Current D&O Policy definition

Current D&O Policy has the meaning set forth in Section 6.05(c).
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Current D&O Policy has the meaning set forth in Section 4.9(b).
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Examples of Current D&O Policy in a sentence

  • The Company agrees that, until at least December 31, 2004, Employee shall continue to be covered by the Company's directors and officers liability insurance policies (the "Current D&O Policy") to the extent he would otherwise be eligible for such coverage under such policies prior to the date hereof.

  • For the period of six (6) years from and after the Effective Time, Parent shall not, and shall cause the Surviving Corporation not to, cancel, amend or otherwise limit the D&O Tail or the Current D&O Policy.

  • The Company agrees to provide Indemnitee with a copy of the Current D&O Policy, and to notify Indemnitee, or to cause the insurance company to notify Indemnitee, of cancellation of or changes to the Current D&O Policy.

  • The run-off policy provides continuing liability coverage, equivalent as to limits, deductibles and other features to the Current D&O Policy, for claims made against the Pre-Closing Indemnitees during the six (6) years following the Closing Date for actions taken by or omitted to be taken by them prior to the Closing Date.

  • The D&O Tail purchased by the Company shall provide such directors and officers with coverage for six (6) years from and after the Effective Time with respect to acts or omissions occurring at or prior to the Effective Time and shall contain terms and coverage amounts at least as favorable as the terms and coverage amounts of the Current D&O Policy.

  • The Run-Off Policy will provide continuing liability coverage, equivalent as to limits, deductibles and other features to the Current D&O Policy, for claims made against the Pre-Closing Indemnitees during the six (6) years following the Closing Date for actions taken by or omitted to be taken by them prior to the Closing Date.

Related to Current D&O Policy

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • R&W Policy means those certain buyer-side representations and warranties insurance policies purchased by Buyer in connection with this Agreement.

  • D&O Tail Policy has the meaning set forth in Section 5.8(c).

  • D&O Policies has the meaning set forth in Section 8.06.

  • Life Insurance Policy has the meaning given in Section 6.10.

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Tail Policy has the meaning set forth in Section 6.18(b).

  • Policy means Related Party Transaction Policy.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Blanket insurance policy means a group policy covering a defined class of

  • Master Policy means a single worker’s compensation insurance policy issued by an insurer authorized to do business in this state to an employee leasing company in the name of the employee leasing company that covers more than one client of the employee leasing company.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • Investment Policy means the investment policy from time to time determined by the Commission under the Rules;

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.

  • Clawback Policy is defined in Section 14.