Naming Lender as “Additional Insured Sample Clauses
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Naming Lender as “Additional Insured. The insurance enumerated in subparagraph 7.10.3 shall name Lender (and its agents, officers, directors and employees) as an additional insured thereunder and shall (i) provide for the issuance to Lender of written notice of any cancellation of or material change in any such insurance coverage which written notice shall be given to Lender not less than ten (10) days in advance of such cancellation of or material change in such insurance coverage and (ii) include customary waiver of subrogation language in form and substance acceptable to Lender.
Naming Lender as “Additional Insured. The insurance enumerated in subsection 7.14.2 shall name Lender (including Lender’s members, agents, officers, directors and employees) as an additional insured thereunder with a maximum deductible of Fifty Thousand Dollars ($50,000) and Lender shall be a first priority beneficiary.