Common use of Assignment of Business Interruption Insurance Clause in Contracts

Assignment of Business Interruption Insurance. A duly executed assignment of business interruption insurance policy to Agent in form and substance reasonably satisfactory to Agent, obtaining the insurer's consent thereto.

Appears in 3 contracts

Samples: Credit Agreement (Osullivan Industries Holdings Inc), Credit Agreement (Telex Communications International LTD), Credit Agreement (Penhall International Corp)

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Assignment of Business Interruption Insurance. A duly executed assignment of business interruption insurance policy to Agent in form and substance reasonably satisfactory to Agent, obtaining the insurer's ’s consent thereto.thereto.](1)

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Penhall International Corp)

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Assignment of Business Interruption Insurance. A To the extent of any business interruption policy that has not heretofore been assigned to Agent, a duly executed assignment of business interruption insurance policy to Agent in form and substance reasonably satisfactory to Agent, obtaining together with the insurer's ’s consent thereto.

Appears in 1 contract

Samples: Credit Agreement (Penhall International Corp)

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