AND MACHINERY INSURANCE, IF APPLICABLE, IN
AMOUNTS AS SHALL BE REASONABLY REQUIRED BY LENDER ON TERMS CONSISTENT WITH THE
COMMERCIAL PROPERTY INSURANCE POLICY REQUIRED UNDER SECTION 6.1(A)(I);
(VII)
UMBRELLA LIABILITY INSURANCE IN AN AMOUNT NOT LESS THAN
$176,000,000 PER OCCURRENCE ON TERMS CONSISTENT WITH THE COMMERCIAL GENERAL
LIABILITY INSURANCE POLICY REQUIRED UNDER SECTION 6.1(A)(II);
(VIII)
MOTOR VEHICLE LIABILITY COVERAGE FOR ALL OWNED AND NON-OWNED
VEHICLES, INCLUDING RENTED AND LEASED VEHICLES CONTAINING MINIMUM LIMITS PER
OCCURRENCE, INCLUDING UMBRELLA COVERAGE, OF $177,000,000;
(IX)
IF THE PROPERTY IS OR BECOMES A LEGAL "NON-CONFORMING" USE,
ORDINANCE OR LAW COVERAGE AND INSURANCE COVERAGE TO COMPENSATE FOR THE COST OF
DEMOLITION AND REBUILDING OF THE UNDAMAGED PORTION OF THE PROPERTY ALONG WITH
ANY REDUCED VALUE AND THE INCREASED COST OF CONSTRUCTION IN AMOUNTS AS REQUESTED
BY LENDER;
(X)
THE COMMERCIAL PROPERTY, BUSINESS INCOME, GENERAL LIABILITY AND
UMBRELLA, INSURANCE REQUIRED UNDER SECTIONS 6.1(A)(I), (II), (III) AND (IV)
ABOVE SHALL COVER PERILS OF TERRORISM AND ACTS OF TERRORISM AND BORROWER SHALL
MAINTAIN COMMERCIAL PROPERTY, BUSINESS INCOME, GENERAL LIABILITY AND UMBRELLA
INSURANCE FOR LOSS RESULTING FROM PERILS
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AND ACTS OF TERRORISM ON TERMS (INCLUDING AMOUNTS) CONSISTENT WITH THOSE
REQUIRED UNDER SECTIONS 6.1(A)(I), (II), (III) AND (IV) ABOVE AT ALL TIMES
DURING THE TERM OF THE LOAN; AND
(XI)
CRIME COVERAGE IN AN AMOUNT NOT LESS THAN $30,000,000 TO PROTECT
AGAINST EMPLOYEE DISHONESTY AND RELATED INCIDENTS; AND
(XII)
UPON SIXTY (60) DAYS' NOTICE, SUCH OTHER REASONABLE INSURANCE AND
IN SUCH REASONABLE AMOUNTS AS LENDER FROM TIME TO TIME MAY REASONABLY REQUEST
AGAINST SUCH OTHER INSURABLE HAZARDS WHICH AT THE TIME ARE COMMONLY INSURED
AGAINST FOR PROPERTY SIMILAR TO THE PROPERTY LOCATED IN OR AROUND THE REGION IN
WHICH THE PROPERTY IS LOCATED.
(B)
ALL INSURANCE PROVIDED FOR IN SECTION 6.1(A) SHALL BE OBTAINED
UNDER VALID AND ENFORCEABLE POLICIES (COLLECTIVELY, THE "POLICIES" OR IN THE
SINGULAR, THE "POLICY"), AND SHALL BE SUBJECT TO THE APPROVAL OF LENDER AS TO
INSURANCE COMPANIES, AMOUNTS, DEDUCTIBLES, LOSS PAYEES AND INSUREDS.
THE
POLICIES SHALL BE ISSUED BY FINANCIALLY SOUND AND RESPONSIBLE INSURANCE
COMPANIES AUTHORIZED BY APPLICABLE GOVERNMENTAL AUTHORITIES TO DO BUSINESS AND
HAVING A CLAIMS PAYING ABILITY RATING OF "A" OR BETTER (AND THE EQUIVALENT
THEREOF) BY AT LEAST TWO (2) OF THE RATING AGENCIES RATING THE SECURITIES (ONE
OF WHICH SHALL BE S&P IF THEY ARE RATING THE SECURITIES AND ONE OF WHICH WILL BE
MOODY'S IF THEY ARE RATING THE SECURITIES), OR IF ONLY ONE RATING AGENCY IS
RATING THE SECURITIES, THEN ONLY BY SUCH RATING AGENCY; PROVIDED, HOWEVER, THAT
IF THE INSURANCE REQUIRED TO BE PROVIDED PURSUANT TO THIS SECTION 6.1 SHALL BE
OBTAINED FROM A SYNDICATE OF FIVE (5) OR MORE INSURERS, THEN THE FOREGOING
REQUIREMENT SHALL NOT BE VIOLATED IF (A) THE PRIMARY LAYER OF SUCH INSURANCE IS
PROVIDED BY INSURERS RATED "A" OR BETTER (AND THE EQUIVALENT THEREOF), AND (B)
AT LEAST SIXTY PERCENT (60%) OF THE TOTAL INSURED AMOUNTS ARE PROVIDED BY
INSURERS RATED "A" OR BETTER BY S&P, BUT IN NO EVENT SHALL THE RATING