Common use of Maintenance of Insurance Clause in Contracts

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 31 contracts

Samples: Credit Agreement (World Fuel Services Corp), Credit Agreement (Five Point Holdings, LLC), Credit Agreement (World Fuel Services Corp)

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Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from coverage thereof.

Appears in 29 contracts

Samples: Revolving Credit Agreement (Kura Sushi Usa, Inc.), Credit Agreement (Hittite Microwave Corp), Credit Agreement (Willis Lease Finance Corp)

Maintenance of Insurance. Maintain The Company will maintain, with financially sound responsible and reputable insurance companiesinsurers, insurance with respect to its properties and business, in such amounts and covering such risks, as is carried generally in accordance with sound business against loss or damage of the kinds customarily insured against practice by Persons engaged companies in similar businesses in the same or similar business, of such types and localities in such amounts as are customarily carried under similar circumstances by such other Personswhich the Company is situated.

Appears in 22 contracts

Samples: Agreement (Blue Water Petroleum Corp.), Conversion and Loan Modification Agreement (Arkanova Energy Corp.), Note Purchase Agreement (Arkanova Energy Corp)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 15 contracts

Samples: Credit Agreement (Clear Channel Outdoor Holdings, Inc.), Credit Agreement (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Parent, Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and the Restricted Subsidiaries or otherwise consistent with past practices) as are customarily carried under similar circumstances by such other Persons.

Appears in 13 contracts

Samples: Credit Agreement (West Corp), Credit Agreement (West Corp), Credit Agreement (West Corp)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companiescompanies not Affiliates of the Company, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 12 contracts

Samples: Credit Agreement (Stericycle Inc), Credit Agreement (Shiloh Industries Inc), Credit Agreement (Stericycle Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons.

Appears in 12 contracts

Samples: Credit Agreement (Premier, Inc.), Credit Agreement (Premier, Inc.), Credit Agreement (Verisk Analytics, Inc.)

Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar business, of such types business and in such amounts as are customarily carried under similar circumstances by such other Personssimilarly situated.

Appears in 12 contracts

Samples: Credit Agreement and Guaranty (Hampshire Group LTD), Credit Agreement and Guaranty (Hampshire Group LTD), Credit Agreement and Guaranty (Hampshire Group LTD)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 12 contracts

Samples: Term Loan Agreement (United Natural Foods Inc), Credit Agreement (Catalent, Inc.), Credit Agreement (Catalent Pharma Solutions, Inc.)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companiescompanies reasonably acceptable to the Agent and not Affiliates of the Loan Parties, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessbusiness and operating in the same or similar locations or as is required by Law, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons and as are reasonably acceptable to the Agent.

Appears in 12 contracts

Samples: Credit Agreement (Rh), Credit Agreement (Lumber Liquidators Holdings, Inc.), Credit Agreement (Rh)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Company and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 11 contracts

Samples: Credit Agreement (UTAC Holdings Ltd.), Credit Agreement (Sungard Data Systems Inc), Credit Agreement (Sungard Capital Corp Ii)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 11 contracts

Samples: Credit Agreement (Clear Channel Outdoor Holdings, Inc.), Credit Agreement (Wyndham Hotels & Resorts, Inc.), Credit Agreement (Travel & Leisure Co.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons.

Appears in 9 contracts

Samples: Credit Agreement (Keurig Green Mountain, Inc.), Credit and Guaranty Agreement (Actavis PLC), Credit and Guaranty Agreement (Actavis PLC)

Maintenance of Insurance. Maintain Maintain, with financially sound and reputable insurance companies, insurance with respect to its properties in such amounts and business against loss or damage of the kinds customarily insured against such risks as are maintained by Persons companies engaged in the same or similar business, of such types and businesses operating in such amounts as are customarily carried under the same or similar circumstances by such other Personslocations.

Appears in 9 contracts

Samples: Term Loan Credit Agreement (Henry Schein Inc), Credit Agreement (Henry Schein Inc), First Amendment (Henry Schein Inc)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as Holdings, the Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 9 contracts

Samples: Credit Agreement (iHeartMedia, Inc.), Credit Agreement (iHeartMedia, Inc.), Credit Agreement (iHeartMedia, Inc.)

Maintenance of Insurance. Maintain in force with financially sound and reputable insurance companiesinsurers, insurance policies with respect to its properties assets and property and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types risks and in such amounts as are customarily carried under usually insured against in the same general area in the case of entities engaged in similar circumstances lines of business and as may be required by such other Personsthe Investment Company Act.

Appears in 8 contracts

Samples: Credit and Security Agreement (Invesco Dynamic Credit Opportunities Fund), Credit and Security Agreement (Morgan Stanley Prime Income Trust), Revolving Credit and Security Agreement (Invesco Prime Income Trust)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as Holdings, the Borrowers and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 7 contracts

Samples: Credit Agreement (Performance Food Group Co), Credit Agreement (Performance Food Group Co), Credit Agreement (Performance Food Group Co)

Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar business, of such types business and in such amounts as are customarily carried under similar circumstances by similarly situated and such other Personsinsurance as reasonably required by the Banks.

Appears in 7 contracts

Samples: Credit Agreement and Guaranty (Hampshire Group LTD), Credit Agreement and Guaranty (Hampshire Group LTD), Credit Agreement and Guaranty (Hampshire Group LTD)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as Holdings, Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 7 contracts

Samples: Loan Agreement (Travelport LTD), Credit Agreement (Travelport LTD), Credit Agreement (Travelport LTD)

Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from its coverage.

Appears in 6 contracts

Samples: Security Agreement (Orange Productions Inc), Security Agreement (Cuidao Holding Corp), Convertible Note Acquisition Agreement (Cuidao Holding Corp)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companiesindependent insurers, insurance with respect to its properties Properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 6 contracts

Samples: Term Loan Agreement (Plum Creek Timber Co Inc), Revolving Credit Agreement (Plum Creek Timber Co Inc), Credit Agreement (Plum Creek Timber Co Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.

Appears in 6 contracts

Samples: Credit Agreement (Allied Motion Technologies Inc), Credit Agreement (Allied Motion Technologies Inc), Credit Agreement (Allied Motion Technologies Inc)

Maintenance of Insurance. Maintain with financially sound responsible and reputable insurance companiescompanies or associations, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts and covering such risks as are customarily carried under similar circumstances by such other Personsthe Company reasonably deems advisable.

Appears in 5 contracts

Samples: Investor Rights Agreement (Constellation Pharmaceuticals Inc), Investor Rights Agreement (Constellation Pharmaceuticals Inc), Investor Rights Agreement (Adnexus Therapeutics, Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as Parent and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 5 contracts

Samples: Assignment and Assumption (Freescale Semiconductor, Ltd.), Assignment and Assumption (Freescale Semiconductor Holdings I, Ltd.), Credit Agreement (Freescale Semiconductor Holdings I, Ltd.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (which may include a financially sound and reputable captive insurance company that is an Affiliate of the Parent), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, businesses and owning similar properties of such types and in such amounts with such deductibles and covering such risks, as are customarily carried under similar circumstances by such other Persons.

Appears in 5 contracts

Samples: Credit Facility Credit Agreement (Gilead Sciences Inc), Credit Agreement (Gilead Sciences Inc), Credit Agreement (Gilead Sciences Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by similarly situated Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons, provided that the Company and any of its Significant Subsidiaries may maintain a program of self insurance in accordance with sound business practices.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons and to the extent available on commercially reasonable terms; provided that the Borrower and its Material Subsidiaries may self-insure to the same extent as such other Persons.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Pmi Group Inc), Revolving Credit Agreement (Pmi Group Inc), Revolving Credit Agreement (Pmi Group Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and its Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 5 contracts

Samples: Assignment and Assumption (Michael Foods Group, Inc.), Credit Agreement (Michael Foods Inc/New), Credit Agreement (Michael Foods Inc/New)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to on its properties property in at least such amounts and business against loss or damage of the kinds customarily at least such risks as are usually insured against in the same general area by Persons companies engaged in the same or a similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 5 contracts

Samples: Credit Agreement (Apollo Asset Management, Inc.), Credit Agreement (Apollo Global Management LLC), Credit Agreement (Apollo Global Management LLC)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (which may be Affiliates of the Borrower), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 4 contracts

Samples: Credit Agreement (Cemex Sab De Cv), Credit Agreement (Cemex Sab De Cv), Credit Agreement (Cemex Sab De Cv)

Maintenance of Insurance. (i) Maintain with financially sound and reputable insurance companies, insurance with respect to on all its properties and business against loss or damage of the kinds customarily all such risks and in at least such amounts as are usually insured against by Persons companies of established reputation engaged in the same or similar businessbusiness from time to time; provided, that it is understood and acknowledged that breach of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.warranty coverage is not required;

Appears in 4 contracts

Samples: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessbusiness in similar location, of such types and in such amounts and subject to such deductibles or self-insured retention levels as are customarily carried under similar circumstances by such other Persons.

Appears in 4 contracts

Samples: Credit Agreement (Bj Services Co), Credit Agreement (Bj Services Co), Credit Agreement (Bj Services Co)

Maintenance of Insurance. Maintain (at its own expense) insurance with financially sound and reputable insurance companies, as well as insurance in such amounts, with respect to its properties such limitations or deductibles, against such risks, and business against loss or damage in such form as are customarily maintained by companies of the kinds customarily insured against by Persons established repute engaged in the same or similar business, of such types and businesses operating in such amounts as are customarily carried under the same or similar circumstances by such other Personslocations.

Appears in 4 contracts

Samples: Credit Agreement (Sandridge Energy Inc), Bridge Loan Agreement (Sandridge Energy Inc), Bridge Loan Agreement (Sandridge Energy Inc)

Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and companies in such amounts and against such risks as are customarily is usually carried under by responsible companies engaged in similar circumstances by such other Personsbusinesses and owning similar assets in the general areas in which the Borrower and its Subsidiaries operate except to the extent that the Borrower or a Subsidiary is, in the reasonable opinion of a Designated Officer, adequately self-insured in a manner comparable to responsible companies engaged in similar businesses and owning similar assets in the general areas in which the Borrower and its Subsidiaries operate.

Appears in 4 contracts

Samples: Credit Agreement (Avery Dennison Corp), Credit Agreement (Avery Dennison Corp), Assignment and Assumption (Avery Dennison Corp)

Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companiescompanies or maintain a self-insurance program, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 4 contracts

Samples: Credit Agreement (TimkenSteel Corp), Assignment and Assumption (Timken Co), Credit Agreement (Timken Co)

Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companiescompanies or maintain a self-insurance program, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 4 contracts

Samples: Credit Agreement (Timken Co), Credit Agreement (Timken Co), Assignment and Assumption (Timken Co)

Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similar situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from coverage thereof.

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Integrated Circuit Systems Inc), Revolving Credit Loan Agreement (Integrated Circuit Systems Inc), Revolving Credit Loan Agreement (Integrated Circuit Systems Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons of established reputation engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons of established reputation engaged in the same or similar businesses as the Borrower and its Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 4 contracts

Samples: First Lien Credit Agreement (Evoqua Water Technologies Corp.), First Lien Credit Agreement (Evoqua Water Technologies Corp.), Intellectual Property Security Agreement (EWT Holdings I Corp.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by similarly situated Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons; provided that the Company and any of its Significant Subsidiaries may maintain a program of self insurance in accordance with sound business practices.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Hasbro, Inc.), Revolving Credit Agreement (Hasbro, Inc.), Revolving Credit Agreement (Hasbro, Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under by companies of a similar circumstances by such other Personssize engaged in similar businesses.

Appears in 3 contracts

Samples: Credit Agreement (Vertex Pharmaceuticals Inc / Ma), Credit Agreement (Vertex Pharmaceuticals Inc / Ma), Credit Agreement (Vertex Pharmaceuticals Inc / Ma)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrowers and their respective Subsidiaries or otherwise consistent with past practices) as are customarily carried under similar circumstances by such other Persons.

Appears in 3 contracts

Samples: Security Agreement (Bloomin' Brands, Inc.), Credit Agreement (Bloomin' Brands, Inc.), Security Agreement (Bloomin' Brands, Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Parents, the Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 3 contracts

Samples: Credit Agreement (Utz Brands, Inc.), Credit Agreement (Collier Creek Holdings), Loan Credit Agreement (Utz Quality Foods, LLC)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Parent Guarantor and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 3 contracts

Samples: Credit Agreement (Warner Chilcott PLC), Credit Agreement (Warner Chilcott PLC), Credit Agreement (Warner Chilcott PLC)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and the Restricted Subsidiaries or otherwise consistent with past practices) as are customarily carried under similar circumstances by such other Persons.

Appears in 3 contracts

Samples: Credit Agreement (Bright Horizons Family Solutions Inc.), Agreement and Security Agreement (Bloomin' Brands, Inc.), Credit Agreement (Bright Horizons Family Solutions Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessSimilar Business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or Similar Businesses as any Obligor and its Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Credit Agreement (Igate Corp), Credit Agreement (Igate Corp)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect of such types and in such amounts (after giving effect to its properties any self-insurance reasonable and business against loss or damage of the kinds customarily insured against by customary for similarly situated Persons engaged in the same or similar business, of such types businesses as the Borrower and in such amounts its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Assignment and Assumption (Refco Inc.), Assignment and Assumption (Refco Information Services, LLC)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Company and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Credit Agreement (LEM America, Inc), Credit Agreement (UGS PLM Solutions Asia/Pacific INC)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, which are not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of against such types risks and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Credit Agreement (ironSource LTD), Credit Agreement (ironSource LTD)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons or as otherwise required by the Administrative Agent (including, without limitation, environmental pollution insurance policies in effect on the Closing Date).

Appears in 2 contracts

Samples: Credit Agreement (Charah Solutions, Inc.), Credit Agreement (Charah Solutions, Inc.)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under by companies engaged in similar circumstances by such other Personsbusinesses and owning similar properties in localities where the Surviving Parent, the Borrowers or the applicable Restricted Subsidiary operates, except to the extent the failure to do so would not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Contura Energy, Inc.), Asset Based Revolving Credit Agreement (Contura Energy, Inc.)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Parent Borrower and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Credit Agreement (Clear Channel Outdoor Holdings, Inc.), Abl Credit Agreement (Clear Channel Outdoor Holdings, Inc.)

Maintenance of Insurance. (a) Maintain with (i) financially sound and reputable insurance companiescompanies and (ii) insurance companies that are not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons companies engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Personscompanies.

Appears in 2 contracts

Samples: Credit Agreement (Valvoline Inc), Credit Agreement (Valvoline Inc)

Maintenance of Insurance. Maintain with financially sound and ------------------------ reputable insurance companiesinsurers, insurance with respect to its properties and business against loss or damage of the kinds customarily insured Company and its Subsidiaries against by Persons engaged such casualties and contingencies and in the same or similar business, of such types and in such amounts as are customarily carried under shall be in accordance with sound business practices for companies in similar circumstances by such other Personsbusinesses similarly situated.

Appears in 2 contracts

Samples: Year Credit Agreement (Xtra Corp /De/), Credit Agreement (Xtra Corp /De/)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Credit Agreement (Copart Inc), Credit Agreement (Copart Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as STBV and its Restricted Subsidiaries in the same geographic locales) as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Credit Agreement (Sensata Technologies Holding PLC), Credit Agreement (Sensata Technologies Holding PLC)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (including through self-insurance or any captive insurance company), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Bridge Loan Agreement (Ipsco Inc), Credit Agreement (Ipsco Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons; provided that the Company and its Subsidiaries may instead self-insure to the same general extent as other manufacturing companies of similar size as the Company or such Subsidiary and to the extent consistent with prudent business practice.

Appears in 2 contracts

Samples: Credit Agreement (Donaldson Co Inc), Credit Agreement (Donaldson Co Inc)

Maintenance of Insurance. Maintain (either by way of self-insurance or with financially sound and reputable insurance companies), insurance with respect to its properties in such amounts and business against loss or damage of the kinds such risks as are customarily insured against carried by Persons engaged in the same or similar business, of such types and business operating in such amounts the same or similar locations as are customarily carried under similar circumstances reasonably determined by such other Personsthe Borrower.

Appears in 2 contracts

Samples: Credit Agreement (BMC Software Inc), Credit Agreement (BMC Software Inc)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under by companies engaged in similar circumstances by such other Personsbusinesses and owning similar properties in localities where the Borrower or the applicable Restricted Subsidiary operates, except to the extent the failure to do so would not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Contura Energy, Inc.), Credit Agreement (Contura Energy, Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Term Loan Credit and Guaranty Agreement (Actavis PLC), Credit and Guaranty Agreement (Warner Chilcott LTD)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under by companies engaged in similar circumstances by such other Personsbusinesses and owning similar properties in localities where the Company or the applicable Restricted Subsidiary operates, except to the extent the failure to do so would not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Asset Based Revolving Credit Agreement (Contura Energy, Inc.), Asset Based Revolving Credit Agreement (Contura Energy, Inc.)

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Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the BV Borrower and its Restricted Subsidiaries in the same geographic locales) as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Credit Agreement (Sensata Technologies Holding N.V.), Senior Subordinated Term Loan Agreement (Sensata Technologies B.V.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Parents, the Borrowers and the other Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.. Section 6.07

Appears in 2 contracts

Samples: Credit Agreement (Utz Brands, Inc.), Abl Credit Agreement (Utz Brands, Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies that are not Affiliates of the Company, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (including self-insurance, if adequate reserves are maintained with respect thereto) as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Credit Agreement (Seaboard Corp /De/), Credit Agreement (Seaboard Corp /De/)

Maintenance of Insurance. Maintain insurance with insurance companies (and, to the Borrower’s knowledge, with such insurance companies that are financially sound and reputable insurance companies, insurance reputable) with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Credit Agreement (Analog Devices Inc), Credit Agreement (Analog Devices Inc)

Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companiescompanies or associations, insurance in each case not Affiliates of the Company, with respect to its properties and business against loss or damage of the kinds customarily insured against in such amounts and covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from coverage thereof.

Appears in 2 contracts

Samples: Credit Agreement (Technitrol Inc), Credit Agreement (Technitrol Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties the Properties and the business conducted thereon against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons and as are acceptable to the Lender.

Appears in 2 contracts

Samples: Bridge Loan Agreement (Senior Housing Properties Trust), Bridge Loan Agreement (Five Star Quality Care Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by similarly situated Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons; provided that the Borrower and any of its Significant Subsidiaries may maintain a program of self insurance in accordance with sound business practices.

Appears in 2 contracts

Samples: Term Loan Agreement (Hasbro, Inc.), Term Loan Agreement (Hasbro, Inc.)

Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect companies or associations in such amounts and covering such risks (including but not limited to its properties and business against loss or damage of the kinds customarily insured against coverage for aviation war risk liabilities) as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Personswhich insurance may provide for reasonable deductibility from coverage thereof.

Appears in 2 contracts

Samples: Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its material properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessbusiness and owning similar properties, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons; provided that each Borrower and its Subsidiaries may self-insure in accordance with good business practice.

Appears in 2 contracts

Samples: Credit Agreement (Life Technologies Corp), Credit Agreement (Life Technologies Corp)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons of established reputation engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons of established reputation engaged in the same or similar businesses as the Borrower and its Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Assignment and Assumption (At Home Group Inc.), Assignment and Assumption (At Home Group Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies (including self-insurance) insurance with respect to its properties and business against loss or damage of the kinds such casualties and contingencies as are customarily insured against by Persons businesses engaged in the same or similar business, of such types activities in similar geographic areas and in amounts, containing such amounts terms, in such forms and for such periods as are customarily carried under customary for similar circumstances by such other Personsbusinesses in all material respects.

Appears in 2 contracts

Samples: Credit Agreement (Carmax Inc), Credit Agreement (Carmax Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the U.S. Borrower and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Credit Agreement (Nortek Inc), Credit Agreement (Nortek Inc)

Maintenance of Insurance. i) Maintain or cause to be maintained with financially sound and reputable insurance companiescompanies and not Affiliates of the Loan Parties, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessbusiness and operating in the same or similar locations or as is required by Law, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons.

Appears in 2 contracts

Samples: Credit Agreement (Lands' End, Inc.), Credit Agreement (Lands' End, Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as Holdings, Dollarama and their respective Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Credit Agreement (Dollarama CORP)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Parent Borrower and its Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Varex Imaging Corp)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.Persons and ensure that

Appears in 1 contract

Samples: Credit Agreement (Station Casinos Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (which are not Affiliates of the Parent Guarantor or the Borrower), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Credit Agreement (Atlantic Power Corp)

Maintenance of Insurance. (i) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Credit Agreement (Travel & Leisure Co.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.; provided that the Company and its Subsidiaries may instead self-insure to the same general extent as other manufacturing companies of similar size as the Company or such Subsidiary and to the extent consistent with prudent business practice. 6.08

Appears in 1 contract

Samples: 4 Credit Agreement (Donaldson Co Inc)

Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as is usually carried by Persons companies engaged in the same or a similar business, of such types business and in such amounts as are customarily carried under similar circumstances by such other Personssimilarly situated.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hi Tech Pharmacal Co Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the BV BorrowerSTBV and its Restricted Subsidiaries in the same geographic locales) as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Credit Agreement (Sensata Technologies Holding PLC)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against in accordance with normal industry practice or by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as Holdings, the Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances in accordance with normal industry practice or by such other Persons.

Appears in 1 contract

Samples: Credit Agreement (Polymer Group Inc)

Maintenance of Insurance. (i) Maintain with financially sound and reputable insurance companies, insurance with respect to on all its properties and business against loss or damage of the kinds customarily all such risks and in at least such amounts as are usually insured against by Persons companies of established reputation engaged in the same or similar businessbusiness from time to time; provided, that it is understood and acknowledged that breach of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.warranty coverage is not required; 50

Appears in 1 contract

Samples: Credit Agreement (SEACOR Marine Holdings Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other PersonsPersons engaged in similar business or consistent with the Borrower’s past practice.

Appears in 1 contract

Samples: Assignment and Assumption (Evercore Partners Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (determined at the time such insurance is obtained), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under by companies of a similar circumstances by such other Personssize engaged in similar businesses.

Appears in 1 contract

Samples: Credit Agreement (Vertex Pharmaceuticals Inc / Ma)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by similarly situated Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance) as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mattel Inc /De/)

Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.which insurance may provide for reasonable deductibility from coverage thereof. Section 5.06

Appears in 1 contract

Samples: Credit Agreement      credit Agreement (Impath Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (which may include a financially sound and reputable captive insurance company that is an Affiliate of the Borrower), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, businesses and owning similar properties of such types and in such amounts with such deductibles and covering such risks, as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Term Loan Facility Credit Agreement (Gilead Sciences Inc)

Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrowers and their respective Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Credit Agreement (W R Grace & Co)

Maintenance of Insurance. Maintain insurance with insurance companies (and, to the Borrower's knowledge, with such insurance companies that are financially sound and reputable insurance companies, insurance reputable) with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Credit Agreement (Analog Devices Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.Persons engaged in similar business or consistent with the Borrower’s past practice. 7.8

Appears in 1 contract

Samples: www.sec.gov

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessSimilar Business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or Similar Businesses as any Obligor and its Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Credit Agreement (Igate Corp)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to its material properties and business against loss or damage of such types and in such amounts (after giving effect to any self-insurance consistent with past practice, or reasonable under the kinds customarily insured against by circumstances, and, in either case, customary for similarly situated Persons engaged in the same or similar business, of such types businesses as the Borrower and in such amounts its Restricted Subsidiaries) as are consistent with past practice, or reasonable under the circumstances, and customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Credit Agreement (Warner Music Group Corp.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and the Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Credit Agreement (Audacy, Inc.)

Maintenance of Insurance. Maintain with insurance companies believed to be financially sound and reputable insurance companiesreputable, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and the Restricted Subsidiaries) as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Assignment and Assumption (Targa Resources Investments Inc.)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, companies insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons; provided that the Borrower and its Subsidiaries may instead self-insure to the same general extent as other manufacturing companies of similar size as the Borrower or such Subsidiary and to the extent consistent with prudent business practice.

Appears in 1 contract

Samples: 364 Day Revolving Credit Agreement (Donaldson Co Inc)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companiescompanies (including through self-insurance), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by (a) Xxxx’x other Subsidiaries, (b) the Company and its Subsidiaries on the date hereof or (c) Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.

Appears in 1 contract

Samples: Credit Agreement (Koch Industries Inc)

Maintenance of Insurance. Maintain insurance with financially sound and reputable insurance companies, insurance with respect to its properties companies or associations in such amounts and business against loss or damage of the kinds customarily insured against covering such risks as are usually carried by Persons companies engaged in the same or a similar businessbusiness and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons.which insurance may provide for reasonable deductibility from coverage thereof;

Appears in 1 contract

Samples: Loan and Merger Option Agreement (Sten Corp)

Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the BV Borrower and its Restricted Subsidiaries in the same geographic locales) as are customarily carried under similar circumstances by such other Persons.. Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (Sensata Technologies Holland, B.V.)

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