Common use of Policies and Rights Included Within Assets Clause in Contracts

Policies and Rights Included Within Assets. The Lani▇▇ ▇▇▇ets shall include (a) any and all rights of an insured party under each of the Harr▇▇ ▇▇▇red Policies, subject to the terms of such Harr▇▇ ▇▇▇red Policies and any limitations or obligations of Lani▇▇ ▇▇▇templated by this Article VI, specifically including rights of indemnity and the right to be defended by or at the expense of the insurer, with respect to all claims, suits, actions, proceedings, injuries, losses, liabilities, damages and expenses incurred or claimed to have been incurred prior to the Distribution Date by any party in or in connection with the conduct of the Lani▇▇ ▇▇▇iness or, to the extent any claim is made against Lani▇▇ ▇▇ any of the Lani▇▇ ▇▇▇sidiaries, the conduct of the Harr▇▇ ▇▇▇iness, and which claims, suits, actions, proceedings, injuries, losses, liabilities, damages and expenses may arise out of an insured or insurable occurrence under one or more of such Harr▇▇ ▇▇▇red Policies; provided, however, that nothing in this clause shall be deemed to constitute (or to reflect) an assignment or transfer of such Harr▇▇ ▇▇▇red Policies, or any of them, to Lani▇▇, ▇▇d (b) the Lani▇▇ ▇▇▇icies.

Appears in 2 contracts

Sources: Distribution Agreement (Lanier Worldwide Inc), Agreement and Plan of Distribution (Lanier Worldwide Inc)

Policies and Rights Included Within Assets. The Lani▇▇ ▇▇▇ets SpinCo Assets shall include (ai) any and all rights of an insured party under each of the Harr▇▇ ▇▇▇red Shared Policies, subject to the terms of such Harr▇▇ ▇▇▇red Shared Policies and any limitations or obligations of Lani▇▇ ▇▇▇templated SpinCo contemplated by this Article VIX, specifically including rights of indemnity and the right to be defended by or at the expense of the insurer, with respect to all alleged wrongful acts, claims, suits, actions, proceedings, injuries, losses, liabilities, damages and expenses incurred or claimed to have been incurred prior to the Distribution Date by any party Party in or in connection with the conduct of the Lani▇▇ ▇▇▇iness SpinCo Business or, to the extent any claim is made against Lani▇▇ ▇▇ SpinCo or any of the Lani▇▇ ▇▇▇sidiariesits Subsidiaries, the conduct of the Harr▇▇ ▇▇▇inessRemainCo Business, and which alleged wrongful acts, claims, suits, actions, proceedings, injuries, losses, liabilities, damages and expenses may arise out of an insured or insurable occurrence or wrongful act under one or more of such Harr▇▇ ▇▇▇red Shared Policies; provided, however, that nothing in this clause shall be deemed to constitute (or to reflect) an assignment or transfer of such Harr▇▇ ▇▇▇red Shared Policies, or any of them, to Lani▇▇SpinCo, ▇▇d and (bii) the Lani▇▇ ▇▇▇iciesSpinCo Policies.

Appears in 2 contracts

Sources: Separation and Distribution Agreement (Wyndham Destinations, Inc.), Separation and Distribution Agreement (Wyndham Hotels & Resorts, Inc.)

Policies and Rights Included Within Assets. (a) The Lani▇▇ ▇▇▇ets Cognizant Assets shall include (ai) any and all rights of an insured party under each of the Harr▇▇ ▇▇▇red Cognizant Shared Policies, subject to the terms of such Harr▇▇ ▇▇▇red Cognizant Shared Policies and any limitations or obligations of Lani▇▇ ▇▇▇templated Cognizant contemplated by this Article VIVII, specifically including rights of indemnity and the right to be defended by or at the expense of the insurer, with respect to all claims, suits, actions, proceedings, injuries, losses, liabilities, damages and expenses incurred or claimed to have been incurred prior to the Distribution Date by any party in or in connection with the conduct of the Lani▇▇ ▇▇▇iness Cognizant Business or, to the extent any claim is made against Lani▇▇ ▇▇ Cognizant or any of the Lani▇▇ ▇▇▇sidiariesits Subsidiaries, the conduct of the Harr▇▇ ▇▇▇inessD&B Business or the ACNielsen Business, and which claims, suits, actions, proceedings, injuries, losses, liabilities, damages and expenses may arise out of an insured or insurable occurrence under one or more of such Harr▇▇ ▇▇▇red Cognizant Shared Policies; provided, however, that nothing in this clause shall be deemed to constitute (or to reflect) an assignment or transfer of such Harr▇▇ ▇▇▇red Cognizant Shared Policies, or any of them, to Lani▇▇Cognizant, ▇▇d and (b) the Lani▇▇ ▇▇▇icies.ii)

Appears in 1 contract

Sources: Distribution Agreement (Acnielsen Corp)

Policies and Rights Included Within Assets. The Lani▇▇ ▇▇▇ets Gas Assets and Power Assets shall include (ai) any and all rights of an insured party Party under each of the Harr▇▇ ▇▇▇red Shared Policies, subject to the terms of such Harr▇▇ ▇▇▇red Shared Policies and any limitations or obligations of Lani▇▇ ▇▇▇templated GasCo and Duke Energy contemplated by and subject to the provisions of this Article VIARTICLE X, specifically including rights of indemnity and the right to be defended by or at the expense of the insurer, with respect to all alleged wrongful acts, claims, suits, actions, proceedings, injuries, losses, liabilities, damages and expenses incurred or claimed to have been incurred prior to the Distribution Date by any party Party in or in connection with the conduct of the Lani▇▇ ▇▇▇iness Gas Business or, to the extent any claim is made against Lani▇▇ ▇▇ GasCo or any of the Lani▇▇ ▇▇▇sidiariesits Subsidiaries, the conduct of the Harr▇▇ ▇▇▇inessPower Business, and which alleged wrongful acts, claims, suits, actions, proceedings, injuries, losses, liabilities, damages and expenses may arise out of an insured or insurable occurrence or wrongful act under one or more of such Harr▇▇ ▇▇▇red Shared Policies; provided, however, that nothing in this clause shall be deemed to constitute (or to reflect) an assignment or transfer of such Harr▇▇ ▇▇▇red Shared Policies, or any of them, to Lani▇▇GasCo, ▇▇d and (bii) the Lani▇▇ ▇▇▇iciesGas Policies.

Appears in 1 contract

Sources: Separation and Distribution Agreement (Gas SpinCo, Inc.)