Common use of Insurance Deliverables Clause in Contracts

Insurance Deliverables. (i) Borrower shall have obtained the insurance required to be in effect under Section 5.06 to the extent required as of the Tranche A Funding Date and such insurance shall be in full force and effect, and Borrower shall have furnished the Administrative Agent with certificates signed by the insurer or an agent authorized to bind the insurer, together with loss payee endorsements in favor of the Collateral Agent, evidencing such insurance, identifying underwriters, the type of insurance, the insurance limits and the policy terms, and stating that such insurance (x) is, in each case, in full force and effect and (y) complies with Section 5.06 and that all premiums then due and payable on such insurance have been paid.

Appears in 2 contracts

Samples: Credit Agreement (Global Clean Energy Holdings, Inc.), Credit Agreement (Global Clean Energy Holdings, Inc.)

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Insurance Deliverables. (i) The Borrower shall have obtained the insurance required to be in effect under Section 5.06 to the extent required as of the Tranche A Initial Funding Date and such insurance shall be in full force and effect, and the Borrower shall have furnished the Administrative Agent with certificates signed by the insurer or an agent authorized to bind the insurer, together with loss payee endorsements in favor of the Collateral Agent, evidencing such insurance, identifying underwriters, the type of insurance, the insurance limits and the policy terms, and stating that such insurance (x) is, in each case, in full force and effect and (y) complies with Section 5.06 and that all premiums then due and payable on such insurance have been paid.

Appears in 2 contracts

Samples: Credit Agreement (Fuelcell Energy Inc), Credit Agreement (Fuelcell Energy Inc)

Insurance Deliverables. (i) The Borrower shall have obtained the insurance required to be in effect under Section 5.06 to the extent required as of the Tranche A Initial Funding Date and such insurance shall be in full force and effect, and the Borrower shall have furnished the Administrative Agent with certificates signed by the insurer or an agent authorized to bind the insurer, together with loss payee endorsements in favor of the Collateral Agent, evidencing such insurance, identifying underwriters, the type of insurance, the insurance limits and the policy terms, and stating that such insurance (x) is, in each case, in full force and effect and (y) complies with Section 5.06 and that all premiums then due and payable on such insurance have been paid.and

Appears in 1 contract

Samples: Credit Agreement (Fuelcell Energy Inc)

Insurance Deliverables. (i) Borrower shall have obtained the insurance required to be in effect under Section 5.06 to the extent required as of the Tranche A Funding Term Conversion Date and such insurance shall be in full force and effect, and Borrower shall have furnished the Administrative Agent with certificates signed by the insurer or an agent authorized to bind the insurer, together with loss payee endorsements in favor of the Collateral Agent, evidencing such insurance, identifying underwriters, the type of insurance, the insurance limits and the policy terms, and stating that such insurance (x) is, in each case, in full force and effect and (y) complies with Section 5.06 and that all premiums then due and payable on such insurance have been paid.

Appears in 1 contract

Samples: Credit Agreement (Global Clean Energy Holdings, Inc.)

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Insurance Deliverables. (i) Borrower shall have obtained the insurance required to be in effect under Section 5.06 5.07 to the extent required as of the Tranche A Funding Closing Date and such insurance shall be in full force and effect, and Borrower shall have furnished the Administrative Agent Lenders with certificates signed by the insurer or an agent authorized to bind the insurer, insurer together with loss payee endorsements in favor of the Collateral Agent, evidencing such insurance, identifying underwriters, the type of insurance, the insurance limits and the policy terms, and stating that such insurance (x) is, in each case, in full force and effect and (y) complies with Section 5.06 5.07 and that all premiums then due and payable on such insurance have been paid.

Appears in 1 contract

Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.)

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