Insurance. Keep its business and the Collateral insured for risks and in amounts standard for companies in Borrower’s industry and location and as [[HSBC:Organization]] may reasonably request. Insurance policies shall be in a form, with companies, and in amounts that are satisfactory to [[HSBC:Organization]]. All property policies shall have a lender’s loss payable endorsement showing [[HSBC:Organization]] as the sole lender loss payee and waive subrogation against [[HSBC:Organization]]. All liability policies shall show, or have endorsements showing, [[HSBC:Organization]] as an additional insured. All policies (or the loss payable and additional insured endorsements) shall provide that the insurer shall give [[HSBC:Organization]] at least twenty (20) days notice before canceling, amending, or declining to renew its policy. At [[HSBC:Organization]]’s request, Borrower shall deliver certified copies of policies and evidence of all premium payments. Except as otherwise provided in this [Section 6.5], proceeds payable under any policy shall, at [[HSBC:Organization]]’s option, be payable to [[HSBC:Organization]] on account of the Obligations. Notwithstanding the foregoing, # so long as no Event of Default has occurred and is continuing, Borrower shall have the option of # applying the proceeds of any casualty policy up to Five Hundred Thousand Dollars ($500,000) for all losses under all casualty policies in any one year, as it determines in its discretion and # applying the proceeds of any casualty policy in excess of Five Hundred Thousand Dollars ($500,000) for all losses under all casualty policies in any one year, toward the replacement or repair of destroyed or damaged property; provided that any such replaced or repaired property shall be deemed Collateral in which [[HSBC:Organization]] has been granted a first priority security interest, and # after the occurrence and during the continuance of an Event of Default, all proceeds payable under such casualty policy shall, at the option of [[HSBC:Organization]], be payable to [[HSBC:Organization]] on account of the Obligations. If Borrower fails to obtain insurance as required under this [Section 6.5] or to pay any amount or furnish any required proof of payment to third persons and [[HSBC:Organization]], [[HSBC:Organization]] may make all or part of such payment or obtain such insurance policies required in this [Section 6.5], and take any action under the policies [[HSBC:Organization]] deems prudent.

Insurance. To the extent that the Company maintains an insurance policy or policies providing liability insurance for Agents (“D&O Insurance”), Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the coverage available for any such Agent under such policy or policies. If, at the time of the receipt of a notice of a claim pursuant to the terms hereof, the Company has D&O Insurance in effect or otherwise potentially available, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such proceeding in accordance with the terms of such policies.

Insurance. NOF shall maintain products and completed operations liability insurance through the term of this Agreement, which insurance shall afford limits of not less than US​ for each occurrence and US​ in the aggregate per annum for product liability. If requested by Apellis, NOF will provide Apellis with a certificate of insurance evidencing the above and showing the name of the issuing company, the policy number, the effective date, the expiration date and the limits of liability. The insurance certificate shall further provide for a minimum of ​ written notice to NOF and to Apellis of a cancellation of, or material change in, the insurance.

Insurance. The Company may, at its discretion, apply for and procure in its own name and for its own benefit life and/or disability insurance on Executive in any amount or amounts considered advisable. Executive agrees to cooperate in any medical or other examination, supply any information and execute and deliver any applications or other instruments in writing as may be reasonably necessary to obtain and constitute such insurance. Executive hereby represents that Executive has no reason to believe Executive’s life is not insurable at rates now prevailing for healthy persons of Executive’s age.

Insurance. The Company is insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as the Company believes are prudent and customary for a company # in the businesses and location in which the Company is engaged, # with the resources of the Company, and # at a similar stage of development as the Company. The Company has not received any written notice that the Company will not be able to renew its existing insurance coverage as and when such coverage expires. The Company believes it will be able to obtain similar coverage at reasonable cost from similar insurers as may be necessary to continue its business.

Insurance. Each Credit Party maintains insurance in compliance with [Section 13.1(4)] and all premiums and other sums of money payable for that purpose have been paid.

Insurance. During the Sublease Term, Sublessee shall maintain insurance of such types, in such policies, with such endorsements and coverages, and in such amounts as are set forth in Section 16 of the Original Lease. Sublessee shall name each of Lessor and Sublessor as an additional insured in connection with the liability policy of insurance delivered in connection with this Sublease. Sublessee shall promptly pay all insurance premiums and shall provide Sublessor with policies or certificates evidencing such insurance upon Sublessee’s execution of this Sublease and prior to entering the Subleased Premises.

Insurance. Keep Borrower’s and its Subsidiaries’ business and the Collateral insured for risks and in amounts standard for companies in Borrower’s and its Subsidiaries’ industry and location and as Collateral Agent may reasonably request. Insurance policies shall be in a form, with companies, and in amounts that are reasonably satisfactory to Collateral Agent and Lenders. All property policies shall have a lender’s loss payable endorsement showing Collateral Agent as lender loss payee and waive subrogation against Collateral Agent, and all liability policies shall show, or have endorsements showing, Collateral Agent, as additional insured. The Collateral Agent shall be named as lender loss payee and/or additional insured with respect to any such insurance providing coverage in respect of any Collateral, and each provider of any such insurance shall agree, by endorsement upon the policy or policies issued by it or by independent instruments furnished to the Collateral Agent, that it will give the Collateral Agent thirty (30) days prior written notice (or ten (10) days prior written notice in the case of cancellation for non-payment of premium) before any such policy or policies shall be materially altered or canceled. At Collateral Agent’s request, Borrower shall deliver certified copies of policies and evidence of all premium payments. Proceeds payable under any policy shall, at Collateral Agent’s option, be payable to Collateral Agent, for the ratable benefit of the Lenders, on account of the Obligations. Notwithstanding the foregoing, # so long as no Event of Default has occurred and is continuing, Borrower shall have the option of applying the proceeds of any casualty policy up to Five Hundred Thousand Dollars ($500,000) with respect to any loss, but not exceeding Five Hundred Thousand Dollars ($500,000), in the aggregate for all losses under all casualty policies in any one year, toward the replacement or repair of destroyed or damaged property; provided that any such replaced or repaired property # shall be of better, equal or like value as the replaced or repaired Collateral and # shall be deemed Collateral in which Collateral Agent has been granted a first priority security interest, and # after the occurrence and during the continuance of an Event of Default, all proceeds payable under such casualty policy shall, at the option of Collateral Agent, be payable to Collateral Agent, for the ratable benefit of the Lenders, on account of the Obligations. If Borrower or any of its Subsidiaries fails to obtain insurance as required under this Section 6.5 or to pay any amount or furnish any required proof of payment to third persons, Collateral Agent and/or any Lender may make, at Borrower’s expense, all or part of such payment or obtain such insurance policies required in this Section 6.5, and take any action under the policies Collateral Agent or such Lender deems prudent.

Insurance. Except as otherwise provided in Section 6.16 hereof, the Agent shall have received insurance certificates satisfying the requirements of Section 6.07.

Insurance. Landlord shall maintain all risk property and, if applicable, sprinkler damage insurance covering the full replacement cost of the Project or such lesser coverage amount as Landlord may elect provided such coverage amount is not less than 90% of such full replacement cost. Landlord shall further procure and maintain commercial general liability insurance with a single loss limit of not less than $2,000,000 for bodily Injury and property damage with respect to the Project. Landlord may, but Is not obligated to, maintain such other insurance and additional coverages as It may deem necessary, including, but not limited to, flood, environmental hazard and earthquake, loss or failure of building equipment, errors and omissions, rental loss during the period of repair or rebuilding, workers’ compensation insurance and fidelity bonds for employees employed to perform services and insurance for any improvements installed by Tenant or which are in addition to the standard improvements customarily furnished by Landlord without regard to whether or not such are made a part of the Project All such Insurance shall be Included as part of the Operating Expenses. The Project may be included in a blanket policy (in which case the cost of such insurance allocable to the Project will be determined by Landlord based upon the insurer’s cost calculations). Tenant shall also reimburse Landlord for any increased premiums or additional insurance which Landlord reasonably deems necessary as a result of Tenant’s use of the Premises.