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Secured Credit Agreement Insurance Covenant Sample

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.
Form Type: Contract Clauses
Practice Area: Corporate & Securities

Date: Nov 2014
PLI Item #: 128212
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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