Types and Amounts Required. Consultant shall maintain, at minimum, the following insurance coverage for the duration of this Agreement:
11.3.1 Commercial General Liability (CGL). Insurance written on an ISO Occurrence form CG 00 01 07 98 or equivalent providing coverage at least as broad which shall cover liability arising from any and all personal injury or property damage in the amount of
Types and Amounts Required. Flock shall maintain, at minimum, the following insurance coverage for the duration of this Agreement:
Types and Amounts Required. During the continuance of this Mortgage, Mortgagor shall at all times provide, maintain and keep in force, at no expense to Mortgagee, for the benefit of Mortgagor and Mortgagee, as their respective interests may appear, the following policies of insurance:
i) During the course of any construction or repair of Improvements on the Property, (x) builder's completed value risk insurance against "all risks of physical loss" (including fire and extended coverage, and endorsements extending coverage for vandalism and malicious mischief, collapse and property in transit, offsite storage, delay of opening (business interruption), demolition and debris removal, flood, and, if reasonably available, earthquake), in non-reporting form, covering 100% of the anticipated construction cost, including "soft costs," with not more than $100,000 deductible from the loss payable for any casualty and no more than thirty (30) days for delay of opening; said policy to contain a "permission to occupy upon completion of work or occupancy" endorsement and waiver of subrogation endorsement acceptable to Mortgagee, and replacement cost coverage in an agreed amount, and (y) an "owner/contractor protective liability" policy, providing separate liability coverage for Mortgagor and Mortgagee, with a limit of not less than $5,000,000;
ii) Insurance against loss or damage to the Improvements and Personal Property by fire and any of the other risks covered by insurance of the type now known as "all risks of physical loss" (including flood, and, if reasonably available, earthquake coverage (the sublimit for flood and earthquake insurance shall be no less than $10,000,000)) in an amount not less than 100% of the then replacement cost of the Improvements and Personal Property (exclusive of the cost of excavations, pilings, foundations, footings and other underground improvements lying below the lowest basement level) without deduction for physical depreciation; with an Agreed Amount endorsement (waiving co-insurance), a Replacement Cost Valuation endorsement, a waiver of subrogation endorsement, coverage for the cost of removing damaged property, and, if Mortgagee shall so require, coverage for demolition and increased cost of construction occasioned by operation of any law or ordinance regulating the construction, use or repair of the Improvements; and with not more than $350,000 deductible per occurrence and $500,000 for the perils of flood and earthquake, if a sub-deductible applies;
iii) Me...
Types and Amounts Required. 14 (b) Uniform Policy Requirements. . . . . . . . . . . . . . . . 17 (c) Blanket and Umbrella Policies. . . . . . . . . . . . . . . 18 (d) Evidence of Insurance. . . . . . . . . . . . . . . . . . . 18 (e) Procurement by Mortgagee . . . . . . . . . . . . . . . . . 19 (f)
Types and Amounts Required. Mortgagor shall at all times provide, maintain and keep in force, at no expense to Mortgagee, fire and other insurance with respect to the Property as required by the Credit Agreement.
Types and Amounts Required. CONTRACTOR shall maintain, at minimum, the following insurance coverage for the duration of this AGREEMENT:
Types and Amounts Required. During the continuance of this Trust, Trustor shall at all times provide, maintain and keep in force, at no expense to Trustee or Beneficiary, for the benefit of Trustor and Beneficiary, as their respective interests may appear, the following policies of insurance:
(i) Property insurance protecting the property against losses or damages as is customarily covered by so-called “all-risk” policy or a property policy covering “special” causes of loss and losses resulting from earthquakes or floods for a business of similar type and size; provided, however, that such insurance shall provide coverage of not less than the least of (a) 130% of the sum of (x) the outstanding principal amount of the Notes plus accrued and unpaid interest thereon, and (y) the aggregate commitments under the New Credit Facility, (b) 100% of actual replacement value (as determined at each policy renewal based on the F.X. Xxxxx Building Index or some other recognized means) of any improvements customarily insured consistent with industry standards and (c) in the case of earthquake or flood insurance, such coverage as is available on commercially reasonable terms and, in any event, is consistent with coverage obtained by businesses of a similar type and size and, in each case, with a deductible no greater than 3% of the insured value of the Hotel/Casino Property (as defined in the Indenture) or such greater amount as is available on commercially reasonable terms;
(ii) Commercial general liability insurance with minimum limits of $1.0 million per occurrence;
(iii) Workers’ compensation insurance to the extent required to comply with all applicable state, territorial or United States laws and regulations, or the laws and regulations of any other applicable jurisdiction;
(iv) Umbrella or excess liability insurance providing excess liability coverages over and above the foregoing underlying insurance policies up to a minimum limit of $50.0 million; and
(v) Such other insurance and in such amounts, and such additional amounts of the foregoing insurance, as may reasonably be required by Beneficiary, from time to time, due consideration being given to standard practices in the industry and to the risks involved in Trustor’s business, operations or interest. All insurance required by this covenant (except worker’s compensation) shall name the Trustor and the Beneficiary as additional insureds loss payees, as the case may be, with losses in excess of $1.0 million payable jointly to the Trustor an...
Types and Amounts Required. SDHS shall maintain, at minimum, the following insurance coverages for the duration of this Agreement:
