Common use of Liability and Casualty Insurance Clause in Contracts

Liability and Casualty Insurance. The Lessee shall, at its own cost and expense, procure and maintain, or cause to be procured and maintained, liability insurance and indemnification with respect to the Nuclear Material insuring and indemnifying the Lessor, the Owner Trustee, U.S. Trust, the Lessee, and the Secured Parties to the full extent required or available, whichever may be greater, under the Atomic Energy Act or under any other applicable law, rule or regulation. In the event the provisions of the Atomic Energy Act with respect to liability insurance and the indemnification of owners, licensees and operators of Nuclear Material or any other provisions of the Atomic Energy Act which benefit the Lessor, the Owner Trustee, U.S. Trust or the Secured Parties shall change, then the Lessee shall use its best efforts to obtain equivalent insurance and