Common use of Insurance; Maintenance of Properties Clause in Contracts

Insurance; Maintenance of Properties. The Company will maintain with financially sound and reputable insurers, insurance with coverage and limits as may be required by law. The Company will maintain, in good repair, working order, and condition, all properties used or useful in the business of the Company.

Appears in 4 contracts

Samples: Revolving Credit Agreement, Revolving Credit Agreement (Hickok Inc), Revolving Credit Agreement (Hickok Inc)

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Insurance; Maintenance of Properties. The Company Companies will maintain with financially sound and reputable insurers, insurance with coverage and limits as may be required by lawlaw or as may be reasonably required by the Bank. The Company Companies will, upon request from time to time, furnish to the Bank a schedule of all insurance carried by it, setting forth in detail the amount and type of such insurance. The Companies will maintain, maintain in good repair, working order, and condition, all properties used or useful in the business of the CompanyCompanies.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Morgan Group Inc)

Insurance; Maintenance of Properties. The Company will maintain with financially sound and reputable insurers, insurance with coverage and limits as may be required by law. The Company will maintain, in good repair, working order, and condition, all properties used or useful in the business of the Company. Section 5.3.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hickok Inc)

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Insurance; Maintenance of Properties. The Company will maintain with financially sound and reputable insurers, insurance with coverage on the thermal imaging cameras and related equipment purchased with the proceeds of the Loan made herby in limits as may be required by lawlaw or as may be reasonably required by the Lender. The Company will, upon request from time to time, furnish to the Lender a schedule of all insurance carried by it, setting forth in detail the amount and type of such insurance. The Company will maintain, in good repair, working order, and condition, all properties used or useful in the business of the Company.

Appears in 1 contract

Samples: Term Loan Agreement (Wellstar International, Inc.)

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