Continuation of Insurances Sample Clauses

Continuation of Insurances. Sublessee agrees to effect and maintain at Sublessee's cost airline general third party liability insurances in the form required by this Agreement for two (2) years after the Expiry Date whether or not Sublessee or Sublessor continues to have any interest in the Aircraft, and to continue to name the parties listed in Schedule 3 - Insurance Requirements, to this Agreement as Additional Insureds for that period.
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Continuation of Insurances. The Shareholder will cause the -------------------------- Company to and the Company shall keep in existence all policies of insurance insuring the Company against liability and property damage, fire and other casualty through the time of Closing, consistent with the policies currently in effect.
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Continuation of Insurances. 70 22.8 Application of Insurance Proceeds....................................70 22.9
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Continuation of Insurances. LESSEE will maintain (at no cost to LESSOR) insurance after the Termination Date with respect to its liability under the indemnities in Article 17 (including general third party liability, products liability insurance and war risks liability insurance as described in, and in full compliance with each of the requirements of, Exhibit C) for such period as LESSOR may reasonably require (but in any event for not more than two years), and such insurance will provide for each Indemnitee to be named as additional insured. LESSEE's obligation under this Article 18.12 will not be affected by LESSEE ceasing to be lessee of the Aircraft or any Indemnitees ceasing to have any interest in respect of the Aircraft.
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Continuation of Insurances. Lessee agrees to effect and maintain at Lessee's cost airline general third party liability insurances in the form required by this Agreement for two (2) years after the Expiry Date whether or not Lessee or Lessor continues to have any interest in the Aircraft.
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Continuation of Insurances. 1. Prior to the commencement of a leave under this Article, the teacher may elect to continue the group insurance plan by submitting a letter of such intent and paying the Board the entire monthly premium prior to the time such monthly premium becomes payable during the leave.
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Related to Continuation of Insurances

  • Continuation of Insurance All policies of insurance shall provide for at least 30 days prior written cancellation notice to the Secured Party. In the event of failure by the Debtor to provide and maintain insurance as herein provided, the Secured Party may, at its option, provide such insurance and charge the amount thereof to the Debtor. The Debtor shall furnish the Secured Party with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

  • Cancellation of Insurance There will be no cancellation or reduction of coverage of any required insurance without thirty (30) days’ written notice to the Contractor. Such notice may be sent by the Subcontractor’s insurance carrier, insurance broker, or the Subcontractor. Waiver of Subrogation. Subcontractor waives all rights against Contractor, Client, other subcontractors, and their agents.

  • Application of Insurance Proceeds Grantor shall promptly notify Lender of any loss or damage to the Collateral. Lender may make proof of loss if Grantor fails to do so within fifteen (15) days of the casualty. All proceeds of any insurance on the Collateral, including accrued proceeds thereon, shall be held by Lender as part of the Collateral. If Lender consents to repair or replacement of the damaged or destroyed Collateral, Lender shall, upon satisfactory proof of expenditure, pay or reimburse Grantor from the proceeds for the reasonable cost of repair or restoration. If Lender does not consent to repair or replacement of the Collateral, Lender shall retain a sufficient amount of the proceeds to pay all of the Indebtedness, and shall pay the balance to Grantor. Any proceeds which have not been disbursed within six (6) months after their receipt and which Grantor has not committed to the repair or restoration of the Collateral shall be used to prepay the Indebtedness.

  • Form of Insurance The form of the insurance shall be approved by the Director and the City Attorney; such approval (or lack thereof) shall never (a) excuse non-compliance with the terms of this Section, or (b) waive or estop the City from asserting its rights to terminate this Contract. The policy issuer shall (1) have a Certificate of Authority to transact insurance business in Texas, or (2) be an eligible non-admitted insurer in the State of Texas and have a Best's rating of at least B+, and a Best's Financial Size Category of Class VI or better, according to the most current Best's Key Rating Guide.

  • Modification of insurance requirements The Security Trustee shall notify the Borrower of any proposed modification under Clause 13.18 to the requirements of this Clause 13 which the Majority Lenders consider appropriate in the circumstances, and such modification shall take effect on and from the date it is notified in writing to the Borrower as an amendment to this Clause 13 and shall bind the Borrower accordingly.

  • Continuation of Indemnity All agreements and obligations of the Corporation contained herein shall continue during the period Agent is a director, officer, employee or other agent of the Corporation (or is or was serving at the request of the Corporation as a director, officer, employee or other agent of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise) and shall continue thereafter so long as Agent shall be subject to any possible claim or threatened, pending or completed action, suit or proceeding, whether civil, criminal, arbitrational, administrative or investigative, by reason of the fact that Agent was serving in the capacity referred to herein.

  • Evidence of Insurance Receipt by the Administrative Agent of copies of insurance policies or certificates of insurance of the Loan Parties evidencing liability and casualty insurance meeting the requirements set forth in the Loan Documents, including, but not limited to, naming the Administrative Agent as additional insured (in the case of liability insurance) or loss payee (in the case of hazard insurance) on behalf of the Lenders.

  • Maintenance of Insurance Policies The Servicer shall, in accordance with its customary practices, policies and procedures, require that each Obligor shall have obtained physical damage insurance covering the Financed Vehicle as of the execution of the related Receivable. The Servicer shall, in accordance with its customary practices, policies and procedures, track such physical damage insurance with respect to each Receivable.

  • Maintenance of Insurance Coverage Each party agrees to maintain throughout the term of this Agreement professional liability insurance coverage of the type and amount reasonably customary in its industry. Upon request, a party shall furnish the other party with pertinent information concerning the professional liability insurance coverage that it maintains. Such information shall include the identity of the insurance carrier(s), coverage levels, and deductible amounts.

  • Types of Insurance The types and amounts of insurance required to be maintained under this Article are as follows:

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