Examples of Current Insurance Policies in a sentence
Purchaser further hereby acknowledges and agrees that no historic insurance coverage provided by or to Sellers, including the Current Insurance Policies, shall be available to Purchaser or Sellers after Closing, with the exception of insurance coverage required by statute or law and, in such limited instances only to the extent that the policies provide such historical coverage.
In the event that Seller shall become aware of any fact, event or circumstance (other than a fire or other casualty loss, which Seller shall address in accordance with Section 7.05(b)) arising after the date of this Agreement and prior to the Closing in respect of which a claim may be made under the Current Insurance Policies, Seller shall (i) file a claim in respect of such event or circumstance and (ii) have such claim paid prior to the Closing.
Schedule 5.6- Insurance List of Current Insurance Policies General Liability Automobile Workers’ Compensation Umbrella Liability Property Foreign Liability Directors and Officers Liability Exhibit A Letter of Credit Exhibit B Notice of Borrowing Date: _________________ To: Bank of China, New York Branch 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Ladies and Gentlemen: The undersigned HOKU CORPORATION and HOKU MATERIALS, INC.
The insurance coverage provided by the Current Insurance Policies is in such amounts, with such deductibles, against such risks and losses, and provides such coverage any Purchased Subsidiary or any of their Subsidiaries have agreed to carry under any Material Contract to address its obligations under such Material Contract.
As of the date of this Agreement, unless otherwise noted on Schedule 3.15(a), to Seller’s knowledge, each of the Current Insurance Policies is in full force and effect, all premiums due and payable thereon have been paid in full and each Purchased Subsidiary and their Subsidiaries, as applicable, is in compliance in all material respects with the terms and conditions of such Current Insurance Policies.
Each Security Provider must ensure that all aspects of the Current Insurance Policies are maintained.
All such Current Insurance Policies are in full force and effect, and neither the Company nor any Subsidiary is in material default with respect to any of its obligations under such insurance policies.
The insurance certificates provided by the Contributor Representative to MacKenzie OP (the “Insurance Certificates”) attached hereto as Exhibit F and incorporated herein by reference are true, accurate and complete copies of the certificates of insurance evidencing the Current Insurance Policies, and such certificates evidence all insurance policies held by Property Owner with respect to the Property.
Waeger, Current Insurance Policies for Insuring Against Environmental Risks, in ENVIRONMENTAL INSURANCE: PAST, PRESENT, AND FUTURE 265, 273-83 (A.L.I.-A.B.A. Course of Study, June 13-14, 2002), WL SH090 ALI-ABA 293 (discussing the coverage of various available insurance policies).
Currently the budget makes no provision for the interest costs of the borrowing.