Assignment of Policies. All property policies including builder’s all risk, delay in start‑up, all risk property, business interruption and delay in start‑up shall include the Borrower as first named insured and shall be capable of being assigned to the Collateral Agent on behalf of the Secured Parties.
Appears in 2 contracts
Sources: Subordinated Credit Agreement (Midway Gold Corp), Credit Agreement (Midway Gold Corp)