Common use of Policies of Insurance Clause in Contracts

Policies of Insurance. All insurance policies, performance --------------------- bonds, and letters of credit insuring the Companies or which the Companies have had issued and which have not expired are listed on Schedule 3.11 attached hereto. Schedule 3.11 includes the names and addresses of the insurers and sureties, policy and bond numbers, types of coverage or bond, time periods or projects covered and the names and addresses of all known banks, beneficiaries, agents or agencies with respect to each listed insurance policy, performance bond and letter of credit. All current insurance policies, performance bonds and letters of credits of the Companies are in force and effect and the premiums thereon are not delinquent. Except as set forth in Schedule 3.11, the Companies have not received any notification from any insurance carrier denying or disputing any claim made by any of the Companies or denying or disputing any coverage for any such claim or denying or disputing the amount of any claim. The Companies have no claim against any of their insurance carriers under any of policies insuring them pending or anticipated and there has been no occurrence of any kind which would give rise to any such claim.

Appears in 5 contracts

Samples: Stock and Partnership Interest Purchase Agreement (Eastern Environmental Services Inc), Stock Purchase Agreement (Eastern Environmental Services Inc), Stock Purchase Agreement (Eastern Environmental Services Inc)

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