Common use of Insurance Premiums; Certificates of Insurance Clause in Contracts

Insurance Premiums; Certificates of Insurance. (i) Borrower shall pay the premiums for such Policies (the “Insurance Premiums” ) as the same become due and payable and shall furnish to Lender the receipts for the payment of the Insurance Premiums or other evidence of such payment reasonably satisfactory to Lender (provided, however, that Borrower is not required to furnish such evidence of payment to Lender if such Insurance Premiums are to be paid by Lender pursuant to the terms of this Agreement). Within thirty (30) days after request by Lender, Borrower shall obtain such increases in the amounts of coverage required hereunder as may be reasonably requested in writing by Lender or as may be requested in writing by the Rating Agencies, (except with respect to the Terrorism Insurance), taking into consideration changes in liability laws, changes in prudent customs and practices, and the like. In the event Borrower satisfy the requirements under this Section 6.1 through the use of a Policy covering properties in addition to the Property (a “Blanket Policy”), then (unless such policy is provided in substantially the same manner as it is as of the date hereof), Borrower shall provide evidence satisfactory to Lender that the Insurance Premiums for the Property is separately allocated under such Policy to the Property and that payment of such allocated amount (A) shall maintain the effectiveness of such Policy as to the Property and (B) shall otherwise provide the same protection as would a separate policy that complies with the terms of this Agreement as to the Property, notwithstanding the failure of payment of any other portion of the insurance premiums. If no such allocation is available, Lender shall have the right to increase the amount required to be deposited into the Insurance Reserve Account in an amount sufficient to purchase a non-blanket Policy covering the Property from insurance companies which qualify under this Agreement.

Insurance Premiums; Certificates of Insurance. (i) Borrower Tenant shall pay the premiums for such Policies (the “"Insurance Premiums” ") as the same become due and payable and shall furnish to Lender Landlord the receipts for the payment of the Insurance Premiums or other evidence of such payment reasonably satisfactory to Lender Landlord (provided, however, that Borrower provided Tenant is not required to furnish such evidence of payment to Lender if such Insurance Premiums are to be paid by Lender pursuant to the terms of this AgreementCash Management Procedures relating to any Landlord's Debt). Within thirty (30) days after request by LenderLandlord, Borrower Tenant shall obtain such increases in the amounts of coverage required hereunder as may be reasonably requested in writing by Lender or as may be requested in writing by the Rating Agencies, (except with respect to the Terrorism Insurance)Landlord, taking into consideration changes in liability laws, changes in prudent customs and practices, and the like. In the event Borrower satisfy Tenant satisfies the requirements under this Section 6.1 10.1 through the use of a Policy covering properties in addition to the Property (a “Blanket Policy”)Leased Property, then (unless such policy is provided in substantially the same manner as it is as of the date hereof)then, Borrower at Landlord's request, Tenant shall provide to Landlord evidence satisfactory to Lender it that the Insurance Premiums for the Leased Property is are separately allocated under such Policy to the Leased Property and that payment of such allocated amount (A) shall maintain the effectiveness of such Policy as to the Leased Property and (B) shall otherwise provide the same protection as would a separate policy that complies with the terms of this Agreement as to the Property, notwithstanding the failure of payment of any other portion of the insurance premiums. If no such allocation is required by the immediately preceding sentence, but such allocation is not available, Lender Landlord shall have the right to increase the amount any tax and insurance escrow account required to be deposited into the Insurance Reserve Account in connection with Landlord's Debt in an amount sufficient to purchase a non-blanket Policy covering the Leased Property covered by such Policy from insurance companies which qualify under this AgreementLease.

Insurance Premiums; Certificates of Insurance. (i) Borrower shall pay the premiums for such Policies (the “Insurance Premiums” ”) as the same become due and payable and shall furnish to Lender the receipts for the payment of the Insurance Premiums or other evidence of such payment reasonably satisfactory to Lender (provided, however, that Borrower is are not required to furnish such evidence of payment to Lender if such Insurance Premiums are to be paid by Lender pursuant to the terms of this Agreement). Within thirty (30) days after request by Lender, Borrower shall obtain such increases in the amounts of coverage required hereunder as may be reasonably requested in writing by Lender or as may be requested in writing by the Rating Agencies, (except with respect to the Terrorism Insurance), taking into consideration changes in liability laws, changes in prudent customs and practices, and the like. In the event Borrower satisfy the requirements under this Section 6.1 through the use of a Policy covering properties in addition to the Property (a “Blanket Policy”), then (unless such policy is provided in substantially the same manner as it is as of the date hereof), Borrower shall provide evidence satisfactory to Lender that the Insurance Premiums for the Property is separately allocated under such Policy to the Property and that payment of such allocated amount (A) shall maintain the effectiveness of such Policy as to the Property and (B) shall otherwise provide the same protection as would a separate policy that complies with the terms of this Agreement as to the Property, notwithstanding the failure of payment of any other portion of the insurance premiums. If no such allocation is available, Lender shall have the right to increase the amount required to be deposited into the Insurance Reserve Account in an amount sufficient to purchase a non-blanket Policy covering the Property from insurance companies which qualify under this Agreement.

Insurance Premiums; Certificates of Insurance. (i) Borrower Tenant shall pay pay, or cause to be paid, the premiums for such Policies (the “Insurance Premiums” ”) as the same become due and payable and shall furnish to Lender Landlord the receipts for the payment of the Insurance Premiums or other evidence of such payment reasonably satisfactory to Lender Landlord (provided, however, that Borrower provided Tenant is not required to furnish such evidence of payment to Lender if such Insurance Premiums are to be paid by Lender pursuant to the terms of this AgreementCash Management Procedures relating to any Landlord’s Debt). Within thirty (30) days after request by LenderLandlord, Borrower Tenant shall obtain such increases in the amounts of coverage required hereunder as may be reasonably requested in writing by Lender or as may be requested in writing Landlord by the Rating Agencies, (except with respect to the Terrorism Insurance), taking into consideration reason of changes in liability laws, changes in prudent customs and practices, laws and the like. In the event Borrower satisfy Tenant satisfies the requirements under this Section 6.1 10.1 through the use of a Policy covering properties in addition to the Property (a “Blanket Policy”)Leased Property, then (unless such policy is provided in substantially the same manner as it is as of the date hereof)then, Borrower at Landlord’s request, Tenant shall provide to Landlord evidence satisfactory to Lender it that the Insurance Premiums for the Leased Property is are separately allocated under such Policy to the Leased Property and that payment of such allocated amount (A) shall maintain the effectiveness of such Policy as to the Leased Property and (B) shall otherwise provide the same protection as would a separate policy that complies with the terms of this Agreement as to the Property, notwithstanding the failure of payment of any other portion of the insurance premiums. If no such allocation is required by the immediately preceding sentence, but such allocation is not available, Lender Landlord shall have the right to increase the amount any tax and insurance reserve account required to be deposited into the Insurance Reserve Account in connection with Landlord’s Debt in an amount sufficient to purchase a non-blanket Policy covering the Leased Property covered by such Policy from insurance companies which qualify under this AgreementLease; provided that Tenant shall have the right to cause any such increased reserve account requirement to be reduced to pre-increase levels (and to have any increased amounts previously paid to be released from such reserve account) upon the effectiveness of a non-blanket policy covering the Leased Property.

Insurance Premiums; Certificates of Insurance. (ia) Borrower shall pay the premiums for such Policies (the “Insurance Premiums” ”) as the same become due and payable and shall furnish to Lender the receipts for the payment of the Insurance Premiums or other evidence of such payment reasonably satisfactory to Lender (provided, however, that Borrower is not required to furnish such evidence of payment to Lender if such Insurance Premiums are to be paid by Lender pursuant to the terms of this Agreement). Within thirty (30) days after request by Lender, Borrower shall obtain such increases in the amounts of coverage required hereunder as may be reasonably requested in writing by Lender or as may be requested in writing by the Rating Agencies, (except with respect to the Terrorism Insurance), taking into consideration changes in liability laws, changes in prudent customs and practices, and the like. In the event Borrower satisfy satisfies the requirements under this Section 6.1 8.1 through the use of a Policy covering properties in addition to the Property (a “Blanket Policy”), then (unless such policy is provided in substantially the same manner as it is as of the date hereof), Borrower shall provide evidence satisfactory to Lender that the Insurance Premiums for the Property is are separately allocated under such Policy to the Property and that payment of such allocated amount (A) shall maintain the effectiveness of such Policy as to the Property and (B) shall otherwise provide the same protection as would a separate policy that complies with the terms of this Agreement as to the Property, notwithstanding the failure of payment of any other portion of the insurance premiums. If no such allocation is available, Lender shall have the right to increase the amount required to be deposited into the Tax and Insurance Reserve Escrow Account in an amount sufficient to purchase a non-blanket nonblanket Policy covering the Property from insurance companies which qualify under this Agreement.

Insurance Premiums; Certificates of Insurance. (ia) Borrower shall pay the premiums for such Policies (the “Insurance Premiums” ”) as the same become due and payable and shall furnish to Lender the receipts for the payment of the Insurance Premiums or other evidence of such payment reasonably satisfactory to Lender (provided, however, that Borrower is not required to furnish such evidence of payment to Lender if such Insurance Premiums are to be paid by Lender pursuant to the terms of this Agreement). Within thirty (30) days after request by Lender, Borrower shall obtain such increases in the amounts of coverage required hereunder as may be reasonably requested in writing by Lender or as may be requested in writing by the Rating Agencies, (except with respect to the Terrorism Insurance), taking into consideration changes in liability laws, changes in prudent customs and practices, and the like. In the event Borrower satisfy satisfies the requirements under this Section 6.1 8.1 through the use of a Policy covering properties in addition to the Property (a “Blanket Policy”), then (unless such policy is provided in substantially the same manner as it is as of the date hereof), Borrower shall provide evidence satisfactory to Lender that the Insurance Premiums for the Property is are separately allocated under such Policy to the Property and that payment of such allocated amount (A) shall maintain the effectiveness of such Policy as to the Property and (B) shall otherwise provide the same protection as would a separate policy that complies with the terms of this Agreement as to the Property, notwithstanding the failure of payment of any other portion of the insurance premiums. If no such allocation is available, Lender shall have the right to increase the amount required to be deposited into the Tax and Insurance Reserve Escrow Account in by an amount sufficient to purchase a non-blanket non Blanket Policy covering the Property from insurance companies which qualify under this Agreement.

Insurance Premiums; Certificates of Insurance. (i) Borrower shall pay the premiums for such Policies (the “Insurance Premiums” "INSURANCE PREMIUMS") as the same become due and payable and shall furnish to Lender the receipts for the payment of the Insurance Premiums or other evidence of such payment reasonably satisfactory to Lender (provided, however, that Borrower is not required to furnish such evidence of payment to Lender if such Insurance Premiums are to be paid by Lender pursuant to the terms of this Agreement). Within thirty (30) days after request by Lender, Borrower shall obtain such increases in the amounts of coverage required hereunder as may be reasonably requested in writing by Lender or as may be requested in writing by the Rating Agencies, (except with respect to the Terrorism Insurance)Lender, taking into consideration changes in liability laws, changes in prudent customs and practices, and the like. In the event Borrower satisfy satisfies the requirements under this Section 6.1 8.1.1 through the use of a Policy covering properties in addition to the Property (a “Blanket Policy”)Mortgaged Properties, then (unless such policy is provided in substantially the same manner as it is as of the date hereof), Borrower shall provide evidence satisfactory to Lender that the Insurance Premiums for the Property is Mortgaged Properties are separately allocated under such Policy to the Property Mortgaged Properties and that payment of such allocated amount (A) shall maintain the effectiveness of such Policy as to the Property and (B) shall otherwise provide the same protection as would a separate policy that complies with the terms of this Agreement as to the Property, Mortgaged Properties notwithstanding the failure of payment of any other portion of the insurance premiums. If no such allocation is available, Lender shall have the right to increase the amount required to be deposited into the Tax, Insurance Reserve Account and Ground Lease Escrow in an amount sufficient to purchase a non-blanket Policy covering the Property Mortgaged Properties covered by such Policy from insurance companies which qualify under this Agreement.

Insurance Premiums; Certificates of Insurance. (i) Borrower Issuers shall pay the premiums for such Policies (the “"Insurance Premiums” " ) as the same become due and payable and shall furnish to Lender Note Trustee the receipts for the payment of the Insurance Premiums or other evidence of such payment reasonably satisfactory to Lender Note Trustee (provided, however, that Borrower is Issuers are not required to furnish such evidence of payment to Lender Note Trustee if such Insurance Premiums are to be paid by Lender Note Trustee pursuant to the terms of this AgreementIndenture). Within thirty (30) days after request by LenderNote Trustee, Borrower Issuers shall obtain such increases in the amounts of coverage required hereunder as may be reasonably requested in writing by Lender Note Trustee or as may be requested in writing by the Rating Agencies, (except with respect to the Terrorism Insurance), taking into consideration changes in liability laws, changes in prudent customs and practices, and the like. In the event Borrower Issuers satisfy the requirements under this Section 6.1 8.1 through the use of a Policy covering properties in addition to the Property Properties (a “"Blanket Policy”"), then (unless such policy is provided in substantially the same manner as it is as of the date hereof), Borrower Issuers shall provide evidence satisfactory to Lender Note Trustee that the Insurance Premiums for the applicable Property is or Properties are separately allocated under such Policy to the applicable Property or Properties and that payment of such allocated amount (A) shall maintain the effectiveness of such Policy as to the such Property or Properties and (B) shall otherwise provide the same protection as would a separate policy that complies with the terms of this Agreement Indenture as to the Propertysuch Property or Properties, notwithstanding the failure of payment of any other portion of the insurance premiums. If no such allocation is available, Lender Note Trustee shall have the right to increase the amount required to be deposited into the Tax and Insurance Reserve Escrow Account in an amount sufficient to purchase a non-blanket Policy covering the applicable Property or Properties from insurance companies which qualify under this AgreementIndenture.

Insurance Premiums; Certificates of Insurance. (i) Borrower shall pay or cause to be paid the premiums for such Policies (the “Insurance Premiums” "INSURANCE PREMIUMS") as the same become due and payable and shall furnish to Lender Agent on behalf of the Lenders upon request the receipts for the payment of the Insurance Premiums or other evidence of such payment reasonably satisfactory to Lender Agent (providedPROVIDED, howeverHOWEVER, that Borrower is not required to furnish such evidence of payment to Lender shall not be required if such Insurance Premiums are to be paid by Lender Agent on behalf of the Lenders pursuant to the terms of this Agreement). Within thirty (30) days after request by LenderAgent, Borrower shall obtain such increases in the amounts of coverage required hereunder as may be reasonably requested in writing by Lender or as may be requested in writing by the Rating Agencies, (except with respect to the Terrorism Insurance)Agent, taking into consideration changes in liability laws, changes in prudent customs and practices, and the like. In the event a Borrower satisfy satisfies the requirements under this Section 6.1 SECTION 8.1.1 through the use of a Policy covering properties in addition to the a Mortgaged Property (a “Blanket Policy”)or Properties, then (unless such policy is provided in substantially the same manner as it is as of the date hereof), Borrower shall provide evidence satisfactory to Lender Agent that the Insurance Premiums for the applicable Mortgaged Property is or Properties are separately allocated under such Policy to the applicable Mortgaged Property or Properties and that payment of such allocated amount (A) shall maintain the effectiveness of such Policy as to the such Mortgaged Property or Properties and (B) shall otherwise provide the same protection as would a separate policy that complies with the terms of this Agreement as to the Propertysuch Mortgaged Property or Properties, notwithstanding the failure of payment of any other portion of the insurance premiums. If no such allocation is available, Lender shall have the right to increase the amount required to be deposited into the Insurance Reserve Account in an amount sufficient to purchase a non-blanket Policy covering the Property from insurance companies which qualify under this Agreement.

Insurance Premiums; Certificates of Insurance. (i) Each Borrower shall pay the premiums for such Policies (the “"Insurance Premiums” " ) as the same become due and payable and shall furnish to Lender the receipts for the payment of the Insurance Premiums or other evidence of such payment reasonably satisfactory to Lender (provided, however, that such Borrower is not required to furnish such evidence of payment to Lender if such Insurance Premiums are to be paid by Lender pursuant to the terms of this Agreement). Within thirty (30) days after request by Lender, such Borrower shall obtain such increases in the amounts of coverage required hereunder as may be reasonably requested in writing by Lender or as may be requested in writing by the Rating Agencies, (except with respect to the Terrorism Insurance), taking into consideration changes in liability laws, changes in prudent customs and practices, and the like. In the event such Borrower satisfy satisfies the requirements under this Section 6.1 8.1.1 through the use of a Policy covering properties in addition to the Property (a “Blanket Policy”)owned by such Borrower, then (unless such policy is provided in substantially the same manner as it is as of the date hereof), Borrower shall provide evidence satisfactory to Lender that the Insurance Premiums for the such Property is are separately allocated under such Policy to the Property and that payment of such allocated amount (A) shall maintain the effectiveness of such Policy as to the Property and (B) shall otherwise provide the same protection as would a separate policy that complies with the terms of this Agreement as to the Property, notwithstanding the failure of payment of any other portion of the insurance premiums. If no such allocation is available, Lender shall have the right to increase the amount required to be deposited into the Tax, Insurance Reserve and Ground Rents Escrow Account in an amount sufficient to purchase a non-blanket Policy covering the such Property from insurance companies which qualify under this Agreement.

Insurance Premiums; Certificates of Insurance. (i) Borrower Borrowers shall pay the premiums for such Policies (the “Insurance Premiums” ) as the same become due and payable and shall furnish to Lender the receipts for the payment of the Insurance Premiums or other evidence of such payment reasonably satisfactory to Lender (provided, however, that Borrower is Borrowers are not required to furnish such evidence of payment to Lender if such Insurance Premiums are to be paid by Lender pursuant to the terms of this Agreement). Within thirty (30) days after request by Lender, Borrower Borrowers shall obtain such increases in the amounts of coverage required hereunder as may be reasonably requested in writing by Lender or as may be requested in writing by the Rating Agencies, (except with respect to the Terrorism Insurance), taking into consideration changes in liability laws, changes in prudent customs and practices, and the like. In the event Borrower Borrowers satisfy the requirements under this Section 6.1 8.1 through the use of a Policy covering properties in addition to the Property Properties (a “Blanket Policy”), then (unless such policy is provided in substantially the same manner as it is as of the date hereof), Borrower Borrowers shall provide evidence satisfactory to Lender that the Insurance Premiums for the applicable Property is or Properties are separately allocated under such Policy to the applicable Property or Properties and that payment of such allocated amount (A) shall maintain the effectiveness of such Policy as to the such Property or Properties and (B) shall otherwise provide the same protection as would a separate policy that complies with the terms of this Agreement as to the Propertysuch Property or Properties, notwithstanding the failure of payment of any other portion of the insurance premiums. If no such allocation is available, Lender shall have the right to increase the amount required to be deposited into the Tax and Insurance Reserve Escrow Account in an amount sufficient to purchase a non-blanket Policy covering the applicable Property or Properties from insurance companies which qualify under this Agreement.

Insurance Premiums; Certificates of Insurance. (i) Borrower shall pay (or cause to be paid) the premiums for such Policies (the “Insurance Premiums” ”) as the same become due and payable and shall furnish to Lender the receipts for the payment of the Insurance Premiums or other evidence of such payment reasonably satisfactory to Lender (provided, however, that Borrower is not required to furnish such evidence of payment to Lender if such Insurance Premiums are to be paid by Lender pursuant to the terms of this Agreement). Within thirty (30) days after request by Lender, but not more frequently than once annually, Borrower shall obtain such increases in the amounts of coverage required hereunder as may be reasonably requested in writing by Lender or as may be requested in writing by the Rating Agencies, (except with respect to the Terrorism Insurance)Lender, taking into consideration changes in liability and/or laws, changes in prudent customs and practices, and the like. In the event Borrower satisfy satisfies the requirements under this Section 6.1 8.1.1 through the use of a Policy covering properties in addition to the Property (a “Blanket Policy”)other properties, then (unless such policy is provided in substantially the same manner as it is as of the date hereof), Borrower shall provide evidence reasonably satisfactory to Lender that the Insurance Premiums for the Property is separately allocated under such Policy to the Property and that payment of such allocated amount (A) shall maintain the effectiveness of such Policy as to the Property and (B) shall otherwise provide the same protection as would a separate policy that complies with the terms of this Agreement as to the Property, notwithstanding the failure of payment of any other portion of the insurance premiums. If no such allocation is available, Lender shall have the right to increase the amount required to be deposited into the Tax and Insurance Reserve Account Escrow in an amount sufficient to purchase a non-blanket Policy covering only the Property from insurance companies which qualify under this Agreement.