Insurance Representation - FOLIO Ontology

Identification

IRI:

https://folio.openlegalstandard.org/RDLmn3zQET0KpZTPNJbicpa

Label Insurance Representation

Preferred Label N/A

Identifier N/A

Alternative Labels

None

Definition

Insurance Representation is a provision in merger and acquisition agreements where the selling party confirms the existence, sufficiency, and status of insurance policies held by the target entity. This representation assures the buyer that the target has adequate insurance coverage in place to protect against potential liabilities or losses, and that there are no material lapses or issues with these policies.

Class Relationships

Sub Class Of

• Bring-down of Representations and Warranties

Is Defined By

N/A

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Interactive visualization requires JavaScript

You can still navigate the class hierarchy using the text links in the "Class Relationships" section above.

Additional Information

Metadata

Comment

None

Description

None

Notes

• None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available