Common use of Requirements of Insurance Clause in Contracts

Requirements of Insurance. All such insurance (other than directors and officers’ insurance) shall (i) provide that no cancellation, material reduction in amount or material change in coverage thereof shall be effective until at least 30 days after receipt by the Collateral Agent of written notice thereof, and (ii) name the Collateral Agent as mortgagee (in the case of property insurance covering any Mortgaged Property) or additional insured on behalf of the Secured Parties (in the case of liability insurance) or loss payee (in the case of property insurance covering any Mortgaged Property), as applicable.

Requirements of Insurance. All such insurance (other than directors directors’ and officers’ insurance) shall (i) provide that no cancellation, material reduction in amount or material change in coverage thereof shall be effective until at least 30 days after receipt by the Collateral Agent of written notice thereof, and (ii) name the Collateral Agent as mortgagee (in the case of property insurance covering any Mortgaged Property) or additional insured on behalf of the Secured Parties (in the case of liability insurance) or lenders’ loss payee payable (in the case of property insurance covering any Mortgaged Propertyinsurance), as applicable.

Requirements of Insurance. All With respect to the Loan Parties, and property constituting Collateral, all such insurance (other than directors and officers’ insurance) shall (i) endeavor to provide that no cancellation, material reduction in amount or material change in coverage thereof shall be effective until at least 30 days after receipt by the Collateral Agent of written notice thereof, thereof and (ii) name the Collateral Agent as mortgagee or lender loss payee, as applicable (in the case of property insurance covering any Mortgaged Propertyinsurance) or additional insured on behalf of the Secured Parties (in the case of liability insurance) or loss payee (in the case of property insurance covering any Mortgaged Property), as applicable.

Requirements of Insurance. All such insurance (other than directors and officers’ insurance) shall (i) provide that no cancellation, material reduction in amount or material change in coverage thereof shall be effective until at least 30 days after receipt by the Collateral Agent Agents of written notice thereof, and (ii) name the applicable Collateral Agent as mortgagee (in the case of property insurance covering any Mortgaged Propertyinsurance) or additional insured on behalf of the applicable Secured Parties (in the case of liability insurance) or loss payee (in the case of property insurance covering any Mortgaged Propertyinsurance), as applicableapplicable and be reasonably satisfactory in all other respects to the Collateral Agents.

Requirements of Insurance. All such insurance (other than directors and officers’ insurance) shall (i) provide that no cancellation, material reduction in amount or material change in coverage thereof shall be effective until at least 30 days after receipt by the Collateral Agent of written notice thereof, and (ii) name the Collateral Agent as mortgagee (in the case of property insurance covering any Mortgaged Propertyinsurance) or additional insured on behalf of the Secured Parties (in the case of liability insurance) or loss payee (in the case of property insurance covering any Mortgaged Propertyinsurance), as applicableapplicable and (iii) be reasonably satisfactory in all other respects to the Collateral Agent.

Requirements of Insurance. All such property and general liability insurance (other than directors and officers’ insurance) shall (i) provide that no cancellation, material reduction in amount or material change in coverage thereof shall be effective until at least 30 days after receipt by the Collateral Agent of written notice thereof, thereof and (ii) name the Collateral Agent as mortgagee loss payee (in the case of property insurance covering any Mortgaged Propertyinsurance) or additional insured on behalf of the Secured Parties (in the case of general liability insurance) or loss payee (in the case of property insurance covering any Mortgaged Propertyinsurance), as applicable.

Requirements of Insurance. All such insurance (other than directors and officers’ insurance) shall shall, as appropriate, (i) provide that no cancellation, material reduction in amount or material change in coverage thereof shall be effective until at least 30 days after receipt by the Collateral Agent of written notice thereof, and (ii) name the Collateral Agent as mortgagee (in the case of property insurance covering any Mortgaged Propertyinsurance) or additional insured on behalf of the Secured Parties (in the case of liability insurance) or loss payee (in the case of property insurance covering any Mortgaged Propertyinsurance), as applicable.