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, without limiting the generality of any other covenant herein contained:

Appears in 5 contracts

Samples: Guaranty Agreement (Breed Technologies Inc), Security Agreement (Bec Group Inc), Bolle Credit Agreement (Bolle 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, without limiting the generality of any other covenant herein contained:

Appears in 5 contracts

Samples: Subsidiary Security Agreement (Merlin Software Technologies International Inc), Amended and Restated Security Agreement (Merlin Software Technologies International Inc), Stock Pledge Agreement (Cultural Access Worldwide 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 (or on a self-insured basis customary for companies similarly situated and in accordance with prudent business practice) including, without limiting the generality of any other covenant herein containedlimitation:

Appears in 2 contracts

Samples: General Security Agreement (Cone Mills Corp), Priority Security Agreement (Cone Mills Corp)

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, without limiting the generality of any other covenant herein contained:

Appears in 1 contract

Samples: Security Agreement (Virologic 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 Persons of like size similar size, in the same general locality and type engaged in the same or similar operations includingbusiness, without limiting the generality of any such types and in such amounts as are customarily carried under similar circumstances by such other covenant herein contained:Persons.

Appears in 1 contract

Samples: Security Agreement (Infocrossing Inc)

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