Common use of REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES Clause in Contracts

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:

Appears in 2 contracts

Samples: Defined Terms (Wells Real Estate Investment Trust Inc), Security Agreement (Wells Real Estate Investment Trust Inc)

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REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES. (a) During the term of this Deed of Trust, Grantor Trustor 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 Trustor shall be responsible for its own deductibles. Grantor Trustor shall also pay for any insurance, or any increase of policy limits, not described in this Deed of Trust which Grantor Trustor requires for its own protection or for compliance with government statutes. GrantorTrustor’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:

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (Maguire Properties Inc)

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 will 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 '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:

Appears in 1 contract

Samples: Washington Corp

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 will 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 the Deed of Trust which Grantor requires for its own protection or for compliance with government statutes. Grantor’s 's insurance shall be primary and without contribution from any insurance procured by Beneficiary. Policies and to the extent permitted by Section 3.01(b) or (e) hereof certificates of insurance shall be delivered to Beneficiary in accordance with the following requirements:

Appears in 1 contract

Samples: Security Agreement (Boston Properties Inc)

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REQUIRED INSURANCE AND TERMS OF INSURANCE POLICIES. (a) During the term of this Deed of Trust, Grantor Trustor 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 Trustor shall be responsible for its own deductibles. Grantor Trustor shall also pay for any insurance, or any increase of policy limits, not described in this Deed of Trust which Grantor Trustor requires for its own protection or for compliance with government statutes. Grantor’s Trustor'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:

Appears in 1 contract

Samples: Maguire Properties Inc

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