Coverages Required. Mortgagor shall maintain or cause to be maintained, with financially sound and reputable insurance companies or associations satisfactory to Mortgagee, all insurance required under the terms of the Insurance Agreement, and shall comply with each and every covenant and agreement contained in the Insurance Agreement.
Coverages Required. Mortgagor shall maintain or cause to be maintained, with financially sound and reputable insurance companies or associations satisfactory to Mortgagee, all insurance required under the terms of the Insurance Agreement, and shall comply with each and every covenant and agreement contained in such Insurance Agreement. Mortgagor shall provide Mortgagee with reasonably satisfactory evidence of the payment of the premiums of all such insurance within five (5) business days following the any such payment.
Coverages Required. Borrowers shall maintain or cause to be maintained, with financially sound and reputable insurance companies or associations satisfactory to Lender, all insurance required under the terms of the Insurance Agreement, and shall comply with each and every covenant and agreement contained in such Insurance Agreement pursuant to and in accordance with the terms and provisions of the Insurance Agreement. Borrowers shall provide Lender with reasonably satisfactory evidence of the payment of the premiums of all such insurance within five (5) Business Days following any such payment.
Coverages Required. Contractor shall obtain and maintain throughout the Contract term the insurance coverages listed below:
Coverages Required. Grantor shall maintain or cause to be maintained, with financially sound and reputable insurance companies or associations satisfactory to Grantee, all insurance required under the terms of the Insurance Agreement, and shall comply with each and every covenant and agreement contained in the Insurance Agreement.
Coverages Required. Unless otherwise required by the specifications or the contract, the Contractor/Vendor shall purchase and maintain the insurance coverages listed herein. Insurance Companies must be acceptable to Baltimore County and have an A.M. Best Rating of A-, Class X or better.
Coverages Required. PERFORMING PARTY shall obtain and maintain throughout the Contract term the insurance coverages listed below:
Coverages Required. Tenant hereby agrees to maintain in full force and effect at all times during the term of this Lease, at its own expense, for the protection of Tenant and Landlord, as their interest may appear, policies of insurance issued by a responsible carrier or carriers licensed to do business in the State of Utah and which are rated A and have a financial size category of at least VIII in the most recent Best’s Key Rating Guide, or any successor thereto (or if there is none, an organization having a national reputation), which afford the following coverages:
Coverages Required. Without in any way limiting the generality of the foregoing, Tenant covenants and agrees to maintain insurance coverage on the Premises which shall include (i) physical hazard insurance on an “all risks” basis with a Replacement Cost Endorsement, an Increased Cost of Construction Endorsement and an Agreed Amount Endorsement, covering the perils of fire, flood (if in a flood hazard zone), boiler and machinery (to include major components of HVAC systems if not already included in the above coverage) and such other equipment as Lender and Landlord may require, and extended coverage in an amount not less than the full replacement cost of the improvements on the Premises. “Full replacement cost” shall mean the cost of replacing the improvements without deduction for physical depreciation. If at any time a dispute arises with respect to full replacement cost, Tenant agrees to provide Landlord at Tenant’s expense with an insurance appraisal prepared by an insurance appraiser approved by Lender and Landlord which establishes the full replacement cost in a manner satisfactory to the insurance carrier; (ii) rent loss insurance insuring against loss arising out of the perils insured against in the policy or policies referred to in clause (i) above, in an amount equal to Minimum Rent and additional rent payable by Tenant during the last 12 months of the Term under this Lease, naming Lender and Landlord as their interests appear in a standard mortgagee loss payable clause thereunder; (iii) comprehensive general public liability and property damage insurance with a broad form coverage endorsement for an amount as required from time to time by Lender and Landlord but not less than an aggregate amount of Two Million Dollars ($2,000,000.00) with a single occurrence limit of not less than Two Million Dollars ($2,000,000.00) for claims arising from any one accident or occurrence in or about the Premises, which policy shall name Lender and Landlord as additional insureds thereunder; (iv) flood insurance whenever in the judgment of Lender and Landlord such protection is necessary and is available and in such case in an amount acceptable to Lender and Landlord naming Lender and Landlord as the loss payees thereunder as their interests may appear; (v) insurance covering pressure vessels, pressure piping and machinery, if any, and all major components of any centralized heating or air conditioning systems located on the Premises, in an amount satisfactory to Lender and Landlord,...
Coverages Required. Trustor shall maintain or cause to be maintained, with financially sound and reputable insurance companies or associations satisfactory to Beneficiary, all insurance required under the terms of the Insurance Agreement, and shall comply with each and every covenant and agreement contained in the Insurance Agreement.
