Common use of Insurance of the Property/Borrowers Clause in Contracts

Insurance of the Property/Borrowers. The Property that is being financed will remain insured for the entire Tenor of the Loan at the Borrower’s expense, and shall be assigned in the favour of the Company, as detailed below:

Appears in 11 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Insurance of the Property/Borrowers. The Property that is being financed will and the Borrower shall remain insured for the entire Tenor of the Loan at the Borrower’s expense, and shall be assigned in the favour of the Companycompany, as detailed below:

Appears in 1 contract

Samples: Loan Agreement

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