Common use of Notice of Cancellation, etc Clause in Contracts

Notice of Cancellation, etc. All policies of insurance shall provide for at least thirty (30) days prior written cancellation notice to the Agent. In the event of failure by the Borrower to provide and maintain insurance as herein provided, the Agent may, at its option, provide such insurance and charge the amount thereof to the Borrower. The Borrower shall furnish the Agent with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Stride & Associates Inc), Revolving Credit and Term Loan Agreement (Fargo Electronics Inc)

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Notice of Cancellation, etc. All policies of insurance shall ---------------------------- provide for at least thirty (30) days prior written cancellation notice to the Agent. In the event of failure by any of the Borrower Subsidiaries to provide and maintain insurance as herein provided, the Agent may, at its option, provide such insurance and charge the amount thereof to such Subsidiary. Each of the Borrower. The Borrower Subsidiaries shall furnish the Agent with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

Appears in 2 contracts

Samples: Revolving Credit and Acquisition Loan Agreement (Jackson Products Inc), Security Agreement (Jackson Products Inc)

Notice of Cancellation, etc. All policies of insurance shall --------------------------- provide for at least thirty (30) days prior written cancellation notice to the Agent. In the event of failure by the Borrower to provide and maintain insurance as herein provided, the Agent may, at its option, provide such insurance and charge the amount thereof to the Borrower. The Borrower shall furnish the Agent with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

Appears in 2 contracts

Samples: Revolving Credit and Acquisition Loan Agreement (Jackson Products Inc), Security Agreement (Jackson Products Inc)

Notice of Cancellation, etc. All policies of insurance shall provide for at least thirty (30) days prior written cancellation notice to the Administrative Agent. In the event of failure by any of the Borrower Borrowers to provide and maintain insurance as herein provided, the Administrative Agent may, at its option, provide such insurance and charge the amount thereof to the BorrowerBorrowers. The Borrower Each of the Borrowers shall furnish the Administrative Agent with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

Appears in 2 contracts

Samples: Security Agreement (Nationsrent Inc), Security Agreement (Nationsrent Inc)

Notice of Cancellation, etc. All policies of insurance shall ---------------------------- provide for at least thirty (30) days prior written cancellation notice to the Agent. In the event of failure by the Borrower Company to provide and maintain insurance as herein provided, the Agent may, at its option, provide such insurance and charge the amount thereof to the BorrowerCompany. The Borrower Company shall furnish the Agent with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

Appears in 1 contract

Samples: Security Agreement (CMG Information Services Inc)

Notice of Cancellation, etc. All policies of insurance shall provide for at least thirty (30) days prior written cancellation notice to the Agent. In the event of failure by any of the Borrower Borrowers to provide and maintain insurance as herein provided, the Agent may, at its option, provide such insurance and charge the amount thereof to the BorrowerBorrowers. The Borrower Each of the Borrowers shall furnish the Agent with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

Appears in 1 contract

Samples: Security Agreement (Nationsrent Inc)

Notice of Cancellation, etc. All policies of insurance shall ------ -- ------------ --- provide for at least thirty (30) 30 days prior written cancellation notice to the Agent. In the event of failure by the Borrower Borrowers to provide and maintain insurance as herein provided, the Agent may, at its option, provide such insurance and charge the amount thereof to the BorrowerBorrowers. The Borrower Borrowers shall furnish the Agent with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

Appears in 1 contract

Samples: Security Agreement (Moran Transportation Co)

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Notice of Cancellation, etc. All policies of insurance shall provide for at least thirty (30) days days' prior written cancellation notice to the Agent. In the event of failure by the Borrower any Company to provide and maintain insurance as herein provided, the Agent may, at its option, provide such insurance and charge the amount thereof to said Company. Each of the Borrower. The Borrower Companies shall furnish the Agent with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

Appears in 1 contract

Samples: Loan Agreement (Metallurg Inc)

Notice of Cancellation, etc. All policies of insurance shall ---------------------------- provide for at least thirty (30) days prior written cancellation notice to the Agent. In the event of failure by the Borrower either Company to provide and maintain insurance as herein provided, the Agent may, at its option, provide such insurance and charge the amount thereof to the Borrowersuch Company. The Borrower Each Company shall furnish the Agent with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

Appears in 1 contract

Samples: Security Agreement (CMG Information Services Inc)

Notice of Cancellation, etc. All policies of insurance shall provide for at least thirty (30) days prior written cancellation notice to the Administrative Agent. In the event of failure by the Borrower any Assignor to provide and maintain insurance as herein provided, the Administrative Agent may, at its option, provide such insurance and charge the amount thereof to the Borrowersuch Assignor. The Borrower Assignors shall furnish the Administrative Agent with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

Appears in 1 contract

Samples: Security Agreement (Wichita Manufacturing Inc)

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