Project Insurance. (a) The Borrower covenants that it will carry and maintain or cause to be carried and maintained, and pay, or cause to be paid, the premiums for at least the following insurance with respect to the Project and such other insurance as the Significant Bondholder and the Financial Monitor may reasonably request covering risks as are customarily insured against in connection with the operation of facilities comparable in size and scope of services to the Project at the time plus law and ordinance insurance in an amount of at least $250,000 (or property insurance covering increased cost due to law and ordinance):
Appears in 14 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
