Insure Collateral. To insure the Collateral as follows:
Insure Collateral. If the Company should fail after reasonable request to deliver evidence of appropriate insurance to the Secured Parties, the Secured Parties may, but shall have no duty to, obtain at the Company’s cost and expense, insurance naming the Secured Parties and/or the Company as a payee, and the cost of such policy shall be secured by this Agreement and repaid by the Company.
Insure Collateral. The Company has adequate insurance insuring the Collateral against risks and liability to the extent customarily maintained by businesses similar to the Company.
Insure Collateral. Maintain insurance against fire, theft, and other casualty on its insurable real and personal property at full replacement cost from companies acceptable to the Bank and maintain insurance against liability on account of damage to persons or property as required under all workers' compensation laws. Also, Borrower shall maintain any other insurance as may from time to time be reasonably requested by the Bank and shall deliver certified copies of all such insurance policies to the Bank. Borrower shall deliver to Bank certificates evidencing all such insurance policies, in form and substance satisfactory to the Bank, naming the Bank as loss payee.
Insure Collateral. The Company will insure the Collateral with the Secured Parties as loss payee in form and amounts, and against risks and liability, satisfactory to the Secured Parties (to the extent customarily maintained by businesses similar to the Company) and hereby assigns such policies to the Secured Parties and authorizes the Secured Parties to make any claim thereunder and to receive payment of and endorse any instrument in payment of any loss or return premium.
