Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 22 contracts
Samples: Credit Agreement (Shutterstock, Inc.), Credit Agreement (American Financial Group Inc), Credit Agreement (California Water Service Group)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerCompany, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 14 contracts
Samples: Credit Agreement (California Water Service Group), Credit Agreement (California Water Service Group), Credit Agreement (Smith & Wesson Holding Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrowerany Loan Party, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ (or ten (10) days’ in the case of non-payment of premium) prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 9 contracts
Samples: Credit Agreement (Bojangles', Inc.), Credit Agreement (Bojangles', Inc.), Credit Agreement (Bojangles', Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, (subject to customary deductibles and retentions) insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for Persons. Borrower shall provide not less than 30 thirty (30) days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 8 contracts
Samples: Credit Agreement (Resmed Inc), Credit Agreement, Assignment and Assumption (Resmed Inc)
Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 7 contracts
Samples: Credit Agreement (Salem Communications Corp /De/), Credit Agreement (Diamond Foods Inc), Assignment and Assumption (C&J Energy Services, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent by the Borrower (or the Borrower’s insurance agent and/or broker) of termination, lapse or cancellation of such insurance.
Appears in 7 contracts
Samples: Credit Agreement (Clearway Energy, Inc.), Senior Secured Bridge Credit Agreement (Clearway Energy, Inc.), Senior Secured Bridge Credit Agreement (Clearway Energy LLC)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Domestic Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 6 contracts
Samples: Credit Agreement (Diodes Inc /Del/), Credit Agreement (Diodes Inc /Del/), Credit Agreement (Diodes Inc /Del/)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent Lender of termination, lapse or cancellation of such insurance.
Appears in 6 contracts
Samples: Reimbursement Agreement (Irobot Corp), Credit Agreement (Western Capital Resources, Inc.), Reimbursement Agreement (Irobot Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerCompany, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 6 contracts
Samples: Credit Agreement (Cdi Corp), Credit Agreement (Curtiss Wright Corp), Credit Agreement (Curtiss Wright Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the any Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 5 contracts
Samples: Credit Agreement (Highwoods Realty LTD Partnership), Term Loan Agreement (Highwoods Realty LTD Partnership), Credit Agreement (Highwoods Realty LTD Partnership)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies that are not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 5 contracts
Samples: Credit Agreement (Saga Communications Inc), Credit Agreement (Saga Communications Inc), Credit Agreement (FXCM Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerBorrowers, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 4 contracts
Samples: Credit Agreement (Amerigon Inc), Credit Agreement (Amerigon Inc), Credit Agreement (Amylin Pharmaceuticals Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerLoan Parties, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 4 contracts
Samples: Credit Agreement (Albany Molecular Research Inc), Credit Agreement (Albany Molecular Research Inc), Credit Agreement (Dennys Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ ' prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 4 contracts
Samples: Credit Agreement (American Financial Group Inc), Pledge Agreement (Mentor Corp /Mn/), Credit Agreement (Schnitzer Steel Industries Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies that are not Affiliates of the BorrowerCompany, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standardsinsurance) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Company, which shall then promptly notify the Administrative Agent Agent, of termination, lapse or cancellation of such insurance.
Appears in 4 contracts
Samples: Credit Agreement (Starbucks Corp), Credit Agreement (Starbucks Corp), Credit Agreement (Starbucks Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and as otherwise required pursuant to the Collateral Documents, and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 4 contracts
Samples: Credit Agreement (Powersecure International, Inc.), Credit Agreement (Powersecure International, Inc.), Term Credit Agreement (Powersecure International, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of any reduction in coverage, termination, lapse or cancellation of such insurance.
Appears in 3 contracts
Samples: Credit Agreement (Mantech International Corp), Credit Agreement (Mantech International Corp), Credit Agreement (Mantech International Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerBorrowers, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 3 contracts
Samples: Credit Agreement (EnerJex Resources, Inc.), Credit Agreement (EnerJex Resources, Inc.), Credit Agreement (EnerJex Resources, Inc.)
Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for (b) use commercially reasonable efforts to cause such insurance companies to provide not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 3 contracts
Samples: Credit Agreement (Einstein Noah Restaurant Group Inc), Credit Agreement (Einstein Noah Restaurant Group Inc), Credit Agreement (Einstein Noah Restaurant Group Inc)
Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-self- insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ prior notice to the Administrative Agent Lender of termination, lapse or cancellation of such insurance.
Appears in 3 contracts
Samples: Credit Agreement (Heritage-Crystal Clean, Inc.), Credit Agreement (Heritage-Crystal Clean, Inc.), Credit Agreement (Heritage-Crystal Clean, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerLoan Parties, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standardsinsurance) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 3 contracts
Samples: Credit and Guaranty Agreement (James Hardie Industries PLC), Credit and Guaranty Agreement (James Hardie Industries PLC), Day Term Loan and Guaranty Agreement (James Hardie Industries PLC)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against (including, without limitation, hazard and business interruption) by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 3 contracts
Samples: Credit Agreement (On Assignment Inc), Credit Agreement (On Assignment Inc), Credit Agreement (On Assignment Inc)
Maintenance of Insurance. Maintain Maintain, with financially sound and reputable insurance companies not Affiliates of the BorrowerCompany, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 3 contracts
Samples: Credit Agreement (Wiley John & Sons, Inc.), Credit Agreement (Wiley John & Sons, Inc.), Credit Agreement (Wiley John & Sons, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerBorrowers, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insuranceinsurance (or 10 days’ prior notice in the case of termination or cancellation due to non-payment).
Appears in 3 contracts
Samples: Credit Agreement (GENTHERM Inc), Credit Agreement (GENTHERM Inc), Credit Agreement (GENTHERM Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 3 contracts
Samples: Credit Agreement (New York Times Co), Credit Agreement (New York Times Co), Credit Agreement (Intersil Corp/De)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 2 contracts
Samples: Credit Agreement (Azz Inc), Credit Agreement (Micros Systems Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerBorrower or Parent, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ ' prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 2 contracts
Samples: Credit Agreement (Cec Entertainment Inc), Credit Agreement (Cec Entertainment Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 20 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 2 contracts
Samples: Credit Agreement (Exponential Interactive, Inc.), Credit Agreement (Exponential Interactive, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerHoldings, insurance (including, without limitation, protection and indemnity insurance) with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 2 contracts
Samples: Credit Agreement (TBS International PLC), Credit Agreement (TBS International PLC)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ days prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 2 contracts
Samples: Assignment and Assumption (Texas Industries Inc), Term Credit Agreement (Texas Industries Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by 62 Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and as otherwise required pursuant to the Collateral Documents, and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 2 contracts
Samples: Credit Agreement (Powersecure International, Inc.), Credit Agreement (Powersecure International, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing all such insurance shall (i) provide for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance, and (ii) be reasonably satisfactory in all other respects to the Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (U S Physical Therapy Inc /Nv), Credit Agreement (U S Physical Therapy Inc /Nv)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrowerany Loan Party, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 2 contracts
Samples: Credit Agreement (InfuSystem Holdings, Inc), Credit Agreement (MWI Veterinary Supply, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standardscustomarily self-insured under similar circumstances by such other Persons) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 2 contracts
Samples: Credit Agreement (Ansys Inc), Credit Agreement (Ansys Inc)
Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ prior notice to the Administrative Agent Lender of termination, lapse or cancellation of such insurance.
Appears in 2 contracts
Samples: Credit Agreement (Heritage-Crystal Clean, Inc.), Credit Agreement (Heritage-Crystal Clean, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing (a) that such policies may not be canceled or reduced or affected in any material manner for not less than any reason without 30 days’ days prior notice to the Administrative Agent, and (b) for any other matters which the Administrative Agent of termination, lapse or cancellation of such insurancemay reasonably require.
Appears in 2 contracts
Samples: Loan Agreement (Copano Energy, L.L.C.), Bridge Loan Agreement (Copano Energy, L.L.C.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrowera Loan Party or a Subsidiary, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 2 contracts
Samples: Security Agreement (Suburban Propane Partners Lp), Security Agreement (Suburban Propane Partners Lp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 10 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 2 contracts
Samples: Credit Agreement (Memc Electronic Materials Inc), Credit Agreement (Memc Electronic Materials Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the either Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 2 contracts
Samples: Second Lien Credit Agreement (Prospect Medical Holdings Inc), First Lien Credit Agreement (Prospect Medical Holdings Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerBorrowers, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies that are not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent Lender of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Lydall Inc /De/)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerCompany, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior written notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Grant Prideco Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessbusiness (including, without limitation, product liability losses and damages), of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and, from and after the Initial Borrowing Request Delivery Date, providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies that are not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 10 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Second Lien Credit Agreement (Memc Electronic Materials Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and are consistent with all applicable requirements of the Collateral Documents and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage (including business interruption insurance) of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ ' prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Main Street Restaurant Group, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent Lender of termination, lapse or cancellation of such insurance.. 6.08
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerBorrowers, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ ' prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance self−insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons set forth in Schedule 5.10 attached hereto, and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Mestek Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 10 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance, and in any event, with respect to each Loan Party, otherwise comply with the requirements of Section 10 of the Security Agreement.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerLoan Parties, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standardsinsurance) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.. 6.08
Appears in 1 contract
Samples: Credit and Guaranty Agreement (James Hardie Industries PLC)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types (including business interruption insurance) and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Ndchealth Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerCompany, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types types, including, without limitation, general liability insurance and product liability insurance, and in such amounts (after giving effect to any self-self- insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Kyphon Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and types, in such amounts (after giving effect to any and with such self-insurance compatible with the following standards) and deductibles as are customarily carried maintained under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Bright Horizons Family Solutions Inc)
Maintenance of Insurance. (a) Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and Persons, providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies that are not Affiliates of the BorrowerCompany, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerCompany, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessbusiness in the same general area, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Perkinelmer Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as as, to Borrower’s knowledge, are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Boston Capital Real Estate Investment Trust Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, to include casualty insurance and business interruption insurance, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ prior notice to the Administrative Agent Lender of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the any Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.. 109
Appears in 1 contract
Samples: Credit Agreement (Novanta Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the any Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ ' prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Term Loan Agreement (Highwoods Realty LTD Partnership)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with of the following standardskind customarily carried under similar circumstances by such other Persons) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Interdigital Communications Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing in the case of all material insurance policies for not less than 30 10 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.. Project Leap Bridge Credit Agreement
Appears in 1 contract
Samples: Bridge Credit Agreement (Leap Wireless International Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the any Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.. -Table of Contents-
Appears in 1 contract
Samples: Credit Agreement (Highwoods Realty LTD Partnership)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business of the Borrower and each Restricted Subsidiary against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Holly Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrowerany Loan Party, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain Maintain, with financially sound and reputable insurance companies not Affiliates of the BorrowerCompany, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ ' prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ prior notice to the Administrative Agent of any reduction in coverage, termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons Persons, in form and substance reasonably acceptable to the Lenders, and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Quidel Corp /De/)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ prior notice (or such shorter period as Administrative Agent may agree) to the Administrative Agent of termination, lapse termination or cancellation of such insurance.. 6.08
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ ' prior notice to the Administrative Agent Lender of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Find SVP Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing in the case of all material insurance policies for not less than 30 10 days’ ' prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business of the Borrower and each Restricted Subsidiary against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other 70 Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Holly Corp)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerBorrower or the Parent, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent Bank of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerCompany, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types types, including, without limitation, general liability insurance and product liability insurance, and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Kyphon Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible amounts, with the following standards) such deductibles and covering such risks as are customarily carried under similar circumstances by such other Persons reasonable for its business and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insuranceinsurance and designating the Administrative Agent as an additional insured, if applicable.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar businessbusiness in the same geographic locales, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Inphonic Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, to include casualty insurance and business interruption insurance, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Goldleaf Financial Solutions Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ (or, ten (10) days’ for non-payment of premium) prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Zulily, Inc.)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-self insurance compatible with the following standards) and with such deductibles as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain To the extent applicable, maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerBorrowers or the Parent, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent Lender of termination, lapse or cancellation of such insuranceinsurance (or 10 days’ prior notice in the case of cancellation for nonpayment of premiums).
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrowerany Loan Party, insurance with respect to its properties and business (including, without limitation, any business interruption insurance existing on the Closing Date) against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 122 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrowerany Loan Party, insurance with respect to its properties and business (including, without limitation, any business interruption insurance existing on the Closing Date) against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerB&N, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ ' prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the any Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Gsi Group Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-self insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Celadon Group Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerHoldings, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for Persons; provided that in any event Borrower will provide the Lender not less than 30 days’ prior written notice to the Administrative Agent of any termination, lapse lapse, cancellation or cancellation material change in the types and amounts of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Nic Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ ' prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerLoan Parties, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.. Xxxxx Xxxxxx Credit Agreement
Appears in 1 contract
Samples: Assignment and Assumption (James Hardie Industries PLC)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerBorrower (other than a Qualified Captive Insurance Subsidiary), insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Paying Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Parent or the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance self‑insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Azz Inc)
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 thirty (30) days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Maintenance of Insurance. Maintain with financially sound and reputable insurance companies not Affiliates of the BorrowerLoan Parties, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ ' prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance.
Appears in 1 contract
Samples: Credit Agreement (Dennys Corp)