Insurance on Properties Sample Clauses

Insurance on Properties. Keep its business and properties insured at all times with responsible insurance companies and carry such types and amounts of insurance as are usually carried by corporations engaged in the same or a similar business similarly situated.
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Insurance on Properties. The Company will maintain or cause to be maintained insurance with reputable insurance companies on such of the properties of the Company in such amounts and against such risks as is deemed sufficient by the Company's management and as is satisfactory to the Investor. The Company will furnish to the Investor, upon request, certificates signed by the President or the Chief Financial Officer of the Company setting forth a list of all insurance in force on the properties of the Company and containing a general schedule of property insured, risks insured against and amount of insurance then in force.
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Insurance on Properties. Within a reasonable time from the date hereof, the Company shall obtain and maintain or cause to be maintained insurance with reputable insurance companies on such of the properties of the Company in such amounts and against such risks as is deemed sufficient by the Company's management and as is satisfactory to the Investor. The Company will furnish to the Investor, upon request, certificates signed by the President or the Chief Financial Officer of the Company setting forth a list of all insurance in force on the properties of the Company and containing a general schedule of property insured, risks insured against and amount of insurance then in force.
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Insurance on Properties. At all times keep and maintain in force: (i) insurance upon its assets and properties which are of an insurable nature, real and personal, tangible and intangible, including, but not limited to, the Aircraft (for and in an amount equal to no less than Nine Million and no/100 Dollars ($9,000,000)), and against loss or damage from such hazards and risks as are reasonable and proper in accordance with the Security Agreement and sound business practice and as is customarily carried by persons owning similar properties and conducting similar business (including, without limitation, Borrower shall comply with the insurance requirements of the Security Agreement); (ii) liability insurance in such amount and for such coverage as are reasonable and proper in accordance with sound business practices and as is customarily carried by persons conducting similar business, of similar size and similarly situated and in the amounts and with the coverages required by the Security Agreement; and (iii) such other insurance as may be required by law or reasonably requested in writing by Lender. All such insurance shall be with responsible and reputable insurance companies, shall name Lender as an additional insured on all liability policies and shall be cancelable or materially changed only after thirty (30) days' prior written notice thereof to Lender.
Sample 1
Insurance on Properties. At all times keep and maintain in force: (i) insurance upon its assets and properties which are of an insurable nature, real and personal, tangible and intangible, including, but not limited to, the Mortgaged Property (for and in an amount equal to no less than Seven Million One Hundred Thousand and no/100 Dollars ($7,100,000), and against loss or damage from such hazards and risks as are reasonable and proper in accordance with the Leasehold Mortgage and sound business practice and as is customarily carried by persons owning similar properties and conducting similar business (including, without limitation, Borrower shall comply with the insurance requirements of the Leasehold Mortgage); (ii) liability insurance in such amount and for such coverage as are reasonable and proper in accordance with sound business practices and as is customarily carried by persons conducting similar business, of similar size and similarly situated and in the amounts and with the coverages required by the Leasehold Mortgage; and (iii) such other insurance as may be required by law or reasonably requested in writing by Lender. All such insurance shall be with responsible and reputable insurance companies, shall name Lender as an additional insured on all liability policies and shall be cancelable or materially changed only after thirty (30) days' prior written notice thereof to Lender.
Sample 1
Insurance on Properties. Each Obligor shall keep its business and properties (including but not limited to all Collateral) insured at all times with responsible insurance companies and carry such types and amounts of insurance as are usually carried by corporations engaged in the same or a similar business similarly situated as is reasonably satisfactory to the Bank and provide the Bank with copies of all such policies or certificates of insurance which insure property encumbered hereunder naming the Bank as an additional insured and/or lienholder.
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Insurance on Properties keep or cause to be kept insured all its insurable properties (specifically including leased properties and assets in which Borrower has an insurable interest) against such risks as are usually insured against by entities engaged in the same or similar business and maintain such other insurance as may be required by law or as may be reasonably requested by the Lender.
Sample 1
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Insurance on Properties. (a) At all times maintain in some ----------------------- company or companies (having a Best's rating of A:XI or better) approved by Bank:
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Related to Insurance on Properties

  • Properties, Business, Insurance The Company shall maintain and cause each of its subsidiaries to maintain as to their respective properties and business, with financially sound and reputable insurers, insurance against such casualties and contingencies and of such types and in such amounts as is customary for companies similarly situated, which insurance shall be deemed by the Company to be sufficient.

  • Maintenance of Property; Insurance (a) Keep all property useful and necessary in its business in good working order and condition, ordinary wear and tear excepted and (b) maintain with financially sound and reputable insurance companies insurance on all its property in at least such amounts and against at least such risks (but including in any event public liability, product liability and business interruption) as are usually insured against in the same general area by companies engaged in the same or a similar business.

  • Maintenance of Properties and Insurance (a) The Issuer shall cause all material properties owned by or leased by it or any of its Restricted Subsidiaries used or useful to the conduct of its business or the business of any of its Restricted Subsidiaries to be maintained and kept in normal condition, repair and working order and supplied with all necessary equipment and shall cause to be made all repairs, renewals, replacements, and betterments thereof, all as in its judgment may be necessary, so that the business carried on in connection therewith may be properly and advantageously conducted at all times; provided, however, that nothing in this Section 4.05 shall prevent the Issuer or any of its Restricted Subsidiaries from discontinuing the use, operation or maintenance of any of such properties, or disposing of any of them, if such discontinuance or disposal is, in the judgment of the management of the Issuer or any such Restricted Subsidiary desirable in the conduct of the business of the Issuer or any such Restricted Subsidiary; provided, further, that nothing in this Section 4.05 shall prevent the Issuer or any of its Restricted Subsidiaries from discontinuing or disposing of any properties to the extent otherwise permitted by this Indenture.

  • Property Insurance It is acknowledged that the Landlord/Property Management Company/ Agent shall not be liable for any loss of personal property to the Tenant, as a result of an infestation of bedbugs. Xxxxxx agrees to obtain personal property insurance to cover such losses.

  • Maintenance of Properties; Insurance The Borrower will, and will cause each of its Subsidiaries to, (a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, and (b) maintain, with financially sound and reputable insurance companies, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

  • Standard Hazard Insurance and Flood Insurance Policies (a) For each Mortgage Loan, the Master Servicer shall enforce any obligation of the Servicers under the related Servicing Agreements to maintain or cause to be maintained standard fire and casualty insurance and, where applicable, flood insurance, all in accordance with the provisions of the related Servicing Agreements. It is understood and agreed that such insurance shall be with insurers meeting the eligibility requirements set forth in the applicable Servicing Agreement and that no earthquake or other additional insurance is to be required of any Mortgagor or to be maintained on property acquired in respect of a defaulted loan, other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance.

  • Maintenance of Property and Insurance Until the End Date, the Company shall keep all of its property, which is necessary or useful to the conduct of its business, in good working order and condition, ordinary wear and tear excepted. Until the End Date, the Company will maintain insurance coverage of the type and not less than the amount in effect as of the Closing Date.

  • Environmental Insurance If required by Lender, Borrower shall have obtained a secured creditor environmental insurance policy with respect to the Property, which shall be in form and substance satisfactory to Lender. Any such policy shall have a term not less than the term of the Loan. Borrower shall have provided to Lender evidence that the premiums for such policy has been paid in full.

  • Existence; Compliance with Laws; Businesses and Properties (a) Do or cause to be done all things necessary to preserve, renew and keep in full force and effect its legal existence, except as otherwise expressly permitted under Section 6.05.

  • Liability and Casualty Insurance The Administrative Agent shall have received copies of insurance policies or certificates of insurance evidencing liability and casualty insurance meeting the requirements set forth herein or in the Security Documents. The Administrative Agent shall be named as loss payee and additional insured on all such insurance policies for the benefit of the Lenders.

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