Common use of Automobile Liability Insurance for Bodily Injury and Property Damage Clause in Contracts

Automobile Liability Insurance for Bodily Injury and Property Damage. Insurance in respect of all vehicles (whether owned, hired or rented by such Person) at any time located at, or used in connection with, its Properties or operations against liabilities for bodily injury and Property damage in such amounts as are then customary for vehicles used in connection with similar Properties and businesses, but in any event to the extent required by applicable law.

Appears in 6 contracts

Samples: Guaranty Agreement (Lufkin Industries Inc), Guaranty Agreement (Lufkin Industries Inc), Credit Agreement (Lufkin Industries Inc)

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Automobile Liability Insurance for Bodily Injury and Property Damage. Insurance insurance against liability for bodily injury and property damage in respect of all vehicles (whether owned, hired or rented by such Personthe Borrowers or any of their Subsidiaries) at any time located at, or used in connection with, its Properties properties or operations against liabilities for bodily injury and Property damage in such amounts as are then customary for vehicles used in connection with similar Properties and businesses, but in any event to the extent required by applicable lawoperations.

Appears in 2 contracts

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

Automobile Liability Insurance for Bodily Injury and Property Damage. Insurance insurance against liability for bodily injury and property damage in respect of all vehicles (whether owned, hired or rented by such Personthe Borrower or any of its Subsidiaries) at any time located at, or used in connection with, its Properties or operations against liabilities for bodily injury and Property damage in such amounts as are then customary for vehicles used in connection with similar Properties and businesses, but in any event to the extent required by applicable law.

Appears in 2 contracts

Samples: Credit Agreement (Cornell Companies Inc), Credit Agreement (Cornell Companies Inc)

Automobile Liability Insurance for Bodily Injury and Property Damage. Insurance against liability for bodily injury and property damage in respect of all vehicles (whether owned, hired or rented by such Personthe Borrower or any of its Restricted Subsidiaries) at any time located at, or used in connection with, its Properties properties or operations against liabilities for bodily injury and Property damage operations, in such amounts as are then customary for vehicles used in connection with similar Properties properties and businesses, but in any event businesses and to the extent required by applicable law, but in no event less than $1,000,000 per accident.

Appears in 2 contracts

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

Automobile Liability Insurance for Bodily Injury and Property Damage. Insurance against liability for bodily injury and property damage in respect of all vehicles (whether owned, hired or rented by such Personthe Borrower or any of its Subsidiaries) at any time located at, or used in connection with, its Properties properties or operations against liabilities for bodily injury and Property damage in such amounts as are then customary for vehicles used in connection with similar Properties properties and businesses, but in any event businesses and to the extent required by applicable law, but in no event less than $1,000,000 combined single limit liability.

Appears in 2 contracts

Samples: Credit Agreement (Stillwater Mining Co /De/), Credit Agreement (Stillwater Mining Co /De/)

Automobile Liability Insurance for Bodily Injury and Property Damage. Insurance against liability for bodily injury and property damage in respect of all vehicles (whether owned, hired or rented by such Personthe Partnership or the Company) at any time located at, or used in connection with, its Properties or operations against liabilities for bodily injury and Property damage in such amounts as are then customary for vehicles used in connection with similar Properties and businessesoperations, but in any no event to less than the extent amount required by applicable law.

Appears in 2 contracts

Samples: Midamerican Energy Holdings Co /New/, Trust Indenture (Williams Companies Inc)

Automobile Liability Insurance for Bodily Injury and Property Damage. Insurance in respect of all vehicles (whether owned, hired or rented by such PersonF.Y.I. or any of its Subsidiaries) at any time located at, or used in connection with, its Properties or operations against liabilities for bodily injury and Property damage in such amounts as are then customary for vehicles used in connection with similar Properties and businesses, but in any event to the extent required by applicable law.

Appears in 1 contract

Samples: Credit Agreement (Fyi Inc)

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Automobile Liability Insurance for Bodily Injury and Property Damage. Insurance insurance against liability for bodily injury and property damage in respect of all vehicles (whether owned, hired or rented by such PersonSSC or any of its Restricted Subsidiaries) at any time located at, or used in connection with, its Properties or operations against liabilities for bodily injury and Property damage in such amounts as are then customary for vehicles used in connection with similar Properties and businesses, but in any event to the extent required by applicable law.

Appears in 1 contract

Samples: Credit Agreement (Tanner Chemicals Inc)

Automobile Liability Insurance for Bodily Injury and Property Damage. Insurance against liability for bodily injury and property damage in respect of all vehicles (whether owned, hired or rented by such Person) at any time located at, or used in connection with, the property owned or operated by the Borrower or its Properties or operations against liabilities for bodily injury and Property damage Subsidiaries in such amounts as are then customary for vehicles used in connection with similar Properties properties and businesses, but in any event businesses and to the extent required by applicable law. Such insurance shall contain a waiver by the insurer of subrogation rights against the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Stillwater Mining Co /De/)

Automobile Liability Insurance for Bodily Injury and Property Damage. Insurance in respect of all vehicles (whether owned, hired or rented by such Personthe Borrower or any of its Subsidiaries) at any time located at, or used in connection with, its Properties or operations against liabilities for bodily injury and Property damage in such amounts as are then customary for vehicles used in connection with similar Properties and businesses, but in any event to the extent required by applicable law.

Appears in 1 contract

Samples: Credit Agreement (Dynamex Inc)

Automobile Liability Insurance for Bodily Injury and Property Damage. Insurance insurance against liability for bodily injury and property damage in respect of all vehicles (whether owned, hired or rented by such Personany Obligor or any of its Restricted Subsidiaries) at any time located at, or used in connection with, its Properties or operations against liabilities for bodily injury and Property damage in such amounts as are then customary for vehicles used in connection with similar Properties and businesses, but in any event to the extent required by applicable law.

Appears in 1 contract

Samples: Credit Agreement (Fabrene Group Inc)

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