Insurance Approval Sample Clauses

Insurance Approval. The Company shall deliver to Parent at least 15 days prior to the Closing a letter in a form acceptable to Parent validly executed by an officer of the Company, which authorizes Parent’s insurance broker to act as the Company’s insurance broker of record with respect to all insurance policies held by the Company.
AutoNDA by SimpleDocs
Insurance Approval. Any required notifications, acknowledgements, consents or approvals to or from the Seller’s insurance providers shall have been obtained in order to give effect to the Insurance Assignment upon the Closing.
Insurance Approval. The Contractor agrees to submit for Government’s approval, to the extent and in the manner required by the Government, any other insurance that is maintained by Collaborator in connection with the performance of this CRADA and for which the Collaborator seeks reimbursement.
Insurance Approval. AEC shall use commercially reasonable efforts to cause ESII to be added to AEC's existing insurance policy covering hazardous waste sites, effective as of the Closing Date. Promptly after the execution and delivery of this Agreement, AEC shall submit a request to the IDEQ (or other applicable state agency) for approval of such coverage as a replacement for the Company's current financial assurance bond with Frontier Insurance Company, and will use commercially reasonable efforts to obtain the approval of such coverage from the IDEQ (or other applicable state agency).
Insurance Approval. AEC's insurance underwriter shall have approved adding ESII to AEC's existing policy covering hazardous waste sites, and the IDEQ (or other applicable state agency) shall have approved such insurance coverage as a replacement for the Company's current financial assurance bond with Frontier Insurance Company.
Insurance Approval. All policies of insurance required of Tenant and Landlord under this Article shall be written in such form and by such companies licensed to do business in the State of Ohio as shall be reasonably satisfactory to Landlord. Certificates of insurance acceptable to Landlord and Tenant shall be delivered to the other party on or before the Commencement Date (or upon the date upon which Tenant exercises its rights to Early Access described herein). A new or replacement certificate of insurance acceptable to each party shall be delivered to both parties not less than fifteen (15) days prior to the expiration of the then current policy term.
Insurance Approval. All policies of insurance required of Tenant under this Section 5.2 shall be written in such form as shall be reasonably satisfactory to Landlord and its Mortgagees. Certificates of insurance (or other proof of coverage) reasonably acceptable to Landlord shall be delivered to Landlord and its Mortgagees, on or before the earlier of the Initial Term Commencement Date or the date on which Tenant exercises its rights to Early Access (as defined in the Work Letter), if applicable, and not later than thirty (30) days prior to the expiration of any current policy or certificate. If Tenant provides evidence of insurance by certificate, Tenant will deliver a certificate of insurance similar to an ACCORD Form 24. A new or replacement certificate of insurance, an insurance binder or other evidence of the continuation of coverage acceptable to Landlord and its Mortgagees shall be delivered to Landlord and its Mortgagees, within fifteen (15) days' prior to the expiration of the then current policy term. If other than a new or replacement certificate is delivered to Landlord as aforesaid, then promptly thereafter Tenant shall deliver to Landlord a new or replacement certificate for such continuation of coverage.
AutoNDA by SimpleDocs
Insurance Approval. The Company shall have delivered to Purchaser prior to the Initial Closing a letter in a form acceptable to Purchaser validly executed by an officer of the Company, which authorizes Purchaser’s insurance broker to act as the Company’s insurance broker of record with respect to all insurance policies held by the Company.
Insurance Approval. All policies of insurance required of Tenant under ------------------ this Article 5 shall be written in such form and by such companies licensed to do business in Pennsylvania as shall be reasonably satisfactory to Landlord, and its Mortgagees. Certificates of insurance reasonably acceptable to Landlord shall be delivered to Landlord, and its Mortgagees, on or before the earlier of the Initial Term Commencement Date or the date on which Tenant exercises its rights to Early Access, if applicable. A new or replacement certificate of insurance reasonably acceptable to Landlord, and its Mortgagees, shall be delivered to Landlord, and its Mortgagees, within thirty (30) days' prior to the expiration of the then current policy term.

Related to Insurance Approval

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

  • Insurance Coverages The Contractor shall procure and maintain, at its sole cost and expense, in a form and content satisfactory to City, during the entire term of this Agreement including any extension thereof, the following policies of insurance which shall cover all elected and appointed officers, employees and agents of City:

  • Standard Hazard Insurance and Flood Insurance Policies (a) For each Mortgage Loan, the Master Servicer shall enforce any obligation of the Servicers under the related Servicing Agreements to maintain or cause to be maintained standard fire and casualty insurance and, where applicable, flood insurance, all in accordance with the provisions of the related Servicing Agreements. It is understood and agreed that such insurance shall be with insurers meeting the eligibility requirements set forth in the applicable Servicing Agreement and that no earthquake or other additional insurance is to be required of any Mortgagor or to be maintained on property acquired in respect of a defaulted loan, other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance.

  • Insurance Required The Engineer shall secure the insurance specified below. The insurance shall be issued by insurance company(s) acceptable to the City and may be in a policy or policies of insurance, primary or excess. Certificates of all required insurance including any policy endorsements shall be provided to the City prior to or upon the execution of this Agreement.

  • No Defense to Insurance Coverage No action has been taken or failed to be taken, no event has occurred and no state of facts exists or has existed on or prior to the Purchase Date (whether or not known to Seller on or prior to such date) which has resulted or will result in an exclusion from, denial of, or defense to coverage under any private mortgage insurance (including, without limitation, any exclusions, denials or defenses which would limit or reduce the availability of the timely payment of the full amount of the loss otherwise due thereunder to the insured) whether arising out of actions, representations, errors, omissions, negligence, or fraud of Seller, the related Mortgagor or any party involved in the application for such coverage, including the appraisal, plans and specifications and other exhibits or documents submitted therewith to the insurer under such insurance policy, or for any other reason under such coverage, but not including the failure of such insurer to pay by reason of such insurer’s breach of such insurance policy or such insurer’s financial inability to pay.

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

  • Earthquake Insurance If Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor, then as a condition of Lessor agreeing to waive the requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, an amount not to exceed Forty Seven Thousand Eight Hundred and Thirty Three Dollars ($47,833) per year.

Time is Money Join Law Insider Premium to draft better contracts faster.