Seller’s Insurance. Seller shall maintain (A) property insurance on the System for the replacement cost thereof, (B) commercial general liability insurance with coverage of at least $1,000,000 per occurrence and $2,000,000 annual aggregate, (C) employer’s liability insurance with coverage of at least $1,000,000 and (iv) workers’ compensation insurance as required by law.
Seller’s Insurance. 15.5.1 Seller shall obtain and maintain or cause to be obtained and maintained:
Seller’s Insurance. Seller shall, at its sole expense, carry and maintain in full force and effect throughout the term of this Agreement insurance coverages, with insurance companies rated not less than A-, IX by A.M. Best or otherwise reasonably satisfactory to Buyer, of the following types and amounts:
Seller’s Insurance. If necessary or appropriate for Purchaser to evaluate its options or enforce its rights under this Article 7 following any damage to the Property, Seller shall promptly provide to Purchaser on request a copy of Seller's property insurance policies (or other applicable insurance policies) with respect to the Property.
Seller’s Insurance. Seller shall maintain throughout the Term of this Agreement, at its sole cost and expense, the policies of insurance meeting the terms and conditions set forth on Schedule 11.3 attached hereto and made a part hereof.
Seller’s Insurance. Through the Time of Transfer, the Seller will maintain insurance coverage customarily maintained by the parties engaged in the Business and covering all loss, damage, liability and risk allocated to the Sellers in paragraph 11.3 including, without limitation, general liability, casualty, workers’ compensation, vehicle and property insurance in amounts customarily maintained by the Seller.
Seller’s Insurance. Commencing on the date set forth on Schedule 7.2 with respect to each policy coverage and for the balance of the Term of this Agreement, Seller shall maintain at the policies and amounts of insurance as set forth in Schedule 7.2 with an insurance company or companies reasonably satisfactory to Buyer and qualified to do business in the State of Nevada and having a Best's rating not less than A-VII. Seller's costs of insurance shall be included in the computation of Buyer's payment obligation pursuant to Section 4.2 of this Agreement.
Seller’s Insurance. Until Closing, Seller agrees to continue to maintain insurance regarding the Property consistent with the insurance in place as of the Contract Date subject to any changes required by Seller’s insurance company if renewal occurs prior to the Closing Date; provided, however, that (a) Seller shall notify Buyer not less than five (5) days prior to the Inspection Date of any such changes that will take effect prior to the Closing Date, and (b) Seller agrees that no changes shall be made to Seller’s insurance that would reduce its insurance coverage for the Property between the Inspection Date and the Closing Date.
Seller’s Insurance. Purchaser acknowledges and agrees that; (a) no insurance policies arranged for the benefit of or provided to any Seller or any member of such Seller’s Group, including any current insurance policies relating to the business or assets of any Seller (“Current Insurance Policies”), shall continue after Closing and (b) Purchaser shall not, and shall procure that no member of the Purchaser Group shall, make any Claims under any such insurance policies or insurance coverage in respect of facts, events or circumstances arising prior to Closing. Purchaser further hereby acknowledges and agrees that no historic insurance coverage provided by or to any Seller, including the Current Insurance Policies, shall be available to Purchaser at any time, whether before or after Closing. Purchaser further acknowledges and agrees that it has no right, title or interest in any unearned premiums on any policies maintained by or for the benefit of any Seller or any member of the such Seller’s Group.
Seller’s Insurance. Seller shall maintain the following insurance coverages for the duration of this Agreement:
