Preservation of Insurance. The Plan shall not diminish or impair the enforceability of any insurance policy, right or claim that may cover Claims against the Debtor (including, without limitation, its officers or directors) or any other person or entity. Likewise, the Plan and Confirmation Order shall not impair any insurance carrier’s rights, claims, defenses or disputes under any policy and shall not act to increase or extend any rights of the Debtor or the carriers. The insurance policies maintained by the Debtor shall be maintained as an expense of the Reorganized Debtor until the later of (a) expiration of such policies or (b) such later dates as the Reorganized Debtor may deem appropriate.
Preservation of Insurance. The Debtor's discharge and release from Claims as provided in the Plan, except as necessary to be consistent with this Plan, do not diminish or impair the enforceability of any insurance policy that may cover Claims against the Debtor or any other Person.
Preservation of Insurance. The Debtors' discharge and release from all Claims as provided in this Plan shall not diminish or impair the enforceability of any insurance policy that may cover claims by or against the Debtors (including, without limitation, their officers or directors) or any other Person or Entity. The Debtors shall maintain, extend and/or purchase directors and officers liability coverage on substantially the same terms and conditions as in effect as of the Confirmation Date, on a claims made basis, for all acts and occurrences prior and subsequent to the Effective Date, on terms satisfactory to Reorganized Xxxxxxxxx.
Preservation of Insurance. For the avoidance of doubt, notwithstanding anything herein to the contrary, nothing in this Agreement, including any releases set forth above, shall diminish, reduce, limit, impact or impair the enforceability of any insurance policies or other policies of insurance that may cover claims against Exxxxxx, including, without limitation, any claims of Exxxxxx for insurance coverage or claims of Exxxxxx under any policies of insurance solely as to parties other than the OSG Parties, the Debtors, the Reorganized Debtors, or the Administrative and Disputed Claims Agent.
Preservation of Insurance. Seller shall at all times maintain in full force and effect all insurance held by Seller on or in respect of the Property in the full amounts in effect as of the Effective Date.
Preservation of Insurance. To the extent the Company maintains any current or future directors’ and officers’ liability insurance or executive risk policies including any related excess insurance policies. Indemnitee, for as long as Indemnitee is an officer or director of the Company, shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any other Company director or officer.
