Common use of Delivery of Insurance Certificates Clause in Contracts

Delivery of Insurance Certificates. On or before the Initial Delivery Date and thereafter on each Subsequent Delivery Date, Lessee shall deliver to Agent certificates of insurance satisfactory to Agent and Lessors evidencing the existence of all insurance required to be maintained hereunder and setting forth the respective coverages, limits of liability, carrier, policy number and period of coverage. Thereafter, throughout the Lease Term, at the time each of Lessee's insurance policies is renewed (but in no event less frequently than once each year), Lessee shall deliver to Agent and each Lessor certificates of insurance evidencing that all insurance required by Section 7.1 to be maintained by Lessee with respect to the Vehicles is in effect.

Appears in 2 contracts

Samples: Participation Agreement (Consolidated Freightways Corp), Participation Agreement (Yellow Roadway Corp)

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Delivery of Insurance Certificates. On or before the Initial Delivery Date and thereafter on each Subsequent Delivery Closing Date, Lessee shall deliver to Agent Lessor certificates of insurance reasonably satisfactory to Agent and Lessors Lessor evidencing the existence of all insurance required to be maintained hereunder and setting forth out the respective coverages, limits of liability, carrier, policy number and period of coverage. Thereafter, throughout the Basic Lease Term, at the time each of Lessee's ’s insurance policies is renewed (but in no event less frequently than once each year)) or upon written request by Lessor following a Lease Event of Default, Lessee shall deliver to Agent and each Lessor certificates of insurance evidencing that all insurance required by Section 7.1 8.1 to be maintained by Lessee with respect to the Vehicles is in effect.

Appears in 1 contract

Samples: Amended and Restated Lease Agreement (Lennox International Inc)

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Delivery of Insurance Certificates. On or before the ---------------------------------- Initial Delivery Advance Date and thereafter on each Subsequent Delivery subsequent Advance Date, Lessee shall deliver to Agent Lessor certificates of insurance satisfactory to Agent Lessor and Lessors the Certificate Purchasers evidencing the existence of all insurance required to be maintained hereunder and setting forth the respective coverages, limits of liability, carrier, policy number and period of coverage. Thereafter, throughout the Lease Term, at the time each of Lessee's insurance policies is renewed (but in no event less frequently than once each year), Lessee shall deliver to Agent and each Lessor certificates of insurance evidencing that all insurance required by Section 7.1 6.7 to be maintained by Lessee with respect to the Vehicles Leased ----------- Property is in effect.

Appears in 1 contract

Samples: Lease Agreement (Alco Standard Corp)

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