Common use of Continue Insurance Clause in Contracts

Continue Insurance. The Seller shall (i) continue to maintain in full force and effect all policies of insurance or renewals thereof now in effect, (ii) take out, at the expense of the Purchaser, such additional insurance as may be reasonably requested by the Purchaser and (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)

AutoNDA by SimpleDocs

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, (ii) shall take out, at the sole expense of the Purchaser, such additional insurance as may be reasonably requested by the Purchaser and (iii) shall 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, Asset Purchase Agreement (Vecima Networks Inc.), Asset Purchase Agreement (Concurrent Computer Corp/De)

AutoNDA by SimpleDocs

Continue Insurance. The Seller shall (i) continue to maintain in full force and effect all policies of insurance or renewals thereof now in effect, (ii) shall take out, at the expense of the PurchaserPurchaser until the Closing Date, such additional insurance as may be reasonably requested by the Purchaser and (iii) shall give all notices and present all claims under all policies of insurance in a due and timely fashion;; and

Appears in 1 contract

Samples: Asset Purchase Agreement (Neptune Society Inc/Fl)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!