Common use of No Act Permitting Cancellation Clause in Contracts

No Act Permitting Cancellation. Producer shall not commit or authorize (or fail to use all reasonable efforts to prevent) any act or thing whereby any insurance policy obtained pursuant hereto may be voided or canceled, in whole or in part, or the coverages under any such policy may be adversely affected. Producer shall immediately inform Completion Guarantor if Producer becomes aware of any such action that has been undertaken or created by any third-party.

Appears in 3 contracts

Samples: Completion Agreement, Completion Agreement, Completion Agreement

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No Act Permitting Cancellation. Producer shall not commit or authorize (or fail to use all reasonable efforts to prevent) any act or thing whereby any insurance policy obtained pursuant hereto may be voided or canceledcancelled, in whole or in part, or the coverages under any such policy may be adversely affected. In addition, Producer shall immediately inform Completion Guarantor if Producer becomes aware of any such action that has been undertaken or created by any third-third party.

Appears in 2 contracts

Samples: Completion Agreement, Completion Agreement

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No Act Permitting Cancellation. Producer shall not commit or authorize (or fail to use all reasonable efforts to prevent) any act or thing whereby any insurance policy obtained pursuant hereto may be voided or canceled, in whole or in part, or the coverages under any such policy may be adversely affected. In addition, Producer shall immediately inform Completion Guarantor if Producer becomes aware of any such action that has been undertaken or created by any third-party.

Appears in 1 contract

Samples: Completion Agreement

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