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<br /> '� , . (a) The Trustor may ef,fect suah coverage under ' � . �. ' '
<br /> � � subsection (a) of this Seatiion urtder blanket insuranae �
<br />- policie� covering other propertfes of the Guarantor and its
<br /> Subsidiaries, nrovided that (i) any suah blanket insurance
<br /> policy shall specify therein, or the insurer under such
<br /> policy shall certify to the Beneficiary, (A) the maximum
<br /> - amount of the total insurance afforded by the blanket policy
<br /> allocated �o �e Property, and (B) any sublim�ts in such
<br /> blanket po3i��r ap�p�icabbe to the Property, w���� ��k���t'� ' .
<br /> ' � shall not be l�ss t�•a�n �he amounts �ec�uared pursua�� to th.ss . � �
<br /> ' � � Section: (gaD an�r sucCn bla�tcet ins�arar��e p��icy shall cQm�pAy • �
<br /> ,j�;,�.;�'� in all res��ts wi�.h t�� eat3a�a' Pravisaonas of this section;
<br /> � � "� and (iii) the pro��c�ao� aff�arded tamder acn�r such blanket
<br /> � � � � 3nsurance policy s�all be no less tk�aae that which wculd have
<br /> • been afforded under a separate policy relating only to the
<br /> Property.
<br /> � � (d) The Truetor shall not maintain additional or
<br /> separate insurance concurrent in form cr contributing in the ,
<br /> event nf loss with t�e insurance required under this Section, �..
<br /> unless (i} the policies providing such additional or separate •-�
<br /> . insurance are submitted to the Beneficlary for its appraval; .,,;�:.,:�;;.
<br /> � � (ii) the insurers under such policiea and the tenas thereof ,�,. i;. ;,.,
<br /> � are approved by the Beneficiary, which approval shall not be � � � ' ::'�l' �:
<br /> unreasonably withheld; and (iii) the Heneficiary and the , :'��,'��
<br /> " other Secured Par�ies are included in such policies as loss � � � � , �;�•
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<br /> payees vr ad�itianal incnzeds.
<br /> �
<br /> (e) If the Trustor fails to maintain �he Insuranae
<br /> Policies required to be maintained under this section, the
<br /> Beneficiary shall have the right to obtain suah Insurance �,,
<br /> Policiea and pay �he premiums therefor. If the Beneficiary .__
<br /> � �, obtains such Insurance Policies or pays the premiums there-
<br /> , for, upon demand, the Trustor shall reimburse the Benef iciary , . . .-.
<br /> :a � for its expensea in connection therewith, together with f ;
<br /> interest thereon, pursuant to sect3on 9.03. ,.
<br /> SECTION 3.02. CasualtY and Condemnation. (a) In
<br /> the event of any Casualty or Condemnation (a "Loss") , (i)
<br /> � if Che Insurance Proceeds or Awards (the "Proceeds") with :
<br /> � � respect to such Loss amount to $100,000 or more or, in the : ,.:
<br /> case of a Condemnation, such Loss hae or could reasonably be
<br /> anticipated �o have a Material Adverse Effect or, if an
<br /> Enforcement Notice is in effect, tt�e Trustor shall have no •
<br /> right to settle, and shall not settle, any claim or proceed- •
<br /> " ing relating to such Lose or Proceeds without the consent of
<br /> the Beneficiary; (ii) if an Enforcement Notice is in effect, �
<br /> � the Proceeds with respect to such Loss shall be paid to the �
<br /> B�zeeficiary to be applied and disbursed as provided in clause
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