Applicable Insurance. It shall also be the responsibility of the Supplier to take out all insurance relating to the Supplies, including civil liability and occupational accident insurance, as applicable.
Applicable Insurance. (a) Between the date of this Agreement and the Closing (the "Interim ------- Period"), Seller shall promptly (and in any event within five Business ------ Days) notify Buyer if it becomes aware of any facts or circumstances or receives any notice indicating the existence of a claim that is of the type (but not the amount) covered by the Applicable Insurance and that Seller reasonably believes would result in damages in excess of $10,000 (a "Qualifying Claim"). With respect to any such Qualifying Claim, Seller ---------------- shall have primary responsibility for investigating, managing and handling the defense of such claim. Seller shall permit Buyer and its representatives to participate in the investigation and management of, including the development of defense strategies with respect to, any Qualifying Claim. During both the Interim Period and after the Effective Time, Seller shall not settle any Qualifying Claim that would impose any liability or obligation upon Buyer following the Closing without Buyer's prior written consent which shall not be unreasonably withheld. With respect to any pre-Effective Time claim that becomes the subject of litigation following the Closing Date, Buyer shall have primary responsibility for investigating, managing and handling the defense of such claim, subject to any duties of Seller or rights of Seller's insurer under the Applicable Insurance. Buyer shall permit Seller and its representatives to participate in the investigation and management of, including the development of defense strategies with respect to, any post-Closing Qualifying Claim. Buyer shall also permit Seller and its counsel to participate with Buyer and its counsel in developing a defense with respect to and defending any such post-Closing Qualifying Claim.
Applicable Insurance. Renter hereby declares to Owner that Renter maintains and will maintain the following insurance during the term of this Agreement which may cover losses or liability of Renter and/or Owner relative to Renter’s use of the premises.
