Common use of Liability and Casualty Insurance Clause in Contracts

Liability and Casualty Insurance. The Agent shall have received copies of insurance policies or certificates of insurance on behalf of insurers of the Borrower and all Guarantors, evidencing or describing in reasonable detail the types and amounts of insurance (property and liability) maintained by the Borrower and all Guarantors meeting the requirements set forth herein.

Liability and Casualty Insurance. The Agent shall have received copies of insurance policies or certificates of insurance on behalf of insurers of the Borrower evidencing liability and all Guarantors, evidencing or describing in reasonable detail the types and amounts of casualty insurance (property and liability) maintained by the Borrower and all Guarantors meeting the requirements set forth hereinherein and in the Security Agreement and Real Estate Mortgages.