ADDITIONAL INSURED AND LOSS PAYEE Sample Clauses
ADDITIONAL INSURED AND LOSS PAYEE. Lender, as its interest may appear below.
ADDITIONAL INSURED AND LOSS PAYEE. The intent of the Additional Insured requirement under the CGL, Auto, CPL, Umbrella/Excess, Aircraft and Watercraft policies is to include the Company, their directors, officers and employees, as Additional Insured for liabilities associated with, or arising out of, all operations, work or services to be performed by or on behalf of the TOWN, including ongoing and completed operations, under this Agreement. The following language should be used when referencing the additional insured status: PPL Corporation, its direct and indirect parents, subsidiaries and affiliates shall be named as additional insured. To the extent the TOWN’s insurance coverage does not provide the full Additional insured coverage as required herein, the TOWN agrees to indemnify and hold harmless the Company against any and all liability resulting from any deficiency in the TOWN’s insurance coverage that may be out of compliance with this insurance requirement.
ADDITIONAL INSURED AND LOSS PAYEE. Collateral Agent, as its interests may appear below. Bridge Bank, a division of Western Alliance Bank 5▇ ▇▇▇▇▇▇▇ ▇▇▇▇. ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: Note Department Fax # 4▇▇-▇▇▇-▇▇▇▇ Phone # 4▇▇-▇▇▇-▇▇▇▇ The above coverage is to be provided prior to funding the Agreement. Borrower hereby agrees to pay for the coverage above and by signing below acknowledges its obligation to do so. Title: Date:
ADDITIONAL INSURED AND LOSS PAYEE. Lender, as its interest may appear below. BRIDGE BANK, NATIONAL ASSOCIATION ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇. ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: Note Dept. Fax # ▇▇▇-▇▇▇-▇▇▇▇ Phone # ▇▇▇-▇▇▇-▇▇▇▇ The above coverage is to be provided prior to funding the Agreement. Borrower hereby agrees to pay for the coverage above and by signing below acknowledges its obligation to do so. Signature: Title: Date: August 31, 2011 (Herein called “Bank”) Borrower(s): CAREVIEW COMMUNICATIONS, INC., a Nevada corporation; CAREVIEW COMMUNICATIONS, INC., a Texas corporation; and CAREVIEW OPERATIONS, L.L.C., a Texas limited liability company I understand that the Security Agreement or Deed of Trust which I executed in connection with this transaction requires me to provide a physical damage insurance policy including a Lenders Loss Payable Endorsement in favor of the Bank as shown below, within ten (10) days from the date of this agreement. The following minimum insurance must be provided according to the terms of the security documents. o AUTOMOBILES, TRUCKS, RECREATIONAL VEHICLES PERSONAL PROPERTY x MACHINERY & EQUIPMENT: MISCELLANEOUS Comprehensive & Collision Fire & Extended Coverage Lender's Loss Payable Endorsement Lender's Loss Payable Endorsement o Breach of Warranty Endorsement o BOATS o AIRCRAFT All Risk Hull Insurance All Risk Ground & Flight Insurance Lender's Loss Payable Endorsement Lender's Loss Payable Endorsement o Breach of Warrant Endorsements o Breach of Warranty Endorsement o MOBILE HOMES o REAL PROPERTY Fire, Theft & Combined Additional Coverage Fire & Extended Coverage Lender's Loss Payable Endorsement Lender's Loss Payable Endorsement oEarthquake oAll Risk Coverage oSpecial Form Risk Coverage x INVENTORY o oEarthquake oOther o Other I may obtain the required insurance from any company that is reasonably acceptable to the Bank, and will deliver proof of such coverage with an effective date of August 31, 2011 or earlier. I understand and agree that if I fail to deliver proof of insurance to the Bank at the address below, or upon the lapse or cancellation of such insurance, the Bank may procure Lender's Single Interest Insurance or other similar coverage on the property. If the Bank procures insurance to protect its interest in the property described in the security documents, the cost for the insurance will be added to my indebtedness as provided in the security documents. Lender's Single Interest Insurance shall cover only the Bank's interest as a secured party, and shall become effec...
