Common use of Facilities Insurance Clause in Contracts

Facilities Insurance. The Company shall exercise all its rights and powers and will perform all of its duties under the Inter-Company Agreements to cause insurance to be taken out and continuously maintained in effect with respect to the Facilities against such risks and to such extent as is required by the Inter-Company Agreements. All proceeds of such insurance shall be for the account of the Company to the extent of the interest of the Company in the Facilities.

Facilities Insurance. The Company shall exercise all its rights and powers and will perform all of its duties under the Inter-Company Inter‑Company Agreements to cause insurance to be taken out and continuously maintained in effect with respect to the Facilities against such risks and to such extent as is required by the Inter-Company Inter‑Company Agreements. All proceeds of such insurance shall be for the account of the Company to the extent of the interest of the Company in the Facilities.

Facilities Insurance. The Company shall exercise all its rights and powers and will perform all of its duties under the Inter-Company Agreements to cause insurance to be taken out and continuously maintained in effect with respect to the Facilities against such risks and to such extent as is required by the Inter-Company Agreements. All proceeds of such - 4 - Loan Agreement insurance shall be for the account of the Company to the extent of the interest of the Company in the Facilities.

Facilities Insurance. The Company shall exercise all its rights and powers and will perform all of its duties under the Inter-Company Agreements to cause insurance to be taken out and continuously maintained in effect with respect to the Facilities against such risks and to such extent as is required by the Inter-Company Agreements. All proceeds of such insurance shall be for the account of the Company to the extent of the its interest of the Company in the Facilitiestherein.