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Draft Insurance Policy Review
Draft Insurance Policy Review contract clause examples

Draft Insurance Policy Review. To the extent that the Collateral Parties furnish Agent or the Insurance Consultant with draft copies of the policies of insurance it intends to procure for the property related policies of insurance required to be maintained pursuant to Sections 1(a)-(b) of this [Schedule 8.4.1] including the identities of the insurer(s) and insured amounts with the deductibles, all of which Agent or the Insurance Consultant has approved, the Collateral Parties warrant that the insurance policies procured by or behalf of the Collateral Parties shall, to the extent commercially reasonable, be the same in all material respects as the policies previously approved by the Lenders or the Insurance Consultant.

Draft Insurance Policy Review. To the extent that the Borrower furnishes the Lenders or the Insurance Consultant with draft copies of the policies of property insurance it intends to procure that are required to be maintained pursuant to [Sections 1.1(a) and (b)] of this [Schedule 5.17] including the identities of the insurer(s), the insured amounts and the deductibles, all of which the Lenders (in consultation with the Insurance Consultant) have approved, the Borrower warrants that the insurance policies procured by or on behalf of it shall, to the extent commercially reasonable, be the same in all material respects as the policies previously approved by the Lenders.

Draft Insurance Policy Review. To the extent that the Borrower furnishes the Lenders or the Insurance Consultant with draft copies of the policies of property insurance it intends to procure that are required to be maintained pursuant to [Sections 1.1(a) and (b)] of this [Schedule 5.17] including the identities of the insurer(s), the insured amounts and the deductibles, all of which the Lenders (in consultation with the Insurance Consultant) have approved, the Borrower warrants that the insurance policies procured by or on behalf of it shall, to the extent commercially reasonable, be the same in all material respects as the policies previously approved by the Lenders.

Draft Insurance Policy Review. To the extent that the Borrower furnishes the Administrative Agent or the Insurance Consultant with draft copies of the policies of property insurance it intends to procure that are required to be maintained pursuant to [Sections 1.1(a) and (b)] of this [Schedule 5.17] including the identities of the insurer(s), the insured amounts and the deductibles, all of which the Administrative Agent (in consultation with the Insurance Consultant) have approved, the Borrower warrants that the insurance policies procured by or on behalf of it

Title Insurance Policy. A Title Policy issued by the Title Company in the full amount of the Additional Advance naming Administrative Agent as the insured party and New Borrower as the owner and fee simple title holder of the Punta Gorda Parcel, in each case subject only to the Permitted Encumbrances, and insuring the lien of the applicable Security Instrument as a first and prior lien upon the Punta Gorda Parcel, subject to no exceptions other than the Permitted Encumbrances and other exceptions approved by Administrative Agent. The Title Policy must specifically insure Administrative Agent for claims and questions related to claims for mechanics’ or materialmen’s liens and shall include such available endorsements as are reasonably satisfactory to Administrative Agent.

Title Insurance Policy. Lender shall have received a final Title Insurance Policy (in form and substance satisfactory to Lender) covering each Property with an aggregate amount of insurance equal to the Loan Amount.

Title Insurance Policy. At the Closing (or as soon as practicable thereafter, with marked-up pro-forma policies to be delivered at the Closing), ALTA 2006 Loan Policies for each Parcel (collectively, the “Title Policy”) issued by the Title Company in the full amount of the Loan naming Administrative Agent as the insured party and each respective Borrower as the owner and fee simple title holder of the Parcel owned by such Borrower, in each case subject only to the Permitted Encumbrances, and insuring the lien of the Security Instrument as a first and prior lien upon the Parcel owned by such Borrower, subject to no exceptions other than the Permitted Encumbrances and other exceptions approved by Administrative Agent. The Title Policy must specifically insure Administrative Agent for claims and questions related to claims for mechanics’ or materialmen’s liens and shall include endorsements reasonably satisfactory to Administrative Agent.

ITC Insurance Policy. Each Initial Tax Equity Fund that is an ITC Cash Sweep Fund shall be covered under the Existing ITC Insurance Policy. Except as otherwise required by the applicable Project Documents, the Borrower or the Collateral Agent shall be listed as a loss payee on the Existing ITC Insurance Policy to the extent relating to each such ITC Cash Sweep Fund.

ITC Insurance Policy. If such Tax Equity Fund is a ITC Cash Sweep Fund, an ITC Insurance Policy is in full force and effect.

Draft Working Drawings. Based on the Space Plan, Landlord shall cause the Architect to prepare draft working drawings (the "Draft Working Drawings"). Landlord shall retain applicable engineering consultants (the "Engineers") to prepare engineering working drawings relating to the structural, mechanical, electrical, plumbing and HVAC work of the Tenant Improvements, to the extent needed for Permits (defined below). Landlord will pay for the services of the Architect and the Engineers, except as otherwise noted in this Work Letter.

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