No Separate Insurance. Borrower shall not carry separate insurance, concurrent in kind or form or contributing in the event of loss, with any insurance required under this Agreement unless such insurance complies with the terms and provisions of this §7.7.
Appears in 6 contracts
Samples: Revolving Credit Agreement (Forestar Group Inc.), Term Credit Agreement (CorEnergy Infrastructure Trust, Inc.), Term Credit Agreement (CorEnergy Infrastructure Trust, Inc.)
No Separate Insurance. Borrower shall not carry any separate insurance, insurance on the Mortgaged Property concurrent in kind or form with any insurance required hereunder or contributing in the event of lossloss without Administrative Agent’s prior written consent, and any such policy shall have attached a standard non-contributing mortgagee clause, with any insurance required under this Agreement unless such insurance complies with loss payable to Collateral Agent for the terms benefit of the Secured Parties, and provisions of this §7.7shall otherwise meet all other requirements set forth herein.
Appears in 4 contracts
Samples: Loan and Security Agreement (Varian Medical Systems Inc), Loan and Security Agreement (Varian Medical Systems Inc), Loan and Security Agreement (Varian Medical Systems Inc)
No Separate Insurance. Borrower Borrowers shall not carry separate insurance, concurrent in kind or form or contributing in the event of loss, with any insurance required under this Agreement unless such insurance complies with the terms and provisions of this §7.7.
Appears in 1 contract
Samples: Credit Agreement (Emeritus Corp\wa\)
No Separate Insurance. Borrower shall not carry separate insurance, concurrent in kind or form or contributing in the event of loss, with any insurance required under this Agreement; PROVIDED, HOWEVER, that notwithstanding the foregoing, Borrower may carry insurance not required under this Agreement unless if any such insurance complies with affecting the terms Leased Premises shall be for the mutual benefit of Borrower and provisions Lender, as their respective interests may appear, and shall be subject to all other requirements of this §7.7Agreement.
Appears in 1 contract
No Separate Insurance. Borrower shall not carry separate insurance, or additional insurance concurrent in kind or form or contributing in the event of loss, loss with any insurance that required under herein unless endorsed in favor of Lender as required by this Agreement unless such insurance complies with the terms Section and provisions of this §7.7otherwise approved by Lender in all respects.
Appears in 1 contract
Samples: Construction Loan and Security Agreement (Acreage Holdings, Inc.)
No Separate Insurance. Neither Borrower nor any Restricted Subsidiary shall not carry separate insurance, concurrent in kind or form or contributing in the event of loss, with any insurance required under this Agreement unless such insurance complies with the terms and provisions of this §7.7.
Appears in 1 contract
Samples: Revolving Credit Agreement (CorEnergy Infrastructure Trust, Inc.)
