Type of Insurance. Borrower will at all times cause the Business and the Collateral to be insured by insurers of reasonable financial soundness and having an A. M. Best rating of A or better, with such policies, against such risks and in such amounts as are appropriate for reasonably prudent businesses in Borrower's industry and of Borrower's size and financial strength.
Appears in 11 contracts
Samples: Business Credit and Security Agreement (Creative Computers Inc), Business Credit and Security Agreement (Gt Bicycles Inc), Business Credit and Security Agreement (Government Technology Services Inc)
Type of Insurance. Borrower will at all times cause the Business and the Collateral to be insured by insurers of reasonable financial soundness and having an A. M. A.M. Best rating of A or better, with such policies, against such risks and in such amounts as are appropriate for reasonably prudent businesses in Borrower's industry and of Borrower's size and financial strength.
Appears in 1 contract
Samples: Loan and Security Agreement (Western Power & Equipment Corp)
Type of Insurance. Borrower will at all times cause the ----------------- Business and the Collateral to be insured by insurers of reasonable financial soundness and having an A. M. Best rating of A or better, with such policies, against such risks and in such amounts as are appropriate for reasonably prudent businesses in Borrower's industry and of Borrower's size and financial strength.
Appears in 1 contract
Samples: Business Credit and Security Agreement (Pomeroy Computer Resources Inc)
