Common use of Finance Insurance Premiums Clause in Contracts

Finance Insurance Premiums. Enter into any premium finance arrangements to finance all or a portion of any insurance premiums unless the provider of such financing shall have entered into an agreement with Administrative Agent (in form and substance satisfactory to Administrative Agent) pursuant to which, among other things, such financing provider agrees not to cancel any related insurances policies without first having provided Administrative Agent with at least thirty (30) days’ prior written notice thereof.

Appears in 7 contracts

Samples: Credit Agreement (BRC Inc.), Credit Agreement (BRC Inc.), Credit Agreement (Forbes Energy Services Ltd.)

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