Existing D&O Policy definition

Existing D&O Policy shall have the meaning set forth in Section 6.4(b).
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Existing D&O Policy has the meaning assigned to such term in Section 5.7(b) of the Agreement.
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Existing D&O Policy has the meaning given to it in Article 3.2.4;
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Examples of Existing D&O Policy in a sentence

  • In the event any future annual premiums for the Existing D&O Policy (or any substitute policies) exceed the Maximum Premium, WLT shall be entitled to reduce the amount of coverage of the Existing D&O Policy (or any substitute or “tail” policies) to the amount of coverage that can be obtained for a premium equal to the Maximum Premium.

  • Part 3.19 of the Disclosure Schedule accurately sets forth the most recent annual premium paid by the Company with respect to the Existing D&O Policy.

  • Notwithstanding the foregoing, in order to comply with the foregoing, the Purchaser may substitute for any Existing D&O Policy, a policy or policies providing for the Current Coverage.

  • This Section is intended to benefit each of the current and former directors and officers of WIMLLC covered by the Existing D&O Policy as of the Distribution Date, and shall be enforceable by each such Person and his or her heirs and representatives.

  • The Purchaser shall provide to the Seller a copy of any policy that substitutes the Existing D&O Policy and any substitute policy therefor, promptly after such policy is obtained by the Purchaser.

  • In the event any future annual premiums for the Existing D&O Policy (or any substitute policies) exceed the Maximum Premium, the Surviving Corporation shall be entitled to reduce the amount of coverage of the Existing D&O Policy (or any substitute or “tail” policies) to the amount of coverage that can be obtained for a premium equal to the Maximum Premium.

  • This embraces both their current contexts of care they find themselves in – including their overall social and health situation, access to possible services as well as the underlying policy frameworks – and their preferences and future prospects for an independent life at home.

  • Notwithstanding the foregoing, if the Company in its sole discretion elects, by giving written notice to Parent at least two Business Days prior to the Effective Time, in lieu of the foregoing insurance, the Company may purchase a comparable “tail” or “runoff” extension to the Existing D&O Policy for a period of six years after the Effective Time for a premium not to exceed the Maximum Premium.

  • If any future annual premiums for the Existing D&O Policy (or any substitute policy therefor) exceed the Maximum Premium in the aggregate, then the Surviving Corporation may reduce the amount of coverage of such Existing D&O Policy (or any substitute policy therefor) to the amount of coverage that can be obtained for a premium equal to the Maximum Premium.

  • On 4 April 2005 the prosecutor’s office of the Babushkinskiy District of Moscow ordered the applicant’s release from custody.


More Definitions of Existing D&O Policy

Existing D&O Policy is defined in Section 5.14(b).
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Existing D&O Policy shall have the meaning set forth in Section 3.20(b).
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Existing D&O Policy has the meaning given in paragraph 1.8 of Schedule 2.
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Existing D&O Policy has the meaning given in Clause 8.4;
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Existing D&O Policy is defined in Section 10.5(b).
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Existing D&O Policy has the meaning ascribed thereto in Section 5.8;
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Related to Existing D&O Policy

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • R&W Policy means those certain buyer-side representations and warranties insurance policies purchased by Buyer in connection with this Agreement.

  • Clawback Policy is defined in Section 14.

  • D&O Policies has the meaning set forth in Section 8.06.

  • D&O Tail Policy has the meaning set forth in Section 5.8(c).

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • Tail Policy has the meaning set forth in Section 6.18(b).

  • Permitted Policy Amendment is an amendment, modification, termination or restatement of the Investment Policies, that is either (a) approved in writing by the Administrative Agent (with the consent of the Required Lenders), (b) required by applicable law or Governmental Authority, or (c) not material.

  • Life Insurance Policy has the meaning given in Section 6.10.

  • Master Policy means a single worker’s compensation insurance policy issued by an insurer authorized to do business in this state to an employee leasing company in the name of the employee leasing company that covers more than one client of the employee leasing company.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Investment Policy means the investment policy from time to time determined by the Commission under the Rules;

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Certificate Insurance Policy The Certificate Guaranty Insurance Policy No. AB1094BE, dated the Closing Date, including any endorsements thereto issued by the Certificate Insurer to the Trustee for the benefit of the Holders of the Insured Certificates, a form of which is attached as Exhibit L hereto.

  • life policy means a contract in terms of which a person, in return for a premium, undertakes to -

  • Policy means Related Party Transaction Policy.

  • Mandatory Policies means the following of our business policies and codes:

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.