Common use of Minimum Coverage Requirements Clause in Contracts

Minimum Coverage Requirements. Computershare shall at its sole cost and expense, during the term of the Agreement, procure and maintain in effect the insurance coverage covering the risks, claims and liabilities arising from or in connection with the performance of work under the Agreement by Computershare, its agents, representatives, employees or, where applicable, subcontractors, as specified in this Exhibit.. All insurance shall be procured from reputable insurers (rated A- , VIII or better by A.M. Best & Company) that are licensed, approved or admitted to do business in the state.

Appears in 9 contracts

Samples: VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust), VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust), Tender and Paying Agent Agreement (Blackrock Muniyield Michigan Quality Fund, Inc.)

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Minimum Coverage Requirements. Computershare shall at its sole cost and expense, during the term of the Agreement, procure and maintain in effect the insurance coverage covering the risks, claims and liabilities arising from or in connection with the performance of work under the Agreement by Computershare, its agents, representatives, employees or, where applicable, subcontractors, as specified in this Exhibit.. All insurance shall be procured from reputable insurers (rated A- A-, VIII or better by A.M. Best & Company) that are licensed, approved or admitted to do business in the state.

Appears in 9 contracts

Samples: Transfer Agency Agreement (Blackrock Muniassets Fund, Inc.), Transfer Agency Agreement, Transfer Agency Agreement (Blackrock Credit Allocation Income Trust)

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