Common use of Insurance Coverages Clause in Contracts

Insurance Coverages. Lessee shall at all times, at its expense, cause to be carried and maintained with financially sound and reputable insurers, insurance against loss or damage to the Items of Equipment, of the kinds and in the amounts customarily maintained by similar corporations engaged in similar operations in similar jurisdictions and carry such other insurance as is usually carried by such corporations; provided, that in any event Lessee will maintain:

Appears in 5 contracts

Samples: Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp)

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Insurance Coverages. Each Lessee shall at all times, at its expense, cause to be carried and maintained with financially sound and reputable insurers, insurance against loss or damage to the Items of EquipmentUnits leased by such Lessee, of the kinds and in the amounts customarily maintained by similar prudent corporations engaged in similar operations in circumstances carrying on similar jurisdictions and carry such other insurance as is usually carried by such corporations; providedbusinesses, provided that in any event each Lessee will maintain:

Appears in 1 contract

Samples: Assumption Agreement (Arch Coal Inc)

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Insurance Coverages. Lessee shall at all times, at its ------------------- expense, cause to be carried and maintained with financially sound and reputable insurers, insurance against loss or damage to the Items of EquipmentCollateral, of the kinds and in the amounts customarily maintained by similar corporations Persons engaged in similar operations in similar jurisdictions and carry such other insurance as is usually carried by such corporations; providedPersons, provided that in any event Lessee will maintain:: --------

Appears in 1 contract

Samples: Lease Intended as Security (Levi Strauss & Co)

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