Common use of During Construction Clause in Contracts

During Construction. An ORIGINAL (or certified copy) Builder’s All-Risk, Completed Value, Non- Reporting Form Policy or ORIGINAL Xxxxx 28 (2003/10) Certificate of Insurance naming the borrowing entity as an insured, reflecting coverage of 100% of the replacement cost, and written by a carrier approved by Lender with a current A.M. Best’s Insurance Guide Rating of at least A- VII (which is authorized to do business in the state in which the property is located) that affirmatively includes the following:

During Construction. An ORIGINAL (or certified copy) Builder’s 's All-Risk, Completed Value, Non- Reporting Form Policy or ORIGINAL Xxxxx 28 (2003/10) Certificate of Insurance naming the borrowing entity as an insured, reflecting coverage of 100% of the replacement cost, and written by a carrier approved by Lender with a current A.M. Best’s 's Insurance Guide Rating of at least A- VII IX (which is authorized to do business in the state in which the property is located) that affirmatively includes the following:

During Construction. An ORIGINAL (or certified copy) Builder’s All-Risk, Completed Value, Non- Reporting Form Policy or ORIGINAL Xxxxx 28 (2003/10) form of Certificate of Insurance naming the borrowing entity as an insured, reflecting coverage of 100% of the replacement cost, and written by a carrier approved by Lender with a current A.M. Best’s Insurance Guide Rating of at least A- VII IX (which is authorized to do business in the state in which the property is located) that affirmatively includes the followingincludes:

During Construction. An ORIGINAL (or certified copy) Builder’s All-Risk, Completed Value, Non- Non-Reporting Form Policy or ORIGINAL Xxxxx 28 (2003/10) Certificate of Insurance naming the borrowing entity as an insured, reflecting coverage of 100% of the replacement cost, and written by a carrier approved by Lender with a current A.M. Best’s Insurance Guide Rating of at least A- VII IX (which is authorized to do business in the state in which the property is located) that affirmatively includes the following:

During Construction. An ORIGINAL (or certified copy) Builder’s All-Risk, Completed Value, Non- Non-Reporting Form Policy or ORIGINAL Xxxxx 28 (2003/10) Certificate Policy Declarations Pages or Binders of Insurance naming the borrowing entity as an insured, reflecting coverage of 100% of the replacement cost, and written by a carrier approved by Lender Administrative Bank with a current A.M. Best’s Insurance Guide Rating of at least A- VII IX (which is authorized to do business in the state in which the property is located) that affirmatively includes the following: