Common use of To Insure Clause in Contracts

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 may reasonably require. In the event that any KPP Company or any of its Subsidiaries shall fail to maintain all insurance in accordance with this Section 7.4, any Holder and/or the Trustee shall have the right (but shall be under no obligation) to procure such insurance and the KPP Companies agree to reimburse such Holder or the Trustee, as the case may be, for all costs and expenses of procuring such insurance.

To Insure. Each KPP The Company will, and will cause each of its Subsidiaries to,to (in addition to the insurance required to be maintained pursuant to Paragraph 1.05 of the Deed of Trust and Section 2(e) of the Security Agreement): (a) keep all of its their insurable properties owned by it them insured against all risks usually insured against by Persons persons operating like properties in the localities same geographical areas where the properties are located, all in amounts sufficient to prevent such KPP the Company or such 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 100% of 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 locationthen full replacement value thereof; (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 including, but not limited to, 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 is usually carried by Persons 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 worker’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 for which provision has been made in Section 7.5(b) and Section 7.5(c) shall be maintained in at least such amounts consistent with the practices of prudent Persons as such insurance is usually carried by persons of comparable size and established reputation engaged in the same or a similar business and similarly situated 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 all insurance herein provided for shall be effected under a valid and enforceable policy or policies issued by reputable and financially sound insurers. Any insurers of recognized responsibility, except that the Company or such Subsidiary may effect worker’s compensation or other similar insurance policies covering Collateral shall be (i) endorsed to provide for payment in respect 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 operations in any manner for any reason without fifteen days prior notice State or other jurisdiction either through an insurance fund operated by such State or other jurisdiction or by causing to Trustee and (iii) provide for any other matters specified be maintained a system or systems of self-insurance which are in any accord with applicable Security Document or which Trustee may reasonably require. In the event that any KPP Company or any of its Subsidiaries shall fail to maintain all insurance in accordance with this Section 7.4, any Holder and/or the Trustee shall have the right (but shall be under no obligation) to procure such insurance and the KPP Companies agree to reimburse such Holder or the Trustee, as the case may be, for all costs and expenses of procuring such insurancelaws.

To Insure. Each KPP Company will, and will cause its Subsidiaries to,Obligors shall (in addition to the insurance required to be maintained pursuant to the Security Instruments): (a) keep all of its insurable properties owned by it insured against all risks usually insured against by Persons persons operating like properties in the localities same geographical areas where the properties are located, all in amounts sufficient to prevent such KPP Company or Subsidiary, as the case may be, Obligor from becoming a coinsurer within the terms of the policies in question, but in any event as to any improvements located thereon in amounts not less than eighty percent (80%) of 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 locationthen full replacement value thereof; (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 including, but not limited to, 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 is usually carried by Persons 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 worker’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 for which provision has been made in Section 7.5 shall be maintained in at least such amounts consistent with the practices of prudent Persons as such insurance is usually carried by persons of comparable size and established reputation engaged in the same or a similar business and similarly situated 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 all insurance herein provided for shall be effected under a valid and enforceable policy or policies issued by reputable and financially sound insurers. Any insurers of recognized responsibility, except that Obligor may effect worker’s compensation or other similar insurance policies covering Collateral shall be (i) endorsed to provide for payment in respect 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 operations in any manner for any reason without fifteen days prior notice State or other jurisdiction either through an insurance fund operated by such State or other jurisdiction or by causing to Trustee and (iii) provide for any other matters specified be maintained a system or systems of self-insurance which are in any accord with applicable Security Document or which Trustee may reasonably requirelaws. In the event that any KPP Company or any of its Subsidiaries shall fail to maintain all insurance in accordance with this Section 7.4Loan Agreement Gladstone 2020 Facility Loan Nos. 196915, any Holder and/or the Trustee shall have the right (but shall be under no obligation) to procure such insurance and the KPP Companies agree to reimburse such Holder or the Trustee, as the case may be, for all costs and expenses of procuring such insurance.198677 & 200539 105131550 0053564-00437

To Insure. Each KPP The Company will, and will cause each of its Subsidiaries to,to (in addition to the insurance required to be maintained pursuant to Paragraph 1.05 of the Mortgage and Section 2(e) of the Security Agreement): (a) keep all of its insurable properties owned by it insured against all risks usually insured against by Persons persons operating like properties in the localities same geographical areas where the properties are located, all in amounts sufficient to prevent such KPP the Company or such 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 100% of 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 locationthen full replacement value thereof; (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 including, but not limited to, 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 is usually carried by Persons persons of comparable size engaged in the same or a similar business and similarly situated, including business interruption insurance; and (d) maintain all such workmenworker'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 for which provision has been made in Section 7.5(b) and Section 7.5(c) shall be maintained in at least such amounts consistent with the practices of prudent Persons as such insurance is usually carried by persons of comparable size and established reputation engaged in the same or a similar business and similarly situated 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 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 insurers of losses to Trustee as its interests may appearrecognized responsibility, pursuant to a mortgage clause (without contribution) of standard form made part of except that 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 may reasonably require. In the event that any KPP Company or any of its Subsidiaries shall fail to maintain all such Subsidiary may effect worker's compensation or other similar insurance in accordance respect of operations in any State or other jurisdiction either through an insurance fund operated by such State or other jurisdiction or by causing to be maintained a system or systems of self-insurance which are in accord with this Section 7.4, any Holder and/or the Trustee shall have the right (but shall be under no obligation) to procure such insurance and the KPP Companies agree to reimburse such Holder or the Trustee, as the case may be, for all costs and expenses of procuring such insuranceapplicable laws.

To Insure. Each KPP Company will, and will cause its Subsidiaries to,Obligors shall (in addition to the insurance required to be maintained pursuant to the Security Instruments): (a) keep all of its insurable properties owned by it insured against all risks usually insured against by Persons persons operating like properties in the localities same geographical areas where the properties are located, all in amounts sufficient to prevent such KPP Company or Subsidiary, as the case may be, Obligor from becoming a coinsurer within the terms of the policies in question, but in any event as to any improvements located thereon in amounts not less than eighty percent (80%) of 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 locationthen full replacement value thereof; (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 including, but not limited to, 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 is usually carried by Persons 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 worker’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 for which provision has been made in Section 7.5 shall be maintained in at least such amounts consistent with the practices of prudent Persons as such insurance is usually carried by persons of comparable size and established reputation engaged in the same or a similar business and similarly situated 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 all insurance herein provided for shall be effected under a valid and enforceable policy or policies issued by reputable and financially sound insurers. Any insurers of recognized responsibility, except that Obligor may effect worker’s compensation or other similar insurance policies covering Collateral shall be (i) endorsed to provide for payment in respect 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 operations in any manner for any reason without fifteen days prior notice State or other jurisdiction either through an insurance fund operated by such State or other jurisdiction or by causing to Trustee be maintained a system or systems of self-insurance which are in accord with applicable laws. Loan Agreement Loan Nos. 196914 and (iii) provide for any other matters specified in any applicable Security Document or which Trustee may reasonably require. In the event that any KPP Company or any of its Subsidiaries shall fail to maintain all insurance in accordance with this Section 7.4, any Holder and/or the Trustee shall have the right (but shall be under no obligation) to procure such insurance and the KPP Companies agree to reimburse such Holder or the Trustee, as the case may be, for all costs and expenses of procuring such insurance.196915 Gladstone Land Portfolio 75738955.8 0053564-00150

To Insure. Each KPP The Company will, and will cause each of its Subsidiaries to,to (in addition to the insurance required to be maintained pursuant to Paragraph 1.05 of the Deed of Trust, Paragraph 1.05 of the Mortgage, and Section 2(e) of the Security Agreement): (a) keep all of its their insurable properties owned by it them 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;persons (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 including, but not limited to, 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 is usually carried by Persons persons of comparable size engaged in the same or a similar business and similarly situated, including business interruption insurance; and (d) maintain all such workmenworker'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 for which provision has been made in Section 7.5(b) and Section 7.5(c) shall be maintained in at least such amounts consistent with the practices of prudent Persons as such insurance is usually carried by persons of comparable size and established reputation engaged in the same or a similar business and similarly situated 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 all insurance herein provided for shall be effected under a valid and enforceable policy or policies issued by reputable and financially sound insurers. Any insurers of recognized responsibility, except that the Company or such Subsidiary may effect worker's compensation or other similar insurance policies covering Collateral shall be (i) endorsed to provide for payment in respect 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 operations in any manner for any reason without fifteen days prior notice State or other jurisdiction either through an insurance fund operated by such State or other jurisdiction or by causing to Trustee and (iii) provide for any other matters specified be maintained a system or systems of self-insurance which are in any accord with applicable Security Document or which Trustee may reasonably require. In the event that any KPP Company or any of its Subsidiaries shall fail to maintain all insurance in accordance with this Section 7.4, any Holder and/or the Trustee shall have the right (but shall be under no obligation) to procure such insurance and the KPP Companies agree to reimburse such Holder or the Trustee, as the case may be, for all costs and expenses of procuring such insurancelaws.