Common use of Insurance Covering Collateral Clause in Contracts

Insurance Covering Collateral. To maintain all risk property damage insurance policies covering the tangible property comprising the collateral. Each insurance policy must be for the full replacement cost of the collateral and include a replacement cost endorsement. The insurance must be issued by an insurance company acceptable to Bank and must include a lender's loss payable endorsement in favor of Bank in a form acceptable to Bank.

Insurance Covering Collateral. To maintain all risk adequate property damage insurance policies covering the tangible property comprising the collateral. Each insurance policy must be for in an amount reasonably acceptable to the full replacement cost of the collateral and include a replacement cost endorsementBank. The insurance must be issued by an insurance company acceptable to the Bank and must include a lender's loss payable endorsement in favor of the Bank in a form acceptable to the Bank. The Bank has reviewed Borrower's current insurance and considers such coverage adequate.

Insurance Covering Collateral. To maintain all risk property damage insurance policies covering the tangible property comprising the collateralcollateral and any insurance usual for Borrower's business. Each insurance policy must be for in an amount reasonably acceptable to the full replacement cost of the collateral and include a replacement cost endorsementBank. The insurance must be issued by an insurance company reasonably acceptable to the Bank and must include a lender's loss payable endorsement in favor of the Bank in a form acceptable to the Bank.

Insurance Covering Collateral. To maintain all risk property damage insurance policies covering the tangible property comprising the collateral. Each insurance policy must be for in an amount acceptable to the full replacement cost of the collateral and include a replacement cost endorsementBank. The insurance must be issued by an insurance company acceptable to tot he Bank and must include a lender's loss payable endorsement in favor of the Bank in a form acceptable to the Bank.

Insurance Covering Collateral. To maintain all risk property damage insurance policies covering the tangible property comprising the collateralcollateral and any insurance usual for Borrower's business. Each insurance policy must be for in an amount reasonably acceptable to the full replacement cost of the collateral and include a replacement cost endorsement. Bank The insurance must be issued by an insurance company reasonably acceptable to the Bank and must include a lender's loss payable endorsement in favor of the Bank in a form acceptable to the Bank.

Insurance Covering Collateral. To maintain all risk property damage insurance policies covering the tangible property comprising the collateralcollateral and any insurance usual for Borrower's business. Each insurance policy must be for in an amount acceptable to the full replacement cost of the collateral and include a replacement cost endorsementBank. The insurance must be issued by an insurance company reasonably acceptable to the Bank and must include a lender's loss payable endorsement in favor of the Bank in a form acceptable to the Bank.

Insurance Covering Collateral. To maintain all risk property damage insurance policies covering the tangible property comprising the collateralcollateral and any insurance usual for Borrower's business. Each insurance policy must be for in an amount reasonably acceptable to the full replacement cost of the collateral and include a replacement cost endorsementBank. The insurance must be issued by an insurance company reasonably acceptable to the Bank and must include a lender's loss payable endorsement in favor of Bank in a form acceptable to Bank.(b)