Common use of Insurance by the Company Clause in Contracts

Insurance by the Company. The Company shall procure at its own expense and maintain in full force and effect at all times throughout the term of this Note Purchase Agreement insurance policies with insurance companies rated A-, 9 or higher by A.M. Best, or acceptable to the Required Holders if not so rated, and authorized to do business in the State of Texas.

Appears in 3 contracts

Samples: Note Purchase Agreement (InfraREIT, Inc.), Note Purchase Agreement (InfraREIT, Inc.), Note Purchase Agreement (InfraREIT, Inc.)

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Insurance by the Company. The Company shall procure at its own expense and maintain in full force and effect at all times throughout the term of this Note Purchase Agreement insurance policies with insurance companies rated A-, 9 or higher by A.M. Best, or acceptable to the Required Holders if not so rated, and authorized to do business in the State of Texas.. SCHEDULE A-23 (To Note Purchase Agreement)

Appears in 1 contract

Samples: Note Purchase Agreement (InfraREIT, Inc.)

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