Commercial General. Liability Insurance against claims for personal injury, bodily injury, death and property damage occurring on, in or about the Premises or the Improvements in amounts not less than $1,000,000.00 per occurrence and $2,000,000.00 in the aggregate plus umbrella coverage in an amount not less than $25,000,000. Lender hereby retains the right to periodically review the amount of said liability insurance being maintained by Borrower and to require an increase in the amount of said liability insurance should Lender deem an increase to be reasonably prudent under then existing circumstances. The maximum deductible shall be $10,000.00.
Appears in 4 contracts
Samples: Deed of Trust, Security Agreement and Fixture Filing (NNN Apartment REIT, Inc.), Deed to Secure Debt, Security Agreement and Fixture Filing (NNN Healthcare/Office REIT, Inc.), Deed of Trust, Security Agreement and Fixture Filing (NNN Healthcare/Office REIT, Inc.)
Commercial General. Liability Insurance against claims for personal injury, bodily injury, death and property damage occurring on, in or about the Premises or the Improvements in amounts not less than $1,000,000.00 per occurrence and $2,000,000.00 in the aggregate plus umbrella coverage in an amount not less than $25,000,0005,000,000. Lender hereby retains the right to periodically review the amount of said liability insurance being maintained by Borrower and to require an increase in the amount of said liability insurance should Lender deem an increase to be reasonably prudent under then existing circumstances. The maximum deductible shall be $10,000.0025,000.00.
Appears in 1 contract
Samples: Mortgage, Security Agreement and Fixture Filing (Industrial Income Trust Inc.)
Commercial General. Liability Insurance against claims for personal injury, bodily injury, death and property damage occurring on, in or about the Premises or the Improvements in amounts not less than $1,000,000.00 per occurrence and $2,000,000.00 in the aggregate plus umbrella coverage in an amount not less than $25,000,00010,000,000. Lender hereby retains the right to periodically review the amount of said liability insurance being maintained by Borrower and to require an increase in the amount of said liability insurance should Lender deem an increase to be reasonably prudent under then existing circumstances. The maximum deductible shall be $10,000.00.
Appears in 1 contract
Samples: Deed to Secure Debt, Security Agreement and Fixture Filing (Campus Crest Communities, Inc.)
Commercial General. Liability Insurance against claims for personal injury, bodily injury, death and property damage occurring on, in or about the Premises or the Improvements in amounts not less than $1,000,000.00 per occurrence and $2,000,000.00 5,000,000.00 in the aggregate plus umbrella coverage in an amount not less than $25,000,0005,000,000.00. Lender Mortgagee hereby retains the right to periodically review the amount of said liability insurance being maintained by Borrower Mortgagor and to require an increase in the amount of said liability insurance should Lender Mortgagee deem an increase to be reasonably prudent under then existing circumstances. The maximum deductible shall be $10,000.00.
Appears in 1 contract
Samples: Mortgage and Security Agreement (First Union Real Estate Equity & Mortgage Investments)
