Common use of Insurance to Remain in Force Through Closing Clause in Contracts

Insurance to Remain in Force Through Closing. Sellers shall, or shall cause the applicable Tenant or Manager to, maintain continuously in force through the Closing Date policies of insurance substantially equivalent to those insurance policies required by the applicable Tenant Lease or Management Agreement (except to the extent that, for reasons beyond the reasonable ability of the Sellers to control, particular terms of coverage are no longer available at commercially reasonable rates, in which case Sellers shall notify the Buyer, promptly after becoming aware, of any such terms of coverage that are no longer available at commercially reasonable rates).

Insurance to Remain in Force Through Closing. Sellers shall, or and/or the Operator shall cause the applicable Tenant or Manager to, maintain continuously in force through the Closing Date policies of insurance substantially equivalent to those insurance policies required by in existence as of the applicable Tenant Lease or Management Agreement Effective Date (except to the extent that, for reasons beyond the reasonable ability of the Sellers and the Operator to control, particular terms of coverage are no longer available at commercially reasonable rates, in which case Sellers and the Operator shall notify the Buyer, promptly after becoming awareaware thereof, of any such terms of coverage that are no longer available at commercially reasonable rates).