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Secured Credit Agreement Insurance Covenant Sample

Book Publication Date: Nov 2014
Description: Credit agreement housekeeping covenants deal with ongoing and periodic obligations of the parties throughout the term of the agreement. These sample clauses deal with the obligor's duty to maintain various types of insurance.
Type: Contract Clauses
PLI Item #: 128212
Practice Area: Banking and finance, Corporate finance

Keywords: "insurance covenant"; "credit agreement"; lender; borrower; "housekeeping covenant"; "property insurance"; "liability insurance"; risk; "secured credit agreement"; "business interruption insurance"; "comprehensive general liability insurance"; "marine liability"

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