Common use of Casualty and Liability Insurance Required Clause in Contracts

Casualty and Liability Insurance Required. (a) Each Grantor will keep the Collateral continuously insured against such risks as are customarily insured against by businesses of like size and type engaged in the same or similar operations including:

Appears in 26 contracts

Samples: Security Agreement (Sonic Automotive Inc), Security Agreement (Sonic Automotive Inc), Security Agreement (Asbury Automotive Group Inc)

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Casualty and Liability Insurance Required. (a) Each The Grantor will keep the Collateral continuously insured against such risks as are customarily insured against by businesses of like size and type engaged in the same or similar operations including:

Appears in 2 contracts

Samples: Security Agreement (Crocs, Inc.), Security Agreement (Crocs, Inc.)

Casualty and Liability Insurance Required. (a) Each Grantor will keep the Collateral continuously insured insured, by policies of insurance maintained with financially sound and reputable insurance companies, against such risks as are customarily insured against by businesses of like size and type engaged in the same or similar operations including:and operating in the same or similar locations.

Appears in 1 contract

Samples: Security Agreement (Borgwarner Inc)

Casualty and Liability Insurance Required. (a) Each Grantor will keep the Collateral continuously insured against such risks as are customarily insured against by businesses of like size and type engaged in the same or similar operations including:operations.

Appears in 1 contract

Samples: Security Agreement (Sonic Automotive Inc)

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Casualty and Liability Insurance Required. (a) Each Grantor will keep the Collateral continuously insured against such risks as are customarily insured against by businesses of like size and type engaged in the same or similar operations including:operations, in each case in form and in amounts with such terms and provisions as shall be reasonably satisfactory to Administrative Agent.

Appears in 1 contract

Samples: Security Agreement (ModusLink Global Solutions Inc)

Casualty and Liability Insurance Required. (a) Each a)Each Grantor will keep the Collateral continuously insured against such risks as are customarily insured against by businesses of like size and type engaged in the same or similar operations including:

Appears in 1 contract

Samples: Security Agreement

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