Common use of Other Insurance Policies Clause in Contracts

Other Insurance Policies. No action, inaction or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable special hazard insurance policy, PMI Policy or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by any Borrower or by any officer, director, or employee of any Borrower or any designee of any Borrower or any corporation in which any Borrower or any officer, director, or employee had a financial interest at the time of placement of such insurance.

Other Insurance Policies. No action, inaction or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable special hazard insurance policy, PMI Policy or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by any Borrower the Borrowers or by any officerofficers, directordirectors, or employee employees of any Borrower the Borrowers or any designee designees of any Borrower the Borrowers or any corporation corporations in which any Borrower the Borrowers or any officerofficers, directordirectors, or employee employees had a financial interest at the time of placement of such insurance.

Other Insurance Policies. No action, inaction or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable special hazard insurance policy, PMI Policy or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by any the Borrower or its Affiliates or by any officer, director, or employee of any the Borrower or its Affiliates or any designee of any the Borrower or any corporation in which any the Borrower or its Affiliates or any officer, director, or employee had a financial interest at the time of placement of such insurance.

Other Insurance Policies. No action, inaction or event ------------------------ has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable special hazard insurance policy, PMI Policy or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by any the Borrower or by any officer, director, or employee of any the Borrower or any designee of any the Borrower or any corporation in which any the Borrower or any officer, director, or employee had a financial interest at the time of placement of such insurance.

Other Insurance Policies. No action, inaction or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable special hazard blanket or force placed insurance policy, PMI Policy or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by any Borrower Seller or by any officer, director, or employee of any Borrower Seller or any designee of any Borrower seller or any corporation in which any Borrower Seller or any officer, director, or employee had a financial interest at the time of placement of such insurance.

Other Insurance Policies. No action, inaction or event has ------------------------ occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any applicable special hazard insurance policy, PMI Policy or bankruptcy bond, irrespective of the cause of such failure of coverage. In connection with the placement of any such insurance, no commission, fee, or other compensation has been or will be received by any the Borrower or by any officer, director, or employee of any the Borrower or any designee of any the Borrower or any corporation in which any the Borrower or any officer, director, or employee had a financial interest at the time of placement of such insurance.