Evidence of Insurance Renewal. Annually, prior to the expiration of Loan Parties’ then-current liability and casualty property insurance policies as required in accordance with Section 6.5, updated insurance certificates confirming required coverage and endorsements.
Evidence of Insurance Renewal. At least thirty (30) days prior to the expiration of any policy or policies of such insurance, Tenant shall renew such insurance, and deliver to Landlord and any Mortgagee, within the said period of time certificates of insurance evidencing the coverage described in this Article 6 and as promptly as practicable thereafter, the original certificates of insurance, endorsed in accordance with Section 6.2 hereof and to deliver original certificates of insurance thirty (30) days prior to the expiration of any policy of insurance and, upon Landlord’s request, certified true copies of the original policies within sixty (60) days after the expiration of any policy of insurance. All coverage described in this Article 6 shall be endorsed to provide Landlord, and Mortgagee with thirty (30) days’ notice of cancellation or change in terms. If Tenant shall fail to procure the insurance required under this Article 6 in a timely fashion or to deliver such policies or certificates to Landlord, Landlord may, at its option and in addition to Landlord’s other remedies for a Default by Tenant, upon written notice to Tenant, procure the same for the account of Tenant, and the cost thereof shall be immediately paid to Landlord as Supplementary Rent.
Evidence of Insurance Renewal. Simultaneously with the expiration and renewal of Borrowers’ liability and casualty property insurance policies as required in accordance with Section 6.5, updated insurance certificates confirming required coverage and endorsements. Agent may require Borrowers to provide any required reports, notices and certificates through various electronic means, including Agent’s portfolio monitoring online portal.
