Maintenance of Insurance Clause Example from Business Contracts

This example Maintenance of Insurance clause appears in 9 contracts from 1 company

Maintenance of Insurance. The Company shall use commercially reasonable efforts to obtain and maintain in effect during the entire period for which the Company is obligated to indemnify the Indemnitee under this Agreement, one or more policies of insurance with reputable insurance companies to provide the officers/directors of the Company with coverage for losses from wrongful acts and omissions. The Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the ...coverage available for any such director or officer under such policy or policies. View More