Common use of General Business Insurance Clause in Contracts

General Business Insurance. Maintain insurance satisfactory to Lender as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of Borrower’s properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers’ compensation, and any other insurance which is usual for Borrower’s business.

Appears in 2 contracts

Samples: Loan Agreement (Odyssey Marine Exploration Inc), Loan Agreement (Odyssey Marine Exploration Inc)

AutoNDA by SimpleDocs

General Business Insurance. Maintain To maintain insurance satisfactory to Lender the Bank as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower’s 's real properties, business interruption insurance, public commercial general liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual and reasonable for the Borrower’s 's business.

Appears in 1 contract

Samples: Loan Agreement (Craft Brewers Alliance, Inc.)

General Business Insurance. Maintain To maintain insurance satisfactory to Lender the Bank as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower’s real properties, business interruption insurance, public commercial general liability insurance including coverage for contractual liability, product liability and workers’ compensation, and any other insurance which is usual and reasonable for the Borrower’s business.

Appears in 1 contract

Samples: Loan Agreement (Redhook Ale Brewery Inc)

General Business Insurance. Maintain To maintain insurance satisfactory to Lender the Bank as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of Borrower’s the Borrowers' properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for Borrower’s businessthe Borrowers' businesses.

Appears in 1 contract

Samples: Loan Agreement (Mercury Air Group Inc)

General Business Insurance. Maintain To maintain insurance satisfactory -------------------------- to Lender the Bank as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower’s 's or Subsidiary Borrower's properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the Borrower’s 's business.

Appears in 1 contract

Samples: Business Loan Agreement (Impco Technologies Inc)

General Business Insurance. Maintain To maintain insurance satisfactory to Lender the Bank as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower’s 's properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the Borrower’s 's business.

Appears in 1 contract

Samples: Loan Agreement (Energy Resources 12, L.P.)

General Business Insurance. Maintain To maintain insurance satisfactory to Lender Bank as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of Borrower’s 's properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for Borrower’s 's business.

Appears in 1 contract

Samples: Business Loan Agreement (Mobility Electronics Inc)

AutoNDA by SimpleDocs

General Business Insurance. Maintain To maintain insurance -------------------------- satisfactory to Lender the Bank as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of Borrower’s the Borrowers' properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for Borrower’s the Borrowers' business.

Appears in 1 contract

Samples: Business Loan Agreement (Kinetics Group Inc)

General Business Insurance. Maintain To maintain insurance satisfactory to the Lender as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower’s properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the Borrower’s business. The Borrower shall use commercially reasonable efforts to include in each such policy a provision that provides notice to the Lender of any cancellation of such policy.

Appears in 1 contract

Samples: Loan Agreement (Energy 11, L.P.)

General Business Insurance. Maintain To maintain insurance satisfactory to Lender the Bank as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower’s 's and its Subsidiaries properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the Borrower’s 's and its Subsidiaries business.

Appears in 1 contract

Samples: Business Loan Agreement (Pacific Sunwear of California Inc)

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