INSURANCE SURVEY. Provide to Lender at least annually within ninety (90) days of the end of Borrower's Fiscal Year, a certificate signed by its chief financial officer that attests to and summarizes the property and casualty insurance program carried by Borrower and its Subsidiaries. This summary shall include the insurer's(s') name(s), policy number(s), expiration date(s), amount(s) of coverage, type(s) of coverage, the annual premium(s), Best's policyholder's and financial size ratings of the insurer(s), exclusions, deductibles and self-insured retention and shall describe in detail any retrospective rating plan, fronting arrangement or any other self-insurance or risk assumption agreed to by Borrower or any Subsidiary or imposed upon Borrower or any Subsidiary by any such insurer, as well as any self-insurance program that is in effect. Borrower shall notify Lender in writing (a) at least twenty (20) days prior to any cancellation or material change of any such insurance by Borrower or any Subsidiary and (b) within five (5) business days after receipt of any notice (whether formal or informal) of any cancellation or change in any of its insurance by any of its insurers or any material change in the cost thereof or which reduces the policyholder's or financial size ratings of the insurance carriers of Borrower or any of its Subsidiaries, as established by BEST'S INSURANCE REPORTS. Annually, Lender shall have the right to request Borrower to have a risk management survey completed by a recognized independent risk management consultant acceptable to it and Lender which will identify, quantify and assess any catastrophic uninsured, underinsured or self-insured exposures faced by Borrower and its Subsidiaries. The cost of such survey shall be borne solely by Borrower. A copy of the results of each such a survey shall be promptly delivered by Borrower to Lender.
INSURANCE SURVEY. Borrower SHALL deliver to Agent such title insurance and surveys with respect to each parcel of real estate being acquired in connection with such Acquisition.
INSURANCE SURVEY. Provide to the Lender at least annually within 90 days of the end of the Borrower's fiscal year, a certificate signed by its chief financial officer that attests to and summarizes the property and casualty insurance program carried by the Borrower. This summary shall include the insurer's(s') name, policy number(s), expiration date(s), amount(s) of coverage, type(s) of coverage, the annual premium(s), Best's policyholder's and financial size ratings of the insurers, exclusions, deductibles and self-insured retention and shall describe in detail any retrospective rating plan, fronting arrangement or any other self-insurance or risk assumption agreed to by the Borrower or imposed upon the Borrower by any such insurer, as well as any self-insurance program that is in effect. The Borrower shall (a) notify the Lender in writing at least 30 days prior to any cancellation or material change of any such insurance by the Borrower and (b) within five business days after receipt of any notice (whether formal or informal) thereof, of any cancellation or change in any of its insurance by any of its insurers or any material change in the cost thereof or which reduces the policyholder's or financial size ratings of the insurance carriers of the Borrower, as established by BEST'
INSURANCE SURVEY. Provide to the Lender at least annually within 90 days of the end of the Borrower's fiscal year, a certificate signed by its chief financial officer that attests to and summarizes the property and casualty insurance program carried by the Borrower and the Subsidiaries. This summary shall include the insurer's(s') name, policy number(s), expiration date(s), amount(s) of coverage, type(s) of coverage, the annual
INSURANCE SURVEY. 55 5.8 Repair......................................................55 5.9 Taxes.......................................................55 5.10 Compliance..................................................55 5.11
INSURANCE SURVEY. Provide to Lender at least annually within 90 days of the end of Borrower's Fiscal Year, a certificate signed by its chief financial officer that attests to and summarizes the property and casualty insurance program carried by Borrower and its Subsidiaries. This summary shall include the insurer's(s') name(s), policy number(s), expiration date(s), amount(s) of coverage, type(s) of coverage, the annual premium(s), Best's policyholder's and financial size ratings of the insurer(s), exclusions, deductibles and self-insured retention and shall describe in detail any retrospective rating plan, fronting arrangement or any other self-insurance or risk assumption agreed to by Borrower or any Subsidiary or imposed upon Borrower or any Subsidiary by any such insurer, as well as any self-insurance program that is in effect. Borrower shall notify Lender in writing (1) at least 20 days prior to any cancellation or material change of any such insurance by Borrower or any Subsidiary and (2) within 5 business days after receipt of any notice (whether formal or informal) of any cancellation or change in any of its insurance by any of its insurers or any material change in the cost thereof or which reduces the policyholder's or financial size ratings of the insurance carriers of Borrower or any of its Subsidiaries, as established by Best's Insurance Reports. Annually, Lender shall have the right to request Borrower to have a risk management survey completed by a recognized independent risk management consultant acceptable to it and Lender which will identify, quantify and assess any catastrophic uninsured, underinsured or self-insured exposures faced by Borrower and its Subsidiaries. The cost of such survey shall be borne solely by Borrower. A copy of the results of such survey shall be promptly delivered by Borrower to Lender.
INSURANCE SURVEY. Provide to Lender at least annually within 90 days of the end of each Borrower's Fiscal Year, a certificate signed by its chief financial officer that attests to and summarizes the property and casualty insurance program carried by such Borrower and its Subsidiaries. This summary shall include the insurer's(s') name(s), policy number(s), expiration date(s), amount(s) of coverage, type(s) of coverage, the annual premium(s), Best's policyholder's and financial size ratings of the insurer(s), exclusions, deductibles and self-insured retention and shall describe in detail any retrospective rating plan, fronting arrangement or any other self-insurance or risk assumption agreed to by any Borrower or any Subsidiary or imposed upon any Borrower or any Subsidiary by any such insurer, as well as any self-insurance program that is in effect. Borrower shall notify Lender in writing (1) at least 20 days prior to any cancellation or material change of any such insurance by any Borrower or any Subsidiary and (2) within 5 business days after receipt of any notice (whether formal or informal) of any cancellation or change in any of its insurance by any of its insurers or any material change in the cost thereof or which reduces the policyholder's or financial size ratings of the insurance carriers of any Borrower or any of their Subsidiaries, as established by Best's Insurance Reports. Annually, Lender shall have the right to request any Borrower to have a risk management survey completed by a recognized independent risk management consultant acceptable to it and Lender which will identify, quantify and assess any catastrophic uninsured, underinsured or self-insured exposures faced by such Borrower and its Subsidiaries. The cost of such survey shall be borne solely by Borrower. A copy of the results of such survey shall be promptly delivered by Borrower to Lender.
INSURANCE SURVEY. Borrowers shall deliver to FINOVA (i) such ----------------- title and other insurance with respect to each parcel of real estate being acquired in connection with such Acquisition as is required pursuant to subsection 4.1.14 and (ii) a recent survey of each such parcel in sufficient detail to permit the elimination of survey exceptions to each title policy.
INSURANCE SURVEY. Borrowers shall deliver to Agent (i) such title and other insurance with respect to each parcel of real estate being acquired in connection with such Acquisition as is required pursuant to subsection 4.1.14 with respect to the Real Estate owned by CBC at the time of the Closing and (ii) a recent survey of each such parcel in sufficient detail to permit the elimination of survey exceptions to each title policy.
INSURANCE SURVEY
