D&O Cap definition
Examples of D&O Cap in a sentence
Error 1 during DO Zero calibration usually indicates that the DO Cap needs replacing.
Caution: The inside of the DO Cap is very sensitive to light and can be ruined (bleached) if it is exposed to bright light for any length of time.
The DO Cap contains a lens, which is coated with an oxygen sensitive luminophore, which is in turn coated with a black rubber compound that provides optical isolation but is permeable to oxygen.
The Company shall have the right, prior to the Effective Time, to purchase a six-year prepaid “tail policy” on terms and conditions providing at least substantially equivalent benefits as the applicable policies of directors’ and officers’ liability insurance maintained by the Company and its Subsidiaries with respect to matters existing or occurring prior to the Effective Time, covering without limitation the Transactions, subject to the D&O Cap.
Remove the new DO Cap from its light-proof bag and quickly screw it onto the end of the DO/EC electrode.
If that does not cure the problem, replace the DO Cap (see Replacing the DO Cap in Section 12).
Unscrew the DO Cap from the end of the DO/EC electrode by rotating it anti- clockwise.
If the Company and the Surviving Corporation cannot obtain such “tail” insurance policies as of the Effective Time for less than the D&O Cap, the Company and the Surviving Corporation shall obtain a “tail” insurance policy providing benefits and levels of coverage that are available for the amount of the D&O Cap.
Error 01 Full re-calibration required or DO Cap needs replacing See note 1 below.
The luminophore within the DO Cap will eventually need replacing as it is a consumable item.