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

AutoNDA by SimpleDocs

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.)

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. (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)

AutoNDA by SimpleDocs

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 1 contract

Samples: Credit Agreement (Dupont Fabros Technology, 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: Senior Secured Revolving Credit Agreement (Republic Property Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!