Insurance. 11.1 The goods supplied under the contract must be fully insured in a THE NATIONAL TREASURY: Republic of South Africa
Insurance. Be aware that the extent of insurance to be provided by the employer (if any) might not be for the full cover required in terms of the conditions of contract identified in the contract data. The tenderer is advised to seek qualified advice regarding insurance.
Insurance. 11.1 The goods supplied under the contract must be fully insured in a freely convertible currency against loss or damage incidental to manufacture or acquisition, transportation, storage and delivery in the manner specified.
Insurance. 6.11.1 The Company maintain full value insurance (Sw. fullvardesforsakring) with reputable insurers covering the Properties and the Company's business is covered by customary insurance protection (including loss of profits and liability insurance). The Company's insurance coverage will be in force for at least 30 Business Days from the Closing Date.
6.11.2 No claims have been made and no claim is outstanding under any of the Company's insurance policies and to the Seller's Knowledge, there are no circumstances which would make any such insurance policy void or voidable.
Insurance. The (y) Collateral Agent shall have received a certificate from the Domestic Credit Parties’ insurance broker or other evidence satisfactory to it that all insurance required to be maintained pursuant to Section 5.5 is in full force and effect, together with endorsements naming the Collateral Agent, for the benefit of the Secured Parties, as additional insured and naming the Collateral Agent, on behalf of the Secured Parties as lender loss payee thereunder to the extent required under Section 5.5, and (z) European Collateral Agent shall have received a certificate from the European Credit Parties’ insurance broker or other evidence satisfactory to it that all insurance required to be maintained pursuant to Section 5.5 is in full force and effect, together with endorsements naming the European Collateral Agent, for the benefit of the Secured Parties, as additional insured and naming the European Collateral Agent, on behalf of the Secured Parties as lender loss payee thereunder to the extent required under Section 5.5.
Insurance. The Lead Borrower and its Subsidiaries will maintain or cause to be maintained, with financially sound and reputable insurers, such public liability insurance, third party property damage insurance, business interruption insurance and casualty insurance with respect to liabilities, losses or damage in respect of the assets, properties and businesses of the Lead Borrower and its Subsidiaries as may customarily be carried or maintained under similar circumstances by Persons of established reputation engaged in similar businesses, in each case in such amounts (giving effect to self-insurance), with such deductibles, covering such risks and otherwise on such terms and conditions as shall be customary for such Persons. Without limiting the generality of the foregoing, the Lead Borrower and its Subsidiaries will maintain or cause to be maintained (a) flood insurance with respect to each Flood Hazard Property that is located in a community that participates in the National Flood Insurance Program, in each case in compliance with any applicable regulations of the Board of Governors of the Federal Reserve System, and (b) replacement value casualty insurance on the Collateral under such policies of insurance, with such insurance companies, in such amounts, with such deductibles, and covering such risks as are at all times carried or maintained under similar circumstances by Persons of established reputation engaged in similar businesses. Each such policy of insurance issued by an insurer organized or incorporated in the United States (or, in the case of (y) any Canadian Credit Party, an insurer organized or incorporated in Canada or any province thereof, and (z) any European Credit Party, an insurer organized or incorporated in a jurisdiction(s) satisfactory to European Collateral Agent (or, the United States or Canada to the extent the Borrowers maintain a global insurance policy) shall (i) name the Applicable Agent, on behalf of the Secured Parties as an additional insured thereunder as its interests may appear and (ii) in the case of each casualty insurance policy, contain a lender’s loss payable clause or endorsement, satisfactory in form and substance to the Applicable Agent, that names the Applicable Agent, on behalf of the Secured Parties, as the loss payee thereunder for, except in the case of losses of inventory, losses of $1,000,000 or greater and provides for at least thirty (30) days’ prior written notice to the Applicable Agent of any modification or ca...
Insurance