Examples of Xxxxx Parties in a sentence
Promptly after the occurrence thereof, notice of any material adverse change in the business, operations, property or financial condition of (x) the Xxxxx Parties, taken as a whole or (y) any Borrower.
Supplier shall cause its insurance policies to be endorsed to include the Xxxxx Parties as additional insureds (if normal and customary, or similar wording) thereunder and will contain a full waiver of subrogation (if normal and customary), indemnity (if normal and customary), defense or equitable (if normal and customary) or contractual contribution (if normal and customary) by the insurer against the additional insureds.
Compliance with the foregoing insurance requirements shall not limit or obviate in any respect Supplier’s obligations under the Agreement to defend and indemnify the Xxxxx Parties.
Such endorsements shall also stipulate that such coverage will be primary (if normal and customary) and that Supplier and its insurers will have no rights to share in or otherwise obtain contribution from other insurance maintained by the Xxxxx Parties.
Each Borrower’s books and records will be maintained separately from those of the other Xxxxx Parties and any of their Affiliates and in a manner such that it will not be difficult or costly to segregate, ascertain or otherwise identify the assets and liabilities of such Borrower.