Insurance. The Company and each of its subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 654 contracts
Samples: Stock Purchase Agreement (Grom Social Enterprises, Inc.), Stock Purchase Agreement (ETAO International Co., Ltd.), Equity Financing Agreement
Insurance. The Company and each of its subsidiaries Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole.
Appears in 334 contracts
Samples: Strata Purchase Agreement (Clean Vision Corp), Strata Purchase Agreement (Foxo Technologies Inc.), Strata Purchase Agreement (Specificity, Inc.)
Insurance. The Company and each of its subsidiaries are is insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 65 contracts
Samples: Securities Purchase Agreement (Regen BioPharma Inc), Securities Purchase Agreement (Clean Vision Corp), Securities Purchase Agreement (Propanc Biopharma, Inc.)
Insurance. The Company and each of its subsidiaries are Subsidiary is insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are each Subsidiary is engaged. Neither the Company Company, nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for for, and neither the Company nor any such subsidiary has any no reason to believe that it or any Subsidiary will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesCompany, taken as a whole.
Appears in 42 contracts
Samples: Equity Purchase Agreement (Mangoceuticals, Inc.), Equity Purchase Agreement (Globavend Holdings LTD), Note Purchase Agreement (Nexien Biopharma, Inc.)
Insurance. The Company and each of its subsidiaries are --------- insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 15 contracts
Samples: Credit Agreement (Medix Resources Inc), Equity Distribution Agreement (Falcon Natural Gas Corp), Equity Distribution Agreement (Intrepid Technology & Resource Inc)
Insurance. The Company and each of its subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks risks, and in such amounts amounts, as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for for, and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial financial, or otherwise, or the earnings, business business, or operations of the Company and its subsidiaries, taken as a whole.
Appears in 14 contracts
Samples: Bridge Note Purchase Agreement (Cambex Corp), Common Stock Purchase Agreement (Telecom Wireless Corp/Co), Common Stock Purchase Agreement (Telecom Wireless Corp/Co)
Insurance. The Upon the Company generating revenue, the Company and each of its subsidiaries are will become insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing liability insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 8 contracts
Samples: Investment Agreement (Axxess Pharma Inc.), Investment Agreement (North American Oil & Gas Corp.), And Restsated Investment Agreement (iHookup Social, Inc.)
Insurance. The Company and each of its subsidiaries Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, Subsidiaries taken as a whole.
Appears in 7 contracts
Samples: Securities Purchase Agreement (Netguru Inc), Put and Call Agreement (Secure Computing Corp), Securities Purchase Agreement (Microware Systems Corp)
Insurance. The Company and each of its subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.. (q)
Appears in 6 contracts
Samples: Securities Purchase Agreement (McKenzie Bay International LTD), Securities Purchase Agreement (Wentworth Energy, Inc.), Securities Purchase Agreement (Wentworth Energy, Inc.)
Insurance. The Company and each of its subsidiaries Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole.
Appears in 6 contracts
Samples: Common Stock Purchase Agreement, Common Stock Purchase Agreement (Hepalife Technologies Inc), Common Stock Purchase Agreement (Hepalife Technologies Inc)
Insurance. The Company and each of its subsidiaries Subsidiary are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries Subsidiary are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, Subsidiary taken as a whole.
Appears in 5 contracts
Samples: Subscription Agreement (Stemcells Inc), Securities Purchase Agreement (Stemcells Inc), Securities Purchase Agreement (Stemcells Inc)
Insurance. The Company and each of its subsidiaries Subsidiaries are not insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole.
Appears in 5 contracts
Samples: Purchase Agreement (Westmountain Gold, Inc.), Purchase Agreement (Westmountain Gold, Inc.), Purchase Agreement (Naked Brand Group Inc.)
Insurance. The Company and each of its subsidiaries Subsidiaries are insured by insurers of recognized financial responsibility against such losses Losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole.
Appears in 5 contracts
Samples: Share Purchase Agreement (2seventy Bio, Inc.), Registration Rights Agreement (Leap Therapeutics, Inc.), Securities Purchase Agreement (Kma Global Solutions International Inc)
Insurance. The Company and each of its subsidiaries are insured by --------- insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 5 contracts
Samples: Equity Distribution Agreement (Ns8 Corp), Securities Purchase Agreement (Falcon Natural Gas Corp), Securities Purchase Agreement (Ns8 Corp)
Insurance. The Company and each of its subsidiaries are insured --------- by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Data Race Inc), Securities Purchase Agreement (Roanoke Technology Corp), Securities Purchase Agreement (Saf T Lok Inc)
Insurance. The Company and each of its subsidiaries the Subsidiary are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be are prudent and customary in the businesses in which the Company and its subsidiaries they are engaged. Neither ; neither the Company nor any such subsidiary the Subsidiary has been refused any material insurance coverage sought or applied for that has not subsequently been approved by an insurance company with sound financial resources; and neither the Company nor any such subsidiary the Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesthe Subsidiary, taken as a whole.
Appears in 4 contracts
Samples: Purchase Agreement, Registration Rights Agreement (Idec Pharmaceuticals Corp / De), Idec Pharmaceuticals Corp / De
Insurance. The Company and each of its subsidiaries Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be reasonably prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, Subsidiaries taken as a whole.
Appears in 4 contracts
Samples: Preferred Stock Investment Agreement (Stan Lee Media Inc), Securities Purchase Agreement (Myriad Entertainment & Resorts, Inc.), Securities Purchase Agreement (Synergy 2000 Inc)
Insurance. The Company and each of its subsidiaries are Subsidiary is insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company reasonably believes to be prudent and customary in the businesses in which the Company and its subsidiaries are each Subsidiary is engaged. Neither the Company Company, nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for for, and neither the Company nor any such subsidiary has any no reason to believe that it or any Subsidiary will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesCompany, taken as a whole.
Appears in 3 contracts
Samples: Promissory Note Purchase Agreement (Bridgeway National Corp.), Promissory Note Exchange Agreement (General Cannabis Corp), Promissory Note Purchase Agreement (General Cannabis Corp)
Insurance. The Company and each of its subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole. Section 4.14.
Appears in 3 contracts
Samples: Equity Financing Agreement, Equity Distribution Agreement (Red Rock Pictures Holdings, Inc), Credit Agreement Agreement
Insurance. The Company and each subsidiary maintains property and casualty, general liability, workers' compensation, environmental hazard, personal injury and other similar types of its subsidiaries are insured by insurance with financially sound and reputable insurers of recognized financial responsibility against such losses that is adequate, consistent with industry standards and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engagedCompany's historical claims experience. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for for, and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole.
Appears in 3 contracts
Samples: Series B Preferred Stock and Warrants Purchase Agreement (Interactive Telesis Inc), Series B Preferred Stock and Warrants Purchase Agreement (Interactive Telesis Inc), Securities Purchase Agreement (Interactive Telesis Inc)
Insurance. The Company and each of its subsidiaries subsidiary are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries subsidiary are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariessubsidiary, taken as a whole.
Appears in 3 contracts
Samples: Equity Distribution Agreement (Startech Environmental Corp), Equity Distribution Agreement (Startech Environmental Corp), Securities Purchase Agreement (Startech Environmental Corp)
Insurance. The Company and each of its subsidiaries are is insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.. (r)
Appears in 3 contracts
Samples: Securities Purchase Agreement (Pacer Health Corp), Securities Purchase Agreement (Intrepid Technology & Resources, Inc.), Securities Purchase Agreement (Pacer Health Corp)
Insurance. The Company and each of its subsidiaries --------- are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Charys Holding Co Inc), Exhibit 99 (Donobi Inc)
Insurance. The Company and each of its subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (XOMA Corp), Common Stock Purchase Agreement (Rezolute, Inc.)
Insurance. The Company and each of its subsidiaries Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, condition or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole.
Appears in 2 contracts
Samples: Purchase Agreement (Transenterix, Inc.), Purchase Agreement Purchase Agreement (Transenterix Inc.)
Insurance. The Company and each of its subsidiaries are is insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not have a Material Adverse Effect, materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Infinity Resources Holdings Corp.), Securities Purchase Agreement (Ir Biosciences Holdings Inc)
Insurance. The Company and each of its subsidiaries Subsidiaries are --------- insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be reasonably prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business business, operations or operations prospects of the Company and its subsidiaries, Subsidiaries taken as a whole.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (Constellation 3d Inc), Common Stock Purchase Agreement (Constellation 3d Inc)
Insurance. The Company and each subsidiary maintains property --------- and casualty, general liability, workers' compensation, environmental hazard, personal injury and other similar types of its subsidiaries are insured by insurance with financially sound and reputable insurers of recognized financial responsibility against such losses that is adequate and risks consistent with industry standards and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engagedCompany's historical claims experience. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for for, and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole.
Appears in 1 contract
Insurance. The Company and each of its subsidiaries Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company reasonably believes to be prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for for, and neither the Company nor any such subsidiary has any no reason to believe that it or any Subsidiary will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its applicable business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole.
Appears in 1 contract
Insurance. The Company and each of its subsidiaries are insured --------- by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole. Section 4.14.
Appears in 1 contract
Samples: Equity Distribution Agreement (Intrepid Technology & Resource Inc)
Insurance. The Company and each of its subsidiaries Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary material in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole.
Appears in 1 contract
Insurance. The Company and each of its subsidiaries are Material Subsidiary is insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are each Material Subsidiary is engaged. Neither the Company Company, nor any such subsidiary Material Subsidiary has been refused any insurance coverage sought or applied for for, and neither the Company nor any such subsidiary has any no reason to believe that it or any Material Subsidiary will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesCompany, taken as a whole.
Appears in 1 contract
Samples: Note Purchase Agreement (RespireRx Pharmaceuticals Inc.)
Insurance. The Company and each of its subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither for. Neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not reasonably be expected to materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 1 contract
Samples: Securities Purchase Agreement (RedHill Biopharma Ltd.)
Insurance. The Company and each of its subsidiaries are Subsidiary is insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are each Subsidiary is engaged. Neither the Company Company, nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for for, and neither the Company nor any such subsidiary has any no reason to believe that it or any Subsidiary will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesCompany, taken as a whole..
Appears in 1 contract
Samples: Equity Purchase Agreement (Digital Brands Group, Inc.)
Insurance. The Company Company, the Guarantors, and each of its their subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 1 contract
Samples: Securities Purchase Agreement (Homeland Security Capital CORP)
Insurance. The Company and each subsidiary maintains property and casualty, general liability, workers' compensation, environmental hazard, personal injury and other similar types of its subsidiaries are insured by insurance with financially sound and reputable insurers of recognized financial responsibility against such losses that is adequate and risks consistent with industry standards and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engagedCompany's historical claims experience. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for for, and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole.
Appears in 1 contract
Insurance. The Company and each of its subsidiaries the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries the Subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesthe Subsidiaries, taken as a whole.
Appears in 1 contract
Samples: Equity Line Purchase Agreement (Health Sciences Group Inc)
Insurance. The Company and each of its subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to 10 renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 1 contract
Samples: Equity Line of Credit Agreement (Cardinal Communications, Inc)
Insurance. The Company and each of its subsidiaries Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole, except for such interference which would not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Purchase Agreement Purchase Agreement (Histogen Inc.)
Insurance. The Company and each of its subsidiaries are Subsidiaries is insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole.
Appears in 1 contract
Insurance. The Company and each of its subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. engaged Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 1 contract
Insurance. The Company and each of its subsidiaries are Subsidiary is insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries Subsidiary are engaged. Neither the Company nor any such subsidiary its Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary its Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiary, taken as a whole.
Appears in 1 contract
Samples: Securities Purchase Agreement (Darkstar Ventures, Inc.)
Insurance. The Company and each Company, its Subsidiaries, or independent contractors conducting operations on behalf of its subsidiaries the Company, as applicable, are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing obtain insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue conduct its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiariesSubsidiaries, taken as a whole.
Appears in 1 contract
Samples: Purchase Agreement (Lithium Corp)
Insurance. The Company and each of its subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be prudent and customary in the businesses in which the Company and its subsidiaries are engaged. Neither the Company nor any such subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be 13NEXT PAGE necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business or operations of the Company and its subsidiaries, taken as a whole.
Appears in 1 contract
Insurance. The Company and each of its subsidiaries Subsidiaries are insured --------- by insurers of recognized financial responsibility against such losses and risks and in such amounts as management of the Company believes to be reasonably prudent and customary in the businesses in which the Company and its subsidiaries Subsidiaries are engaged. Neither the Company nor any such subsidiary Subsidiary has been refused any insurance coverage sought or applied for and neither the Company nor any such subsidiary Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not materially and adversely affect the condition, financial or otherwise, or the earnings, business business, operations or operations prospects of the Company and its subsidiaries, Subsidiaries taken as a whole.
Appears in 1 contract
Samples: Debenture Purchase Agreement (Constellation 3d Inc)
