Continuation of Insurance. All policies of insurance shall provide for at least thirty (30) days prior written cancellation notice to the Collateral Agent. In the event of failure by any Grantor to provide and maintain insurance as herein provided, the Collateral Agent may, at its option, provide such insurance and charge the amount thereof to such Grantor. Each Grantor shall furnish the Collateral Agent with certificates of insurance with corresponding endorsements and policies evidencing compliance with the foregoing insurance provisions.
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Samples: Amended and Restated Security Agreement (Kaman Corp), Security Agreement (Kaman Corp)
Continuation of Insurance. All policies of insurance shall provide for at least thirty (30) 30 days prior written cancellation notice to the Collateral Agent. In the event of failure by any Grantor Obligor to provide and maintain insurance as herein provided, the Collateral Agent may, at its option, provide such insurance and charge the amount thereof to such Grantorany one or more of the Obligors. Each Grantor Obligor shall furnish the Collateral Agent with certificates of insurance with corresponding endorsements and policies evidencing compliance with the foregoing insurance provisionsprovision.
Appears in 2 contracts
Samples: Security Agreement (Castle a M & Co), Security Agreement (Castle a M & Co)
Continuation of Insurance. All policies of insurance shall provide for at least thirty (30) 30 days prior written cancellation notice to the Collateral Agent. In the event of failure by any Grantor the Maker to provide and maintain insurance as herein provided, the Collateral Agent may, at its option, provide such insurance and charge the amount thereof to such Grantorthe Maker. Each Grantor The Maker shall furnish the Collateral Agent with certificates of insurance with corresponding endorsements and policies evidencing compliance with the foregoing insurance provisionsprovision.
Appears in 2 contracts
Samples: Security Agreement (Evolving Systems Inc), Security Agreement (Evolving Systems Inc)
Continuation of Insurance. All policies of insurance shall provide for at least thirty (30) days prior written cancellation notice to the Collateral Agent. In the event of failure by any Grantor the Company to provide and maintain insurance as herein provided, the Collateral Agent may, at its option, provide such insurance and charge the amount thereof to such Grantorthe Company. Each Grantor The Company shall furnish the Collateral Agent with certificates of insurance with corresponding endorsements and policies evidencing compliance with the foregoing insurance provisionsprovision.
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Continuation of Insurance. All policies of insurance shall provide for at least thirty (30) days prior written cancellation notice to the Collateral Agent. In the event of failure by any Grantor the Grantors to provide and maintain insurance as herein provided, the Collateral Agent may, at its option, provide such insurance and charge the amount thereof to such Grantorthe Grantors. Each Grantor The Grantors shall furnish the Collateral Agent with certificates of insurance with corresponding endorsements and policies evidencing compliance with the foregoing insurance provisionsprovision.
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Continuation of Insurance. All policies of insurance shall provide for at least thirty (30) 30 days prior written cancellation notice to the Collateral Agent. In the event of failure by any Grantor the Companies to provide and maintain insurance as herein provided, the Collateral Agent may, at its option, provide such insurance and charge the amount thereof to such Grantorthe Companies. Each Grantor The Companies shall furnish the Collateral Agent with certificates of insurance with corresponding endorsements and policies evidencing compliance with the foregoing insurance provisionsprovision.
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Continuation of Insurance. All policies of insurance shall provide for at least thirty (30) days prior written cancellation notice to the Collateral Agent. In the event of failure by any Grantor Company to provide and maintain insurance as herein provided, the Collateral Agent may, at its option, provide such insurance and charge the amount thereof to such Grantorthe Companies. Each Grantor Company shall furnish the Collateral Agent with certificates of insurance with corresponding endorsements and policies evidencing compliance with the foregoing insurance provisionsprovision.
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Continuation of Insurance. All policies of insurance shall provide for at least thirty (30) days days’ prior written cancellation notice to the Collateral Agent. In the event of failure by any Grantor Debtor to provide and maintain insurance as herein provided, the Collateral Agent may, at its option, provide such insurance and charge the amount thereof to such GrantorDebtor. Each Grantor Debtor shall furnish the Collateral Agent with certificates of insurance with corresponding endorsements and policies evidencing compliance with the foregoing insurance provisionsprovision.
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Continuation of Insurance. All policies of insurance shall provide for at least thirty (30) 30 days prior written cancellation notice to the Collateral Agent. In the event of failure by any Grantor of the Obligors to provide and maintain insurance as herein provided, the Collateral Agent may, at its option, provide such insurance and charge the amount thereof to such Grantorthe Obligors. Each Grantor The Obligors shall furnish the Collateral Agent with certificates of insurance with corresponding endorsements and policies evidencing compliance with the foregoing insurance provisionsprovision.
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Continuation of Insurance. All policies of insurance shall provide for at least thirty (30) 30 days prior written cancellation notice to the Collateral Agent. In the event of failure by any Grantor to provide and maintain insurance as herein provided, the Collateral Agent may, at its option, provide such insurance and charge the amount thereof to such Grantor. Each Grantor The Grantors shall furnish the Collateral Agent with certificates of insurance with corresponding endorsements and policies evidencing compliance with the foregoing insurance provisionsprovision.
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Samples: Security Agreement (National Investment Managers Inc.)