Common use of Comply with Insurance Requirements Clause in Contracts

Comply with Insurance Requirements. Borrower promptly shall comply with, and shall cause the Property to comply with, all Insurance Requirements and shall not by any action or omission invalidate any insurance policy required to be carried hereunder or materially increase the premiums on any such policy above the normal premium charged by the carrier of such policy.

Appears in 4 contracts

Samples: Wilshire Oil Co of Texas, Wilshire Oil Co of Texas, Wilshire Oil Co of Texas

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Comply with Insurance Requirements. Borrower promptly shall comply with, and shall cause the Property to comply with, all Insurance Requirements and shall not by any action or omission invalidate any insurance policy required to be carried hereunder or take any act or omit to take any act which will materially increase the premiums on any such policy above an amount which would, in and of itself, cause the normal premium charged by the carrier of such policyDebt Service Coverage Ratio to fall below 1.0:1.00.

Appears in 1 contract

Samples: Xm Satellite Radio Holdings Inc

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