Indebtedness incurred in favor of insurance companies (or their financing affiliates) in connection with the financing of insurance premiums; provided, that the total of all such Indebtedness shall not exceed the aggregate amount of such unpaid insurance premiums;

Escrow Payment: With respect to any Mortgage Loan, the amounts constituting ground rents, taxes, assessments, water rates, sewer rents, municipal charges, mortgage insurance premiums, flood insurance premiums, fire and hazard insurance premiums, condominium charges, and any other payments required to be escrowed by the Mortgagor with the mortgagee pursuant to the related Mortgage or any other document.

Liens on insurance proceeds securing the payment of financed insurance premiums.

Liens granted in the ordinary course of business on the unearned portion of insurance premiums securing the financing of insurance premiums to the extent the financing is permitted under Section 6.01;

. Borrowers shall # pay, before delinquency and before the imposition of any penalty or interest, any and all premiums for all Required Insurance Policies, and # deliver to Administrative Agent, without notice or demand, satisfactory evidence of the payment of the premiums of all such insurance not later than the date that is ten (10) days following the date that any such payment is made. Notwithstanding the foregoing, so long as # Borrowers have deposited funds with Administrative Agent for the payment of insurance premiums for all of the Required Insurance Policies and # Administrative Agent is applying funds deposited by Borrowers to the payment of such insurance premiums, in each case, pursuant to [Section 3.2.2], then Borrowers shall not be obligated to pay such insurance premiums or provide such written evidence of payment pursuant to this Section 9.4.9. If Borrowers fail to effect, maintain or renew any of the Required Insurance Policies as stipulated in this Agreement, or fails to pay the premiums thereof or fails to deliver to Administrative Agent any evidence of the Required Insurance Policies, then

“Insurance Premiums” - 5.1.1(b)

Indebtedness consisting of # the financing of insurance premiums in respect of unearned premiums payable on insurance policies maintained by the Group Members or # take or pay obligations contained in supply arrangements, in each case, in the ordinary course of business;

(w)Liens on insurance policies and insurance proceeds incurred in the ordinary course of business in connection with the financing of insurance premiums;

Indebtedness consisting of the financing of insurance premiums;

Liens securing insurance premium financing arrangements; provided that such Liens are limited to the applicable unearned insurance premiums;