Common use of Renewal of Insurance Clause in Contracts

Renewal of Insurance. Borrower shall cause insurance policies to be maintained in compliance with Exhibit F at all times. Borrower shall timely pay all premiums on all insurance policies required hereunder, and as and when additional insurance is required, from time to time, during the progress of Construction, and as and when any policies of insurance may expire, furnish to Agent, premiums prepaid, additional and renewal insurance policies with companies, coverage and in amounts satisfactory to Agent in accordance with Section 8.1(g).

Appears in 3 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement (Dupont Fabros Technology, Inc.), Construction Loan Agreement (Republic Property Trust)

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Renewal of Insurance. Borrower shall cause insurance policies to be maintained in compliance with Exhibit F D at all times. Borrower shall timely pay all premiums on all insurance policies required hereunder, and as and when additional insurance is required, from time to time, during the progress of Construction, and as and when any policies of insurance may expire, furnish to AgentLender, premiums prepaid, additional and renewal insurance policies with companies, coverage and in amounts satisfactory to Agent Lender in accordance with Section 8.1(g6.1(d).

Appears in 2 contracts

Samples: Construction Loan Agreement (Wellsford Real Properties Inc), Development Loan Agreement (Wellsford Real Properties Inc)

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Renewal of Insurance. Borrower shall cause insurance policies to be maintained in compliance with Exhibit F at all times, as applicable. Borrower shall timely pay all premiums on all insurance policies required hereunder, and as and when additional insurance is required, from time to time, during the progress of Construction, and as and when any policies of insurance may expire, furnish to AgentLender, premiums prepaid, additional and renewal insurance policies with companies, coverage and in amounts satisfactory to Agent Lender in accordance with Section 8.1(g).

Appears in 1 contract

Samples: Loan Agreement (New England Realty Associates Limited Partnership)

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