Common use of Renewal of Insurance Clause in Contracts

Renewal of Insurance. Borrowers shall cause insurance policies to be maintained in compliance with Exhibit E at all times. Borrowers shall timely pay all premiums on all insurance policies required hereunder, and as and when additional insurance is required by Lender, from time to time, and as and when any policies of insurance may expire, furnish to Lender, premiums prepaid, additional and renewal insurance policies with companies, coverage and in amounts satisfactory to Lender in accordance with Section 8.1(c).

Appears in 3 contracts

Samples: Secured Loan Agreement (CNL Healthcare Trust, Inc.), Secured Loan Agreement (CNL Healthcare Trust, Inc.), Secured Loan Agreement (CNL Healthcare Trust, Inc.)

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Renewal of Insurance. Borrowers shall maintain, or cause the Operators to maintain, insurance policies to be maintained in compliance with Exhibit E at all times. Borrowers shall timely pay pay, or cause the Operators to pay, all premiums on all insurance policies required hereunder, and as and when additional insurance is required by LenderAgent, from time to time, and as and when any policies of insurance may expire, furnish to LenderAgent, premiums prepaid, additional and renewal insurance policies with companies, coverage and in amounts satisfactory to Lender Agent in accordance with Section 8.1(c).

Appears in 2 contracts

Samples: Secured Loan Agreement (Sentio Healthcare Properties Inc), Secured Loan Agreement (Sentio Healthcare Properties Inc)

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Renewal of Insurance. Borrowers shall cause insurance policies to be maintained in compliance with Exhibit E at all times. Borrowers shall timely pay all premiums on all insurance policies required hereunder, and as and when additional insurance is required by Lender, from time to time, and hereunder as and when any policies of insurance may expire, furnish to Lender, premiums prepaid, additional and renewal insurance policies with companies, coverage and in amounts satisfactory to Lender in accordance with Section 8.1(c).

Appears in 1 contract

Samples: Secured Loan Agreement (Adcare Health Systems, Inc)

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