Common use of Hazard and Liability Insurance Clause in Contracts

Hazard and Liability Insurance. The Administrative Agent shall have received evidence of property hazard, business interruption and liability insurance, evidence of payment of all insurance premiums for the current policy year of each (with appropriate endorsements naming the Administrative Agent as lender’s loss payee (and mortgagee, as applicable) on all policies for property hazard insurance and as additional insured on all policies for liability insurance, and if requested by the Administrative Agent, copies of such insurance policies.

Appears in 13 contracts

Samples: Credit Agreement (Patrick Industries Inc), Credit Agreement (Patrick Industries Inc), Credit Agreement (Patrick Industries Inc)

AutoNDA by SimpleDocs

Hazard and Liability Insurance. The Administrative Agent shall have received received, in each case in form and substance reasonably satisfactory to the Administrative Agent, evidence of property hazard, business interruption and liability insuranceinsurance covering each Credit Party, evidence of payment of all insurance premiums for the current policy year of each policy (with appropriate endorsements naming the Administrative Agent as lender’s loss payee (and mortgagee, as applicable) on all policies for property hazard insurance and as additional insured on all policies for liability insurance), and if requested by the Administrative Agent, copies of such insurance policies.

Appears in 4 contracts

Samples: Credit Agreement (Media General Inc), Credit Agreement (Supreme Industries Inc), Credit Agreement (Supreme Industries Inc)

Hazard and Liability Insurance. The Administrative Agent shall have received evidence of property hazard, business interruption and liability insuranceinsurance covering each Credit Party, evidence of payment of all insurance premiums for the current policy year of each policy (with appropriate endorsements naming the Administrative Agent as lender’s loss payee (and mortgagee, as applicable) on all policies for property hazard insurance and as additional insured on all policies for liability insurance), and and, if requested by the Administrative Agent, copies (certified by a Responsible Officer) of such insurance policiespolicies in the form required under the Security Documents and otherwise in form and substance reasonably satisfactory to the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Corrections Corp of America), Credit Agreement (Corrections Corp of America), Credit Agreement (Corrections Corp of America)

Hazard and Liability Insurance. The Administrative Agent shall have received evidence of policies of property hazard, business interruption and liability insurance, such policies to be reasonably satisfactory to the Administrative Agent, evidence of payment of all insurance premiums for the current policy year of each (with appropriate endorsements naming the Administrative Collateral Agent as lender’s loss payee (and mortgagee, as applicable) on all policies for property hazard insurance and as additional insured on all policies for liability insurance, and if requested by the Administrative Agent, copies of such insurance policies.

Appears in 2 contracts

Samples: Credit Agreement (Macquarie Infrastructure Corp), Credit Agreement (Macquarie Infrastructure Corp)

Hazard and Liability Insurance. The Administrative Agent shall have received evidence of policies of property hazard, business interruption and liability insurance, such policies to be reasonably satisfactory to the Administrative Agent, evidence of payment of all insurance premiums for the current policy year of each (with appropriate endorsements naming the Administrative Collateral Agent as lender’s loss payee (and mortgagee, as applicable) on all policies for property hazard insurance and as additional insured on all policies for liability insurance, and if requested by the Administrative Agent, copies of such insurance policiespolicies .

Appears in 2 contracts

Samples: Credit Agreement (Macquarie Infrastructure CO LLC), Credit Agreement (Macquarie Infrastructure CO LLC)

Hazard and Liability Insurance. The Administrative Agent shall have received evidence of property hazard, business interruption and general liability insurance, evidence confirmation of payment of all insurance premiums for the current policy year of each (with appropriate endorsements naming the Administrative Agent as lender’s loss payee (and mortgagee, as applicable) its interest may appear on all policies for property hazard insurance and as additional insured on all policies for general liability insurance, and if requested by the Administrative Agent, copies of such insurance policies.

Appears in 2 contracts

Samples: Credit Agreement (Kronos Worldwide Inc), Credit Agreement (Kronos Worldwide Inc)

Hazard and Liability Insurance. The Administrative Agent shall have received evidence of property hazard, business interruption and liability insurance, evidence of payment of all insurance premiums for the current policy year of each (with appropriate endorsements naming the Administrative Agent as lender’s Lenders’ loss payee (and mortgagee, as applicable) on all policies for property hazard insurance and as additional insured on all policies for liability insurance, and if requested by the Administrative Agent, copies of such insurance policies.

Appears in 1 contract

Samples: Credit Agreement (Coeur Mining, Inc.)

Hazard and Liability Insurance. The Administrative Agent shall have received received, subject to Section 9.14, evidence of property hazard, business interruption and liability insurance, evidence of payment of all insurance premiums for the current policy year of each (with appropriate endorsements naming the Administrative Agent as lender’s loss payee (and mortgagee, as applicable) on all policies for property hazard insurance and as additional insured on all policies for liability insurance, and if requested by the Administrative Agent, copies of such insurance policies.

Appears in 1 contract

Samples: Credit Agreement (Aci Worldwide, Inc.)

AutoNDA by SimpleDocs

Hazard and Liability Insurance. The Administrative Agent shall have received evidence of property hazard, business interruption and liability insurance, evidence of payment of all insurance premiums for the current policy year of each (with appropriate endorsements naming the Administrative Agent as lender’s loss payee (and mortgagee, as applicable) on all policies for property hazard insurance and as additional insured on all policies for liability insurance, and if requested by the Administrative Agent, copies of such insurance policies.

Appears in 1 contract

Samples: Pledge Agreement (Coeur D Alene Mines Corp)

Hazard and Liability Insurance. The Administrative Agent shall have received evidence of property hazard, business interruption and liability insurance, evidence of payment of all insurance premiums for the current policy year of each (with appropriate endorsements naming the Administrative Agent as lender’s loss payee (and mortgagee, as applicable) on all policies for property hazard insurance and as additional insured on all policies for liability insuranceeach, and if requested by the Administrative Agent, copies of such insurance policies.

Appears in 1 contract

Samples: Credit Agreement (Chuy's Holdings, Inc.)

Hazard and Liability Insurance. The Administrative Agent shall have received evidence of property hazard, business interruption and liability insurance, evidence of payment of all insurance premiums for the current policy year of each (with appropriate endorsements naming the Administrative Agent as lender’s loss payee (and mortgagee, as applicable)) on all policies for property hazard insurance and as additional insured on all policies for liability insurance, and if requested by the Administrative Agent, copies of such insurance policies.

Appears in 1 contract

Samples: Credit Agreement (Chuy's Holdings, Inc.)

Hazard and Liability Insurance. The Administrative Agent shall have received received, in each case in form and substance reasonably satisfactory to the Administrative Agent, evidence of property hazard, business interruption and liability insuranceinsurance covering each Credit Party, evidence of payment of all insurance premiums for the current policy year of each policy (with appropriate endorsements naming the Administrative Agent as lender’s loss payee (and mortgagee, as applicable) on all policies for property hazard insurance and as additional insured 43360385_8 on all policies for liability insurance), and if requested by the Administrative Agent, copies of such insurance policies.

Appears in 1 contract

Samples: Credit Agreement (Merit Medical Systems Inc)

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