Notice of Cancellation, etc. All policies of insurance will provide for at least 30 days prior written cancellation notice to Lender. In the event of failure by Borrower to provide and maintain insurance as herein provided, Lender may, at its option, provide such insurance and charge the amount thereof to Borrower. Borrower will furnish Lender with certificates of insurance and copies policies evidencing compliance with the foregoing insurance provision.
Appears in 4 contracts
Samples: Security Agreement (Advanced BioEnergy, LLC), Security Agreement (Golden Grain Energy), Security Agreement (Great Plains Ethanol LLC)
Notice of Cancellation, etc. All policies of insurance will shall provide for at least 30 days prior written cancellation notice to Lenderthe Bank. In the event of failure by the Borrower to provide and maintain insurance as herein provided, Lender the Bank may, at its optionoption and upon prior written notice to the Borrower, provide such insurance and charge the amount thereof to the Borrower. The Borrower will shall furnish Lender the Bank with certificates of insurance and copies policies evidencing compliance with the foregoing insurance provision.
Appears in 2 contracts
Samples: Security Agreement (XCel Brands, Inc.), Security Agreement (XCel Brands, Inc.)
Notice of Cancellation, etc. All policies of insurance will shall provide for at least 30 days prior written cancellation notice to the Lender. In the event of failure by Borrower the Company to provide and maintain insurance as herein provided, the Lender may, at its option, provide such insurance and charge the amount thereof to Borrowerthe Company. Borrower will The Company shall furnish the Lender with certificates of insurance and copies policies evidencing compliance with the foregoing insurance provision.
Appears in 2 contracts
Samples: Subordinated Loan Agreement (Rurbanc Data Services Inc), Subordinated Loan Agreement (Rurbanc Data Services Inc)
Notice of Cancellation, etc. All policies of insurance will shall provide for at least 30 thirty (30) days prior written cancellation notice to the Lender. In the event of failure by Borrower the Company to provide and maintain insurance as herein provided, the Lender may, at its option, provide such insurance and charge the amount thereof to Borrowerthe Company. Borrower will The Company shall furnish the Lender with certificates of insurance ins xxxx xx and copies policies poli cies evidencing compliance with the foregoing insurance provision.
Appears in 1 contract