Evidence of Insurance by Acceptable Insurers. Borrower and Lender acknowledge and agree that, prior to the date of this Agreement, Borrower provided to Lender the following evidences of insurance (the “Closing Insurance Certificates”): (i) an XXXXX 28 (current version) Evidence of Property Insurance provided by an authorized insurance agent or broker confirming coverages are maintained for real and personal property insurance as required to be carried by Borrower under this Agreement; and (ii) an XXXXX 25 Certificate of Liability Insurance, provided by an authorized insurance agent, broker or insurance carrier confirming coverages are maintained for liability insurance as required to be carried by Borrower under this Agreement. From and after the date hereof, through and including the Maturity Date, Borrower shall provide new evidences of insurance to Lender at least ten (10) days prior to the expiration date of each applicable insurance policy, which such evidences of insurance shall be subject to Lender’s approval, which such approval shall not be unreasonably withheld, conditioned or delayed. Without limiting the foregoing sentence, each evidence of insurance and certificate required to be provided during the Loan Term must include a mortgagee clause and a loss payee clause reasonably satisfactory to Lender, and any Certificate of Liability Insurance must name Lender as an Additional Insured for Commercial General Liability with respect to the Premises. Unless consented to by Lender, each insurance company providing coverage must have an A. M. Best rating of A‑X or better.
Evidence of Insurance by Acceptable Insurers. At all times during the term of the Loan, Borrower shall, or shall cause Master Tenant to, provide to Lender the following evidences of insurance for approval by Lender (in its reasonable discretion): (i) an XXXXX 28 (current version) Evidence of Property Insurance provided by an authorized insurance agent, broker or insurance company or, where XXXXX 28 (current version) is not available, other evidence of insurance confirming the same rights as are provided by XXXXX 28 (current version) and all applicable policy endorsements; and (ii) an XXXXX 25 (current version) Certificate of Liability Insurance, provided by an authorized insurance agent, broker or insurance company confirming coverages are maintained for liability insurance as required to be carried by Borrower or Master Tenant. Any XXXXX or equivalent evidencing a Blanket insurance policy shall specifically identify the replacement cost of the improvements and the annual gross rents. The foregoing evidence shall be provided to Lender at least five (5) Business Days prior to the expiration date of each such policy. Each evidence of insurance and certificate must include a mortgagee clause and a loss payee clause satisfactory to Lender, and any Certificate of Liability Insurance must name Lender and, if such insurance policy is maintained by Master Tenant, Borrower, as Additional Insureds for Commercial General Liability with respect to the Premises. Each insurance company providing coverage must have an A. M. Best rating of A-X or better.
Evidence of Insurance by Acceptable Insurers. At all times during the term of the Loan, Borrower shall or shall cause the Condominium Association to provide to Lender the following evidences of insurance to Lender: (i) an AXXXX 28 (current version) Evidence of Property Insurance provided by an authorized insurance agent, broker or insurance company or, where AXXXX 28 (current version) is not available, other evidence of insurance confirming the same rights as are provided by AXXXX 28 (current version) and all applicable policy endorsements; and (ii) an AXXXX 25 (current version) Certificate of Liability Insurance, provided by an authorized insurance agent, broker or insurance company confirming coverages are maintained for liability insurance as required to be carried by Borrower. Any AXXXX or equivalent evidencing a Blanket insurance policy shall specifically identify the replacement cost of the improvements and the annual gross rents. The foregoing evidence shall be provided to Lender at least five (5) Business Days prior to the expiration date of each such policy. Each evidence of insurance and certificate must include a mortgagee clause and a loss payee clause satisfactory to Lender, and any Certificate of Liability Insurance must name Lender as an Additional Insured for Commercial General Liability with respect to the Premises. Each insurance company providing coverage must have an A. M. Best rating of A-X or better.
Evidence of Insurance by Acceptable Insurers. At all times during the term of the Loan, Borrower shall provide to Lender the following evidences of insurance for approval by Lender: (i) an XXXXX 28 (current version) Evidence of Property Insurance provided by an authorized insurance agent, broker or insurance company or, where XXXXX 28 (current version) is not available, other evidence of insurance confirming the same rights as are provided by XXXXX 28 (current version) and all applicable policy endorsements; and (ii) an XXXXX 25 (current version) Certificate of Liability Insurance, provided by an authorized insurance agent, broker or insurance company confirming coverages are maintained for liability insurance as required to be carried by Borrower. Any XXXXX or equivalent evidencing a Blanket insurance policy shall specifically identify the replacement cost of the improvements and the annual gross rents. Within five (5) Business Days prior to the expiration date of each such policy, Borrower shall provide to Lender a signed letter from an authorized insurance agent, broker or insurance company confirming the underwriter's commitment to bind the applicable policy, and within five (5) Business Days after the expiration date of each such policy, Borrower shall provide to Lender the evidence in the foregoing clauses (i) and (ii). Each evidence of insurance and certificate must include a mortgagee clause and a loss payee clause satisfactory to Lender, and any Certificate of Liability Insurance must name Lender as an Additional Insured for Commercial General Liability with respect to the Premises. Each insurance company providing coverage must have an A. M. Best rating of A-: VIII or better. So long as the Borrower named on the Cover Sheet on this Agreement holds title to the Mortgaged Property, Borrower shall not be required to provide copies of Borrower's insurance policies except if there is a claim under any insurance policy, in which case Borrower shall provide a copy of the applicable insurance policy (redacted to withhold any confidential information that does not pertain to the Mortgaged Property) upon request from Lender.
Evidence of Insurance by Acceptable Insurers. At all times during the term of the Loan, Borrower shall or shall cause the Condominium Association to provide to Lender the following evidences of insurance to Lender: (i) an AXXXX 28 (current version) Evidence of Property Insurance provided by an authorized insurance agent, broker or insurance company and all policy endorsements requested by Lender; and (ii) an AXXXX 25 (current version) Certificate of Liability Insurance, provided by an authorized insurance agent, broker or insurance company confirming coverages are maintained for liability insurance as required to be carried by Borrower. The foregoing evidence shall be provided to Lender at least five (5) Business Days prior to the expiration date of each such policy. Each evidence of insurance and certificate must include a mortgagee clause and a loss payee clause satisfactory to Lender, and any Certificate of Liability Insurance must name Lender as an Additional Insured for Commercial General and Excess/Umbrella Liability with respect to the Premises. Each insurance company providing coverage must have an A. M. Best rating of A-X or better.
Evidence of Insurance by Acceptable Insurers. At all times during the term of the Loan, Borrower shall provide to Lender the following evidences of insurance for approval by Lender: (i) an insurance binder (AXXXX 75 or equivalent provided by an insurance agent, broker or insurance carrier) or an AXXXX 28 (2003 version) Evidence of Property Insurance provided by an authorized insurance agent or broker or, where AXXXX 28 is not available, other evidence of insurance confirming the same rights as are provided by AXXXX 28 (2003); and (ii) an AXXXX 25 Certificate of Liability Insurance, provided by an authorized insurance agent, broker or insurance carrier confirming coverages are maintained for liability insurance as required to be carried by Borrower. The foregoing evidence shall be provided to Lender at least ten (10) days prior to the expiration date of each such policy. Each binder, evidence of insurance and certificate, as applicable based on the requirements hereunder, must include a mortgagee clause and a loss payee clause satisfactory to Lender, and any Certificate of Liability Insurance must name Lender as an Additional Insured for Commercial General Liability with respect to the Premises. Each insurance company providing coverage must have an S&P Insurer Financial Strength Rating of A or better or an A. M. Best rating of A-VIII or better. Notwithstanding the foregoing, and only with respect to the catastrophic portion of the Property Insurance, Borrower shall be permitted to obtain up to 10% of the total catastrophic insurance from carriers having an A. M. Best rating of A-VII so long as any such insurers having an A. M. Best rating of A-VII do not provide the primary catastrophic insurance coverage (i.e., the first $25,000,000 of insurance).
Evidence of Insurance by Acceptable Insurers. At all times during the term of the Loan, Borrower shall cause Mortgage Borrower or shall cause Mortgage Borrower to cause the Condominium Association to provide to Administrative Agent the following evidences of insurance: (i) an AXXXX 28 (current version) Evidence of Property Insurance provided by an authorized insurance agent, broker or insurance company and all policy endorsements requested by Mortgage Lender and/or Administrative Agent; and (ii) an AXXXX 25 (current version) Certificate of Liability Insurance, provided by an authorized insurance agent, broker or insurance company confirming coverages are maintained for liability insurance as required to be carried by Mortgage Borrower. The foregoing evidence shall be provided to Administrative Agent at least five (5) Business Days prior to the expiration date of each such policy. Each evidence of insurance and certificate must include a loss payee clause satisfactory to Administrative Agent, and any Certificate of Liability Insurance must name each of Administrative Agent and Lender as an Additional Insured for Commercial General and Excess/Umbrella Liability with respect to the Premises. Each insurance company providing coverage must have an A.M. Best rating of A-X or better.
Evidence of Insurance by Acceptable Insurers. At all times during the term of the Loan, Borrower shall or shall cause the Condominium Association to provide to Lender the following evidences of insurance to Lender: (i) an XXXXX 28 (current version) Evidence of Property Insurance provided by an authorized insurance agent, broker or insurance company and all policy endorsements requested by Xxxxxx; and
