Common use of Risk of Loss; Insurance Clause in Contracts

Risk of Loss; Insurance. Debtors shall be responsible for any loss of or damage to the Collateral. Debtors shall maintain the insurance coverage required by the Loan Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Industrial Holdings Inc), Purchase and Sale Agreement (Industrial Holdings Inc)

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Risk of Loss; Insurance. Debtors Debtor shall be responsible for any loss of or damage to the Collateral. Debtors Debtor shall maintain insurance on the insurance coverage required by Collateral as provided in the Loan Agreement.

Appears in 2 contracts

Samples: Security Agreement (Oyo Geospace Corp), Loan Agreement (Arabian Shield Development Co)

Risk of Loss; Insurance. Debtors Debtor shall be responsible for any loss of or damage to the Collateral. Debtors Debtor shall maintain insurance on the insurance coverage required by Collateral as provided in the Loan Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Forum Oilfield Technologies Inc), Security Agreement (Remote Knowledge Inc)

Risk of Loss; Insurance. Debtors Debtor shall be responsible for any loss of or damage to the Collateral. Debtors Debtor shall maintain the insurance coverage required by the Loan Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Forum Oilfield Technologies Inc)

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Risk of Loss; Insurance. Debtors Debtor shall be responsible for any loss of or damage to the Collateral. Debtors Debtor shall maintain insurance on the insurance coverage required by Collateral as provided in the Loan AgreementNote.

Appears in 1 contract

Samples: Security Agreement (Remote Knowledge Inc)

Risk of Loss; Insurance. Debtors Such Debtor shall be responsible for any loss of or damage to the Collateral. Debtors Such Debtor shall maintain the insurance coverage policies required by the Loan Agreement.

Appears in 1 contract

Samples: Security Agreement (Ascent Energy Inc)

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