Common use of Insurance; Condemnation Clause in Contracts

Insurance; Condemnation. (a) The Borrower will, at its expense, procure and maintain for the benefit of the Borrower and the Agent, insurance policies issued by such insurance companies, in such amounts, in such form and substance, and with such coverages, endorsements, deductibles and expiration dates as are acceptable to the Agent, providing the following types of insurance covering each Collateral Pool Property:

Appears in 2 contracts

Samples: Credit Agreement (NNN Apartment REIT, Inc.), Mezzanine Credit Agreement (NNN Apartment REIT, Inc.)

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Insurance; Condemnation. (a) The Borrower will, at its expense, procure and maintain for the benefit of the Borrower and the Agent, insurance policies issued by such insurance companies, in such amounts, in such form and substance, and with such coverages, endorsements, deductibles and expiration dates as are acceptable to the Agent, providing the following types of insurance covering each Collateral Pool the Mortgaged Property:

Appears in 2 contracts

Samples: Credit Agreement (Dupont Fabros Technology, Inc.), Credit Agreement (Dupont Fabros Technology, Inc.)

Insurance; Condemnation. (a) The Borrower Borrowers will, at its their expense, procure and maintain for the benefit of the Borrower Borrowers and the Agent, insurance policies issued by such insurance companies, in such amounts, in such form and substance, and with such coverages, endorsements, deductibles and expiration dates as are reasonably acceptable to the Agent, taking into consideration the property size, use, and location that a commercially prudent lender would require, providing the following types of insurance covering each Collateral Pool Mortgaged Property:

Appears in 2 contracts

Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)

Insurance; Condemnation. (ai) The Borrower will, at its expense, procure and maintain for the benefit of the Borrower and the Administrative Agent, insurance policies issued by such insurance companies, in such amounts, in such form and substance, and with such coverages, endorsements, deductibles and expiration dates as are acceptable to the Administrative Agent, providing the following types of insurance covering each Collateral Pool Borrowing Base Property:

Appears in 1 contract

Samples: Credit Agreement (American Campus Communities Inc)

Insurance; Condemnation. (a) The Borrower Borrowers will, at its their expense, procure and maintain for the benefit of the Borrower Lenders and the Agent, insurance policies issued by such insurance companies, in such amounts, in such form and substance, and with such coverages, endorsements, deductibles and expiration dates as are reasonably acceptable to the Agent, taking into consideration the property size, use, and location that a commercially prudent lender would require, providing the following types of insurance covering each Collateral Pool Property:

Appears in 1 contract

Samples: Credit Agreement (Independence Realty Trust, Inc)

Insurance; Condemnation. (a) The Borrower Borrowers will, at its their expense, procure and maintain for the benefit of the Borrower Borrowers and the Agent, insurance policies issued by such insurance companies, in such amounts, in such form and substance, and with such coverages, endorsements, deductibles and expiration dates as are acceptable to the Agent, providing the following types of insurance covering each Collateral Pool the Mortgaged Property:

Appears in 1 contract

Samples: Loan Agreement (Comstock Homebuilding Companies, Inc.)

Insurance; Condemnation. (a) The Borrower Borrowers will, at its their expense, procure and maintain for the benefit of the Borrower Borrowers and the Agent, insurance policies issued by such insurance companies, in such amounts, in such form and substance, and with such coverages, endorsements, deductibles and expiration dates as are acceptable to the Agent, providing the following types of insurance covering each Collateral Pool Mortgaged Property:

Appears in 1 contract

Samples: Credit Agreement (Dupont Fabros Technology, Inc.)

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Insurance; Condemnation. (a) The Borrower Borrowers will, at its their expense, procure and maintain for the benefit of the Borrower Borrowers and the Agent, insurance policies issued by such insurance companies, in such amounts, in such form and substance, and with such coverages, endorsements, deductibles and expiration dates as are reasonably acceptable to the Agent, providing the following types of insurance covering each Collateral Pool Mortgaged Property:

Appears in 1 contract

Samples: Joinder Agreement (QTS Realty Trust, Inc.)

Insurance; Condemnation. (a) The Borrower Borrowers will, at its their expense, procure and maintain for the benefit of the Borrower Borrowers and the Agent, insurance policies issued by such insurance companies, in such amounts, in such form and substance, and with such coverages, endorsements, deductibles and expiration dates as are reasonably acceptable to the Agent, taking into consideration the property size, use, and location that a commercially prudent lender would require (provided such insurance is generally available in the commercial markets and being required of other similarly situated borrowers), providing the following types of insurance covering each Collateral Pool Property:

Appears in 1 contract

Samples: Credit Agreement (Bluerock Residential Growth REIT, Inc.)

Insurance; Condemnation. (a) The Borrower will, at its expense, procure and maintain for the benefit of the Borrower and the Agent, insurance policies issued by such insurance companies, in such amounts, in such form and substance, and with such coverages, endorsements, deductibles and expiration dates as are acceptable to the Agent, providing the following types of insurance covering each Collateral Pool Mortgaged Property:

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Republic Property Trust)

Insurance; Condemnation. (a) The Borrower will, at its expense, procure and maintain for the benefit of the Borrower and the Agent, insurance policies issued by such insurance companies, in such amounts, in such form and substance, and with such coverages, endorsements, deductibles and expiration dates as are reasonably acceptable to the Agent, providing the following types of insurance covering each Collateral Pool the Mortgaged Property:

Appears in 1 contract

Samples: Credit Agreement (Dupont Fabros Technology, Inc.)

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