Environmental Insurer definition

Environmental Insurer means American International Specialty Lines Insurance Company, or such other environmental insurance company as Lender may select, and its successors and assigns.

Environmental Insurer. Any Qualified Insurer that issues Environmental Policies relating to any of the Mortgage Loans or Mortgaged Properties.

Environmental Insurer means American International Specialty Lines Insurance Company or such other insurer providing Environmental Policies reasonably acceptable to Lessor.

Examples of Environmental Insurer in a sentence

• Debtor acknowledges and agrees that Environmental Insurer may rely on the environmental representations and warranties set forth in the preceding subsection K, that Environmental Insurer is an intended third-party beneficiary of such representations and warranties and that Environmental Insurer shall have all rights and remedies available at law or in equity as a result of a breach of such representations and warranties, including, to the extent applicable, the right of subrogation.

• Lessee shall cooperate with and provide access to Lessor, Lender, Environmental Insurer and any such person or entity designated by Lessor.

• The Commission shall maintain the Environmental Policy and Developer's additional insured status, at its cost up to the annual renewal premium amount of Twenty-Five Thousand Dollars ($25,000), in full force and effect (i) for so long as there is no material, uncured default under this Agreement; (ii) through and including 2030 (or such longer time as the Commission may agree); and (iii) so long as the Environmental Policy continues to be available and renewable from the Environmental Insurer.

• INTRODUCTION By law, events in Donetsk as Luhansk oblasts have been designated as terrorist activities, and activities to secure peace and regain control over the non-controlled territories are considered an Anti- Terrorist Operation (“ATO”)2.

• The Beneficiary shall cooperate with the Indemnitor (or the Environmental Insurer) in the defense of any Claim.

More Definitions of Environmental Insurer

Environmental Insurer means American International Specialty Lines Insurance Company or such other insurer providing Environmental Policies reasonably acceptable to Lessor and Lessee.

Environmental Insurer means such environmental insurance company as Lessor shall select in its reasonable discretion.

Environmental Insurer means American International Specialty Lines Insurance Company, or such other environmental insurance company as Lessor may select, and its successors and assigns.

Environmental Insurer means American International Specialty Lines Insurance Company or such other environmental insurance company as FFCA may select, in its sole discretion.

Environmental Insurer. Any Qualified Insurer that issues Environmental Policies relating to any of the Mortgage Loans or Mortgaged Properties. “Environmental Policy ”: Any insurance policy issued by an Environmental Insurer, together with any endorsements thereto, providing insurance coverage for losses, with respect to certain Mortgage Loans or Mortgaged Properties, caused by the presence of hazardous substances on, or the migration of hazardous substances from, the related Mortgaged Properties. “Equipment Loan ”: Any commercial equipment loan secured by equipment used in the operation of a commercial real estate property and listed on the Mortgage Loan Schedule. “Escrow Payment ”: Any payment received by the Property Manager or the Special Servicer for the account of any Obligor or otherwise deposited in the Servicing Account for application toward the payment of real estate taxes, assessments, insurance premiums, ground rents (if applicable) and similar items in respect of the related Mortgaged Property. “Event of Default ”: As defined in the Indenture. “Excess Cashflow ”: As defined in the Indenture. “Exchange Act ”: The Securities Exchange Act of 1934, as amended. “Exchange Account ”: An account established in the name of the Qualified Intermediary in order to receive all proceeds from the sale or disposition of Relinquished Properties. “Exchange Agreement ”: An agreement entered into a Qualified Intermediary setting forth the terms of a like-kind exchange program. “Exchange Cash Collateral ”: With respect to any Mortgaged Property which has been released pursuant to Section 7.01(a), an amount provided by the Issuers that is free and clear of all Liens in an amount equal to the Net Release Price thereof that is deposited into the Exchange Reserve Account. “Exchange Reserve Account ”: As defined in Section 3.04(c) . “Extraordinary Expense ”: As defined in the Indenture. “Fair Market Value ”: With respect to any Mortgaged Property or Mortgage Loan secured by a Mortgaged Property, at any time, a price determined by the Property Manager (or by the Special Servicer with respect to a Specially Serviced Asset) in accordance with the Servicing Standard and Section 7.01(b) . 9 US-DOCS\ 96557504.7 102826315.7

Environmental Insurer means such environmental insurance company as FFCA may select in its sole discretion.

Environmental Insurer has charged a fee for the Environmental Policies, which Borrower has paid. Borrower acknowledges that the Environmental Policies are for the sole protection of Lender and will not protect Borrower or provide Borrower with any coverage thereunder. Borrower acknowledges and agrees that Environmental Insurer may rely on the environmental representations and warranties set forth in this subsection K, that Environmental Insurer is an intended third-party beneficiary of such representations and warranties and that Environmental Insurer shall have all rights and remedies available at law or in equity as a result of a breach of such representations and warranties, including, to the extent applicable, the right of subrogation.