Details on Policies Clause Samples
Details on Policies. In respect of the insurances referred to in paragraph 12.1:
12.2.1 all premiums have been duly paid to date;
12.2.2 such insurances are in full force and effect and have not been voided by the relevant insurers;
12.2.3 no Seller has received any notification that such insurances are not valid or enforceable; and
12.2.4 all statutory requirements to purchase insurance have been complied with by the Group Companies including any statutory requirements to keep evidence of such insurance.
Details on Policies. In respect of the insurances referred to in paragraph 12.1:
Details on Policies. In respect of the insurances referred to in paragraph 11.1 all premiums have been duly paid to date and such insurances are valid and enforceable.
Details on Policies. In respect of each of the insurances referred to in paragraph 13.1 above:
13.2.1 it is valid and enforceable and is not void or voidable;
13.2.2 the relevant Group Company has not done anything or omitted to do anything which might:
(a) make any of the insurance policies void or voidable; or
(b) prejudice the ability to effect insurance on the same or better terms in the future;
13.2.3 all premiums have been duly paid to date;
13.2.4 no Group Company has received any written notification that such insurances are not valid or enforceable;
13.2.5 to each Warrantor’s knowledge, there are no special or unusual limits, terms, exclusions or restrictions in any of such policies;
13.2.6 to each Warrantor’s knowledge, the premiums payable are not in excess of the normal rates; and
13.2.7 the relevant Group Company has not done anything or omitted to do anything, and there is nothing, which might result in an increase in the premium payable under any such policies.
Details on Policies. So far as the Sellers are aware, in respect of the insurances referred to in paragraph 11.1 of this Schedule 5:
11.2.1 all premiums have been duly paid to date;
11.2.2 each is valid and enforceable and is not void or voidable and the Sellers have not received any notification that such insurances are not valid or enforceable;
11.2.3 there are no circumstances which might lead to the insurers avoiding any liability under them;
11.2.4 there is nothing that could vitiate any of the policies; and
11.2.5 all events, acts or omissions that have occurred and which are covered by a Group Insurance Policy or a Seller Insurance Policy have been notified to the relevant insurers.
Details on Policies. In respect of the insurances referred to in paragraph 10.1 of this Schedule 12:
10.2.1 where required, all premiums have been duly paid to date; and
10.2.2 no material claims are outstanding and, so far as the Transferors are aware, no event has occurred which might give rise to any claim; and
10.2.3 all such policies are in full force and effect and are not void or voidable; and
10.2.4 no member of the RBSG Group (including any Business Transferor) has received any notification that such insurances are not valid or enforceable.