Common use of Properties, Business, Insurance Clause in Contracts

Properties, Business, Insurance. Maintain and cause each of its Subsidiaries to maintain as to their respective properties and business, with financially sound and reputable insurers, insurance against such casualties and contingencies and of such types and in such amounts as is customary for companies of a similar size and financial condition similarly situated within the same industry.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Premier Research Worldwide LTD), Preferred Stock Purchase Agreement (Premier Research Worldwide LTD), Preferred Stock Purchase Agreement (Verticalnet Inc)

AutoNDA by SimpleDocs

Properties, Business, Insurance. Maintain Maintain, and cause each of its Subsidiaries Subsidiaries, to maintain as to their respective properties and business, with financially sound and reputable insurers, insurance against such casualties and contingencies and of such types and in such amounts as is customary for companies of a similar size and financial condition similarly situated within the same industry.

Appears in 3 contracts

Samples: Contribution Agreement (Mortgage Com Inc), Series B Preferred Stock Purchase Agreement (Mortgage Com Inc), Contribution Agreement (Mortgage Com Inc)

Properties, Business, Insurance. Maintain Maintain, and cause each of its the Subsidiaries to maintain maintain, as to their respective properties and business, with financially sound and reputable insurers, insurance against such casualties and contingencies and of such types and in such amounts as is customary for companies of a similar size and financial condition similarly situated within the same industry.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Intersections Inc)

Properties, Business, Insurance. Maintain Maintain, and cause each of its Subsidiaries the Subsidiaries, to maintain as to their its respective properties and business, with financially sound and reputable insurers, insurance against such casualties and contingencies and of such types and in such amounts as is customary for companies of a similar size and financial condition similarly situated within the same industry.

Appears in 1 contract

Samples: Unit Purchase Agreement (Telebanc Financial Corp)

AutoNDA by SimpleDocs

Properties, Business, Insurance. Maintain and cause each of its ------------------------------- Subsidiaries to maintain as to their respective properties and business, with financially sound and reputable insurers, insurance against such casualties and contingencies and of such types and in such amounts as is customary for companies of a similar size and financial condition similarly situated within the same industry.

Appears in 1 contract

Samples: Investors Rights Agreement (Verticalnet Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!