Common use of Maintenance of Insurance Policies Clause in Contracts

Maintenance of Insurance Policies. The Company shall obtain and maintain insurance from Sadharon Bima Corporation in accordance with Section 14 of the Power Purchase Agreement. If and to the extent that the GOB can be named as an additional insured on any fire, perils, casualty, and liability insurance policies covering the Facility, the GOB shall be so named by the Company; provided, that the GOB shall agree to subordinate its interest in all such policies (except general liability coverage) to the interests of the Lenders therein.

Maintenance of Insurance Policies. The Company shall obtain and maintain insurance from Sadharon Sadharan Bima Corporation Corpotation in accordance with Section 14 of the Power Purchase Agreement. If and to the extent that the GOB can be named as an additional insured on any fire, perils, casualty, and liability insurance policies covering the Facility, the GOB shall be so named by the Company; provided, that the GOB shall agree to subordinate its interest in all such policies (except general liability coverage) to the interests of the Lenders therein.