Common use of Acceptable Blanket Policy Clause in Contracts

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.1.

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1.

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to all of the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.1.

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to any of the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As Lender acknowledges that, as of the date hereofClosing Date, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1.

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As Borrower acknowledges and agrees that, as of the date hereof, there is not an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1.

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to all of the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1 that are not maintained by the Condo Association in accordance with Section 5.1 hereof.

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required under for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1.

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to any of the Policies required pursuant to Section 5.1.15.1 and no Event of Default exists, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, Lender acknowledges and agrees that an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.15.1.

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies in Section 5.1.1(a)(ii), (v), (vii) and (viii) required as of the Closing Date pursuant to Section 5.1.1Date.

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.1.

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.1.. 98 BUSINESS.30586915.9

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.1, in the event that an Acceptable Blanket Policy is in effect with respect to the Policies required pursuant to Section 5.1.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.1.. 120

Acceptable Blanket Policy. Notwithstanding anything to the contrary contained in Section 6.3.16.4.1, in the event that an Acceptable Blanket Policy is in effect with respect to all of the Policies required pursuant to Section 5.1.15.1, deposits into the Insurance Account required for Insurance Premiums pursuant to Section 6.3.1 6.4.1 above shall be suspended to the extent that Insurance Premiums relate to such Acceptable Blanket Policy. As of the date hereof, an Acceptable Blanket Policy is in effect with respect to the Policies required as of the Closing Date pursuant to Section 5.1.1.5.1 that are not maintained by the Condo Association in accordance with Section 5.1 hereof. Table of Contents