Insurance Certificates. Insurance certificates in form and substance reasonably satisfactory to the Administrative Agent, from the Company’s insurance carriers reflecting the current insurance policies required under Section 7.6 including any necessary endorsements to reflect the Administrative Agent as loss payee for the ratable benefit of the Lenders, with the right to receive (absent a payment default) at least 30 days prior notice of cancellation of any such policy;
Appears in 2 contracts
Samples: Term Loan Agreement (Exploration Co of Delaware Inc), Credit Agreement (Exploration Co of Delaware Inc)
Insurance Certificates. Insurance certificates in form and substance reasonably satisfactory to the Administrative Agent, from the Company’s insurance carriers reflecting the current insurance policies required under Section 7.6 (such insurance will be primary and not contributing) including any necessary endorsements to reflect the Administrative Agent as loss payee for the ratable benefit of the Lenders, with the right to receive (absent a payment default) at least 30 days prior notice of cancellation of any such policy;
Appears in 2 contracts
Samples: Term Loan Agreement (Venoco, Inc.), Credit Agreement (Venoco, Inc.)
Insurance Certificates. Insurance certificates in form and substance reasonably satisfactory to the Administrative Agent, from the Company’s 's insurance carriers reflecting the current insurance policies required under Section 7.6 (such insurance will be primary and not contributing) including any necessary endorsements to reflect the Administrative Agent as loss payee for the ratable benefit of the Lenders, with the right to receive (absent a payment default) at least 30 days prior notice of cancellation of any such policy;
Appears in 2 contracts
Samples: Credit Agreement (Venoco, Inc.), Term Loan Agreement (Venoco, Inc.)
Insurance Certificates. Insurance certificates in form and substance reasonably satisfactory to the Administrative Agent, from the Company’s insurance carriers reflecting the current insurance policies required under Section 7.6 (such insurance will be primary and not contributing) including any necessary endorsements to reflect the Administrative Agent as loss payee and additional insured for the ratable benefit of the Lenders, with the right to receive (absent a payment default) at least 30 days prior notice of cancellation of any such policy;
Appears in 2 contracts
Samples: Second Lien Term Loan Agreement (Venoco, Inc.), Credit Agreement (Venoco, Inc.)
Insurance Certificates. Insurance certificates in form and substance reasonably satisfactory to the Administrative Agent, from the Company’s insurance carriers reflecting the current insurance policies required under Section 7.6 7.08 including any necessary endorsements to reflect the Administrative Agent as additional insured and loss payee for the ratable benefit of the Lenders, with the right to receive (absent a payment default) at least 30 days prior notice of cancellation of any such policyLender;
Appears in 1 contract
Insurance Certificates. Insurance certificates in form and substance reasonably satisfactory to the Administrative Agent, from the Company’s insurance carriers with respect to each of Output and OPEX reflecting the current insurance policies required under Section 7.6 with respect to such Person, to the extent not previously delivered to the Administrative Agent, including any necessary endorsements to reflect the Administrative Agent as loss payee for the ratable benefit of the Lenders, with the right to receive (absent a payment default) at least 30 days prior notice of cancellation of any such policy;
Appears in 1 contract
Insurance Certificates. Insurance certificates in form and substance reasonably satisfactory to the Administrative Agent, from the Company’s 's insurance carriers reflecting the current insurance policies required under Section 7.6 7.08 including any necessary endorsements to reflect the Administrative Agent as additional insured and loss payee for the ratable benefit of the Lenders, with the right to receive (absent a payment default) at least 30 days prior notice of cancellation of any such policyLender;
Appears in 1 contract
Insurance Certificates. Insurance certificates in form and substance reasonably satisfactory to the Administrative Agent, from the Company’s 's insurance carriers reflecting the current insurance policies required under Section 7.6 including any necessary endorsements to reflect the Administrative Agent as loss payee for the ratable benefit of the Lenders, with the right to receive (absent a payment default) at least 30 days prior notice of cancellation of any such policy;
Appears in 1 contract
Insurance Certificates. Insurance certificates in form and substance reasonably satisfactory to the Administrative Agent, from the Company’s and the Guarantors’ insurance carriers reflecting the current insurance policies required under Section 7.6 7.08 including any necessary endorsements to reflect the Administrative Agent as additional insured and loss payee for the ratable benefit of the Lenders, with the right to receive (absent a payment default) at least 30 days prior notice of cancellation of any such policy;; Credit Agreement
Appears in 1 contract
Insurance Certificates. Insurance certificates in form and substance reasonably satisfactory to the Administrative Agent, from the Company’s 's insurance carriers reflecting the current insurance policies required under Section 7.6 including any necessary endorsements to reflect the Administrative Agent as loss payee for the ratable benefit of the Lenders, with the right to receive (absent a payment default) at least 30 days prior notice of cancellation of any such policy;
Appears in 1 contract
Samples: Credit Agreement (BMC, Ltd.)
Insurance Certificates. Insurance certificates in form and substance reasonably satisfactory to the Administrative Agent, from the Company’s insurance carriers reflecting the current insurance policies required under Section 7.6 (such insurance will be primary and not contributing) including any necessary endorsements to reflect the Administrative Agent as loss payee for the ratable benefit of the Lenders, with the right to receive (absent a payment default) at least 30 days prior notice of cancellation of any such policy;
Appears in 1 contract
Samples: Credit Agreement (Venoco, Inc.)