Common use of Maintenance of Casualty Insurance Clause in Contracts

Maintenance of Casualty Insurance. Borrower shall procure and maintain all risks insurance, including without limitation fire, theft and liability coverage together with such other insurance as Lender may require with respect to the Collateral, in form, amounts, coverages and basis reasonably acceptable to Lender and issued by a company or companies reasonably acceptable to Lender. Borrower, upon request of lender, will deliver to Lender from time to time the policies or certificates of insurance in form satisfactory to Lender, including stipulations that coverages will not be cancelled or diminished without at least ten (10) days’ prior written notice to Lender and not including any disclaimer of the insurer’s liability for failure to give such a notice. In connection with all policies covering assets in which Lender holds or is offered a security interest, Borrower will provide Lender with such loss payable or other endorsements as Lender may require. If Borrower at any time fails to obtain or maintain any insurance as required under this Agreement, Lender may (but shall not be obligated to) obtain such insurance as Lender deems appropriate, including if it so chooses “single interest insurance,” which will cover only Lender’s interest in the Collateral.

Maintenance of Casualty Insurance. Borrower shall procure and maintain all risks insurance, including without limitation limitation, fire, theft and liability coverage coverage, together with such other insurance as Lender may require with respect to the Collateralinsurance, similar in form, amounts, coverages and basis reasonably acceptable as are currently in effect with respect to Lender and the Collateral, issued by a company or companies reasonably acceptable to Lender. Borrower, upon request of lenderLender, will deliver to Lender from time to time the policies or certificates of insurance in form satisfactory to Lender, including stipulations that coverages will not be cancelled or diminished without at least ten (10) days’ prior written notice to Lender and not including any disclaimer of the insurer’s 's liability for failure to give such a notice. In connection with all policies covering assets in which Lender holds or is offered a security interestCollateral, Borrower will provide Lender with such loss payable or other endorsements as Lender may reasonably require. If Borrower at any time fails to obtain or maintain any insurance as required under this Agreement, Lender may (but shall not be obligated to) obtain such insurance as Lender deems appropriateappropriate in accordance with this Section 4.9, including if it so chooses “"single interest insurance,” " which will cover only Lender’s 's interest in the Collateral.

Maintenance of Casualty Insurance. Borrower Grantor shall procure and maintain all risks insurance, including without limitation fire, theft and liability coverage together with such other insurance as Lender may require with respect to the Collateral, in form, amounts, coverages and basis reasonably acceptable to Lender and issued by a company or companies reasonably acceptable to Lender. BorrowerGrantor, upon request of lenderLender, will deliver to Lender from time to time the policies or certificates of insurance in form satisfactory to Lender, including stipulations that coverages will not be cancelled or diminished without at least ten (10) days’ prior written notice to Lender and not including any disclaimer of the insurer’s liability for failure to give such a notice. In connection with all policies covering assets in which Lender holds or is offered a security interest, Borrower will provide Lender with such loss payable or other endorsements as Lender may require. If Borrower Grantor at any time fails to obtain or maintain any insurance as required under this Agreement, Lender may (but shall not be obligated to) obtain such insurance as Lender deems appropriate, including if it Lender so chooses “single interest insurance,” which will cover only Lender’s interest in the Collateral.

Maintenance of Casualty Insurance. Borrower Grantor shall procure and maintain all risks insurance, including without limitation fire, theft and liability coverage together with such other insurance as Lender may require with respect to the Collateral, in form, amounts, coverages coverage’s and basis reasonably acceptable to Lender and issued by a company or companies reasonably acceptable to Lender. BorrowerGrantor, upon request of lenderLender, will deliver to Lender from time to time the policies or certificates of insurance in form satisfactory to Lender, including stipulations that coverages coverage’s will not be cancelled canceled or diminished without at least ten (10) days’ ' prior written notice to Lender and not including any disclaimer of the insurer’s 's liability for failure to give such a notice. In connection with all policies covering assets in which Lender holds or is offered a security interest, Borrower Grantor will provide Lender with such loss payable or other endorsements as Lender may require. If Borrower Grantor at any time fails to obtain or maintain any insurance as required under this Agreement, Lender may (but shall not be obligated to) obtain such insurance insurance, as Lender deems appropriate, including if it so chooses “"single interest insurance,” " which will cover only Lender’s 's interest in the Collateral.