Common use of Insurances – general Clause in Contracts

Insurances – general. Each Obligor shall maintain appropriate insurance cover with respect to its properties, assets and operations of such types, in such amounts and against such risks as are maintained by prudent companies carrying on the same or substantially similar business. All insurances must be with financially sound and reputable insurance companies, funds or underwriters.

Appears in 3 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Agreement (KNOT Offshore Partners LP), Agreement (DHT Holdings, Inc.)

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Insurances – general. Each Obligor shall maintain appropriate insurance cover with respect to its properties, assets and operations of such types, in such amounts and against such risks as are maintained by prudent companies carrying on the same or substantially similar business. All insurances must be with financially sound and reputable insurance companies, funds or underwriters.. ​ xxxxxxx.xxx | Page 73 of 153 ​

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

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