Off D&O Insurance Clause Samples

Off D&O Insurance. For the avoidance of doubt, any deductibles applicable to a claim under the Run-Off D&O Insurance shall be borne by either the underlying claimant or, if applicable, the relevant member of the Novartis Group or the Sandoz Group (as applicable) that the claimant reported to at the time of the relevant act or omission giving rise to such claim.