Common use of All Risk Insurance Clause in 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 LHC, on the Project, and all movable and immovable property securing the Indebtedness.

Appears in 2 contracts

Samples: Performance and Completion Guaranty, Loan Agreement

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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 LHCOCD, on the Project, and all movable and immovable property securing the Indebtedness.

Appears in 2 contracts

Samples: Gap Financing Loan Agreement, Gap Financing Loan Agreement (Pari Passu Financing)

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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 LHCGrantee, on the Project, and all movable and immovable property securing the Indebtedness.

Appears in 2 contracts

Samples: Gap Financing Loan Agreement, Gap Financing Loan Agreement

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