Common use of Maintain Insurance Clause in Contracts

Maintain Insurance. (a) Maintain in full force and effect a policy or policies of insurance issued by insurers of recognized responsibility, insuring it and its properties and business against such losses and risks, and in such amounts, as are customary in the case of corporations of established reputation engaged in the same or a similar business and similarly situated;

Appears in 5 contracts

Samples: Preferred Stock Purchase Agreement (Value America Inc /Va), Preferred Stock Purchase Agreement (Value America Inc /Va), Preferred Stock Purchase Agreement (Value America Inc /Va)

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Maintain Insurance. (a) Maintain in full force and effect a policy or policies of insurance issued by insurers of recognized responsibility, insuring it and its properties and business against such losses and risks, and in such amounts, as are customary in the case of corporations of established reputation engaged in the same or a similar business and similarly situated;.

Appears in 5 contracts

Samples: Contribution and Exchange Agreement (Tci Satellite Entertainment Inc), Contribution and Exchange Agreement (Tci Satellite Entertainment Inc), Common Stock and Warrant Purchase Agreement (Cornstein David B)

Maintain Insurance. (a) Maintain in full force and effect a policy or policies of insurance issued by insurers of recognized responsibility, insuring it and its properties and business against such losses and risks, and in such amounts, as are customary in the case of corporations of established reputation engaged in the same or a similar business and similarly situated;business.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Hanover Direct Inc), Securities Purchase Agreement (Hanover Direct Inc), Securities Purchase Agreement (Rare Medium Group Inc)

Maintain Insurance. (a) Maintain in full force and effect a policy ------------------ or policies of insurance issued by insurers of recognized responsibility, insuring it and its properties and business against such losses and risks, and in such amounts, as are customary in the case of corporations of established reputation engaged in the same or a similar business and similarly situated;.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Fargo Brian), Stock Purchase Agreement (Interplay Entertainment Corp), Stock Purchase Agreement (Titus Interactive S A)

Maintain Insurance. (a) Maintain in full force and effect a policy or ------------------ policies of insurance issued by insurers of recognized responsibility, insuring it and its properties and business against such losses and risks, and in such amounts, as are customary in the case of corporations of established reputation engaged in the same or a similar business and similarly situated;.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Titus Interactive S A), Stock Purchase Agreement (Interplay Entertainment Corp)

Maintain Insurance. (a) Maintain in full force and effect a policy ------------------ or policies of insurance issued by insurers of recognized responsibility, insuring it and its properties and business against such losses and risks, and in such amounts, as are customary in the case of corporations of established reputation engaged in the same or a similar business and similarly situated;business.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Apollo Investment Fund Iv Lp), Securities Purchase Agreement (Rare Medium Group Inc)

Maintain Insurance. (a) Maintain in full force and effect a policy or policies of insurance issued by insurers of recognized responsibility, insuring it and its properties and business against such losses and risks, and in such amountstypes and amounts of insurance, with respect to the Company's business and properties, on both a per occurrence and an aggregate basis, as are customary in the case of corporations of established reputation customarily carried by Persons engaged in the same or a similar business as the Company and similarly situated;its Subsidiaries.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Horizon Personal Communications Inc), Investment Agreement (Amc Entertainment Inc)

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Maintain Insurance. (a) Maintain in full force and effect a policy or ------------------ policies of insurance issued by insurers of recognized responsibility, insuring it and its properties and business against such losses and risks, and in such amountstypes and amounts of insurance, with respect to the Company's business and properties, on both a per occurrence and an aggregate basis, as are customary in the case of corporations of established reputation customarily carried by Persons engaged in the same or a similar business as the Company and similarly situated;its Subsidiaries.

Appears in 1 contract

Samples: Investment Agreement (Apollo Investment Fund Iv Lp)

Maintain Insurance. (a) Maintain in full force and effect a policy or policies of insurance issued by insurers of recognized responsibility, insuring it and its properties and business against such losses and risks, and in such amounts, as are customary in the case of corporations of established reputation engaged in the same or a similar business and similarly situated;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Maxworldwide Inc)

Maintain Insurance. (a) Maintain in full force and effect a policy or policies of insurance issued by insurers of recognized responsibility, insuring it and its properties and business against such losses and risks, and in such amounts, as are customary in the case of corporations of established reputation engaged in the same or a similar business and similarly situated;.

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Value America Inc /Va)

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