Common use of Insurance After Termination Clause in Contracts

Insurance After Termination. Licensee hereafter shall, during the License Term and for a period of ten (10) years after the Termination Date, provide OMRF copies of liability policies which comply fully with this agreement. If Licensee fails at any time to maintain insurance as required in this Agreement, OMRF may (but shall be under no obligation to) purchase its own policy providing all or any of the coverage and recover from Licensee the cost thereof, which shall be payable on demand.

Insurance After Termination. Licensee hereafter shall, during the License Term and for a period of ten (10) years after the Termination Date, provide OMRF copies of liability policies which comply fully with this agreementAgreement. If Licensee fails at any time to maintain insurance as required in this Agreement, OMRF may (but shall be under no obligation to) purchase its own policy providing all or any of the coverage and recover from Licensee the cost thereof, which shall be payable on demand.

Insurance After Termination. Licensee hereafter shall, during the License Term term of this Agreement and for a period of ten (10) years after the Termination Dateits termination for any reason, provide OMRF copies of liability policies which comply fully with this agreement. If Licensee fails at any time to maintain insurance as required in this Agreement, OMRF may (but shall be under no obligation to) purchase its own policy providing all or any of the coverage and recover from Licensee the cost thereof, which shall be payable on demand.

Insurance After Termination. Licensee hereafter shall, during the License Term term of this Agreement and for a period of ten (10) years after the Termination Dateits termination for any reason, provide OMRF copies of liability policies which comply fully with this agreementAgreement. If Licensee fails at any time to maintain insurance as required in this Agreement, OMRF may (but shall be under no obligation to) purchase its own policy providing all or any of the coverage and recover from l~om Licensee the cost thereof, which shall be payable on demand.