Failure of Insurance. Failure of one or more of the insurance policies required hereunder to remain in full force and effect; failure on the part of Borrower to pay or cause to be paid all premiums when due on the insurance policies pursuant to this Agreement; failure on the part of Borrower to take such other action as may be requested by Lender in order to keep said policies of insurance in full force and effect until all Obligations have been indefeasibly paid in full; and failure on the part of Borrower to execute any and all documentation required by the insurance companies issuing said policies to effectuate said assignments.
Failure of Insurance. Failure of one or more of the insurance policies required hereunder to remain in full force and effect; failure on the part of Borrower to pay or cause to be paid all premiums when due on the insurance policies pursuant to this Agreement; failure on the part of Borrower to take such other action as may be requested by Lender in order to keep said policies of insurance in full force and effect until all Obligations have been indefeasibly paid in full; and failure on the part of Borrower to execute any and all documentation required by the insurance companies issuing said policies, in each case, which failure continues for a period of more than ten (10) Business Days.
Failure of Insurance. Failure on the part of Borrower to pay or cause to be paid all premiums when due on the insurance policies pursuant to this Agreement; failure to take such other action as may be requested by Borrower in order to keep said policies of insurance in full force and effect until the entire indebtedness represented by the Loan Documents, and interest thereon, has been paid in full; and failure on the part of Borrower to execute any and all documentation required by the insurance companies issuing said policies to effectuate said assignments.
Failure of Insurance. PERMITTEE agrees to indemnify and hold harmless (including litigation costs and legal fees) Xxxxxx County and HMS Ferries, Inc. of and from any policy deductible or premium obligation allocated to it, from the failure to provide and maintain an insurance as required above, from the failure (for any reason) of any insurance, and/or from any other breach of the insurance requirements in this section. The foregoing shall cover, as well, any breach of warranty or other policy condition.
Failure of Insurance. Failure of one or more of the insurance policies required hereunder to remain in full force and effect; failure on the part of Borrower to pay or cause to be paid all premiums when due on the insurance policies pursuant to this Agreement; failure on the part of Borrower within three Business Days of Lender’s demand to take such other action as may be requested by Lender in order to keep said policies of insurance in full force and effect until all Obligations have been indefeasibly paid in full; and failure on the part of Borrower within three Business Days of Lender’s request to execute any and all documentation required by the insurance companies issuing said policies to effectuate any of the foregoing.
