Policies and certificates for insurance shall be delivered by the Contractor to the Engineer for the Engineer’s approval before the Start Date. All such insurance shall provide for compensation to be payable in the types and proportions of currencies required to rectify the loss or damage incurred.
Policies and certificates. The Borrower shall, and shall cause its Subsidiaries and the Holdco Entities to, procure and maintain or shall cause to be procured and maintained continuously in effect policies of insurance in form and amounts and issued by financially sound insurance companies as is customary for companies in the same or similar businesses. Upon request of the Administrative Agent, summaries or copies of all policies or certificates thereof, and endorsements and renewals thereof of the Borrower and its Subsidiaries and the Holdco Entities shall be delivered to and retained by the Administrative Agent. All such policies of insurance shall either have attached thereto a Lender’s Loss Payable Endorsement for the benefit of the Administrative Agent for its benefit and the ratable benefit of the Lenders, as loss payee in form reasonably satisfactory to the Administrative Agent in its sole discretion or shall name the Administrative Agent as an additional insured, as applicable. All policies or certificates of insurance shall set forth the coverage, the limits of liability, the name of the carrier, the policy number, and the period of coverage. All such certificates of insurance of the Borrower and its Subsidiaries and the Holdco Entities shall contain a provision that notwithstanding any contrary agreements between the Borrower, its Subsidiaries, any Holdco Entity and the applicable insurance company, such policies will not be canceled, allowed to lapse without renewal, surrendered or amended solely to reduce the scope or limits of coverage without the applicable insurance company endeavoring to provide at least thirty days’ prior written notice to the Administrative Agent.
Policies and certificates for insurance shall be delivered by the Contractor to the Project Manager for the Project Manager’s approval before the start date. All such insurance shall provide for compensation to be payable in the types and proportions of currencies required to rectify the loss or damage incurred.
Policies and certificates. Borrower shall deliver to Lender (i) certified copies of all policies (and renewals) required under this Section 3.06 within twenty-one (21) days after the expiration date of the current applicable policy, (ii) insurance binders evidencing insurance coverage is in effect for Borrower’s Individual Property as required under this Section 3.06 at least ten (10) days prior to the expiration date of the current applicable policy, and (iii) receipts evidencing payment of all premiums on such policies at least ten (10) days prior to the expiration date of the current applicable policy. If original and renewal policies are unavailable or if coverage is under a blanket policy, then Borrower shall deliver duplicate originals or, if unavailable, (1) an MBA Evidence of Insurance—Commercial Property form certificate (the “MBA Form”) (or, until such time as the MBA Form is available in the Property State, an original certificate in form substantially similar to the XXXXX 28 (2003/10) certificate) with respect to all insurance coverage required under Section 3.06(a) above (or equivalent certificates acceptable to Lender; provided, however, that any certificate containing language to the effect that the certificate is provided “for information only” shall not qualify as adequate evidence), and (2) an original XXXXX 25 certificate with respect to all insurance coverage required under Section 3.06(b) above (or equivalent certificates acceptable to Lender; provided, however, that any certificate containing language to the effect Prudential Loan Nos. 706109321 - 706109336 CNL BV Portfolio Amended and Restated Loan Agreement that the certificate is provided “for information only” shall not qualify as adequate evidence) evidencing that such policies are in full force and effect, together with certified copies of the original policies. Without limiting Lender’s other rights with respect to the foregoing obligations, if, within ten (10) days prior to the expiration of the current applicable policy, Lender has not timely received the items required under this Section 3.06(d)(ii) and 3.06(d)(iii) in form and substance acceptable to Lender (as being in compliance with the terms of this Agreement), then Lender may, but shall not be obligated to, (i) retain a commercial property insurance consultant to assist Lender in obtaining adequate evidence that the required insurance coverage is in effect, in which event Borrower shall (A) cooperate with such consultant in confirming that adequ...
Policies and certificates. All policies required to be provided pursuant to this Section 11 shall contain a waiver of subrogation in favor of Licensor, Landlord (as applicable) and Licensor’s manager (as applicable). Licensee shall provide certificates of insurance evidencing said coverage to Licensor upon execution of the SLA and at least annually as the policies renew. Any failure on the part of Licensor to request the required certificates of insurance shall not in any way be construed as a waiver of any of the aforesaid insurance requirements. All policies required hereunder shall provide that the insurer shall notify Licensor of any policy cancellation not less than thirty (30) days in advance of the effective date of such cancelation, or, if such cancelation is due to non-payment of premium, not less than ten (10) days in advance of the effective date of such cancellation.
Policies and certificates. All policies shall name LCRDA, the State of Florida, and IPTLH as named insureds as their respective interests may appear, but subject nevertheless to the loss-payee provisions and provisions relative to disposition of insurance proceeds stated below. All insurance shall be affected by valid enforceable policies issued by insurers rated B+X or better by A.M. Best Company and on forms reasonably approved by LCRDA. At least thirty (30) days prior to the expiration date of any policy, the original renewal policy or certificate thereof shall be delivered by IPTLH to LCRDA, together with evidence of payment of the premium on such policy. All such policies shall contain agreements by the insurers that
Policies and certificates. All of the insurance coverages required of Town by this Section 8 shall be in form and with companies Licensed in the state in which the Premises is located and reasonably satisfactory to Grantor. The policy or policies or duly executed certificate or certificates of insurance for the same , including a copy of the required additional insured provisions or endorsements, shall be deposited with Grantor upon the full execution of this TCE and upon renewals of such policies not less than thirty (30) days prior to the expiration of the term of such coverage.
Policies and certificates. Each of the Borrower and its Subsidiaries will maintain insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as are usually carried by companies engaged in similar businesses and owning similar assets and properties in the same general areas in which the Borrower and its Subsidiaries operate. The Borrower and each of its Subsidiaries will also insure employers' and public and product liability risks with responsible insurance companies, all as reasonably acceptable to the Collateral Agent. The Borrower will (i) on the Closing Date, (ii) on or before January 31st of each calendar year commencing January 31, 2000 and (iii) upon the request of the Collateral Agent, furnish a certificate from the Borrower's insurance agent(s) setting forth the nature and extent of the insurance maintained pursuant to this Section 6.6 and providing that such agent will provide fifteen (15) days' advance written notice to the Collateral Agent prior to cancellation of any such insurance. In addition, upon the request of the Collateral Agent, the Borrower will deliver to the Collateral Agent copies of the underlying policies (as they are available), and evidence that the premiums have been paid before termination of any insurance policies representing such insurance. If such insurance is not maintained in full force and effect, the Collateral Agent at its option may procure such insurance at the Borrower's and its Subsidiaries' expense. All policies representing property insurance shall name the Collateral Agent as loss payee in a form reasonably satisfactory to the Collateral. All policies representing liability insurance shall name the Collateral Agent, for the benefit of itself, the Agent, the Lenders and the Noteholders, as an additional named insured party in a form reasonably satisfactory to the Collateral Agent.
Policies and certificates. All policies required under this Lease shall be effected under valid and enforceable policies, issued by responsible insurers licensed to do business in the District of Columbia of recognized responsibility which hold a Best’s rating of A-X or greater. Tenant shall from time to time deliver to Landlord and to any other named insured hereunder who so requests copies of policies or certificates of insurance showing that such policies are in effect. All policies providing for self-insurance or “deductibles” may permit one or more of the named insureds to assume the right to defend or adjust claims which reasonably appear to be susceptible of settlement or final resolution within the limits of the self-insurance. The coverage provided by such policies shall not be limited, reduced or diminished by virtue of the waivers contained in Article 14 and Section 13.5. Should Tenant fail to acquire, maintain or renew any insurance required to be maintained by it under this Article 13, or to pay the premium therefor, then Landlord, at its option, but without obligation so to do, may procure such insurance, and any sums expended by it to procure any such insurance shall be forthwith repaid upon demand with interest at the Default Rate. Tenant shall obtain written agreements from each insurer under policies required to be maintained by them, to notify all additional insureds named thereunder at least ten (10) days prior to cancellation or reduction in coverage under any such policy to a level less than that required to be maintained under this Lease.
Policies and certificates. Debtor shall, at its own expense, maintain, or cause to be maintained, insurance with respect to the Inventory and Equipment of such Debtor in such amounts, against such risks, in such form, and with such insurers, as the Note Purchase Agreement requires. In addition, upon request by the Secured Party, such Debtor shall deliver certificates evidencing renewal of such insurance and evidence that the premiums have been paid before termination of any insurance policies representing such insurance. Upon request, Debtor shall deliver certificates evidencing such insurance and copies of the underlying policies as they are available. If such insurance is not maintained in full force and effect, the Secured Party at its option may procure such insurance at such Debtor's expense. All policies representing property insurance shall name the Secured Party as an additional loss payee in a form satisfactory to the Secured Party. All policies representing liability insurance shall name the Secured Party and the other Noteholders, as additional named insured parties in a form satisfactory to the Secured Party.
