Common use of Maintain Clause in Contracts

Maintain. (a) insurance satisfactory to Lender as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower's properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the Borrower's business. Each such policy shall provide for at least thirty (30) days prior notice to Lender of any cancellation thereof.

Appears in 6 contracts

Samples: Business Financing Agreement (Socket Mobile, Inc.), Business Financing Agreement (Imagenetix Inc /Nv/), Business Financing Agreement (Transwitch Corp /De)

AutoNDA by SimpleDocs

Maintain. (a) insurance satisfactory to Lender as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower's ’s properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the Borrower's ’s business. Each such policy shall provide for at least thirty (30) days prior notice to Lender of any cancellation thereof.

Appears in 4 contracts

Samples: Business Financing Modification Agreement (Rimini Street, Inc.), Business Financing Agreement (Rimini Street, Inc.), Business Financing Modification Agreement (Rimini Street, Inc.)

Maintain. (a) insurance satisfactory to Lender as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower's properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the Borrower's business. Each such policy shall provide for at least thirty (30) days prior notice to Lender of any cancellation thereof.

Appears in 2 contracts

Samples: Business Financing Agreement (Giga Tronics Inc), Business Financing Agreement (Biolase, Inc)

Maintain. (a) insurance reasonably satisfactory to Lender as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the such Borrower's ’s properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the such Borrower's ’s business. Each such policy shall provide for at least thirty (30) days prior notice to Lender of any cancellation thereof.

Appears in 1 contract

Samples: Business Financing Agreement (Digital Turbine, Inc.)

Maintain. (a) insurance reasonably satisfactory to Lender as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the such Borrower's properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the such Borrower's business. Each such policy shall provide for at least thirty (30) days prior notice to Lender of any cancellation thereof.

Appears in 1 contract

Samples: Business Financing Agreement (Selectica Inc)

Maintain. (a) insurance Insurance reasonably satisfactory to Lender as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower's ’s properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the Borrower's ’s business. Each such policy shall provide for at least thirty (30) days prior notice (or ten (10) days in the case of nonpayment of premium) to Lender of any cancellation thereof.

Appears in 1 contract

Samples: Business Financing Agreement (CAPSTONE TURBINE Corp)

Maintain. (a) insurance satisfactory to Lender as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower's properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the Borrower's business. Each such policy shall provide for at least thirty (30) days prior notice to Lender of any cancellation thereofthereof and must include Lender as an additional insured.

Appears in 1 contract

Samples: Business Financing Agreement (Proginet Corp)

AutoNDA by SimpleDocs

Maintain. (a) insurance satisfactory to Lender in its reasonable business judgment as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower's properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the Borrower's business. Each such policy shall provide for at least thirty (30) days prior notice to Lender of any cancellation thereof.

Appears in 1 contract

Samples: Business Financing Agreement (ADESTO TECHNOLOGIES Corp)

Maintain. (a) insurance satisfactory to Lender as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the such Borrower's ’s properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the such Borrower's ’s business. Each such policy shall provide for at least thirty (30) days prior notice to Lender of any cancellation thereof.

Appears in 1 contract

Samples: Business Financing Agreement (Sysorex Global Holdings Corp.)

Maintain. (a) insurance reasonably satisfactory to Lender as to amount, nature and carrier covering property damage (including loss of use and occupancy) to any of the Borrower's ’s properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers' compensation, and any other insurance which is usual for the Borrower's ’s business. Each such policy shall provide for at least thirty (30) days prior notice to Lender of any cancellation thereof.

Appears in 1 contract

Samples: Business Financing Agreement (Arteris, Inc.)

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