Insurance definition
Examples of Insurance in a sentence
The Indemnitee shall execute all papers required and take all reasonable action necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to enforce such rights in accordance with the terms of such D&O Insurance.
On the Closing Date and the Option Closing Date, as applicable, the Company has obtained and maintained the Insurance as provided in Section 3.22.
Neither the Company nor any of the Insurance Subsidiaries is subject to any requirement imposed by a Governmental Entity to maintain specified capital or surplus amounts or levels or is subject to any restriction on the payment of dividends or other distributions on its shares of capital stock, except for any such requirements or restrictions imposed by applicable insurance Laws of general application.
Tenant, at Tenant’s expense, shall comply with all rules, orders, regulations or requirements of the American Property Casualty Insurance Association (formerly the American Insurance Association) and with any similar or successor body.
None of the Insurance Subsidiaries is subject to any Order of any insurance regulatory authority, and no insurance regulatory authority has revoked, suspended or limited, or, to the knowledge of the Company, threatened in writing to revoke, suspend or limit, any Permit issued pursuant to applicable insurance Laws to any Insurance Subsidiary.