underitsowninsurancepolicy.Theunderwritershouldbeasthoroughandexplicitaspossibleindeterminingwhichvehicleswillbeprotectedunderthedealershipspolicy.Becauseadealershipsvehiclesmaybedrivenbyinexperienceddriversorpeoplewhoareunfamiliarwiththeircontrolpanels,accidentscanandwillhappen.Consequently,AutomobileLiabilitywillbeaserious...
On October 30, 2017, the Company sold the underwriter (and/or its designees), for $100, an option to purchase up to 900,000 Units exercisable at $10.00 per Unit (or an aggregate exercise price of $9,000,000) commencing on the later of the first anniversary of the effective date of...