Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.
Environmental Insurance Policy means the environmental insurance policy covering the Property substantially and materially in the form existing as of the date of this Agreement, naming Administrative Agent as an additional insured issued by an insurance company which has an A.M. Best Company financial and performance rating of A-IX or better and is qualified or authorized by the Laws of the State to assume the risks covered by such policy.
Environmental Insurance Policy means any environmental insurance policy maintained by or for the benefit of Borrower with respect to the Property on the date hereof and any environmental insurance policy hereafter obtained and maintained with respect to the Property and acceptable to Lender.
More definitions of Environmental Insurance Policy
Environmental Insurance Policy means the Environmental Site Protection Policy, numbered ESP 2000-253, issued by Quanta Specialty Lines Insurance Company, effective from November 18, 2004 to November 18, 2009 in which the Company or a Subsidiary is the “First Named Insured”.
Environmental Insurance Policy means the Pollution Legal Liability Select Policy issued by Chartis Specialty Insurance Company as of March 1, 2012 with Ferro as the named insured, as modified prior to the Closing (i) to exclude Ferro’s Edison, New Jersey facility from coverage, (ii) to make ASI a named insured, and (iii) to exclude ASI from the prior owner exception from coverage.
Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time
Environmental Insurance Policy means an insurance policy acceptable to Buyer insuring against loss and liability as a consequence of the presence of legionella bacteria in the Property after the Closing Date in such form and from such insurer and with such coverages, deductibles, and exclusions as Buyer shall approve during the Contingency Period and insuring Buyer and such other parties as Buyer shall designate during the Contingency Period as additional insureds.
Environmental Insurance Policy means for each Approved Property one or more insurance policy(ies) (or certificates or other evidences of insurance, issued pursuant to a master policy, with a specific amount of coverage reserved for such Approved Property), to be purchased by Borrower, in substantially the form of Exhibit "E" (or as otherwise approved by Subordinated Lender pursuant to a Loan Application), providing insurance protection against all Latent Environmental Risks of such Property. Any Environmental Insurance Policy shall contain a waiver of any right of subrogation against all DMB Parties and Subordinated Lender. Any Environmental Insurance Policy shall identify Subordinated Lender as an additional insured and shall be issued in favor of Borrower.