Insurance opinion. Agent shall have received an opinion from Xxx Xxxxxxx Insurance that the certificates of insurance, together with the endorsements thereto, (i) comply with Section 5.4, (ii) are in such amounts and cover such perils as is customarily provided for property or assets of a similar nature owned by Persons engaged in the same or similar business as the Borrowers, (iii) are placed with insurers of recognized reputation and responsibility, and (iv) are otherwise in form and substance satisfactory to Agent.
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Samples: Credit Agreement (Omni Energy Services Corp), Credit Agreement (Omni Energy Services Corp), Credit Agreement (Omni Energy Services Corp)
Insurance opinion. Agent shall have received an opinion from Xxx Xxxxxxx Insurance Xxxxx that the certificates of insurance, together with the endorsements thereto, (i) comply with Section SECTION 5.4, (ii) are in such amounts and cover such perils as is customarily provided for property or assets Aircraft of a similar nature owned by Persons engaged in the same or similar business as the Borrowers, (iii) are placed with insurers of recognized reputation and responsibility, and (iv) are otherwise in form and substance satisfactory to Agent.
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