Common use of Insurance Policies; Certificates of Insurance; Endorsements Clause in Contracts

Insurance Policies; Certificates of Insurance; Endorsements. The Loan Parties shall have delivered evidence acceptable to the Agent that adequate insurance in compliance with Section 8.1.3 is in full force and effect and that all premiums then due thereon have been paid, together with a certified copy of each Loan Party's casualty insurance policy or policies evidencing coverage satisfactory to the Agent, with additional insured and lender loss payable special endorsements attached thereto in form and substance satisfactory to the Agent and its counsel naming the Agent as additional insured and lender loss payee.

Appears in 1 contract

Samples: Credit Agreement (Grubb & Ellis Co)

AutoNDA by SimpleDocs

Insurance Policies; Certificates of Insurance; Endorsements. The Loan Parties shall have delivered evidence acceptable to the Agent in its reasonable discretion that adequate insurance in compliance with Section 8.1.3 [Maintenance of Insurance] is in full force and effect and that all premiums then due thereon have been paid, together with a certified copy of each Loan Party's casualty insurance policy or policies evidencing coverage satisfactory to the Agent, with additional insured insured, mortgagee and lender loss payable special endorsements attached thereto in form and substance satisfactory to the Agent and its counsel naming the Agent as additional insured insured, mortgagee and lender loss payee.

Appears in 1 contract

Samples: Credit Agreement (Linc Net Inc)

Insurance Policies; Certificates of Insurance; Endorsements. The Loan Parties shall have delivered certificates of insurance and other evidence acceptable to the Agent that adequate insurance in compliance with Section 8.1.3 7.1.3 [Maintenance of Insurance] is in full force and effect and that all premiums then due thereon have been paid, together with a certified copy copies of additional insured, mortgagee and lender loss payable special endorsements relating to each Loan Party's casualty insurance policy or policies evidencing coverage satisfactory to the Agent, with additional insured and lender loss payable special endorsements attached thereto in form and substance satisfactory to the Agent and its counsel naming the Agent as additional insured insured, mortgagee and lender loss payee.

Appears in 1 contract

Samples: Credit Agreement (Blair Corp)

Insurance Policies; Certificates of Insurance; Endorsements. The Loan Parties shall have delivered evidence acceptable to the Agent that adequate insurance in compliance with Section 8.1.3 [Maintenance of Insurance] is in full force and effect and that all premiums then due thereon have been paid, together with a certified copy of each Loan Party's casualty insurance policy or policies evidencing coverage satisfactory to the Agent, with additional insured and lender loss payable special endorsements attached thereto in form and substance satisfactory to the Agent and its counsel naming the Agent as additional insured and lender loss payee.

Appears in 1 contract

Samples: Credit Agreement (Lone Star Technologies Inc)

AutoNDA by SimpleDocs

Insurance Policies; Certificates of Insurance; Endorsements. The Loan Parties shall have delivered evidence acceptable to the Administrative Agent that adequate insurance in compliance with Section 8.1.3 7.1.3 [Maintenance of Insurance] is in full force and effect and that all premiums then due thereon have been paid, together with a certified copy of each Loan Party's casualty insurance policy or policies evidencing coverage satisfactory to the Agent, with additional insured insured, mortgagee and lender loss payable special endorsements attached thereto in form and substance satisfactory to the Administrative Agent and its counsel naming the - 60 - Administrative Agent as additional insured insured, mortgagee, and lender loss payee, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Key Energy Services Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.