R&W Insurance definition

R&W Insurance means the insurance coverage provided pursuant to the R&W Insurance Policy.

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R&W Insurance means the insurance coverage provided pursuant to a buyer-side representation and warranty insurance policy that is summarized in that certain policy, effective as of the date hereof, by and between AIG Specialty Insurance Company and Parent.

R&W Insurance means any representation and warranty insurance payable issued to any Loan Party, including pursuant to the Buyer-Side Representations and Warranties Insurance Policy (Policy Number: 017551146) dated the Closing Date provided by AIG Specialty Insurance Company to BlueLinx with respect to the Cedar Creek Acquisition or such other representation and warranty insurance issued to a Loan Party.

Examples of R&W Insurance in a sentence

Notwithstanding anything to the contrary in this Agreement, to the extent any matter is covered by the R&W Insurance Policy, Sellers’ aggregate liability under any legal theory (including indemnification, breach of contract, or otherwise) shall not exceed 50% of the Retention.
The Purchaser Indemnified Parties may not make a claim for indemnification under Section 8.1(a) for Purchaser Losses unless and until the aggregate amount of Purchaser Losses for which the Purchaser Indemnified Parties are entitled to seek Indemnification under Sections 8.1(a) exceeds the Retention then in effect under the R&W Insurance Policy (the “Deductible”), and Sellers shall have no liability for any portion of Purchaser Losses below such Deductible.
Sellers shall cooperate with Purchaser’s efforts and provide assistance as reasonably requested by Purchaser to obtain the R&W Binder Agreement and the R&W Insurance Policy.
For the avoidance of doubt, the Purchaser Indemnified Parties’ rights to recover under the R&W Insurance Policy shall not be conditioned upon, reduced by, or otherwise limited by any recovery or right of recovery against Sellers under this Article VII or otherwise.
In connection with such insurance recovery the Purchaser Indemnified Parties shall each be responsible for the R&W Insurance deductible amount.

More Definitions of R&W Insurance

R&W Insurance means the insurance coverage provided pursuant to the buyer-side representation and warranty insurance policies as set forth in (i) that certain policy, effective as of the date hereof, by and between Euclid Transactional, LLC and White Mountains Catskill Holdings, Inc. and (ii) that certain policy, effective as of the date hereof, by and between Great American E&S Insurance Company and White Mountains Catskill Holdings, Inc., attached hereto as Exhibit H and Exhibit I, respectively.

R&W Insurance means the policy issued pursuant to that certain Buyer-Side Representations and Warranties Insurance Binder dated as of the date hereof between Buyer and AIG Specialty Insurance Company.

R&W Insurance has the meaning ascribed to it in Clause 1.3.

R&W Insurance means the representation and warranty insurance policy to be obtained by the Buyer pursuant to Section 6.6 above.

R&W Insurance means the buy-side representations and warranties insurance policy underwritten by Liberty Surplus Insurance Corporation and issued to the Purchaser in connection with this Agreement and the transactions contemplated hereby.

R&W Insurance means that certain binding representations and warranties insurance policy for the benefit of Buyer and Buyer’s Affiliates issued as of the Closing Date by Illinois Union Insurance Company, a copy of which has been provided to the Shareholders’ Representative.

R&W Insurance means an insurance policy which may be acquired by Buyer on or prior to the Closing Date, naming Buyer as the insured, which policy insures Buyer for breaches of the representations and warranties given by Seller or the Company under this Agreement.