Additional Provisions Regarding Insurance. In addition to the above, Manager must ensure that:
Additional Provisions Regarding Insurance. All insurance required to be taken out by Developer pursuant to this Agreement shall be taken out and maintained with generally recognized responsible insurance companies authorized to do business in the state of New Mexico selected by Developer. An original or duplicate copy of the insurance policies providing the coverage required herein shall be deposited with the City. Prior to expiration or exchange of such policy, Developer shall furnish evidence satisfactory to the City that the policy has been renewed or replaced or is no longer required by this Agreement upon demand. All policies required hereunder shall provide that the City shall be given thirty (30) days prior written notice of cancellation, non-renewal or material alteration of coverage. Provisions that the insurance company shall “endeavor to give the City notice” shall not be allowed.
Additional Provisions Regarding Insurance. All insurance required in Section 7.4 hereof shall be taken out and maintained with generally recognized responsible insurance companies selected by Company. All policies evidencing such insurance (other than public liability insurance and workers’ compensation insurance) shall provide for payment of the losses to Issuer, Company, Trustee and Co-Trustee as their respective interests may appear, and the policies required by Sections 7.4(a), (d), and (e) shall bear endorsements requiring that all proceeds of insurance resulting from any claim in excess of $100,000 for loss or damage covered thereby be paid to Trustee; provided, however, that all claims regardless of amount may be adjusted by Company with insurers, subject to approval of Trustee, as to settlement of any claim in excess of $100,000, which approval shall not be unreasonably withheld. All policies, or a certificate or certificates of the insurers that such insurance is in force and effect, shall be deposited with Trustee. Each such policy shall contain a provision that such policy may not be cancelled unless Trustee is notified in writing at least 30 days prior to the cancellation; and, at least 30 days prior to the expiration of any such policy, Company shall furnish Trustee with written evidence satisfactory to Trustee that the policy has been renewed or replaced or is no longer required by this Loan Agreement.
Additional Provisions Regarding Insurance. (1) In the event Tenant fails to cause the insurance policies described in this Section 10 to be written and pay the premiums therefor and deliver such policies and renewal certificates thereof to Landlord (notwithstanding Landlord's right to declare an Event of Default), Landlord shall nevertheless have the right, without being obligated to do so, but only after reasonable prior written notice has been furnished to Tenant of Landlord's intention to do so, to effectuate such insurance and pay the premiums therefor. All such premiums paid by Landlord shall be repaid by Tenant to Landlord on demand as additional rent. (2) Tenant shall promptly comply with and conform to all provisions of each such insurance policy and all requirements of the insurers thereunder, applicable to Tenant or any portion of the demised premises. f.
Additional Provisions Regarding Insurance a. All insurance required by Section 8(a) hereof shall name the Agency as a named insured and all other insurance required by Section 8 shall name the Agency as an additional insured. All insurance shall be procured and maintained in financially sound and generally recognized responsible insurance companies selected by the Company and authorized to write such insurance in the State of New York. Such insurance may be written with deductible amounts comparable to those on similar policies carried by other companies engaged in businesses similar in size, character and other respects to those in which the Company is engaged. All policies evidencing such insurance shall provide for (i) payment of the losses of the Company and the Agency as their respective interests may appear, and (ii) at least thirty (30) days’ prior written notice of the cancellation thereof to the Company and the Agency.
