Continue Insurance. The Seller shall continue to maintain in full force and effect all director and officer and policies of insurance or renewals thereof now in effect, shall take out, at the sole expense of the Purchaser, such additional insurance as may be reasonably requested by the Purchaser and shall give all notices and present all claims under all policies of insurance in a due and timely fashion;
Appears in 3 contracts
Samples: Escrow Agreement, Escrow Agreement (Vecima Networks Inc.), Asset Purchase Agreement (Concurrent Computer Corp/De)
Continue Insurance. The Seller shall (i) continue to maintain in full force and effect all director and officer and policies of insurance or renewals thereof now in effect, shall (ii) take out, at the sole expense of the Purchaser, such additional insurance as may be reasonably requested by the Purchaser and shall (iii) give all notices and present all claims under all policies of insurance in a due and timely fashion;
Appears in 3 contracts
Samples: Asset Purchase Agreement (Uti Energy Corp), Asset Purchase Agreement (Uti Energy Corp), Asset Purchase Agreement (Uti Energy Corp)
Continue Insurance. The Seller shall continue to maintain in full force and effect all director and officer and policies of insurance or renewals thereof now in effect, shall take out, at the sole expense of the PurchaserPurchaser until the Closing Date, such additional insurance as may be reasonably requested by the Purchaser and shall give all notices and present all claims under all policies of insurance in a due and timely fashion;; and
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