Continuance of Insurance Sample Clauses

Continuance of Insurance. The Company will use its best efforts to keep the policies of insurance referred to in clause (ii) of Sections 10(c) and Section 10(f) above in effect for the benefit of the Employee through the 12 month period (as the case may be), and after the expiration of such 12 month period (as the case may be) if the Employee is unable to secure reasonable alternative coverage as a result of lack of insurability, at the written request of the Employee, the Company will use reasonable commercial efforts to continue such coverage, provided that the Company will have no obligation to incur any incremental cost or risk (other than minor administration inconvenience) and Employee shall agree in writing to bear all such cost and risk and hold the Company harmless against same.
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Continuance of Insurance. Seller shall have provided Nautilus with certificate(s) from its insurance brokers, certifying the continuation upon substantially the same terms and conditions of the insurance set forth in Schedule 3.16. Seller will make arrangements to insure the continued coverage after the Closing Date of Buyer under an insurance policy for any and all liabilities for injury to persons or property arising out of the sale by Seller of the products of the Business prior to the Closing Date.
Continuance of Insurance. Subject to the provisions of this Agreement, and the limitations of the group insurance programs established by Article 9, an employee on an unpaid Leave of Absence may continue to participate in the group insurance programs. An employee choosing to continue participation shall pay the entire monthly premiums of such programs effective on the date the Leave begins.
Continuance of Insurance. Notwithstanding Section 2.1(a), the existing insurance policies of CPE LLC under the Rio Tinto Group's captive insurance carrier set forth on Schedule 2.3 (the "Three Crowns Policies") shall not terminate, but will continue following the Closing Date until the applicable expiration date for such policy as set forth on Schedule 2.3, unless earlier terminated by the applicable member(s) of the Rio Tinto Group upon at least sixty (60) days prior written notice to CPE LLC. Upon the expiration of the applicable policies (or the termination, if earlier terminated by the Rio Tinto Group), such policy shall be deemed to be cancelled and CPE LLC for itself and any other members of the Cloud Peak Group hereby waive any and all right to make a claim from and after such expiration date (or termination date, if applicable) (irrespective of whether the circumstances giving rise to such claim occurred prior to the expiration date (or termination date, if applicable)). CPE LLC hereby agrees to pay any applicable deductibles or other payments following the Closing Date with respect to the Three Crowns Policies. For the avoidance of doubt, the insurance policies of CPE under the Rio Tinto Group's captive insurance carrier shall terminate effective as of the Closing Date pursuant to Section 2.1(a).
Continuance of Insurance. Upon request of an employee on layoff status, and subject to availability, the District shall make provision for the continuance of an employee's participation in any District group insurance program. The entire premium required shall be paid by the employee to the District’s third party administrator on a monthly basis as required by the District.
Continuance of Insurance the Vendor will cause the Target Companies to use their commercially reasonable efforts to continue and maintain in full force and effect all of the Target Companies' policies of insurance or renewals thereof now in effect and will give all notices and present all claims under all policies of insurance in a due and timely fashion;

Related to Continuance of Insurance

  • Maintenance of Insurance The Company shall use commercially reasonable efforts to obtain and maintain in effect during the entire period for which the Company is obligated to indemnify the Indemnitee under this Agreement, one or more policies of insurance with reputable insurance companies to provide the officers/directors of the Company with coverage for losses from wrongful acts and omissions and to ensure the Company’s performance of its indemnification obligations under this Agreement. The Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the coverage available for any such director or officer under such policy or policies. In all such insurance policies, the Indemnitee shall be named as an insured in such a manner as to provide the Indemnitee with the same rights and benefits as are accorded to the most favorably insured of the Company’s directors and officers.

  • Maintenance of Insurance Coverage Each party agrees to maintain throughout the term of this Agreement professional liability insurance coverage of the type and amount reasonably customary in its industry. Upon request, a party shall furnish the other party with pertinent information concerning the professional liability insurance coverage that it maintains. Such information shall include the identity of the insurance carrier(s), coverage levels, and deductible amounts.

  • Evidence of Insurance Receipt by the Administrative Agent of copies of insurance policies or certificates of insurance of the Loan Parties evidencing liability and casualty insurance meeting the requirements set forth in the Loan Documents, including, but not limited to, naming the Administrative Agent as additional insured (in the case of liability insurance) or loss payee (in the case of hazard insurance) on behalf of the Lenders.

  • Continuation of Insurance All policies of insurance shall provide for at least 30 days prior written cancellation notice to the Secured Party. In the event of failure by the Debtor to provide and maintain insurance as herein provided, the Secured Party may, at its option, provide such insurance and charge the amount thereof to the Debtor. The Debtor shall furnish the Secured Party with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

  • Types of Insurance The types and amounts of insurance required to be maintained under this Article are as follows:

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