D&O Insurance definition

D&O Insurance has the meaning set forth in Section 5.10(c).

D&O Insurance means any valid directors' and officers' liability insurance policy maintained by the Company for the benefit of the Indemnitee, if any.

D&O Insurance has the meaning set forth in Section 6.7(c) of this Agreement.

Examples of D&O Insurance in a sentence

• No provision of this Agreement is intended to confer any rights, benefits, remedies, obligations, or liabilities hereunder upon any Person other than the parties hereto and their respective successors and assigns except for the D&O Indemnified Parties and their respective heirs and Representatives, which shall be express third-party beneficiaries of, and shall be entitled to enforce Section 9.06 (Indemnification; D&O Insurance).

• However, the Surviving Corporation will not be required to pay an annual premium for the D&O Insurance in excess of 300% of the last annual TABLE OF CONTENTS premium paid prior to the date of the Merger Agreement, but in such case shall purchase coverage as favorable to the insured persons as is available for such amount as long as such substitution does not result in gaps or lapses of coverage with respect to matters occurring at or prior to the Effective Time.

• If, at the time of the receipt of a notice of the commencement of a proceeding pursuant to Section 7.1 hereof, the Company has D&O Insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective policies.

• If, at the time of the receipt of a notice of a claim pursuant to the terms hereof, the Company has D&O Insurance in effect or otherwise potentially available, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective policies.

• Notwithstanding the foregoing, the Company shall not be obligated to indemnify the Indemnitee for expenses or liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA excise taxes or penalties and amounts paid in settlement) to the extent such have been paid to the Indemnitee by D&O Insurance.

More Definitions of D&O Insurance

D&O Insurance means the directors' and officers' liability insurance issued by the insurer(s), and having the policy number(s), amount(s) and deductible(s) set forth on Exhibit A hereto and any replacement or substitute policies issued by one or more reputable insurers providing in all respects coverage at least comparable to and in the same amount as that provided under the policy or policies identified on Exhibit A.

D&O Insurance means directors' and officers' liability insurance.

D&O Insurance means a policy or policies of the directors' and officers' liability insurance issued to the Company and its directors and officers.

D&O Insurance shall have the meaning set forth in Section 8.22.

D&O Insurance. Section 5.8(c) “DGCL” Recitals

D&O Insurance has the meaning given to it in clause 8.2.1;

D&O Insurance has the meaning set forth in Section 3.14.