Common use of Product Liability Insurance Clause in Contracts

Product Liability Insurance. insurance against claims for bodily injury, death or Property damage resulting from the use of products sold by the Parent or any of its Subsidiaries in such amounts as are then customarily maintained by responsible persons engaged in businesses similar to that of the Parent and its Subsidiaries.

Appears in 3 contracts

Samples: Credit Agreement (Commonwealth Industries Inc/De/), Credit Agreement (Commonwealth Aluminum Corp), Credit Agreement (Commonwealth Aluminum Corp)

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Product Liability Insurance. insurance against liability for claims for bodily injury, death or Property damage resulting from the use of products sold by the Parent Parent, Holdings or any of its Subsidiaries in such amounts as are then customarily maintained by responsible persons engaged in businesses similar to that of the Parent Parent, Holdings and its SubsidiariesSubsidiaries (subject to deductibles not exceeding $750,000, or such higher deductible as shall be reasonably satisfactory to the Administrative Agent).

Appears in 1 contract

Samples: Credit Agreement (Six Flags Inc)

Product Liability Insurance. insurance against liability for claims for bodily injury, death or Property damage resulting from the use of products sold by the Parent Parent, Holdings or any of its Subsidiaries in such amounts as are then customarily maintained by responsible persons engaged in businesses similar to that of the Parent Parent, Holdings and its SubsidiariesSubsidiaries (subject to deductibles not exceeding $300,000, or such higher deductible as shall be reasonably satisfactory to the Administrative Agent).

Appears in 1 contract

Samples: Credit Agreement (Premier Parks Inc)

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Product Liability Insurance. insurance against claims for bodily injury, death or Property damage resulting from the use of products sold by the Parent or any of its Subsidiaries Obligor in such amounts as are then customarily maintained by responsible persons engaged in businesses similar to that of the Parent Company and its Subsidiariessuch Obligor.

Appears in 1 contract

Samples: Credit Agreement (Decrane Aircraft Holdings Inc)

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