D&O Insurance

D&O Insurance. Means any valid directors' and officers' liability insurance policy maintained by the Company for the benefit of the Indemnitee.

D&O Insurance. Means an insurance policy or policies providing directors' and officers' liability insurance, whether on a primary or excess basis; provided, however, that "D&O Insurance" does not include any insurance policy providing insurance coverage to any Sponsor Shareholder.

D&O Insurance. Means the directors' and officers' liability insurance issued by the insurers, and having the policy numbers, amounts and deductibles set forth in Section 5.1 and any replacement or substitute policy or policies issued by one or more reputable insurers, providing, in the aggregate, at all times and in all respects, coverage at least comparable and in the same amount as that provided under the policies identified in Section 5.1.

D&O Insurance. Means directors' and officers' liability insurance.