Common use of Insurance and Application of Insurance Proceeds Clause in Contracts

Insurance and Application of Insurance Proceeds. (a) During the term of this Mortgage, Mortgagor, at its sole cost and expense, shall maintain, or cause to be maintained the following policies of insurance, with respect to the Mortgaged Property:

Appears in 11 contracts

Samples: Mortgage (Progress Precision Inc.), Progress Precision Inc., Progress Precision Inc.

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Insurance and Application of Insurance Proceeds. (aA) During the term of this Mortgage, Mortgagor, at its sole cost and expense, shall maintain, maintain or cause to be maintained all insurance on the following policies of insuranceMortgaged Property that is required to be maintained under the Financing Agreement. In addition, with respect Mortgagor, at its sole cost and expense, shall maintain or cause to be maintained such other insurance as may, from time to time, be required by Mortgagee in order to protect its interests in the Mortgaged Property:.

Appears in 1 contract

Samples: Financing Agreement (Lakes Entertainment Inc)

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Insurance and Application of Insurance Proceeds. (a) During the term of this Mortgage, Mortgagor, at its sole cost and expense, shall maintain, or cause to be maintained the following policies of insurance, with respect to the Mortgaged Property:Property in accordance with Section 6.8(a) of the Loan Agreement.

Appears in 1 contract

Samples: Iron Age Corp

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