Common use of Insurance; Payment of Premiums Clause in Contracts

Insurance; Payment of Premiums. (a) Borrowers shall, at their sole cost and expense, keep and maintain in respect of the Borrowers’ Property such insurance as is generally kept and maintained by reasonable and prudent operators of oil and gas pipelines, including, but not limited to, worker’s compensation insurance, property insurance and general liability insurance.

Insurance; Payment of Premiums. (a) Borrowers Seller shall, at their its sole cost and expense, keep and maintain maintain, in respect of the Borrowers’ Property Dedicated Interests, such insurance as is generally kept and maintained by reasonable and prudent operators of oil and gas pipelinesproperties, including, but not limited to, worker’s 's compensation insurance, property insurance and general liability insurance.