ADDITIONAL INSURANCE S Clause Samples

ADDITIONAL INSURANCE S. (a) For Facility Limits granted for the construction, rehabilitationo,ncsolidation or extension of an immovable asset, the Bank is entitled to request the Borrower at any time, and if the Borrower receives such request, it undertakes to conclude and maintain,bearing all related costs,an insurance policy against anllrreiskpseci t of (b) The Borrower undertakes to conclude and maintain an insurance policy over the assets representing the investment financed through the Credit Facility. (c) The provisions of this Clause are in addition to,and without preejudtoic,the provisions of Clause 5.1letter (h) from Chapter 1G( eneral provision)shereof,and any insurance policy conclude under this Clause shall comply accordingly with the terms and conditionsthoef above mentioneCdlause 5.1letter (h). The provisions of this Chapte6r(Special provisions±Credit Facility for VATfinancing related toinvestment)shereof include special rules applicable if the CreFdaitcility Agreement entered into between the Borrower and the Bank makes available aFacility Limit for VAT financing related to investments.