Common use of Insurance Endorsements Clause in Contracts

Insurance Endorsements. Within sixty (60) days of the Closing Date (or such longer period as Administrative Agent may agree in its reasonable discretion), deliver to Administrative Agent, with respect to the Credit Parties’ insurance policies, lender’s loss payable and additional insured endorsements showing Administrative Agent as agent for the Secured Parties, each of which shall be in form and substance reasonably satisfactory to Administrative Agent.

Appears in 5 contracts

Samples: Credit Agreement (Forbes Energy Services Ltd.), Credit Agreement (Forbes Energy Services Ltd.), Credit Agreement (Forbes Energy Services Ltd.)

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Insurance Endorsements. Within sixty (60) days of following the Closing Date (or such longer period as Date, Administrative Agent may agree in its reasonable discretion), deliver to Administrative Agent, with respect to the Credit Parties’ insurance policies, shall have received lender’s loss payable and additional insured endorsements in connection with the insurance policies carried by Credit Parties, in favor of Administrative Agent and showing Administrative Agent as agent for the Secured Parties, each of which shall be in form and substance reasonably satisfactory to Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (BRC Inc.), Credit Agreement (BRC Inc.)

Insurance Endorsements. Within sixty forty-five (6045) days of the Closing Effective Date (or such longer period as agreed to by the Administrative Agent may agree in its reasonable sole discretion), Borrowers shall deliver to the Administrative Agent, with respect to the Credit Parties’ Agent insurance policies, endorsements naming Administrative Agent as a lender’s loss payable payee and an additional insured endorsements showing Administrative Agent insured, as agent for applicable, under Borrowers’ insurance policies on behalf of the Secured PartiesLenders, each of which shall be in form and substance reasonably satisfactory to as required by Administrative Agent.

Appears in 1 contract

Samples: Assignment and Assumption (iPower Inc.)

Insurance Endorsements. Within On or before the date that is sixty (60) days of from the Closing Date (or such longer period of time as agreed to be the Administrative Agent), the Administrative Agent may agree in its reasonable discretion), deliver to Administrative Agent, with respect shall have received the endorsements to the insurance policies of the Credit Parties’ Parties and their Subsidiaries, which shall provide (i) that the insurance policies, lender’s loss payable and additional insured endorsements showing carrier will give the Administrative Agent as agent for the Secured Parties, each of which thirty (30) days prior written notice before any such policy or policies shall be in form altered or cancelled and substance reasonably satisfactory (ii) such other information required pursuant to Administrative AgentSection 3.25 and 5.5(b).

Appears in 1 contract

Samples: Credit Agreement (Atlas Merger Subsidiary, Inc.)

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Insurance Endorsements. Within sixty forty-five (6045) days of after the Closing Date (or such longer period later date as agreed to by the Administrative Agent may agree in its reasonable sole discretion), deliver to Administrative Agent, with respect to the Credit Parties’ insurance policies, lender’s loss payable and additional insured endorsements showing Administrative Agent as agent for the Secured Partiesshall have received, each of which shall be in form and substance reasonably satisfactory to the Administrative Agent., endorsements naming the Administrative Agent as additional insured under all liability insurance policies and lenders loss payee under all property insurance policies providing the insurance coverage required to be maintained by Section 6.07 of the Credit Agreement. Schedule 7.01 to the Credit Agreement Existing Liens

Appears in 1 contract

Samples: Credit Agreement (Medpace Holdings, Inc.)

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