Common use of Insurance of Collateral Clause in Contracts

Insurance of Collateral. Borrower agrees to maintain and pay for insurance upon all Collateral wherever located, in storage or in transit in vehicles, including goods evidenced by documents, covering casualty, hazard, public liability and such other risks and in such amounts and with such insurance companies as shall be reasonably satisfactory to Lender to insure Lender's interest in the Collateral. Borrower shall deliver the originals of such policies to Lender with satisfactory lender's loss payable endorsements naming loss payee. Each policy of insurance or endorsements shall contain a clause requiring the insurer to give not less than thirty (30) days' prior written notice to Lender in the event of cancellation of the policy for any reason whatsoever and a clause that the interest of Lender shall not be impaired or invalidated by any act or neglect of Borrower or owner of the Property nor by the occupation of the premises for purposes more hazardous than are permitted by said policy. If Borrower fails to provide and pay for such insurance, Lender may, at Borrower's expense, procure the same, but shall not be required to do so. Borrower agrees to deliver to Lender, promptly as rendered, true copies of all reports made in any reporting forms to insurance companies. Borrower will maintain, with financially sound and reputable insurers, insurance with respect to its Properties and business against such casualties and contingencies of such type (including public liability, larceny, embezzlement, or other criminal misappropriation insurance) and in such amounts as is customary in the business or as otherwise required by Lender.

Insurance of Collateral. Borrower agrees to shall maintain and pay for insurance upon all Collateral wherever located, in storage or in transit in vehicles, including goods evidenced by documentslocated and with respect to Borrower's business, covering casualty, hazard, public liability liability, flood and such other risks and in such amounts and with such insurance companies as shall be are reasonably satisfactory to Lender to insure Lender's interest in the Collateral. Borrower shall deliver the originals or copies of such policies to Lender with satisfactory lender's loss payable endorsements endorsements, in form satisfactory to Lender, naming Lender as sole loss payee, assignee or additional insured, as appropriate. Each policy of insurance or endorsements endorsement shall contain a clause requiring the insurer to give not less than thirty (30) days' days prior written notice to Lender in the event of cancellation of the policy for any reason whatsoever and a clause specifying that the interest of Lender shall not be impaired or invalidated by any act or neglect of Borrower or the owner of the Property nor or by the occupation of the premises for purposes more hazardous than are permitted by said policy. If Borrower fails to provide and pay for such insurance, Lender may, at Borrower's expense, procure the sameits option, but shall not be required to do soto, procure the same and charge the Borrower therefor. Borrower agrees to deliver to Lender, promptly as rendered, true copies of all reports made in any reporting forms to insurance companies. Borrower will maintain, with financially sound and reputable insurers, insurance with respect to its Properties and business against such casualties and contingencies of such type (including public liability, larceny, embezzlement, or other criminal misappropriation insurance) and in such amounts as is customary in the business or as otherwise required by Lender.

Insurance of Collateral. Borrower agrees to shall maintain and pay for insurance upon all Collateral wherever located, in storage or in transit in vehicles, including goods evidenced by documentslocated and with respect to Borrower's business, covering casualty, hazard, public liability and such other risks and in such amounts and with such insurance companies as shall be are reasonably satisfactory to Lender to insure Lender's interest in the Collateral. Borrower shall deliver the originals or certified copies of such policies to Lender with satisfactory lender's loss payable endorsements naming endorsements, which policies shall name Lender as sole loss payee, assignee or additional insured, as appropriate. Each policy of insurance or endorsements endorsement shall contain a clause requiring the insurer to give not less than thirty (30) days' days prior written notice to Lender in the event of cancellation of the policy for any reason whatsoever and a clause specifying that the interest of Lender shall not be impaired or invalidated by any act or neglect of Borrower or the owner of the Property nor or by the occupation of the premises for purposes more hazardous than are permitted by said policy. If Borrower fails to provide and pay for such insurance, Lender may, at Borrower's expense, procure the sameits option, but shall not be required to do soto, procure the same and charge Borrower therefor. Borrower agrees to deliver to Lender, promptly as rendered, true copies of all reports made in any reporting forms to insurance companies. Borrower will maintain, with financially sound and reputable insurers, insurance with respect to its Properties and business against such casualties and contingencies of such type (including public liability, larceny, embezzlement, or other criminal misappropriation insurance) and in such amounts as is customary in the business or as otherwise required by Lender.

Insurance of Collateral. Borrower agrees to Borrowers shall maintain and pay for insurance upon all Collateral wherever located, in storage or in transit in vehicles, including goods evidenced by documentslocated and with respect to Borrower's business, covering casualty, hazard, public liability and such other risks and in such amounts and with such insurance companies as shall be are reasonably satisfactory to Lender to insure Lender's interest in the Collateral. Borrower Borrowers shall deliver the originals of such policies to Lender with satisfactory lender's loss payable endorsements endorsements, naming Lender as loss payee, mortgagee, assignee or additional insured, as axxxxxxiate. Each policy of insurance or endorsements endorsement shall contain a clause requiring the insurer to give not less than thirty (30) days' days prior written notice to Lender in the event of cancellation of the policy for any reason whatsoever and a clause specifying that the interest of Lender shall not be impaired or invalidated by any act or neglect of Borrower Borrowers or the owner of the Property nor or by the occupation of the premises for purposes more hazardous than are permitted by said policy. If Borrower fails Borrowers fail to provide and pay for such insurance, Lender may, at Borrower's expense, procure the sameits option, but shall not be required to do soto, procure the same and charge Borrowers therefor. Borrower agrees Borrowers agree to deliver to Lender, promptly as rendered, true copies of all reports made in any reporting forms to insurance companies. Without limiting the foregoing, Borrower will maintain, with financially sound shall at all times provide and reputable insurers, maintain the following insurance coverages with respect to its Properties and the Real Property, issued by companies qualified to do business against such casualties and contingencies of such type (including public liability, larceny, embezzlement, or other criminal misappropriation insurance) and in such amounts as is customary in the business or as jurisdictions in which the Real Property is located, having a best's Rating of not less than A+ and otherwise required by Lender.acceptable to Lender in its sole discretion:

Insurance of Collateral. Borrower agrees to shall maintain and pay for insurance upon all Collateral wherever located, in storage or in transit in vehicles, including goods evidenced by documentslocated and with respect to Borrower's business, covering casualty, hazard, public liability and such other risks and in such amounts and with such insurance companies as shall be are reasonably satisfactory to Lender to insure Lender's interest in the Collateral. Borrower shall deliver the originals of such policies to Lender with satisfactory lender's loss payable endorsements endorsements, naming Lender as sole loss payee, assignee or additional insured, as appropriate. Each policy of insurance or endorsements endorsement shall contain a clause requiring the insurer to give not less than thirty (30) days' days prior written notice to Lender in the event of cancellation of the policy for any reason whatsoever and a clause specifying that the interest of Lender shall not be impaired or invalidated by any act or neglect of Borrower or the owner of the Property nor or by the occupation of the premises for purposes more hazardous than are permitted by said policy. If Borrower fails to provide and pay for such insurance, Lender may, at Borrower's expense, procure the sameits option, but shall not be required to do soto, procure the same and charge Borrower therefor. Borrower agrees to deliver to Lender, promptly as rendered, true copies of all reports made in any reporting forms to insurance companies. Borrower will maintain, with financially sound and reputable insurers, insurance with respect to its Properties and business against such casualties and contingencies of such type (including public liability, larceny, embezzlement, or other criminal misappropriation insurance) and in such amounts as is customary in the business or as otherwise required by Lender.

Insurance of Collateral. Borrower agrees to shall maintain and pay for insurance upon all Collateral wherever located, in storage or in transit in vehicles, including goods evidenced by documentslocated and with respect to Borrower's business, covering casualty, hazard, public liability and such other risks and in such amounts and with such insurance companies as shall be are reasonably satisfactory to Lender to insure Lender's interest in the Collateral. Borrower shall deliver the originals or certified copies of such policies to Lender with satisfactory lender's loss payable endorsements naming endorsements, which policies shall name Lender as sole loss payee, assignee or additional insured, as appropriate. Each policy of insurance or endorsements endorsement shall contain a clause requiring the insurer to give not less than thirty (30) days' 30 days prior written notice to Lender in the event of cancellation of the policy for any reason whatsoever and a clause specifying that the interest of Lender shall not be impaired or invalidated by any act or neglect of Borrower or the owner of the Property nor or by the occupation of the premises for purposes more hazardous than are permitted by said policy. If Borrower fails to provide and pay for such insurance, Lender may, at Borrower's expense, procure the sameits option, but shall not be required to do soto, procure the same and charge Borrower therefor. Borrower agrees to deliver to Lender, promptly as rendered, true copies of all reports made in any reporting forms to insurance companies. Borrower will maintain, with financially sound and reputable insurers, insurance with respect to its Properties and business against such casualties and contingencies of such type (including public liability, larceny, embezzlement, or other criminal misappropriation insurance) and in such amounts as is customary in the business or as otherwise required by Lender.

Insurance of Collateral. Borrower agrees to shall maintain and pay for insurance upon all Collateral wherever located, in storage or in transit in vehicles, including goods evidenced by documents, covering casualty, hazard, public liability and such other risks and in such amounts and with such insurance companies as shall is to be reasonably satisfactory to Lender to insure Lender's interest in the Collateral. Borrower shall is to deliver the originals of such policies to Lender with satisfactory lender's loss payable endorsements naming Lender loss payee. Each policy of insurance or endorsements endorsement shall contain a clause requiring the insurer to give not less than thirty (30) days' days prior written notice to Lender in the event of cancellation of the policy for any reason whatsoever and a clause that the interest of Lender shall is not to be impaired or invalidated by any act or neglect of Borrower or owner of the Property nor by the occupation of the premises for purposes more hazardous than are permitted by said policy. If Borrower fails to provide and pay for such insurance, Lender may, at Borrower's expense, procure the same, but shall is not to be required to do so. In addition to the insurance required herein with respect to the Collateral, Borrower agrees to deliver to Lender, promptly as rendered, true copies of all reports made in any reporting forms to insurance companies. Borrower will shall maintain, with financially sound and reputable insurers, insurance with respect to its Properties and business against such casualties and contingencies of such type (including public product liability, larceny, embezzlement, or other criminal misappropriation insurance) and in such amounts as is customary in the business or as otherwise shall be reasonably required by Lender.

Insurance of Collateral. Borrower agrees to shall maintain and pay for insurance upon all Collateral wherever located, in storage or in transit in vehicles, including goods evidenced by documentslocated and with respect to Borrower's business, covering casualty, hazard, public liability and such other risks and in such amounts and with such insurance companies as shall be are reasonably satisfactory to Lender to insure Lender's interest in the Collateral. Borrower shall deliver the originals or copies of such policies to Lender with satisfactory lenderLender's loss payable endorsements endorsements, in form satisfactory to Lender, naming Lender as loss payee, assignee or additional insured, as appropriate. Each policy of insurance or endorsements endorsement shall contain a clause requiring the insurer to give not less than thirty (30) days' 30 days prior written notice to Lender in the event of cancellation of the policy for any reason whatsoever and a clause specifying that the interest of Lender shall not be impaired or invalidated by any act or neglect of Borrower or the owner of the Property nor or by the occupation of the premises for purposes more hazardous than are permitted by said policy. If Borrower fails to provide and pay for such insurance, Lender may, at Borrower's expense, procure the sameits option, but shall not be required to do soto, procure the same and charge Borrower therefor. Borrower agrees to deliver to Lender, promptly as rendered, true copies of all reports made in any reporting forms to insurance companies. Borrower will maintain, with financially sound and reputable insurers, insurance with respect to its Properties and business against such casualties and contingencies of such type (including public liability, larceny, embezzlement, or other criminal misappropriation insurance) and in such amounts as is customary in the business or as otherwise required by Lender.