Insurance and Properties. Keep its business and properties insured at all times with responsible insurance companies and carry such types and amounts of insurance as are required by all federal, state and local governments in the areas which the Company does business and as are usually carried by entities engaged in the same or similar business similarly situated. In addition, the Company shall maintain in full force and effect policies of liability insurance in amounts at least equal to that currently in effect.
Appears in 10 contracts
Samples: Convertible Debenture (Rego Payment Architectures, Inc.), Security Agreement (Zone Mining LTD), Security Agreement (Uni-Pixel)
Insurance and Properties. Keep its business and properties insured at all times with responsible insurance companies and carry such types and amounts of insurance as are required by all federal, state and local governments in the areas which the Company Borrower does business and as are usually carried by entities engaged in the same or similar business similarly situated. In addition, the Company Borrower shall maintain in full force and effect policies of liability insurance in amounts at least equal to that currently in effect.
Appears in 8 contracts
Samples: Loan Agreement (Touchstone Resources Usa, Inc.), Loan Agreement (Stellar Technologies, Inc.), Loan Agreement (International Travel Cd S Inc)
Insurance and Properties. Keep its business and properties insured at ------------------------- all times with responsible insurance companies and carry such types and amounts of insurance as are required by all federal, state and local governments in the areas which the Company Borrower does business and as are usually carried by entities engaged in the same or similar business similarly situated. In addition, the Company Borrower shall maintain in full force and effect policies of liability insurance in amounts at least equal to that currently in effect.
Appears in 1 contract
Insurance and Properties. Keep Each of the Company and each of its Subsidiaries shall keep its business and properties insured at all times with responsible insurance companies and carry such types and amounts of insurance as are required by all federal, state and local governments in the areas which the Company and its subsidiaries does business and as are usually carried by entities engaged in the same or similar business similarly situated. In addition, Each of the Company and each of its Subsidiaries shall maintain in full force and effect policies of liability insurance in amounts at least equal to that currently in effect.
Appears in 1 contract
Samples: Securities Purchase Agreement (Trimedia Entertainment Group Inc)
Insurance and Properties. Keep its business and properties insured at all times with responsible insurance companies and carry such types and amounts of insurance as are required by all federal, state and local governments in the areas which the Company does Borrower and its Subsidiaries, if any, do business and as are usually carried by entities corporations engaged in the same or similar business similarly situated. In addition, the Company Borrower and its Subsidiaries shall maintain in full force and effect policies of liability insurance in amounts at least equal to that currently in effect.
Appears in 1 contract
