Common use of Insurance on Properties Clause in Contracts

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.

Appears in 2 contracts

Samples: Investor Rights Agreement (Planet Zanett Inc), Investor Rights Agreement (Net Value Holdings Inc)

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Insurance on Properties. The Company has and 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.

Appears in 1 contract

Samples: Investor Rights Agreement (Net Value Holdings Inc)

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Insurance on Properties. The Company has and 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 Investormanagement. 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.

Appears in 1 contract

Samples: Investor Rights Agreement (Net Value Holdings Inc)

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