Common use of Maintain Insurance Coverage Clause in Contracts

Maintain Insurance Coverage. From the date hereof through Closing, Sellers will maintain and cause to be maintained in full force and effect the existing insurance on the Assets and the operations of the Business and will provide, upon request by Buyer, evidence satisfactory to Buyer that such insurance continues to be in effect, that all premiums due have been paid, and that Buyer has been named additional named insured since the Effective Date. If Sellers' existing product and professional liability insurance is on an "occurrence" basis, Sellers will maintain such insurance through "discontinued

Appears in 1 contract

Samples: Asset Purchase Agreement (American Homepatient Inc)

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Maintain Insurance Coverage. From the date hereof through Closing, Sellers will shall maintain and cause to be maintained in full force and effect the existing insurance on the Assets Assets, the Leased Property and the operations of the Business and will provide, upon request by Buyer, shall provide at Closing evidence satisfactory to Buyer that such insurance continues to be in effect, effect and that all premiums due have been paid, and that Buyer has been named additional named insured since the Effective Date. If Sellers' existing product and professional liability insurance is on an "occurrence" basis, Sellers will maintain such insurance through "discontinued.

Appears in 1 contract

Samples: Asset Purchase Agreement (Advocat Inc)

Maintain Insurance Coverage. From Until the date hereof through Closing, Sellers will Seller shall maintain and cause to be maintained in full force and effect the existing insurance on the Assets and the operations of the Business and will provide, upon request by Buyer, shall provide at Closing evidence satisfactory to Buyer that such insurance continues to be in effect, effect and that all premiums due have been paid, and that Buyer has been named additional named insured since the Effective Date. If Sellers' Seller will maintain its existing product and professional liability insurance is on an "occurrence" basis, Sellers will maintain such insurance through "discontinuedand covering at least five years after Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Capstone Pharmacy Services Inc)

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Maintain Insurance Coverage. From Until the date hereof through Closing, Sellers will Seller shall maintain and cause to be maintained in full force and effect the existing insurance on the Assets and the operations of the Business and will provide, upon request by Buyer, shall provide at Closing evidence satisfactory to Buyer that such insurance continues to be in effect, effect and that all premiums due have been paid, and that Buyer has been named additional named insured since the Effective Date. If Sellers' existing product and professional liability insurance is on an "occurrence" basis, Sellers will maintain such insurance through "discontinued.

Appears in 1 contract

Samples: Asset Purchase Agreement (Capstone Pharmacy Services Inc)

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