Common use of Insurance Generally Clause in Contracts

Insurance Generally. The insurance which Purchasers are required to procure and maintain pursuant to paragraphs 7 and 9 of this contact shall be issued by an insurance company or companies licensed to do business in the State of Minnesota and acceptable to Seller. The insurance shall be maintained by Purchasers at all times while any amount remains unpaid under this contract. The insurance policies shall provide for not less than ten days written notice to Seller before cancellation, non-renewal, termination or change in coverage, and Purchasers shall deliver to Seller a duplicate original or certificate of such insurance policy or policies.

Appears in 4 contracts

Samples: Contract for Deed, Contract for Deed, Contract for Deed

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Insurance Generally. The insurance which Purchasers are required to procure and maintain pursuant to paragraphs 7 and 9 of this contact Contract for Deed shall be issued by an insurance company or companies licensed to do business in the State of Minnesota and acceptable to Seller. The insurance shall be maintained by Purchasers at all times while any amount remains unpaid under this contractContract for Deed. The insurance policies shall provide for not less than ten (10) days written notice to Seller before cancellation, non-renewal, termination or change in coverage, and Purchasers shall deliver to Seller a duplicate original or certificate of such insurance policy or policies.

Appears in 4 contracts

Samples: Contract for Deed, Contract for Deed, Contract for Deed

Insurance Generally. The insurance which Purchasers are Purchaser is required to procure and maintain pursuant to paragraphs 7 and 9 of this contact contract shall be issued by an insurance company or companies licensed to do business in the State of Minnesota and acceptable to Seller. The insurance shall be maintained by Purchasers Purchaser at all times while any amount remains unpaid under this contract. The insurance policies shall provide for not less than ten days written notice to Seller before cancellation, non-renewal, termination or change in coverage, and Purchasers Purchaser shall deliver to Seller a duplicate original or certificate of such insurance policy or policies.

Appears in 2 contracts

Samples: Contract for Deed (Oakridge Holdings Inc), Contract for Deed (Oakridge Holdings Inc)

Insurance Generally. The insurance which Purchasers are Purchaser is required to procure and maintain pursuant to paragraphs 7 and 9 of this contact Contract shall be issued by an insurance company or companies licensed to do business in the State of Minnesota and acceptable to SellerMinnesota. The insurance shall be maintained by Purchasers Purchaser at all times while any amount remains unpaid under this contractContract. The insurance policies shall provide for not less than ten days days’ written notice to Seller and PEDC before cancellation, non-renewal, termination or change in coverage, and Purchasers Purchaser shall deliver to Seller a duplicate original or certificate of such insurance policy or policies.

Appears in 1 contract

Samples: Contract for Deed (Tru Shrimp Companies, Inc.)

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Insurance Generally. The insurance which Purchasers are Purchaser is required to procure and maintain pursuant to paragraphs 7 and 9 of this contact Contract shall be issued by an insurance company or companies licensed to do business in the State of Minnesota and acceptable to Seller. The insurance shall be maintained by Purchasers Purchaser at all times while any amount remains unpaid under this contractContract. The insurance policies shall provide for not less than ten (10) days written notice to Seller before cancellation, non-renewal, termination or change in coverage, and Purchasers Purchaser shall deliver to Seller a duplicate original or certificate of such insurance policy or policies.

Appears in 1 contract

Samples: Contract for Deed

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