Insured SpinCo Obligation

Example Definitions of "Insured SpinCo Obligation"
Insured SpinCo Obligation. An obligation of Creole or Dampkraft under the Existing Policies that arises from an obligation, (a) to any insurance company that is an Obligation of a SpinCo Entity or (b) to ACE or its Affiliates that is a SpinCo Obligation under the ALAA
Found in Babcock & Wilcox Enterprises, Inc. contract
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