Common use of Reports; Cooperation Clause in Contracts

Reports; Cooperation. 5.11.1 Deliver to the Lender on each anniversary of the date of this Agreement a certificate from the Borrower's insurers or insurance agents (i) evidencing that the insurance policies in place satisfy the requirements specified in Section 5.10 (including, without limitation, listing all insurance being carried by or on behalf of the Borrower pursuant to the Project Documents and certifying that all insurance required to be maintained by the Borrower pursuant to the Project Documents is in full force and effect and all premiums therefore have been paid in full), and (ii) setting forth a summary of all losses in excess of US$250,000 (or the equivalent thereof) incurred with respect to the Project in the preceding year.