Common use of Obligation to Continue Clause in Contracts

Obligation to Continue. Neither any of the SIPs nor SDS or any of its affiliates shall cancel any Policy under which any of SDS or any of its affiliates or any SIP, respectively, remains a beneficiary. After the Effective Date, SDS shall be solely responsible for obtaining and maintaining all policies of insurance covering its business and other activities after such date.

Appears in 2 contracts

Sources: Insurance Matters Agreement (Sybron Dental Specialties Inc), Insurance Matters Agreement (SDS Holding Co)