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  • Representations And Warranties Buyer-side Specimen ... - Aig.com

Get Representations And Warranties Buyer-side Specimen ... - Aig.com

MERGERS & ACQUISITIONS INSURANCE GROUP BUYER-SIDE R&W TEMPLATE INSURANCE COMPANY NAME TO BE INSERTED 175 Water Street New York, NY 10038 POLICY NUMBER: BUYER-SIDE REPRESENTATIONS AND WARRANTIES INSURANCE.

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How to fill out the Representations And Warranties Buyer-Side Specimen online

This guide provides a clear and supportive walkthrough for completing the Representations And Warranties Buyer-Side Specimen form. Designed for users of all experience levels, it outlines each section of the form and offers helpful insights to ensure accurate completion.

Follow the steps to successfully complete the form:

  1. Press the ‘Get Form’ button to access the form. This will allow you to open the form in an editor where you can begin to fill it out.
  2. In the first section, enter the name of the insured along with their address as specified in Item 1. Ensure that additional insureds, if any, are clearly listed.
  3. Proceed to Item 2 and provide the details of the acquisition agreement as referenced, ensuring all necessary attachments are included.
  4. Complete Item 3 by specifying the policy period: the inception date and expiry date should be clearly noted.
  5. In Item 4, fill in the limit of liability. This amount should reflect the maximum coverage the insurer offers.
  6. Complete Item 5 with the retention amount. This figure indicates the portion of the loss that the insured must pay before the insurer covers the remainder.
  7. For Item 6, detail the premium amounts, separating the non-terrorism portion from the terrorism portion, and ensure the total premium is accurate.
  8. Item 9 requires inputting the insurance broker's name and address, making sure this information is up-to-date.
  9. Review each section for accuracy, make any necessary corrections, and ensure compliance with the insurance guidelines.
  10. Once the form is completed, you can save your changes, download, print, or share the document as needed.

Start filling out your representations and warranties buyer-side specimen online today to ensure your coverage.

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“Representation & Warranty Insurance” (“R&W Insurance”) is a type of insurance policy purchased in connection with corporate transactions, and covers the indemnification for certain breaches of the representations and warranties in the transaction agreements.

1: R&W insurance policies will not cover the seller's fraud. The risk of seller fraud is one that the buyer cannot easily diligence: the seller is the source of information to evaluate the target during the diligence process. Therefore, a key benefit of R&W insurance is that it covers this buyer “blind spot.”

RWI Payment In most cases, the buyer bore full, or shared with the seller, responsibility for RWI premium payments. The seller bore full responsibility for payment in 10% or so of reported transactions.

The seller or the buyer can be the insured, however, it is always a breach of the seller's warranties that are the trigger for coverage. When the seller is insured, it's referred to as a “sell-side” policy; when the buyer is the insured, it's a “buy-side” policy.

Representation refers to any statements that the seller makes before entering into an agreement of sale that the other party is expected to rely upon. Example: “Our company made a profit of $25 million last year.” A warranty is a promise that the statements are true.

The representations and warranties allocate risk between the parties and serve as the foundation for an indemnification claim in case of a breach or inaccuracy. A breach or inaccuracy of a representation or warranty can also provide the other party with a right to terminate or refuse to close the transaction.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232