Common use of Seller’s Insurance Clause in Contracts

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.

Appears in 3 contracts

Samples: Purchase Agreement, Pharmacy Purchase Agreement (Graymark Healthcare, Inc.), Pharmacy Purchase Agreement (Graymark Healthcare, Inc.)

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Seller’s Insurance. Through the Time of Transfer, the Seller will maintain insurance coverage using “occurrence” form policies 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 10.3 including, without limitation, general liability, casualty, workers’ compensation, vehicle and property insurance in amounts customarily maintained by satisfactory to the SellerBuyer.

Appears in 1 contract

Samples: Purchase Agreement (Graymark Healthcare, Inc.)

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