Common use of Insurance of Assets Clause in Contracts

Insurance of Assets. Each insurable asset of the Group has at all material times been and is at the date of this agreement insured against each risk normally insured against by a prudent person operating the types of business operated by the Group.

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement (Willbros Group, Inc.\NEW\)

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Insurance of Assets. Each of its insurable asset of the Group assets has at all material times been and is at the date of this agreement insured against each risk normally insured against by a prudent person operating the types of business operated by the Groupit.

Appears in 1 contract

Samples: Amalgamation Agreement (Flagstone Reinsurance Holdings LTD)

Insurance of Assets. Each The Group Company’s assets and Properties which are of an insurable asset of the Group has nature have at all material times been and is are at the date of this agreement Agreement insured against each risk all such risks normally insured against by a prudent person operating the types of carrying on a similar business operated by the Groupto such Group Company.

Appears in 1 contract

Samples: Share Purchase Agreement (Information Services Group Inc.)

Insurance of Assets. Each insurable asset of the Group Company has at all material times been and is at the date of this agreement insured against each risk normally insured against by a prudent person operating the types of business operated by the GroupCompany.

Appears in 1 contract

Samples: Share Purchase Agreement (Ipc Acquisition Corp)

Insurance of Assets. Each insurable asset of the Group has at all material times been and is at the date of this agreement insured to its full replacement value (with no provision for deduction or excess) against each risk normally insured against by a prudent person operating the types of business operated by the Group.

Appears in 1 contract

Samples: Agreement for the Sale and Purchase of the Subscription Business (Rowecom Inc)

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Insurance of Assets. Each insurable asset of the Group Company has at all material times been and is at the date of this agreement insured to its full replacement values (with no provision for deduction or excess) against each risk normally insured against by a prudent person operating the types of business operated by the GroupCompany.

Appears in 1 contract

Samples: Share Purchase Agreement (Cross Country Healthcare Inc)

Insurance of Assets. Each insurable asset of the Group Company has at all material times been and is at the date of this agreement insured to its full replacement value (with no provision for deduction or excess) against each risk normally insured against by a prudent person operating the types of business operated by the GroupCompany.

Appears in 1 contract

Samples: Share Purchase Agreement (Herley Industries Inc /New)

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