General Liability and Property Damage. Commercial general liability and property damage insurance on an occurrence basis in connection with any construction being performed at any Mortgaged Property, to be carried by any contractor or construction manager or by any Person, including any Loan Party or any of its Subsidiaries, performing a similar function, including "BUILDERS RISK" coverage in the amount of $1,000,000 per occurrence and $3,000,000 in the aggregate.
Appears in 2 contracts
Sources: Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust), Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust)
General Liability and Property Damage. Commercial general liability and property damage insurance on an occurrence basis in connection with any construction being performed at any Mortgaged Property, to be carried by any contractor or construction manager or by any Person, including any Loan Party or any of its Subsidiaries, performing a similar function, including "BUILDERS RISKBuilders Risk" coverage in the amount of $1,000,000 per occurrence and $3,000,000 in the aggregate.
Appears in 2 contracts
Sources: Senior Secured Credit Agreement (Royale Investments Inc), Senior Secured Credit Agreement (Corporate Office Properties Trust)
General Liability and Property Damage. Commercial general liability and property damage insurance on an occurrence basis in connection with any construction being performed at any Mortgaged Property, to be carried by any contractor or construction manager or by any Person, including any Loan Party or any of its Subsidiaries, performing a similar function, including "BUILDERS RISKBuilders Risk" coverage in the amount of $1,000,000 per occurrence and $3,000,000 in the aggregate.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust)
General Liability and Property Damage. Commercial general liability and property damage insurance on an occurrence basis in connection with any construction Renovation being performed at any Mortgaged Property, to be carried by any contractor or construction manager or by any Person, including any Loan Party or any of its Subsidiaries, performing a similar function, including "BUILDERS RISKBuilders Risk" coverage in the amount of $1,000,000 2,000,000 per occurrence and $3,000,000 5,000,000 in the aggregate.
Appears in 1 contract
Sources: Credit Agreement (Capstar Hotel Co)
General Liability and Property Damage. Commercial general liability and property damage insurance on an occurrence basis in connection with any construction Renovation being performed at any Mortgaged Pool A Property, to be carried by any contractor or construction manager or by any Person, including any Loan Party or any of its Subsidiaries, performing a similar function, including "BUILDERS RISK" ``Builders Risk'' coverage in the amount of $1,000,000 per occurrence and $3,000,000 in the aggregate.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Capstar Hotel Co)