Common use of Properties, Business, Insurance Clause in Contracts

Properties, Business, Insurance. The Company shall obtain and maintain and cause each of its subsidiaries to maintain as to its respective properties and business, with financially sound and reputable insurers, insurance against such casualties and contingencies and of such types and in such amounts as is consistent with past practices of the Company. The Company shall not cause or permit any assignment or change in beneficiary and shall not borrow against any such policy. If requested by a Holder (if holding, in the aggregate, at least a majority of the then outstanding Preferred Stock (or shares of Common Stock converted from the Preferred Stock)), the Company will add one designee of such Holder as a notice party for such policy and shall request that the issuer of such policy provide such designee with ten days notice before such policy is terminated (for failure to pay premiums or otherwise) or assigned or before any change is made in the beneficiary thereof.

Properties, Business, Insurance. The Company shall obtain and maintain and ------------------------------- cause each of its subsidiaries to maintain as to its their respective properties and business, with financially sound and reputable insurers, insurance against such casualties and contingencies and of such types and in such amounts as is consistent with past practices of customary for companies similarly situated, which insurance shall be deemed by the CompanyCompany to be sufficient. The Company shall not cause or permit any assignment or change in beneficiary and shall not borrow against any such policy. If requested by a Holder (if holding, in the aggregate, Purchasers holding at least a majority of the then outstanding Preferred Stock (or shares of Common Stock converted from the Preferred Stock))Shares, the Company will add one designee of such Holder Purchasers as a notice party for such policy and shall request that the issuer of such policy provide such designee with ten days (10) days' notice before such policy is terminated (for failure to pay premiums or otherwise) or assigned or before any change is made in the beneficiary thereof.

Properties, Business, Insurance. The Company shall obtain and maintain and cause each of its subsidiaries Subsidiaries to maintain as to its their respective properties and business, with financially sound and reputable insurers, insurance against such casualties and contingencies and of such types and in such amounts as is consistent with past practices of customary for companies similarly situated, which insurance shall be deemed by the CompanyCompany to be sufficient. The Company shall not cause or permit any assignment or change in beneficiary and shall not borrow against any such policy. If requested by a Holder (if holding, in the aggregate, Purchasers holding at least a majority of the then outstanding Preferred Stock (or shares of Common Stock converted from the Series G Preferred Stock)), the Company will add one designee of such Holder holders as a notice party for each such policy and shall request that the issuer of such each policy provide such designee with ten days (10) days' notice before such policy is terminated (for failure to pay premiums or otherwise) or assigned or before any change is made in the beneficiary thereof.

Properties, Business, Insurance. The Company shall obtain and maintain and cause each of its subsidiaries Subsidiaries to maintain as to its their respective properties and business, with financially sound and reputable insurers, insurance against such casualties and contingencies and of such types and in such amounts as is consistent with past practices of customary for companies similarly situated, which insurance shall be deemed by the CompanyCompany to be sufficient. The Company shall not cause or permit any assignment or change in beneficiary and shall not borrow against any such policy. If requested by a Holder (if holding, in the aggregate, Purchasers holding at least a majority of the then outstanding Preferred Stock (or shares of Common Stock converted from the Series E Preferred Stock)), the Company will add one designee of such Holder holders as a notice party for each such policy and shall request that the issuer of such each policy provide such designee with ten days (10) days' notice before such policy is terminated (for failure to pay premiums or otherwise) or assigned or before any change is made in the beneficiary thereof.