Common use of Keep and maintain Clause in Contracts

Keep and maintain. (and require subsidiaries to keep and maintain) all of its property and assets in good order and repair and maintain fire, public liability and other insurance in coverages and amounts customary for Borrower's business or as Bank from time to time may require and deliver to Bank certificates of all such insurance in effect; and cause all such policies covering property given as security for the Credit Accommodation(s) to have loss payee endorsements in favor of Bank and not to be subject to cancellation unless thirty (30) days prior written notice thereof shall have been received by Bank.

Appears in 2 contracts

Sources: Loan Agreement (Dynasil Corp of America), Loan Agreement (Dynasil Corp of America)