Common use of Maintenance of Insurance Clause in Contracts

Maintenance of Insurance. The Company shall, and shall cause its Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 197 contracts

Samples: Indenture (Amplify Energy Corp.), Amplify Energy Corp., Indenture (EZMONEY Alabama, Inc.)

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Maintenance of Insurance. The Company shallshall maintain, and shall cause each of its Subsidiaries toto maintain, keep at insurance with responsible and reputable insurance companies or associations (including, without limitation, comprehensive general liability, hazard, rent and business interruption insurance) with respect to its properties (including all times all of their real properties which are of an insurable nature insured against loss leased or damage owned by it) and business, in such amounts and covering such risks as is required by any governmental authority having jurisdiction with insurers believed by the Company to be responsible to the extent that property of similar character respect thereto or as is usually so insured by corporations similarly situated and owning like properties carried generally in accordance with good sound business practicepractice by companies in similar businesses similarly situated.

Appears in 73 contracts

Samples: Securities Purchase Agreement (Solar Wind Energy Tower, Inc.), Securities Purchase Agreement (Digital Development Group Corp), Securities Purchase Agreement (Tauriga Sciences, Inc.)

Maintenance of Insurance. The Company shall, and shall cause each of its Material Subsidiaries to, keep at all times all of their maintain insurance in such amounts and covering such risks with respect to its business and properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character as is usually so insured carried by corporations similarly situated companies engaged in similar businesses and owning like properties similar properties, either with reputable insurance companies or, in accordance whole or in part, by establishing reserves or one or more insurance funds, either alone or with good business practiceother corporations or associations.

Appears in 17 contracts

Samples: Revolving Credit Agreement (CMS Energy Corp), Revolving Credit Agreement (CMS Energy Corp), Term Loan Credit Agreement (CMS Energy Corp)

Maintenance of Insurance. The Company shall, and shall cause its Restricted Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 12 contracts

Samples: Texas Unwired, Indenture (Intrawest Corp), Indenture (Intrawest Corp)

Maintenance of Insurance. The Company shall, and shall cause each of its Restricted Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character usually is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 11 contracts

Samples: Indenture (Gray Television Inc), Supplemental Indenture (E.W. SCRIPPS Co), Supplemental Indenture (Gray Television Inc)

Maintenance of Insurance. The Company shall, and shall cause its Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice. The Company shall, and shall cause its Subsidiaries to, use the proceeds from any such insurance policy to repair, replace or otherwise restore the property to which such proceeds relate.

Appears in 8 contracts

Samples: Indenture (Big 5 Holdings Corp), Indenture (Loews Cineplex Entertainment Corp), Indenture (Eagle Food Centers Inc)

Maintenance of Insurance. The Company shall, and shall cause its Subsidiaries any Subsidiary Guarantors to, keep at all times all of their properties which are of an insurable nature insured against loss or damage damage, and to maintain liability insurance, with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured insured, or liability insurance usually is so maintained, by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 7 contracts

Samples: Indenture (Sealed Air Corp/De), Indenture (Sealed Air Corp/De), Indenture (Sealed Air Corp/De)

Maintenance of Insurance. The Company shall, and shall cause its Restricted Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured (which may include self insurance) against loss or damage with insurers believed by the Company or such Restricted Subsidiary to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 6 contracts

Samples: Indenture (Sanmina-Sci Corp), Indenture (Sanmina-Sci Corp), Indenture (Sanmina Corp)

Maintenance of Insurance. The Company shallshall maintain, and the Company shall cause each of its Subsidiaries toto maintain, keep at insurance with responsible and reputable insurance companies or associations (including, without limitation, comprehensive general liability, hazard, rent and business interruption insurance) with respect to its properties (including all times all of their real properties which are of an insurable nature insured against loss leased or damage owned by it) and business, in such amounts and covering such risks as is required by any governmental authority having jurisdiction with insurers believed by the Company to be responsible to the extent that property of similar character respect thereto or as is usually so insured by corporations similarly situated and owning like properties carried generally in accordance with good sound business practicepractice by companies in similar businesses similarly situated.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Tellurian Inc. /De/), Supplemental Indenture (Tellurian Inc. /De/), Supplemental Indenture (Tellurian Inc. /De/)

Maintenance of Insurance. The Company shall, and shall cause its Restricted Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice. The Company shall, and shall cause its Restricted Subsidiaries to, use the proceeds from any such insurance policy to repair, replace or otherwise restore the property to which such proceeds relate.

Appears in 5 contracts

Samples: Sba Communications Corp, American Tower Corp /Ma/, Correctional Properties Trust

Maintenance of Insurance. The Company shall, and shall cause each of its Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character usually is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 5 contracts

Samples: Indenture (Phonetel Technologies Inc), Indenture (Gray Communications Systems Inc /Ga/), Phonetel Technologies Inc

Maintenance of Insurance. The Company shallshall maintain, and shall cause each of its Subsidiaries toto maintain, keep at insurance with responsible and reputable insurance companies or associations (including, without limitation, comprehensive general liability, hazard, rent and business interruption insurance) with respect to its properties (including all times all real properties leased or owned by it) and business, in such amounts and covering such risks as is required by any governmental authority having jurisdiction with respect thereto or as management determines is appropriate in light of their properties which are of an insurable nature insured against loss or damage with insurers believed the risks faced by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practicebusiness.

Appears in 5 contracts

Samples: Form of Securities Purchase Agreement (Amyris, Inc.), Form of Amendment Agreement (Amyris, Inc.), Form of Securities Purchase Agreement (Amyris, Inc.)

Maintenance of Insurance. The Company shall, and shall cause its Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage damage, and to maintain liability insurance, with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured insured, or liability insurance usually is so maintained, by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 4 contracts

Samples: Indenture (Nii Holdings Inc), Indenture (Nii Holdings Inc), Indenture (Nii Holdings Inc)

Maintenance of Insurance. The Company shall, and shall cause its Restricted Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured (which may include self-insurance) against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured or self-insured by corporations similarly situated and owning like properties in accordance with good customary business practicepractices.

Appears in 3 contracts

Samples: Indenture (Ainsworth Lumber Co LTD), Indenture (Ainsworth Lumber Co LTD), Indenture (Russel Metals Inc)

Maintenance of Insurance. The Company shallshall (a) maintain for, itself, and the Company shall cause its Subsidiaries toto be maintained for each Subsidiary of the Company, keep at all times all of their insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually carried by companies engaged in similar businesses and owning similar properties in the same or similar general areas in which are of an insurable nature insured against loss or damage with insurers believed by the Company or such Subsidiary operates and (b) cause all such insurance relating to be responsible any Loan Party to name the extent that property Administrative Agent on behalf of similar character is usually so the Secured Parties as additional insured by corporations similarly situated and owning like properties in accordance with good business practiceor loss payee, as appropriate.

Appears in 3 contracts

Samples: Credit Agreement (Amc Entertainment Inc), Credit Agreement (Marquee Holdings Inc.), Credit Agreement (Marquee Holdings Inc.)

Maintenance of Insurance. The Company shallshall maintain, and shall cause each of its Subsidiaries toto maintain, keep at all times all of their insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in which are of an insurable nature insured against loss or damage with insurers believed by the Company or such Subsidiary operates; provided, however, that each of the Company and its Subsidiaries may self-insure to be responsible the same extent as other companies engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary operates and to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance consistent with good prudent business practice.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (International Flavors & Fragrances Inc), Term Loan Credit Agreement (International Flavors & Fragrances Inc), Credit Agreement (International Flavors & Fragrances Inc)

Maintenance of Insurance. The Company shallshall maintain, and the Company shall cause each of its Subsidiaries toto maintain, keep at insurance with responsible and reputable insurance companies or associations (including, without limitation, comprehensive general liability, hazard, rent and business interruption insurance) with respect to its properties (including all times all of their real properties which are of an insurable nature insured against loss leased or damage owned by it) and business, in such amounts and covering such risks as is required by any governmental authority having jurisdiction with insurers believed by the Company to be responsible to the extent that property of similar character respect thereto or as is usually so insured by corporations similarly situated and owning like properties carried generally in accordance with good customary business practicepractice by companies in similar businesses similarly situated.

Appears in 3 contracts

Samples: Second Note Amendment (Velo3D, Inc.), Securities Purchase Agreement (Velo3D, Inc.), Note Amendment (Velo3D, Inc.)

Maintenance of Insurance. The Company shallshall maintain, and shall cause its Subsidiaries toeach subsidiary to maintain, keep at all times all of their insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is customarily carried by companies engaged in similar businesses and owning similar properties in the same general areas in which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practiceor such subsidiary operates.

Appears in 3 contracts

Samples: Rights Agreement (Alimera Sciences Inc), Rights Agreement (Alimera Sciences Inc), Rights Agreement (Alimera Sciences Inc)

Maintenance of Insurance. The Company shallshall maintain, and shall cause each of its Subsidiaries toto maintain, keep at insurance with responsible and reputable insurance companies or associations (including, without limitation, comprehensive general liability, hazard, rent and business interruption insurance) with respect to its properties (including all times all of their real properties which are of an insurable nature insured against loss leased or damage owned by it) and business, in such amounts and covering such risks as is required by any governmental authority having jurisdiction with insurers believed by the Company to be responsible to the extent that property of similar character respect thereto or as is usually so insured by corporations similarly situated and owning like properties carried generally in accordance with good sound business practicepractice by companies in similar businesses similarly situated, except as could not reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Loan and Security Agreement (Fuelcell Energy Inc), Underwriting Agreement (Fuelcell Energy Inc)

Maintenance of Insurance. The Company shall, and shall cause its Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice. The Company shall, and shall cause its Subsidiaries to, use an amount equal to not less than the proceeds from any such insurance policy to repair, replace or otherwise restore the property to which such proceeds relate.

Appears in 2 contracts

Samples: Phillips Van Heusen Corp /De/, Phillips Van Heusen Corp /De/

Maintenance of Insurance. The Company shall, and shall cause each of its Material Subsidiaries to, keep at all times all of their properties its Properties which are of an insurable nature insured against loss or damage with insurers believed by the Company or any such Material Subsidiary, as the case may be, to be responsible to the extent that property Property of similar character characteristics is usually so insured by corporations similarly situated and owning like properties Properties in accordance with good business practice.

Appears in 1 contract

Samples: Indenture (Telefonica of Argentina Inc)

Maintenance of Insurance. The Company shall, and shall cause its Restricted Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or 2010 Notes Indenture damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 1 contract

Samples: Texas Unwired

Maintenance of Insurance. The Company shall, and shall cause its Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so 57 insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 1 contract

Samples: Superior Well Services, INC

Maintenance of Insurance. The Company shall, and shall cause its Subsidiaries Subsidiary Guarantors to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties property, in accordance with good business practice.the reasonable good

Appears in 1 contract

Samples: Indenture (Queen Sand Resources Inc)

Maintenance of Insurance. The Company shallshall maintain, and shall cause each of its Subsidiaries toto maintain, keep at insurance with responsible and reputable insurance companies or associations with respect to its properties (including all times all of their real properties which are of an insurable nature insured against loss leased or damage owned by it) and business, in such amounts and covering such risks as is required by any governmental authority having jurisdiction with insurers believed by the Company to be responsible to the extent that property of similar character respect thereto or as is usually so insured by corporations similarly situated and owning like properties carried generally in accordance with good sound business practicepractice by companies in similar businesses similarly situated.

Appears in 1 contract

Samples: Ads in Motion, Inc.

Maintenance of Insurance. The Company shall, and shall cause its Subsidiaries to, keep at all times all of their material properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 1 contract

Samples: Forest City Enterprises Inc

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Maintenance of Insurance. 44 The Company shall, and shall cause its Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 1 contract

Samples: Lynden USA Inc.

Maintenance of Insurance. The Company shall, and shall cause its Subsidiaries Subsidiary Guarantors to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.or

Appears in 1 contract

Samples: Liberty Group Management Services Inc

Maintenance of Insurance. The Company shall, and shall cause its Restricted Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property appropriate in the judgment of similar character is usually so insured by corporations similarly situated and owning like properties the Company in accordance with good business practice.

Appears in 1 contract

Samples: Western Wireless Corp

Maintenance of Insurance. The Company shall, and the Company shall cause its Restricted Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage damage, to provide required financial assurances to governmental agencies under applicable environmental regulations relating to its landfill and collection operations and to maintain liability insurance, with insurers believed by the Company to be responsible responsible, in each case to the extent that property extent, in the judgment of similar character is usually the Company, to do so insured by corporations similarly situated and owning like properties in accordance comports with good business practice.

Appears in 1 contract

Samples: Allied Waste Industries Inc

Maintenance of Insurance. The Company shallshall maintain, and shall cause each of its material Subsidiaries to maintain, insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in which the Company or its Subsidiaries tooperate, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by provided that the Company to be responsible or any of its Subsidiaries may self-insure to the extent that property and in the manner normal for companies of similar character is usually so insured by corporations similarly situated like size, type and owning like properties in accordance with good business practicefinancial condition.

Appears in 1 contract

Samples: Term Loan Agreement (Williams Companies Inc)

Maintenance of Insurance. The Company shall, and shall cause its Restricted Subsidiaries to, keep at all times all of their material properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.. The Company shall, and shall cause its Restricted Subsidiaries to, use

Appears in 1 contract

Samples: Indenture (Group Maintenance America Corp)

Maintenance of Insurance. The Company shall, and shall cause its Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 1 contract

Samples: EXCO Holding MLP, Inc.

Maintenance of Insurance. The Company shall, and shall cause any of its Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice. The Company shall, and shall cause any of its Subsidiaries to, use the proceeds from any such insurance policy to repair, replace or otherwise restore the property to which such proceeds relate.

Appears in 1 contract

Samples: R H Donnelley Corp

Maintenance of Insurance. The Company shall, and shall cause its Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations 12 similarly situated and owning like properties in accordance with good business practice.

Appears in 1 contract

Samples: Quality Dining Inc

Maintenance of Insurance. The Company shall, and shall cause each of its Restricted Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured in- sured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character usually is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 1 contract

Samples: E.W. SCRIPPS Co

Maintenance of Insurance. The Company shall, and shall cause each of its Subsidiaries subsidiaries to, keep at all times all of their material properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character usually is usually so insured by corporations companies similarly situated in like businesses and geographic areas and owning like properties in accordance with good business practicepractice and said insurance is commonly available at commercially reasonable rates.

Appears in 1 contract

Samples: Shareholders Agreement (Medcross Inc)

Maintenance of Insurance. The Company shallCorporation shall maintain, and shall cause each of its Subsidiaries toto maintain, keep at insurance with responsible and reputable insurance companies or associations (including, without limitation, comprehensive general liability, hazard, rent and business interruption insurance) with respect to its properties (including all times all of their real properties which are of an insurable nature insured against loss leased or damage owned by it) and business, in such amounts and covering such risks as is required by any governmental authority having jurisdiction with insurers believed by the Company to be responsible to the extent that property of similar character respect thereto or as is usually so insured by corporations similarly situated and owning like properties carried generally in accordance with good sound business practice.practice by companies in similar businesses similarly situated,

Appears in 1 contract

Samples: Registration Rights Agreement (Phunware, Inc.)

Maintenance of Insurance. The Company It shall, and shall cause its Subsidiaries ------------------------ subsidiaries to, insure and keep at all times insured, with insurers and upon customary terms, all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that its property of similar character is usually so and assets customarily insured by corporations similarly situated companies carrying on a similar business or owning or operating similar property and owning like properties in accordance assets against the customary risks and for the customary amounts, and shall provide the Lender, when requested, with good business practicecopies of all such insurance policies.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Apollo Gold Corp)

Maintenance of Insurance. The Company shall, and shall cause each of its Restricted Subsidiaries to, keep at all times all of their its properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character usually is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 1 contract

Samples: Indenture (Young Broadcasting Inc /De/)

Maintenance of Insurance. The Company shall, and the ------------------------- Company shall cause its Subsidiaries to, keep at all times all of their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 1 contract

Samples: Afc Enterprises Inc

Maintenance of Insurance. The Company shall, and shall cause its Restricted Subsidiaries to, keep at all times all of its and their properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties in accordance with good business practice.

Appears in 1 contract

Samples: Indenture (Pathology Building Partnership)

Maintenance of Insurance. The Company shall, shall and shall cause each of its Subsidiaries to, keep at all times all of their properties Properties which are of an insurable nature insured against loss or damage with insurers believed by the Company to be responsible to the extent that property Property of similar character characteristics is usually so insured by corporations similarly situated and owning like properties Properties in accordance with good business practice.

Appears in 1 contract

Samples: Grupo Financiero Galicia Sa

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