REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES. (a) During the term of this Mortgage, Borrower at its sole cost and expense must provide insurance policies and certificates of insurance satisfactory to Lender as to amounts, types of coverage and the companies underwriting these coverages. In no event shall such policies be terminated or otherwise allowed to lapse. Borrower shall be responsible for its own deductibles. Borrower shall also pay for any insurance, or any increase of policy limits, not described in this Mortgage which Borrower requires for its own protection or for compliance with government statutes. Borrower’s insurance shall be primary and without contribution from any insurance procured by Lender. Insurance coverage may be provided pursuant to a blanket policy or policies maintained by Florida East Coast Industries, Inc. (“FECI”), covering FECI and all of its subsidiaries, including Flagler Development Company, as Borrower. Policies of insurance shall be delivered to Lender in accordance with the following requirements unless otherwise Approved in writing by the Lender:
REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES. (a) During the term of this Deed of Trust, Grantor at its sole cost and expense must provide insurance policies and certificates of insurance satisfactory to Beneficiary as to amounts, types of coverage and the companies underwriting these coverages. In no event shall such policies be terminated or otherwise allowed to lapse. Grantor shall be responsible for its own deductibles. Grantor shall also pay for any insurance, or any increase of policy limits, not described in this Deed of Trust which Grantor requires for its own protection or for compliance with government statutes. Grantor’s insurance shall be primary and without contribution from any insurance procured by Beneficiary. Policies of insurance shall be delivered to Beneficiary in accordance with the following requirements:
REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES. (a) During the term of this Mortgage, Borrower at its sole cost and expense must provide insurance policies and certificates of insurance satisfactory to Lender as to amounts, types of coverage and the companies underwriting these coverages. In no event shall such policies be terminated or otherwise allowed to lapse. Borrower shall be responsible for its own deductibles. Borrower shall also pay for any insurance, or any increase of policy limits, not described in this Mortgage which Borrower requires for its own protection or for compliance with government statutes. Borrower's insurance shall be primary and without contribution from any insurance procured by Lender. Insurance coverage may be provided pursuant to a blanket policy or policies maintained by Florida East Coast Industries, Inc. ("FECI"), covering FECI and all of its subsidiaries, including Flagler Development Company, as Borrower.
REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES. (a) During the term of this Deed of Trust, Trustor and Operating Lessee at its sole cost and expense shall provide or shall cause the Manager under the Management Agreement to provide insurance policies and certificates of insurance satisfactory to Beneficiary and in such amounts, and with the types of coverage, exclusions and the companies underwriting these coverages as hereinafter described. In no event shall such policies be terminated or otherwise allowed to lapse unless replaced with a policy complying with the requirements set forth in this Article III. Trustor shall be responsible for its own deductibles. Trustor shall also pay for any insurance, or any increase of policy limits, not described in this Deed of Trust which Trustor requires for its own protection or for compliance with government statutes Trustor’s insurance shall be primary and without contribution from any insurance procured by Beneficiary. Policies of insurance shall comply with the following requirements:
REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES. (a) During the term of this Mortgage, Mortgagor at its sole cost and expense must provide insurance policies and certificates of insurance for types of insurance described below all of which must be satisfactory to Administrative Agent as to form of policy, amounts, deductibles, sublimits, types of coverage, exclusions and the companies underwriting these coverages. In no event shall such policies be terminated or otherwise allowed to lapse. Mortgagor shall be responsible for its own deductibles. Mortgagor shall also pay for any insurance, or any increase of policy limits, not described in this Mortgage which Mortgagor requires for its own protection or for compliance with government statutes. Mortgagor shall strictly comply with the insurance requirements set forth in the Credit Agreement.
REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES. (a) Mortgagor shall obtain and maintain, or cause to be maintained, insurance for Mortgagor and the Property providing at least the following coverages:
REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES. Throughout the Lease Term, Tenant, at its sole cost and expense, must provide insurance policies and certificates of insurance reasonably satisfactory to Landlord as to amounts, types of coverage and the companies underwriting these coverages. In no event will such policies be terminated or otherwise allowed to lapse. Tenant shall be responsible for its own deductibles. Tenant shall also pay for any insurance, or any increase of policy limits, not described in this Lease which Tenant requires for its own protection or for compliance with government statutes. Tenant's insurance shall be primary and without contribution from any insurance Landlord may, at Landlord's option, procure. Landlord's interest must be clearly stated by endorsement in the insurance policies described in this Article X, as follows:
REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES. (a) During the term of this Security Instrument, Borrower at its sole cost and expense must provide insurance policies, subject to the terms of Section 3.01(a)(xiv) below, and certificates of insurance for types of insurance described below all of which must be satisfactory to Lender as to form of policy, amounts, deductibles, sublimits, types of coverage, exclusions and the companies underwriting these coverages. In no event shall such policies be terminated or otherwise allowed to lapse. Borrower shall be responsible for its own deductibles. Borrower shall also pay for any insurance, or any increase of policy limits, not described in this Security Instrument which Borrower requires for its own protection or for compliance with government statutes. Borrower’s insurance shall be primary and without contribution from any insurance procured by Lender, including, without limitation, any insurance obtained by Lender pursuant to Section 3.01(d)(v) hereof. Evidence of insurance shall be delivered to Lender in accordance with the following requirements:
REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES. (a) During the term of this Mortgage, Affiliated Guarantor and Operating Lessee at its sole cost and expense shall provide or shall cause the Manager under the Management Agreement to provide insurance policies and certificates of insurance satisfactory to Lender and in such amounts, and with the types of coverage, exclusions and the companies underwriting these coverages as hereinafter described. In no event shall such policies be terminated or otherwise allowed to lapse unless replaced with a policy complying with the requirements set forth in this Article III. Affiliated Guarantor shall be responsible for its own deductibles. Affiliated Guarantor shall also pay for any insurance, or any increase of policy limits, not described in this Mortgage which Affiliated Guarantor requires for its own protection or for compliance with government statutes. Affiliated Guarantor’s insurance shall be primary and without contribution from any insurance procured by Lender. Policies of insurance shall comply with the following requirements:
REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES. (a) During the term of this Deed To Secure Debt, Grantor at its sole cost and expense must provide the below referenced insurance policies and certificates of insurance satisfactory to Grantee as to amounts, types of coverage and the companies underwriting these coverages. In no event shall such policies be terminated or otherwise allowed to lapse unless replaced by the same or better coverage. Grantor shall be responsible for its own deductibles. Grantor shall also pay for any insurance, or any increase of policy limits, not described in this Deed To Secure Debt which Grantor requires for its own protection or for compliance with government statutes. Grantor's insurance shall be primary and without contribution from any insurance procured by Grantee. Policies of insurance shall be delivered to Grantee in accordance with the following requirements:
