Common use of Business Interruption Insurance Clause in Contracts

Business Interruption Insurance. Each of the Company and its Subsidiaries shall maintain with financially sound and reputable insurers insurance related to interruption of business, either for loss of revenues or for extra expense, in the manner customary for businesses of similar size engaged in similar activities.

Appears in 10 contracts

Samples: Credit Agreement (Transmontaigne Inc), Credit Agreement (Transmontaigne Inc), Credit Agreement (Doe Run Resources Corp)

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Business Interruption Insurance. Each of the The Company and its Subsidiaries shall maintain with financially sound and reputable insurers insurance related to interruption of business, either for loss of revenues or for extra expenseexpense as it relates to the loss of revenues, in an amount deemed to be adequate in the reasonable business judgment of the Company for the 12-month period of each insurance policy, which amount shall be reasonably satisfactory to the Administrative Agent, and otherwise in the manner customary for businesses of similar size engaged in similar activitiesactivities at similar locations.

Appears in 7 contracts

Samples: Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc)

Business Interruption Insurance. Each of the Company and its Subsidiaries shall maintain with financially sound and reputable insurers insurance related to interruption of business, either for loss of revenues profits or for extra expense, in the manner customary for businesses of similar size engaged in similar activities.

Appears in 3 contracts

Samples: Note Purchase and Private Shelf Agreement (American Biltrite Inc), Note Purchase Agreement (American Biltrite Inc), Credit Agreement (American Biltrite Inc)

Business Interruption Insurance. Each of the The Company and each of its Subsidiaries shall maintain with financially sound and reputable insurers insurance related to interruption of business, either for loss of revenues or for extra expense, in the manner customary for businesses of similar size engaged in similar activities.

Appears in 1 contract

Samples: Subordinated Note and Warrant Purchase Agreement (Monitronics International Inc)

Business Interruption Insurance. Each of the Holding Company and its Subsidiaries shall maintain with financially sound and reputable insurers insurance related to interruption of business, either for loss of revenues or for extra expense, in the manner customary for businesses of similar size engaged in similar activities.

Appears in 1 contract

Samples: Credit Agreement (Playcore Inc)

Business Interruption Insurance. Each of the Company and ------------------------------- its Subsidiaries shall maintain with financially sound and reputable insurers insurance related to interruption of business, either for loss of revenues or for extra expense, in the manner customary for businesses of similar size engaged in similar activities.

Appears in 1 contract

Samples: Credit Agreement (Westower Corp)

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Business Interruption Insurance. Each of the Company and its Subsidiaries Obligors shall maintain with financially sound and reputable insurers insurance related to interruption of business, either for loss of revenues or for extra expense, in the manner customary for businesses of similar size engaged in similar activitiesactivities in similar localities.

Appears in 1 contract

Samples: Credit Agreement (Ameripath Inc)

Business Interruption Insurance. Each of the Company and Company, its Subsidiaries and the Restricted Affiliates shall maintain with financially sound and reputable insurers insurance related to interruption of business, either for loss of revenues or for extra expense, in the manner customary for businesses of similar size engaged in similar activities.

Appears in 1 contract

Samples: Credit Agreement (Element K Corp)

Business Interruption Insurance. Each of the Company and its Subsidiaries shall maintain with financially sound and reputable insurers insurance related to interruption of business, either for loss of revenues or for extra expense, in the manner customary for businesses comparable to the policies now in place as previously furnished to the Agent; provided, however, that each of similar size engaged the Company and its Subsidiaries may alter the manner in similar activitieswhich it maintains such insurance policies with the prior written consent of the Agent, such consent not to be unreasonably withheld.

Appears in 1 contract

Samples: Credit Agreement (Marquee Group Inc)

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