Properties, Business, Insurance. The Company shall 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 in the case of business organizations engaged in the same or similar business or having similar properties similarly situated.
Appears in 2 contracts
Samples: Note Purchase Agreement (Youbet Com Inc), Note Purchase Agreement (Youbet Com Inc)
Properties, Business, Insurance. The Company shall obtain and maintain and cause each of its 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 in the case of business organizations engaged in the same or similar business or having similar properties for companies similarly situated.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Pacific Ethanol, Inc.), Purchase Agreement (Pacific Ethanol, Inc.)
Properties, Business, Insurance. The Company shall obtain and maintain and cause each of its Subsidiaries (if any) 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 in the case of business organizations engaged in the same or similar business or having similar properties for companies similarly situated.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Refocus Group Inc), Securities Purchase Agreement (Refocus Group Inc)
