Hazard and Liability Insurance. The Administrative Agent shall have received evidence of property hazard, business interruption and liability insurance required to be maintained pursuant to Section 8.7(a) (with appropriate endorsements naming the Administrative Agent as lender’s loss payee on all policies for property hazard insurance and as additional insured on all policies for liability insurance in accordance with Section 8.7(b), and if requested by the Administrative Agent, copies of such insurance policies.
Appears in 3 contracts
Samples: Credit Agreement (Orbital Sciences Corp /De/), Credit Agreement (Orbital Sciences Corp /De/), Credit Agreement (Orbital Sciences Corp /De/)
Hazard and Liability Insurance. The Administrative Agent shall have received evidence of policies of property hazard, business interruption and liability insurance required insurance, such policies to be maintained pursuant reasonably satisfactory to Section 8.7(a) 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 in accordance with Section 8.7(b)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 property hazard, business interruption and general liability insurance, confirmation of payment of all insurance required to be maintained pursuant to Section 8.7(a) premiums for the current policy year of each (with appropriate endorsements naming the Administrative Agent as lender’s loss payee as its interest may appear on all policies for property hazard insurance and as additional insured on all policies for general liability insurance in accordance with Section 8.7(b), and if requested by the Administrative Agent, copies of such insurance policiesinsurance.
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 required to be maintained pursuant to Section 8.7(a) (with appropriate endorsements naming the Administrative Agent as lender’s loss payee on all policies for property hazard insurance and as additional insured on all policies for liability insurance in accordance with Section 8.7(b)), and if requested by the Administrative Agent, copies of such insurance policies.
Appears in 1 contract
Samples: Credit Agreement (Orbital Atk, Inc.)