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Exhibit B <br /> INSURANCE REQUIREMENTS <br /> Unless City agrees otherwise in writing, Owner shall, at Owner's sole cost and expense, <br /> throughout the term of the Note dated as of the date hereof and executed by Owner for <br /> the benefit of City (the "Note") shall keep and maintain the following policies of <br /> insurance. Capitalized terms used without definition in this Exhibit B shall have the <br /> meaning ascribed to such terms in the Loan Agreement of which this Exhibit is a part. <br /> A. Property Insurance. Insurance for the risks of direct physical loss, with minimum <br /> coverage being the perils insured under the standard Causes of Loss - Special form <br /> (ISO Form CP 10 30) or its equivalent, covering all Improvements located on or in, or <br /> constituting a part of, the Property, in an amount equal to one hundred percent (100%) <br /> of the full replacement cost of all such property. <br /> B. Liability Insurance. Commercial general liability insurance on an "occurrence <br /> basis" covering all claims with respect to injury or damage to persons or property <br /> occurring on, in or about the Property or the Improvements. Commencing upon the <br /> Effective Date of the Loan Agreement and at all times prior to repayment of all sums <br /> payable under the Note, the limits of liability under this Paragraph B shall be not less <br /> than One Million Dollars ($1,000,000) combined single limit per occurrence. <br /> C. Reserved. <br /> D. Reserved. <br /> Public Wi-Fi Installation 14 <br /> Loan Agreement <br />