Common use of Maintenance of Insurance Clause in Contracts

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary 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 such Subsidiary operates.

Appears in 20 contracts

Samples: Credit Agreement (Honeywell International Inc), Five Year Credit Agreement (Honeywell International Inc), Five Year Credit Agreement (Honeywell International Inc)

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Maintenance of Insurance. Maintain, and cause each Designated Significant Subsidiary 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 properties; provided, however, that the Borrower and each Significant Subsidiary may self-insure to the same general areas extent as other companies engaged in which similar businesses and owning similar properties and to the Company or such Subsidiary operatesextent consistent with prudent business practice.

Appears in 18 contracts

Samples: Credit Agreement, Credit Agreement (American Electric Power Co Inc), Credit Agreement (American Electric Power Co Inc)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary 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 Borrower or such Subsidiary operates.

Appears in 16 contracts

Samples: Credit Agreement (Packaging Corp of America), Credit Agreement (Packaging Corp of America), Credit Agreement (Packaging Corp of America)

Maintenance of Insurance. Maintain, and and, in the case of the Company, cause each Designated Principal Subsidiary and each Restricted Affiliate 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 Company, such Subsidiary or such Subsidiary Restricted Affiliate operates.

Appears in 10 contracts

Samples: Agreement (El Paso Tennessee Pipeline Co), Agreement (El Paso Energy Corp/De), Agreement (El Paso Natural Gas Co)

Maintenance of Insurance. Maintain, and cause each Designated Significant Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations in (including affiliated companies) for such amounts and amounts, covering such risks and with such deductibles as is usually carried by companies of comparable size engaged in similar businesses and owning similar properties in the same general areas in which the Company Borrower or such Subsidiary operates, or maintain a sound self-insurance program for such risks as may be prudently self-insured.

Appears in 9 contracts

Samples: Year Credit Agreement (Colgate Palmolive Co), Five Year Credit Agreement (Colgate Palmolive Co), Credit Agreement (Colgate Palmolive Co)

Maintenance of Insurance. Maintain, and cause each Designated Material Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually carried by (or, as applicable, self-insure in a manner and to an extent not inconsistent with conventions observed by) companies engaged in similar businesses and owning similar properties in the same general areas in which the Company Borrower or such Material Subsidiary operates.

Appears in 8 contracts

Samples: Credit Agreement (Baxter International Inc), Credit Agreement (Baxter International Inc), Credit Agreement (Baxter International Inc)

Maintenance of Insurance. Maintain, and and, in the case of the Company, cause each Designated Principal Subsidiary 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 such Subsidiary operates.

Appears in 7 contracts

Samples: Agreement (El Paso Tennessee Pipeline Co), Agreement (Tennessee Gas Pipeline Co), Agreement (El Paso CGP Co)

Maintenance of Insurance. Maintain, and cause each Designated Restricted Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations (or, to the extent consistent with prudent business practice, through its own program of self-insurance) 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 Parent Borrower or such Restricted Subsidiary operates.

Appears in 7 contracts

Samples: Credit Agreement (Brinks Co), Joinder Agreement (Brinks Co), Credit Agreement (Brinks Co)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to maintain, insurance with responsible and financially sound reputable insurance companies or associations (or, in the case of insurance for construction warranties and builder default protection for buyers of Housing Units from the Borrower or any of its Subsidiaries, UHIC) in such amounts and covering such risks as is are usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in or a similar business and similarly situated, which the Company or such Subsidiary operatesinsurance may provide for reasonable deductibility from coverage thereof.

Appears in 6 contracts

Samples: Assignment Agreement, Assignment Agreement (Beazer Homes Usa Inc), Term Loan Agreement (Beazer Homes Usa Inc)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary of the Company 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 such Subsidiary operates.

Appears in 6 contracts

Samples: Credit Agreement (Progress Energy Inc), Credit Agreement (Progress Energy Inc), Credit Agreement (Progress Energy Inc)

Maintenance of Insurance. (a) Maintain, and cause each Designated Subsidiary to maintain, insurance with responsible financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its properties and business against loss or associations damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts and covering as are customarily carried under similar circumstances by 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 such Subsidiary operatesother Persons.

Appears in 5 contracts

Samples: Credit Agreement (Compass Group Diversified Holdings LLC), Credit Agreement (5.11 Abr Corp.), Credit Agreement (Compass Group Diversified Holdings LLC)

Maintenance of Insurance. Maintain, and cause each Designated Restricted Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations (or, to the extent consistent with prudent business practice, through its own program of self-insurance) 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 Borrower or such Restricted Subsidiary operates.

Appears in 5 contracts

Samples: Letter of Credit Agreement (Brinks Co), Letter of Credit Agreement (Brinks Co), Letter of Credit Agreement (Brinks Co)

Maintenance of Insurance. Maintain, and cause each Designated Restricted Subsidiary 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 such Restricted Subsidiary operates; provided, however, that the Company and its Restricted Subsidiaries may self-insure to the extent consistent with prudent business practice.

Appears in 4 contracts

Samples: Credit Agreement (Eastman Kodak Co), Letter of Credit Facility Agreement (Eastman Kodak Co), Letter of Credit Facility Agreement (Eastman Kodak Co)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually customarily carried by companies engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary operates.

Appears in 4 contracts

Samples: Investor Rights Agreement (Inotek Pharmaceuticals Corp), Rights Agreement (Voxware Inc), Investor Rights Agreement (Voxware Inc)

Maintenance of Insurance. Maintain, and cause each Designated Material Subsidiary to maintain, insurance insurance, either with responsible and reputable insurance companies or associations associations, or through its own program of self-insurance, 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 such Material Subsidiary operates.

Appears in 4 contracts

Samples: Reimbursement Agreement (Pinnacle West Capital Corp), Reimbursement Agreement (Pinnacle West Capital Corp), Reimbursement Agreement (Pinnacle West Capital Corp)

Maintenance of Insurance. MaintainThe Company shall maintain, and cause each Designated ------------------------ Subsidiary 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 such Subsidiary operates.

Appears in 4 contracts

Samples: Investor Rights Agreement (Cahill Edward L), Subordinated Debenture and Warrant Purchase Agreement (Concorde Career Colleges Inc), Subordinated Debenture and Warrant Purchase Agreement (Concorde Career Colleges Inc)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary 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 such Subsidiary operates, but in any event sufficient to prevent the Company or such Subsidiary from being a co-insurer.

Appears in 3 contracts

Samples: Note Purchase Agreement (Dynasil Corp of America), Note Purchase Agreement (Dynasil Corp of America), Security Agreement (Dynasil Corp of America)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to maintain, insurance with responsible financially sound and reputable insurance companies or associations in such amounts and covering such risks as is are usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in or a similar business and similarly situated, which the Company or insurance may provide for reasonable deductibility from coverage thereof, provided that Borrower may self insure such Subsidiary operatesrisks through a financially sound self insurance program.

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Burlington Coat Factory Warehouse Corp), Revolving Credit and Term Loan Agreement (Burlington Coat Factory Warehouse Corp), Revolving Credit Agreement (Burlington Coat Factory Warehouse Corp)

Maintenance of Insurance. MaintainThe Company will maintain, and cause each Designated Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks (a) as is usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary operatesSubsidiary, as applicable, operates and (b) as is reasonably acceptable to the Required Holders.

Appears in 3 contracts

Samples: Note Purchase Agreement (Crosstex Energy Lp), Master Shelf Agreement (Crosstex Energy Lp), Master Shelf Agreement (Crosstex Energy Lp)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to maintain, insurance with responsible and financially sound reputable insurance companies or associations (or, in the case of insurance for construction warranties and builder default protection for buyers of Housing Units from the Borrower or any of its Subsidiaries or UHIC) in such amounts and covering such risks as is are usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in or a similar business and similarly situated, which the Company or such Subsidiary operatesinsurance may provide for reasonable deductibility from coverage thereof.

Appears in 3 contracts

Samples: Credit Agreement (Beazer Homes Usa Inc), Assignment Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary subsidiary to maintain, insurance with responsible financially sound and reputable insurance companies or associations in such amounts and covering such risks as is are usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in or a similar business and similarly situated, which the Company or such Subsidiary operatesinsurance may provide for reasonable deductibility from coverage thereof.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Americas Carmart Inc), Agented Revolving Credit Agreement (Americas Carmart Inc), Agented Revolving Credit Agreement (Crown Group Inc /Tx/)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to maintain, insurance with responsible financially sound and reputable insurance companies or associations in such amounts and covering such risks as is are usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary operatesa similar business and similarly situated.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Saucony Inc), Credit Agreement (Landmark Systems Corp), Credit Agreement (Microdyne Corp)

Maintenance of Insurance. MaintainThe Company shall maintain, and cause each Designated Subsidiary 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 such Subsidiary operates.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Right Start Inc /Ca), Securities Purchase Agreement (Right Start Inc /Ca), Securities Purchase Agreement (Cahill Edward L)

Maintenance of Insurance. Maintain, and cause each Designated Restricted Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations (or, to the extent consistent with prudent business practice, through its own program of self-insurance) 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 Parent or such Restricted Subsidiary operates.

Appears in 3 contracts

Samples: Credit Agreement (Brinks Co), Credit Agreement (Brinks Co), Credit Agreement (Brinks Co)

Maintenance of Insurance. MaintainThe Company will carry and maintain, and cause each Designated Subsidiary to carry and maintain, insurance with responsible (subject to customary deductibles and reputable insurance companies or associations retentions) in at least such amounts and covering against such risks liabilities and hazards and by such methods as is usually carried customarily maintained by other companies engaged in operating similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary operatesbusinesses.

Appears in 3 contracts

Samples: Subordinated Note Restructuring Agreement (Prudential Insurance Co of America), Restructuring Agreement (Boots & Coots International Well Control Inc), Subordinated Note and Warrant Purchase Agreement (Hallwood Consolidated Resources Corp)

Maintenance of Insurance. MaintainThe Company shall maintain, and cause each Designated Subsidiary 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 such Subsidiary operates.

Appears in 2 contracts

Samples: Debenture and Warrant Purchase Agreement (Cahill Edward L), Subordinated Debenture and Warrant Purchase Agreement (Cahill Edward L)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary 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 Borrower or such Subsidiary operates.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Cal Maine Foods Inc), Revolving Credit Agreement (Cal Maine Foods Inc)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to maintain, insurance with responsible financially sound and reputable insurance companies or associations in such amounts and covering such risks as is are usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in or a similar business and similarly situated, which the Company or such Subsidiary operatesinsurance may provide for reasonable deductibility from its coverage.

Appears in 2 contracts

Samples: Agreement (Eautoclaims Com Inc), Registration Rights Agreement (United States Antimony Corp)

Maintenance of Insurance. Maintain, and cause each Designated Significant Subsidiary 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 properties; provided, however, that the Borrower and each Significant Subsidiary may self-insure to the same general areas extent as other companies engaged in which similar businesses and owning similar properties and to the Company or such Subsidiary operates.extent consistent with prudent business practice. (g)

Appears in 2 contracts

Samples: Credit Agreement (Ohio Power Co), Credit Agreement (Ohio Power Co)

Maintenance of Insurance. Maintain, Maintain and will cause each Designated Subsidiary to maintain, insurance with responsible coverage by financially sound and reputable insurance companies or associations insurers in such forms and amounts and covering against such risks as is usually carried by companies are customary for corporations of established reputation engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary operatesa similar business and owning and operating similar properties.

Appears in 2 contracts

Samples: Exchange Facilities Agreement (Mestek Inc), Revolving Loans and Foreign Exchange Facilities Agreement (Mestek Inc)

Maintenance of Insurance. MaintainThe Company shall maintain, and cause ------------------------ each Designated Subsidiary to maintain, : (a) insurance with responsible and reputable insurance companies or associations in such amounts and covering against such risks as is usually carried by companies engaged in similar businesses and owning similar properties in the same general areas area in which the Company or such any Subsidiary operates, and (b) insurance required by any Governmental Authority having jurisdiction over the Company or any Subsidiary.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Standard Pacific Corp /De/), Revolving Credit Agreement (Standard Pacific Corp /De/)

Maintenance of Insurance. MaintainThe Company shall maintain, ------------------------ and cause each Designated Subsidiary 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 such Subsidiary operates.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Right Start Inc /Ca), Securities Purchase Agreement (Right Start Inc /Ca)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to maintain, insurance on its or their properties 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 Borrower or such Subsidiary operates. Borrower will deliver to the Agent, at the time of making the first Loans and on the last day of each fiscal year thereafter a statement or insurance company certificate in such detail as the Agent may request as to all insurance coverage of Borrower and all of its Subsidiaries.

Appears in 2 contracts

Samples: Loan Agreement (Foster L B Co), Loan Agreement (Foster L B Co)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary subsidiary to ------------------------ maintain, insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually customarily carried by companies engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary subsidiary operates.;

Appears in 2 contracts

Samples: Investor Rights Agreement (Pozen Inc /Nc), Investor Rights Agreement (Pozen Inc /Nc)

Maintenance of Insurance. Maintain, and cause each Designated Restricted Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations (or, to the extent consistent with prudent business practice, through its own program of self-insurance) 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 Applicant or such Restricted Subsidiary operates.

Appears in 2 contracts

Samples: Continuing Agreement (Brinks Co), Issuance and Reimbursement Agreement (Brinks Co)

Maintenance of Insurance. Maintain, and cause each Designated Principal Subsidiary 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 Borrower or such Subsidiary operates.

Appears in 1 contract

Samples: Credit Facility Agreement (Credit Suisse First Boston Usa Inc)

Maintenance of Insurance. Maintain, and cause each Designated Material Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually carried by (or, as applicable, self-insure in a manner and to an extent not inconsistent with conventions observed by) companies engaged in similar businesses and owning similar properties in the same general areas in which the Company Borrower or such Subsidiary operates.

Appears in 1 contract

Samples: Credit Agreement (Baxter International Inc)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary ------------------------- to maintain, insurance with responsible and reputable insurance companies or associations insurance in such amounts and covering such risks as is usually carried by companies of similar size engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary operates.

Appears in 1 contract

Samples: Content License and Marketing Agreement (Mothernature Com Inc)

Maintenance of Insurance. Maintain, and cause each Designated Principal Subsidiary 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 such Subsidiary operates.

Appears in 1 contract

Samples: El Paso Corp/De

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary 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 such relevant Subsidiary operates.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Aroc Inc)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary subsidiary to maintain, (i) insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually customarily carried by companies engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary subsidiary operates.

Appears in 1 contract

Samples: Operating Agreement (Integrated Medical Systems Inc)

Maintenance of Insurance. MaintainThe Company shall maintain, and ------------------------ cause each Designated Subsidiary 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 such Subsidiary subsidiary operates.

Appears in 1 contract

Samples: Convertible Debenture Purchase Agreement (Right Start Inc /Ca)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary 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 any such Subsidiary operates.

Appears in 1 contract

Samples: Encon Systems Inc

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Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to maintain, insurance with responsible financially sound and reputable insurance companies or associations in such amounts and covering such risks as is are usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in which or a similar business and similarly situated, including, without limitation, insurance covering the Company or such Subsidiary operatesInventory and Equipment as required hereby.

Appears in 1 contract

Samples: Loan and Security Agreement (Template Software Inc)

Maintenance of Insurance. Maintain, and and, in the case of the Company, cause each Designated Principal Subsidiary and each Restricted Affiliate 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 54 49 which the Company Company, such Subsidiary or such Subsidiary Restricted Affiliate operates.

Appears in 1 contract

Samples: El Paso Natural Gas Co

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary ------------------------ 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 such Subsidiary operates.

Appears in 1 contract

Samples: Lionbridge Technologies Inc /De/

Maintenance of Insurance. Maintain, and and, in the case of the Company, cause each Designated Principal Subsidiary and each Restricted Affiliate 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 53 49 which the Company Company, such Subsidiary or such Subsidiary Restricted Affiliate operates.

Appears in 1 contract

Samples: Agreement (El Paso Natural Gas Co)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to maintain, insurance with responsible financially sound and reputable insurance companies or associations in such amounts and covering such risks as is are usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in or a similar business and similarly situated, which insurance may provide for reasonable deductibility from coverage thereof and shall reflect the Company Bank as an additional named insured or such Subsidiary operatesadditional loss payee thereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Landmark Bancorp Inc)

Maintenance of Insurance. MaintainThe Company shall maintain, and cause each Designated Subsidiary to maintain, : (a) insurance with responsible and reputable insurance companies or associations in such amounts and covering against such risks as is usually carried by companies engaged in similar businesses and owning similar properties in the same general areas area in which the Company or such Subsidiary operates, and (b) insurance required by any Governmental Agency having jurisdiction over the Company or any Subsidiary.

Appears in 1 contract

Samples: Acquisition Term Loan Agreement (Tic Acquisition LLC)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary 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 such Subsidiary operates.. (d)

Appears in 1 contract

Samples: Five Year Credit Agreement (Honeywell International Inc)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary ------------------------ 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 such Subsidiary operates, and in any event in amounts sufficient to prevent the Company or such Subsidiary from becoming a co- insurer.

Appears in 1 contract

Samples: Loislaw Com Inc

Maintenance of Insurance. Maintain, and as appropriate and necessary cause each Designated Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations insurance in such amounts and covering such risks as is usually carried by companies of similar size engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary operatesSubsidiary.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Cumetrix Data Systems Corp)

Maintenance of Insurance. MaintainThe Company shall maintain, and cause each Designated Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually customarily carried by companies engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary operates.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cempra Holdings, LLC)

Maintenance of Insurance. MaintainExcept as permitted by Section 8.22 ------------------------ ------------ below, the Company shall maintain, and cause each Designated Subsidiary to maintain, : (a) insurance with responsible and reputable insurance companies or associations in such amounts and covering against such risks as is usually carried by companies engaged in similar businesses and owning similar properties in the same general areas area in which the Company or such any Subsidiary operates, and (b) insurance required by any Governmental Authority having jurisdiction over the Company or any Subsidiary.

Appears in 1 contract

Samples: Revolving Credit Agreement (Standard Pacific Corp /De/)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to maintain, insurance with responsible financially sound and reputable insurance companies or associations in such amounts and covering such risks as is are usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in which or a similar business and similarly situated, including the Company or such Subsidiary operatesinsurance required by the Security Agreement.

Appears in 1 contract

Samples: Credit Agreement (Microdyne Corp)

Maintenance of Insurance. Maintain, and cause each Designated ------------------------ Subsidiary 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 such Subsidiary operates, and in any event in amounts sufficient to prevent the Company or such Subsidiary from becoming a co-insurer.

Appears in 1 contract

Samples: Loislaw Com Inc

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary 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 such Subsidiary operates, but in any event in amounts sufficient to prevent the Company or such Subsidiary from becoming a co-insurer.

Appears in 1 contract

Samples: Peritus Software Services Inc

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary 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 relevant Borrower or such Subsidiary operates, and in any event in amounts sufficient to prevent the Borrowers and the Subsidiaries from becoming co-insurers.

Appears in 1 contract

Samples: Registration Rights Agreement (Odyssey Healthcare Inc)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary subsidiary to maintain, insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually customarily carried by companies engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary subsidiary operates.;

Appears in 1 contract

Samples: Rights Agreement (Liposcience Inc)

Maintenance of Insurance. Maintain, and cause each Designated Restricted Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations (or, to the extent consistent with prudent business practice, through its own program of self-insurance) 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 such Subsidiary it operates.

Appears in 1 contract

Samples: Credit Agreement (Pittston Co)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to ------------------------ maintain, insurance with responsible financially sound and reputable insurance companies or associations in such amounts and covering such risks as is are usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary operatesa similar business and similarly situated.

Appears in 1 contract

Samples: Loan Agreement (Template Software Inc)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary 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 such Subsidiary operatesoperates and in any event in amounts sufficient to prevent the Company or such Subsidiary from becoming a co-insurer.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Ecollege Com)

Maintenance of Insurance. Maintain, and cause each Designated Significant Subsidiary to maintain, insurance with responsible and reputable insurance companies or associations in (including affiliated companies) for such amounts and amounts, covering such risks and with such deductibles as is usually carried by companies of comparable size engaged in similar businesses and owning similar properties in the same general areas in which the Company Borrower or such Subsidiary operates., or maintain a sound self-insurance program for such risks as may be prudently self-insured. (e)

Appears in 1 contract

Samples: Five Year Credit Agreement (Colgate Palmolive Co)

Maintenance of Insurance. Maintain, and cause each Designated of its Subsidiary Parties to maintain, workers' compensation, general liability and property casualty 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 Borrower or such Subsidiary operates.

Appears in 1 contract

Samples: Credit Agreement (Applebees International Inc)

Maintenance of Insurance. Maintain, and cause each Designated Material Subsidiary 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 such Subsidiary Person operates.

Appears in 1 contract

Samples: Credit Agreement (Uil Holdings Corp)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to maintain, insurance with responsible financially sound and reputable insurance companies or associations in such amounts and covering such risks risk as is are usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary operatesa similar business and similarly situated.

Appears in 1 contract

Samples: Loan and Security Agreement (Spacehab Inc \Wa\)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary to ------------------------ maintain, insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually carried by companies of similar size engaged in similar businesses and owning similar properties in the same general areas in which the Company or such Subsidiary operates, but in any event in amounts sufficient, in the case of real property, to prevent the Company or such Subsidiary from becoming a co-insurer.

Appears in 1 contract

Samples: Providence & Worcester Railroad Co/Ri/

Maintenance of Insurance. Maintain, and cause each Designated Restricted Subsidiary to maintain, insurance with responsible commercially reasonable and reputable insurance companies or associations in such amounts and covering such risks as is are usually carried by companies engaged in similar businesses and owning similar properties in the same general areas in or a similar business and similarly situated, which the Company or such Subsidiary operatesinsurance may provide for reasonable deductibility from coverage thereof.

Appears in 1 contract

Samples: Facilities Agreement (Boston Chicken Inc)

Maintenance of Insurance. Maintain, and cause each Designated Subsidiary 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 such Subsidiary operates, but in any event in amounts sufficient to prevent the Company or such Subsidiary from becoming a co-insurer.

Appears in 1 contract

Samples: Third Amendment Agreement (Monitronics International Inc)

Maintenance of Insurance. MaintainThe Company shall maintain, and ------------------------ cause each Designated Subsidiary to maintain, : (a) insurance with responsible and reputable insurance companies or associations in such amounts and covering against such risks as is usually carried by companies engaged in similar businesses and owning similar properties in the same general areas area in which the Company or such any Subsidiary operates, and (b) insurance required by any Governmental Authority having jurisdiction over the Company or any Subsidiary.

Appears in 1 contract

Samples: Revolving Credit Agreement (Standard Pacific Corp /De/)

Maintenance of Insurance. MaintainThe Company shall maintain, ------------------------ and cause each Designated Subsidiary 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 such Subsidiary operates.

Appears in 1 contract

Samples: Investor Rights Agreement (Touchstone Applied Science Associates Inc /Ny/)

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