Borrower has obtained (or has caused Owner to obtain) and maintains all Policies reflecting and satisfying the insurance coverages, amounts and other requirements set forth in this Agreement and has delivered to Lender certificates evidencing the insurance provided pursuant to the Policies. No material claims are currently pending, outstanding or otherwise remain unsatisfied under any Policy which would reasonably be expected to have a material adverse effect on Borrower or Owner and neither Borrower, any Individual Owner, nor, to Borrower’s knowledge, any other Person has done, by act or omission, anything which would impair the coverage of any of the Policies.