Insurance Deliverables. (i) The Borrower shall have obtained the insurance required to be in effect under Section 5.06 to the extent required as of the Initial Funding Date and such insurance shall be in full force and effect, and the Borrower shall have furnished the Administrative Agent with certificates signed by the insurer or an agent authorized to bind the insurer, together with loss payee endorsements in favor of the Collateral Agent, evidencing such insurance, identifying underwriters, the type of insurance, the insurance limits and the policy terms, and stating that such insurance (x) is, in each case, in full force and effect and (y) complies with Section 5.06 and that all premiums then due and payable on such insurance have been paid. (ii) Reasonably satisfactory evidence that the Borrower has in place insurance required to be in effect under Section 5.06.
Appears in 2 contracts
Samples: Credit Agreement (Fuelcell Energy Inc), Credit Agreement (Fuelcell Energy Inc)
Insurance Deliverables. (i) The Borrower shall have obtained the insurance required to be in effect under Section 5.06 to the extent required as of the Initial Funding Term Conversion Date and such insurance shall be in full force and effect, and the Borrower shall have furnished the Administrative Agent with certificates signed by the insurer or an agent authorized to bind the insurer, together with loss payee endorsements in favor of the Collateral Agent, evidencing such insurance, identifying underwriters, the type of insurance, the insurance limits and the policy terms, and stating that such insurance (x) is, in each case, in full force and effect and (y) complies with Section 5.06 and that all premiums then due and payable on such insurance have been paid.
(ii) Reasonably The Administrative Agent shall have received reasonably satisfactory evidence that the Borrower has in place insurance required to be in effect under Section 5.06.
Appears in 1 contract
Samples: Credit Agreement (Global Clean Energy Holdings, Inc.)
Insurance Deliverables. (i) The Borrower shall have obtained the insurance required to be in effect under Section 5.06 to the extent required as of the Initial Tranche A Funding Date and such insurance shall be in full force and effect, and the Borrower shall have furnished the Administrative Agent with certificates signed by the insurer or an agent authorized to bind the insurer, together with loss payee endorsements in favor of the Collateral Agent, evidencing such insurance, identifying underwriters, the type of insurance, the insurance limits and the policy terms, and stating that such insurance (x) is, in each case, in full force and effect and (y) complies with Section 5.06 and that all premiums then due and payable on such insurance have been paid.
(ii) Reasonably The Administrative Agent shall have received reasonably satisfactory evidence that the Borrower has in place insurance required to be in effect under Section 5.06.
Appears in 1 contract
Samples: Credit Agreement (Global Clean Energy Holdings, Inc.)
Insurance Deliverables. (i) The Borrower shall have obtained the insurance required to be in effect under Section 5.06 5.07 to the extent required as of the Initial Funding Closing Date and such insurance shall be in full force and effect, and the Borrower shall have furnished the Administrative Agent Lenders with certificates signed by the insurer or an agent authorized to bind the insurer, insurer together with loss payee endorsements in favor of the Collateral Agent, evidencing such insurance, identifying underwriters, the type of insurance, the insurance limits and the policy terms, and stating that such insurance (x) is, in each case, in full force and effect and (y) complies with Section 5.06 5.07 and that all premiums then due and payable on such insurance have been paid.
(ii) Reasonably The Lenders shall have received reasonably satisfactory evidence that the Borrower has in place insurance required to be in effect under Section 5.065.07.
Appears in 1 contract
Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.)