Applicable Insurance definition

Applicable Insurance means all primary and excess liability insurance policies, including any environmental liability insurance, that the Debtors have asserted or could assert provides coverage to the Debtors (including any of their predecessors in interest) for losses or liabilities relating to environmental releases or contamination with respect to the Environmental Remediation Property.

Applicable Insurance has the meaning set out in Section 6.11(a).

Applicable Insurance means insurance underwritten by an insurer in an arms' length transaction and in the ordinary course of such insurer's business, which covers claims of the type that the Fund or third parties could assert against the Administrator related to this Agreement and the services provided hereunder.

Examples of Applicable Insurance in a sentence

• The Environmental Response Trust shall become the legal successor-in-interest to and shall succeed to all of the Debtors’ rights, title, and interest in all rights, claims, proceeds, and recoveries under or relating to the Applicable Insurance to the greatest extent permitted by law.

• On the Effective Date, the Debtors shall transfer and assign to the Environmental Response Trust, by and through Le Petomane XXIX, Inc., not individually but solely in its representative capacity as Environmental Response Trustee, their rights, claims, proceeds, and recoveries under or relating to Applicable Insurance to the greatest extent permitted by applicable law.

• Each Life Insurance Subsidiary owns assets that qualify as admitted assets under Applicable Insurance Laws in an amount at least equal to the sum of all such reserves and liability amounts and its minimum statutory capital and surplus as required by Applicable Insurance Laws.

• The Debtors and the Liquidating Trust shall retain no rights or interests whatsoever in the Applicable Insurance.

• The Government Agency Non-Owned Site Beneficiaries and Third Party Beneficiaries shall hold a beneficial interest only in the distribution of payments or proceeds on claims under or relating to the Applicable Insurance consistent with the terms of this Environmental Response Trust Agreement.

More Definitions of Applicable Insurance

Applicable Insurance means any liability insurance policy, including but not limited to any environmental liability insurance, that the Debtors have asserted or could assert provides the Debtors (including Vertellus Specialties, Inc., and any other predecessor in interest) coverage for losses or liabilities relating to environmental releases or contamination with respect to any of the Debtors’ properties or any properties that were formerly owned or operated by any of the Debtors or their predecessors in interest, or the Xxxxx Avenue Superfund Site, which shall be limited to those Applicable Insurance policies set forth on Appendix A hereto. For the avoidance of doubt, “Applicable Insurance” does not include the “D & O Insurance Policies.”

Applicable Insurance means all insurance available to provide indemnity coverage for

Applicable Insurance has the meaning set forth in Section 5.05(a).

Applicable Insurance means HSA’s business premises.

Applicable Insurance means the AEGIS Excess Liability Insurance -------------------- Policy (Policy No. X0195A1A05), or if the Closing occurs after January 31, 2006, the renewal of such policy on substantially the same coverages, terms and conditions, in either case, as modified by the discovery clause endorsement contemplated by Section 7.10(e).

Applicable Insurance has the meaning set forth in Section 9.2(b).

Applicable Insurance means the AEGIS Excess Liability Insurance --------------------- Policy (Policy No. X0195A1A05), or if the Closing occurs after January 31, 2006, the renewal of such policy on substantially the same coverages, terms and conditions, in either case, as modified by the discovery clause endorsement contemplated by Section 7.10(e).