Examples of Independent Insurance Consultant in a sentence
The Borrower shall maintain, or cause to be maintained, adequate insurance with respect to its Facility satisfactory to the Lender in its reasonable judgment, based upon the advice of the Independent Insurance Consultant.
A recent report of the Independent Insurance Consultant for the Project, in form and substance satisfactory to the Administrative Agent.
All required insurance for the Project shall be in full force and effect, as certified by the Independent Insurance Consultant, and certificates of insurance with respect to the insurance policies required by Section 8.05, together with evidence of the payment or non-arrears of all premiums therefor, shall have been delivered.
The Borrower shall, to the extent commercially available at reasonable terms (as confirmed by the Independent Insurance Consultant), maintain or cause to be maintained (for, among others, its benefit and for the benefit of the Collateral Agent on behalf of the Secured Parties) the insurance policies specified on Part B of Schedule 8.05, such insurance policies to be maintained from the date Final Completion is achieved.
The reasonable fees and costs of the Independent Insurance Consultant shall be paid for by the Borrowers.