Common use of Failure to Pay Insurance Clause in Contracts

Failure to Pay Insurance. If Internet America fails to obtain insurance as hereinabove provided, or to keep the same in force, the Secured Party, if the Secured Party so elect, may obtain such insurance and pay the premium therefor and such expenses so paid shall be part of the Obligations.

Appears in 4 contracts

Samples: Security Agreement (Internet America Inc), Security Agreement (Hunt William O), Security Agreement (Hunt William O)

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