Common use of Insurance Policies; Certificates of Insurance Clause in Contracts

Insurance Policies; Certificates of Insurance. Endorsements. ------------ The Loan Parties shall have delivered evidence acceptable to the Agent that adequate insurance in compliance with Section 7.1.3 is in full force and effect and that all premiums then due thereon have been paid, together with a certified copy of each Loan Party's casualty insurance policy or policies evidencing coverage satisfactory to the Agent, with additional insured, in form and substance satisfactory to the Agent and its counsel naming the Agent as additional insured, and lender loss payee.

Appears in 1 contract

Samples: Credit Agreement (Audio Communications Network Inc)

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Insurance Policies; Certificates of Insurance. Endorsements. ------------ ------------- The Loan Parties shall have delivered evidence acceptable to the Agent that adequate insurance in compliance with Section 7.1.3 8.1.3 [Maintenance of Insurance] is in full force and effect and that all premiums then due thereon have been paid, together with a certified copy of each Loan Party's casualty insurance policy or policies evidencing coverage satisfactory to the Agent, with additional insured, insured and lender loss payable special endorsements attached thereto in form and substance satisfactory to the Agent and its counsel naming the Agent as additional insured, insured and lender loss payee.

Appears in 1 contract

Samples: Credit Agreement (Corrpro Companies Inc /Oh/)

Insurance Policies; Certificates of Insurance. Endorsements. ------------ The Loan Parties shall have delivered evidence acceptable to the Agent that adequate insurance in compliance with Section 7.1.3 8.1.3 [Maintenance of Insurance] is in full force and effect and that all premiums then due thereon have been paid, together with a certified copy certificate of insurance of each Loan Party's casualty insurance policy or policies Party evidencing coverage satisfactory to the Agent, with additional insured, mortgagee and lender loss payable special endorsements attached thereto in form and substance satisfactory to the Agent and its counsel naming the Agent as additional insured, mortgagee and lender loss payee.

Appears in 1 contract

Samples: Credit Agreement (Elgin National Industries Inc)

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Insurance Policies; Certificates of Insurance. Endorsements. ------------ The Loan Parties shall have delivered evidence acceptable to the Agent that adequate insurance in compliance with Section 7.1.3 is in full force and effect and that all premiums then due thereon have been paid, together with a certified copy of each Loan Party's casualty insurance policy or policies evidencing coverage satisfactory to the Agent, with additional insured, mortgagee and lender loss payable special endorsements attached thereto in form and substance satisfactory to the Agent and its counsel naming the Agent as additional insured, mortgagee and lender loss payee.

Appears in 1 contract

Samples: Guaranty and Suretyship Agreement (Option Care Inc/De)

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