Common use of Maintenance of Insurance, Etc Clause in Contracts

Maintenance of Insurance, Etc. Maintain, and cause its Subsidiaries to maintain, insurance with responsible and reputable insurance companies or associations or through its own program of self-insurance in such amounts and covering such risks as is usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in which the Borrower and its Subsidiaries operate.

Appears in 5 contracts

Samples: Credit Agreement (Firstenergy Corp), Credit Agreement (Firstenergy Corp), Credit Agreement (FirstEnergy Solutions Corp.)

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Maintenance of Insurance, Etc. Maintain, and cause each of its Subsidiaries to maintain, such insurance with responsible as may be required by law and reputable insurance companies or associations or through its own program of self-insurance in such amounts other insurance, to the extent and covering against such risks hazards and liabilities, as is usually carried customarily maintained by companies engaged in similar businesses and owning similar properties in the same general areas in which the Borrower and its Subsidiaries operatesimilarly situated.

Appears in 2 contracts

Samples: Credit Agreement (Commonwealth Edison Co), Commonwealth Edison Co

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