect to or in exchange for Common Stock, then, and in each such case, proper provision shall be made so that, upon the basis and upon the terms and in the manner provided in this subsection 7(a)(iii), the Registered Holder, upon the exercise of this Warrant at any time after the consummation of such consolidation, merger, transfer, reorganization or reclassification, shall be entitled to receive (at the aggregate Exercise Price in effect for all shares of Common Stock issuable upon such exercise immediately prior to such consummation as adjusted to the time of such transaction), in lieu of shares of Common Stock issuable upon such exercise prior to such consummation, the stock and other securities, cash and/or assets to which such holder would have been entitled upon such consummation if the Registered Holder had so exercised this Warrant immediately prior thereto (subject to adjustments subsequent to such corporate action as nearly equivalent as possible to the adjustments provided for in this Section).

  • Mergers, Acquisitions, Sales, etc The Borrower will not be a party to any merger or consolidation, or purchase or otherwise acquire all or substantially all of the assets or any stock of any class of, or any partnership or joint venture interest in, any other Person, or, sell, transfer, convey or lease all or any substantial part of its assets, or sell or assign with or without recourse any Loan, Contracts, Related Security or other Collateral or any interest therein (other than pursuant to and in accordance with the Transaction Documents).

  • Consolidation and Merger; Asset Acquisitions The Borrower will not consolidate with or merge into any Person, or permit any other Person to merge into it, or acquire (in a transaction analogous in purpose or effect to a consolidation or merger) all or substantially all the assets of any other Person.

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