Example ContractsClauseslandlord’s insuranceVariants
Remove:

Insurance. The properties of the Loan Parties and the Restricted Subsidiaries are insured with financially sound and reputable insurance companies not Affiliates of any Loan Party, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where the applicable Loan Party or Restricted Subsidiary operates, provided that no coverage in respect of terrorism shall be required. As of the Closing Date, such insurance is in full force and effect and all premiums have been duly paid.

Insurance. The properties of the Loan Parties and the Restricted Subsidiaries are insured with financially sound and reputable insurance companies not Affiliates of any Loan Party, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where the applicable Loan Party or Restricted Subsidiary operates, provided that no coverage in respect of terrorism shall be required. As of the Closing Date, such insurance is in full force and effect and all premiums have been duly paid.

Insurance. The properties of the Loan Partieseach Borrower and theits respective Restricted Subsidiaries are insured with financially sound and reputable insurance companies not Affiliates of any Loan Party,either Borrower (other than a Captive Insurance Company), in such amounts,amounts (after giving effect to any self-insurance compatible with the following standards), with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where the applicable Loan PartyBorrower or Restricted Subsidiary operates, provided that no coverage in respect of terrorism shall be required. As of the Closing Date, such insurance is in full force and effect and all premiums have been duly paid.operates.

Insurance. The propertiesEach of the Loan PartiesBorrower and theits Restricted Subsidiaries are insuredmaintains, with financially sound and reputable insurance companies not Affiliates of the Borrower or any Loan Party, in such amounts,of its Restricted Subsidiaries, insurance (including liability insurance and casualty insurance), with such deductiblesrespect to its properties and covering such risks as arebusiness against loss or damage of the kinds customarily carriedinsured against by companiesPersons engaged in the same or similar businesses and owning similar properties in localities where the Borrower or any of its Restricted Subsidiaries operates, of such types and in such amounts, with such deductibles and covering such risks, as are customarily carried under similar circumstances by such other Persons (or otherwise required in the Collateral Documents) or with self-insurance programs in the ordinary course of business that are customary for companies in similar businesses and of similar size and in localities where the Borrower or the applicable Loan Party or Restricted Subsidiary operates, provided that no coverage in respect of terrorism shall be required. As of the Closing Date, such insurance is in full force and effect and all premiums have been duly paid.operates.

Insurance. The properties of the Loan Parties and theits Restricted Subsidiaries are insured with financially sound and reputable insurance companies not Affiliates of any Loan Party,the , in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where the applicable Loan Party or the applicable Restricted Subsidiary operates, provided that nooperates. The general liability, casualty, property, and business interruption insurance coverage of the Loan Parties as in respect of terrorism shall be required. As ofeffect on the Closing Date, and as of the last date such Schedule was required to be updated in accordance with [[Sections 6.02, 6.12 and 6.13]3]3]]3]3], is outlined as to carrier, policy number, expiration date, type, amount and deductibles on [Schedule 5.10] and such insurance iscoverage complies with the requirements set forth in full forcethis Agreement and effect and all premiums have been duly paid.the other Loan Documents.

Insurance. The properties of the Loan PartiesBorrower and the Restrictedits Subsidiaries are insured with financially sound and reputable insurance companies not Affiliates of any Loan Party,the Borrower, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where the Borrower or the applicable Loan Party or Restricted Subsidiary operates, provided that no coverage in respect of terrorism shall be required. As of the Closing Date, such insurance is in full force and effect and all premiums have been duly paid.operates.

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.