Insurance Duties Sample Clauses

Insurance Duties. (a) If requested by Owner, Property Manager shall obtain and maintain insurance with respect to the Property on behalf of Owner and at Owner’s expense. Property Manager shall assist Owner in obtaining and maintaining all insurance coverages required to be maintained by Owner pursuant to the terms and provisions of any financing documents entered into between one or more lenders (mortgage, mezzanine or otherwise) (collectively “Lenders”) and Owner and/or any affiliate of Owner with respect to or otherwise relating to the Property (individually or along with other properties) (collectively, “Loan Documents”). In furtherance of the foregoing, if and to the extent that the Loan Documents require the Owner to maintain additional insurance coverages, then Property Manager shall assist Owner in obtaining such insurance coverages at Owner’s expense having the limits of liability required by the respective