Properties, Business, Insurance. The Company shall obtain and maintain and cause each of its Subsidiaries to maintain as to their respective properties and business, with financially sound and reputable insurers, insurance against such casualties, contingencies and other risks and hazards and of such types and in such amounts as are reasonably prudent.
Appears in 2 contracts
Samples: Purchase Agreement (Westwood One Inc /De/), Purchase Agreement (Westwood One Inc /De/)
Properties, Business, Insurance. The Company shall obtain and maintain and cause each of its Subsidiaries to maintain as to their respective properties and business, with financially sound and reputable insurers, insurance against such casualties, contingencies and other risks and hazards and of such types and in such amounts as are reasonably prudentis customary for companies similarly situated.
Appears in 2 contracts
Samples: Preferred Stock Purchase Agreement (Hanger Orthopedic Group Inc), Preferred Stock Purchase Agreement (Ares Corporate Opportunities Fund Lp)
Properties, Business, Insurance. The Company shall obtain and maintain and cause each of its Subsidiaries (if any) to maintain as to their its respective properties and business, with financially sound and reputable insurers, insurance against such casualties, casualties and contingencies and other risks and hazards and of such types and in such amounts as are reasonably prudentis customary for companies similarly situated.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Refocus Group Inc), Securities Purchase Agreement (Refocus Group Inc)
Properties, Business, Insurance. The Except as expressly provided in Section 4.7 above, the Company shall obtain and maintain and cause each of its Subsidiaries to maintain as to their respective properties and business, with financially sound and reputable insurers, insurance against such casualties, contingencies and other risks and hazards and of such types and in such amounts as are reasonably prudentis customary for companies similarly situated.
Appears in 1 contract
Properties, Business, Insurance. The Company shall obtain and maintain maintain, and cause each of its Subsidiaries subsidiaries, if any, to maintain maintain, as to their respective properties and business, with financially sound and reputable insurers, insurance against such casualties, casualties and contingencies and other risks and hazards and of such types and in such amounts as are reasonably prudentis customary for companies similarly situated.
Appears in 1 contract
Samples: Stockholders’ Agreement (Us Xpress Enterprises Inc)
