Common use of Post-Closing Requirement Clause in Contracts

Post-Closing Requirement. Deliver to Bank, within thirty (30) days of the Effective Date, evidence satisfactory to Bank that the insurance policies and endorsements required by Section 6.7 hereof are in full force and effect, together with appropriate evidence showing lender loss payable and/or additional insured clauses or endorsements in favor of Bank.

Appears in 2 contracts

Sources: Loan and Security Agreement (Datawatch Corp), Loan and Security Agreement (Icad Inc)