Vandalism and Malicious Mischief Coverage. 9. Flood Insurance if located on a Flood Plain
Vandalism and Malicious Mischief Coverage. 10. Boiler and Machinery Coverage (aka Electrical and Mechanical Breakdown)
Vandalism and Malicious Mischief Coverage. 9. If applicable, Loss of Rents Insurance in an amount of not less than 100% of one year’s Rental Value of the Project. “
Vandalism and Malicious Mischief Coverage. 9. Flood Insurance, if applicable, covering the building(s) and contents owned by the mortgagor
Vandalism and Malicious Mischief Coverage. 9. Flood Insurance will be required for all Properties that Agent determines are, at any time, in a Special Flood Hazard Area.
Vandalism and Malicious Mischief Coverage. 9. Boiler and Machinery Coverage 10. Demolition, Increased Cost of Construction Coverage
Vandalism and Malicious Mischief Coverage. 8. Boiler and Machinery Coverage
Vandalism and Malicious Mischief Coverage. 9. Flood Insurance (with respect to the Initial Properties, initially required only for the KBS One Meadowlands Property; but will be required for all Properties that Agent determines are, at any time, in a Special Flood Hazard Area).
Vandalism and Malicious Mischief Coverage. Loss of Rents Insurance in an amount of not less than 100% of one year's Rental Value of the Project. "Rental Value" shall include: The total projected gross rental income from tenant occupancy of the Project as set forth in the Budget, The amount of all charges which are the legal obligation of tenants and which would otherwise be the obligation of Borrower, and The fair rental value of any portion of the Project which is occupied by Borrower. One year's business interruption insurance in an amount acceptable to Lender. Collapse and Earthquake Coverage. Extra Expense Coverage. Borrower's coverage is primary and non--contributory with any insurance or self--insurance carried by U.S. Bank National Association. Waiver of Subrogation against any party whose interest are covered in the policy.
Vandalism and Malicious Mischief Coverage. Demolition, Increased Cost of Construction Coverage. In-Transit Coverage. Partial Occupancy Permitted. Borrower's coverage is primary and non-contributory with any insurance or self-insurance carried by U.S. Bank National Association. Waiver of Subrogation against any party whose interest are covered in the policy. UPON COMPLETION An ORIGINAL (or certified copy) Causes of Loss-Special Form ("All-Risk") Hazard Insurance Policy or ORIGINAL Xxxxx 27 Certificate of Insurance naming the borrowing entity as an insured, reflecting coverage of 100% of the replacement cost, and written by a carrier approved by Lender with a current A.M. Best's Insurance Guide Rating of at least A- IX (which is authorized to do business in the state in which the property is located) that affirmatively includes the following Mortgagee Clause naming U.S. Bank National Association as Mortgagee with a 30-day notice to Lender in the event of cancellation, non-renewal or material change. Address for U.S. Bank National Association is as follows: U.S. Bank National Association 000 00xx Xxxxxx, Xxxxx Xxxxx Xxxxxx, Xxxxxxxx 00000 Attention: Xxxxxxx Xxxxxxxxxx
