All Risk Insurance. Borrower shall obtain and maintain All Risk insurance coverage, which coverages and risks insured meet the standards established in Part V, Section 106 of the Xxxxxx Xxx D.U.S. Guide, effective November 3, 2003, as amended from time to time, to the extent available at commercially reasonable rates and satisfactory to Grantee, on the Project, and all movable and immovable property securing the Indebtedness.
Appears in 2 contracts
All Risk Insurance. Borrower shall obtain and maintain All Risk insurance coverage, which coverages and risks insured meet the standards established in Part V, Section 106 of the Xxxxxx Xxx D.U.S. Guide, effective November 3, 2003, as amended from time to time, to the extent available at commercially reasonable rates and satisfactory to GranteeLHC, on the Project, and all movable and immovable property securing the Indebtedness.
Appears in 2 contracts
Samples: Performance and Completion Guaranty, Multifamily Restoration Loan Funding Program Loan Agreement
All Risk Insurance. Borrower shall obtain and maintain All Risk insurance coverage, which coverages and risks insured meet the standards established in Part V, Section 106 of the Xxxxxx Xxx D.U.S. Guide, effective November 3, 2003, as amended from time to time, to the extent available at commercially reasonable rates and satisfactory to GranteeOCD, on the Project, and all movable and immovable property securing the Indebtedness.
Appears in 2 contracts
Samples: Gap Financing Loan Agreement, CDBG Piggyback Program Gap Financing Loan Agreement
