To Insure Clause Samples

To Insure. (a) Mortgagor, at Mortgagor's expense, shall maintain with Insurers: (i) insurance with respect to Mortgagor's insurable properties constituting a part of the Trust Estate against loss or damage by fire, lightning, and other risks from time to time included under "all-risk" policies and against loss or damage by sprinkler leakage, water damage, collapse, malicious mischief and explosion in respect of any steam and pressure boilers and similar apparatus located on such insurable properties, in amounts at all times sufficient to prevent Mortgagor from becoming a coinsurer within the terms of the applicable policies, but in any event such insurance shall be maintained in not less than the greatest of the following (the "Insurance Amount"): (A) 100% of the then Full Insurable Value of such insurable properties, determined from time to time (but not less frequently than once in any 36 calendar months), by an Appraiser or Insurer, (B) the then Outstanding Amount of Mortgage Debt, including the Senior Partnership Note, or (C) the amount required to be maintained pursuant to the Superior Instrument Requirements; (ii) war risk insurance as and when such insurance is obtainable from the United States of America or any agency thereof as promptly as reasonably practicable after the same becomes so obtainable, in an amount not less than the Insurance Amount, or, if such insurance cannot be obtained in an amount not less than the Insurance Amount, in such lesser amount as may then be so obtainable; (iii) comprehensive general liability insurance, including, without limitation, blanket contractual liability coverage, broad form property damage, independent contractor's coverage and personal injury coverage against any and all claims arising out of or connected with the possession, use, leasing, operation or condition of such insurable properties, in an amount not less than $100,000,000 combined single limit coverage for personal injury and property damage with respect to any one occurrence, which may be under an umbrella policy. Anything contained in this clause (iii) to the contrary notwithstanding, the Superior Instrument Requirements with respect to the kinds and amount of insurance described in this clause (iii) shall be satisfied by Mortgagor; (iv) workers' compensation insurance to the extent required by law; (v) business interruption insurance covering not less than 6 months of loss, provided that, at any time that Mortgagor is renewing any policy for such insuran...

To Insure. 1.1 To insure any panelling or partitions which are or shall be at any time during the term affixed into or about the Premises and all additions, alterations and improvements thereto and all trade and Tenant’s fixtures, fittings and stock against loss, or damage by the Insured Perils and to produce the relevant Policy or Policies and latest receipt for premium to the Landlord or its agent if so requested. 1.2 To effect and keep in force Public Liability, Employers Liability and such other Insurances (to the extent that such insurance cover is available) as may be necessary to indemnify the Landlord against all and any expenses, costs, claims, demands, damages and other liabilities as hereinbefore specified and to extend such policies of Insurance so that the Landlord is indemnified by the Insurers in the same manner as the Tenant and whenever acquired to do so by the Landlord to produce to the Landlord the said policy or policies together with satisfactory evidence that the same are valid and subsisting and that all premiums due thereon have been paid. 1.3 To give immediate notification to the Landlord in the event of the Premises or any part thereof being damaged or destroyed by any of the Insured Perils.

To Insure. The Company shall keep the Collateral and the operations of the Company insured in such amounts as the Bank may reasonably require against loss or damage by fire and such other risks as the Bank may from time to time specify, with insurers approved by the Bank. The Company shall whenever from time to time requested by the Bank provide the Bank with satisfactory evidence of such insurance and any renewal thereof which shall at all times be subject to mortgage clauses in a form approved by the Bank, and shall at the request of the Bank forthwith name the Bank as first loass payee and assign, transfer and deliver unto the Bank the policy or policies of such insurance. Evidence satisfactory to the Bank of the renewal of every policy of insurance shall be provided to the Bank at least seven (7) days before the termination thereof.

To Insure. Each KPP Company will, and will cause its Subsidiaries to, (a) keep all of its insurable properties owned by it insured against all risks usually insured against by Persons operating like properties in the localities where the properties are located, all in amounts sufficient to prevent such KPP Company or Subsidiary, as the case may be, from becoming a coinsurer within the terms of the policies in question, but in any event in amounts not less than the amounts set forth on Schedule 13 hereto or if greater, the amounts which would be maintained by a prudent company in the same industry and location; (b) maintain public liability insurance against claims for personal injury, death or property damage suffered by others upon or in or about any premises occupied by it or occurring as a result of its maintenance or operation of any airplanes, automobiles, trucks or other vehicles or other facilities (including any machinery used therein or thereon) or as the result of the use of products sold by it or services rendered by it; (c) maintain such other types of insurance with respect to its business as are usually carried by Persons of comparable size engaged in the same or a similar business and similarly situated, including business interruption insurance; and (d) maintain all such workmen's compensation or similar insurance as may be required under the laws of any State or jurisdiction in which it may be engaged in business. All such insurance shall be maintained in amounts consistent with the practices of prudent Persons of comparable size and established reputation engaged in the same or a similar business and similarly situated and in compliance with any applicable laws; provided, however, such insurance shall at a minimum be in such amounts, against such risks and with such deductible limits as set forth on Schedule 13. All insurance herein provided for shall be effected under a valid and enforceable policy or policies issued by reputable and financially sound insurers. Any insurance policies covering Collateral shall be (i) endorsed to provide for payment of losses to Trustee as its interests may appear, pursuant to a mortgage clause (without contribution) of standard form made part of the applicable policy, (ii) provide that such policies may not be cancelled, reduced or affected in any manner for any reason without fifteen days prior notice to Trustee and (iii) provide for any other matters specified in any applicable Security Document or which Trustee m...

To Insure. The Company will at all times keep all its property of an insurable nature and of the character usually insured by companies operating similar properties, insured in amounts customarily carried, and against loss or damage from such causes as are customarily insured against, by similar companies. All such insurance shall be effected with responsible insurance carriers.

To Insure. The Trust will keep adequately insured, by financially sound and reputable insurers, all properties of a character usually insured by institutions engaged in the same or a similar business against loss or damage of the kinds customarily insured against by such institutions, and carry such other adequate insurance as is usually carried by institutions engaged in the same or a similar business.

To Insure. The Borrowers shall keep the Secured Property insured in such amounts as is carried by prudent corporations carrying on a similar business and owning similar property, and against loss or damage by fire and such other risks as Phoenix, on behalf of the Lenders, may from time to time specify, acting reasonably, with reputable insurers. The Borrowers shall, whenever from time to time requested by Phoenix, on behalf of the Lenders, provide Phoenix, on behalf of the Lenders, satisfactory evidence of such insurance and any renewal thereof which shall at all times be subject to charging clauses in a form approved by Phoenix, on behalf of the Lenders, and shall cause the Lenders to be shown as loss payees under the policy or policies. Evidence satisfactory to Phoenix, on behalf of the Lenders, of the renewal of every policy of insurance shall be left with Phoenix, on behalf of the Lenders, at least seven (7) days before the termination thereof. Each policy of insurance shall be in form and substance acceptable to Phoenix, on behalf of the Lenders, acting reasonably, and shall not be subject to any co-insurance clause.

To Insure. The Company will, and will cause each of its subsidiaries to maintain insurance in such extent and against such hazards and liabilities as is commonly maintained by companies similarly situated.

To Insure. (i) Until the Satisfaction Date to insure and keep insured the Demised Premises in the joint names of the Superior Landlord and the Tenant with the Insurers (who shall first have been approved in writing by the Superior Landlord such approval not to be unreasonably withheld) against loss or damage by the Insured Risks in the Full Cost of Reinstatement thereof except that in respect of risks of Machinery Breakdown insurance shall be for the maximum possible loss in a sum which has first been approved in writing by the Superior Landlord such approval not to be unreasonably withheld or delayed; (ii) To procure that the insurance policy required to be effected by this Clause 3.24 (A) shall contain a loss payable provision in the following form: (a) if a single event of damage or destruction gives rise to or is likely to give rise to a total recovery under the policy of (pound)5,000,000 or more the whole of the recovery shall be paid in full to the Superior Landlord or to its order without any deduction; (b) if a single event of damage or destruction gives rise to a total recovery under the policy of less than (pound)5,000,000 the whole of the recovery shall be paid in full to the Tenant without any deduction the recovery to be applied in the reinstatement of the Demised Premises; and to procure that all recoveries are paid and applied in the manner required by such provision; (i) Until the Satisfaction Date to maintain loss of rent insurance in relation to the rent first reserved in the Headlease in the name of the Superior Landlord with the Insurers (who shall first have been approved in writing by the Superior Landlord such approval not to be unreasonably withheld or delayed) against loss of the rent first reserved in the Headlease arising from loss or damage of any Generating Set at the Demised Premises by the Insured Risks under a policy which has first been approved in writing by the Superior Landlord (such approval not to be unreasonably withheld or delayed); (ii) The loss of rent to be covered by such insurance shall be the aggregate from time to time of the rent first reserved in the Headlease and any Value Added Tax chargeable in respect thereof for a three year period; (C) To notify the Superior Landlord the Landlord and the Insurers immediately on becoming aware of the occurrence before the Satisfaction Date of any loss or damage at the Demised Premises which is likely to result in a loss in excess of (pound)2,000,000 whether or not caused by an Ins...