Seller’s Group Insurance Policies definition

Seller’s Group Insurance Policies means insurance policies subscribed by a member of the Seller's Group providing coverage to any of the Group Companies, their activities, employees or assets, in each case prior to Closing;
Seller’s Group Insurance Policies means all insurance policies (whether under policies maintained with third party insurers or any member of the Seller’s Group) maintained by the Seller or any member of the Seller’s Group in relation to the Business or under which, immediately prior to Closing, the Seller or any member of the Seller’s Group in relation to the Business is entitled to any benefit, and “Seller’s Group Insurance Policy” means any one of them;
Seller’s Group Insurance Policies means all insurance policies, other than Target Group Insurance Policies, maintained by the Seller or any member of the Seller’s Group in relation to the Group or under which, immediately prior to Closing, any Group Company is entitled to any benefit, and “Seller’s Group Insurance Policy” means any one of them;

Examples of Seller’s Group Insurance Policies in a sentence

  • The persons who shall be eligible to receive Grants shall be outside consultants, professionals and service providers who provide services to the Company in connection with, among other things, the Company's obligations as a publicly-held reporting company.

  • Without prejudice to the generality of this Clause 5, between the date of this Agreement and Closing, each Seller shall and shall procure that the relevant member of that Seller’s Group shall maintain in force all its Target Group Insurance Policies and all Seller’s Group Insurance Policies for the benefit of its Target Group.

  • Without prejudice to the generality of Clause 5.1.1, between the date of this Agreement and the relevant Closing the Seller shall and/or shall procure that the relevant members of the Seller’s Group shall maintain in force all Target Group Insurance Policies and all Seller’s Group Insurance Policies inter alia for the benefit of the relevant Group Companies.

  • Effective leadership is sometimes difficult to define since it is built upon many variables and characteristics influencing the way it is measured as effective or ineffective.

  • Except for the Seller’s Group Insurance Policies, the Target Group Insurance Policies are in full force and effect and shall not be terminated on Closing.


More Definitions of Seller’s Group Insurance Policies

Seller’s Group Insurance Policies means all insurance policies (whether under policies maintained with third party insurers or any member of the Seller’s Group), other than Target Group Insurance Policies, maintained by the Seller’s Group under which, immediately prior to the Closing Date, any G4Si Group Company is entitled to any benefit, and
Seller’s Group Insurance Policies means all insurance policies (whether under policies maintained with third party insurers or any member of the Seller’s Group), other than Target Group Insurance Policies, maintained by the Seller’s Group under which, immediately prior to the Closing Date, any Group Company is entitled to any benefit, and “Seller’s Group Insurance Policy” means any one of them; “Seller’s Lawyers” means Linklaters LLP of One Silk Street, London EC2Y 8HQ, United Kingdom;
Seller’s Group Insurance Policies means all insurance policies maintained by the Sellers’ Group with third party insurers, other than Group Company Insurance Policies, under which, 8 | Page Privileged and Confidential Project Sapphire Share Purchase Agreement
Seller’s Group Insurance Policies means all insurance policies (whether under policies maintained with third party insurers orany member of the Seller’s Group) maintained by the Seller or any member of the Seller’s Group in relation to the Company or under which, immediately prior to the Completion Date, the Company is entitled to any benefit, and “Seller’s Group Insurance Policy” means any one of them;
Seller’s Group Insurance Policies means the material insurance policies of the Seller’s Group (whether such policies are maintained with third party insurers or with other members of the Seller’s Group) which relate to the Business or the Target Companies (and any renewals or replacement of such policies). 18.2 From the date of this Agreement until (and including) the Completion Date, the Seller shall (and shall procure that the relevant members of the Seller’s Group shall) maintain in force and comply with the Seller’s Group Insurance Policies in all material respects (including, where required, notifying the insurer of the Proposed Transaction) on the same terms and with a similar level of cover to that prevailing at the date of this Agreement for the benefit of the Target Companies. 18.3 If any insured event occurs before Completion of which the Seller becomes aware before Completion in relation to any Target Company or the Business, the Seller shall, provided that to do so would be consistent with the Seller’s past practice, give notice to the relevant insurer in accordance with the terms of the relevant Seller’s Group Insurance Policy and shall use all reasonable efforts to make recovery under the relevant policy prior to Completion. To the extent that such recovery is made prior to the Completion Date, the Seller shall ensure that the proceeds are dealt with in accordance with procedures normally observed by the Business. 18.4
Seller’s Group Insurance Policies means the insurance policies subscribed to by the Seller or any of its Affiliates (other than a Target Entity), under which any Target Entity or any of its assets, operations or business or any director, corporate officer or employee of any Target Entity (by virtue of such function) is totally or partially insured;
Seller’s Group Insurance Policies means insurance policies taken out by members of the Sellers’ Group and “Sellers’ Group Insurance Policy” shall be construed accordingly;