Liquor Liability and Dram Shop Insurance. For any Mortgaged Property on which any Loan Party or any of its Subsidiaries operates a liquor business in which liquor is served, liquor liability and dram shop insurance on such basis and in such amounts as shall be reasonably required by Lender in a minimum amount of $1,000,000 per occurrence and $3,000,000 in the aggregate for Mortgaged Properties.
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust), Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust), Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust)
Liquor Liability and Dram Shop Insurance. For any Mortgaged Property on which any Loan Party or any of its Subsidiaries Borrower operates a liquor business in which liquor is served, liquor liability and dram shop insurance on such basis and in such amounts as shall be reasonably required by Lender in a minimum amount of $1,000,000 per occurrence and $3,000,000 in the aggregate for Mortgaged Properties.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Royale Investments Inc)
