Common use of Properties; Insurance Clause in Contracts

Properties; Insurance. The Company will maintain as to its 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 similarly situated, which insurance will be deemed by the Company to be sufficient.

Appears in 3 contracts

Samples: Junior Secured Convertible Note Purchase Agreement (Dyntek Inc), Note Purchase Agreement (Dyntek Inc), Note Purchase Agreement (Miller Lloyd I Iii)

AutoNDA by SimpleDocs

Properties; Insurance. The Company will shall maintain as to its 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 similarly situated, which insurance will shall be deemed by the Company to be sufficient.

Appears in 1 contract

Samples: Note Purchase Agreement (Dyntek Inc)

AutoNDA by SimpleDocs

Properties; Insurance. The Company and its Subsidiaries will maintain as to its 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 similarly situated, which insurance will be deemed by the Company to be sufficient.

Appears in 1 contract

Samples: Securities Purchase Agreement (Proxim Wireless Corp)

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