The Administrative Agent shall have received (i) evidence in form and substance reasonably satisfactory to it that all of the insurance-related requirements of Section 7.5 hereof and Section 5(q) of the U.S. Security Agreement and Section 5(p) of the Canadian Security Agreement, as applicable, shall have been satisfied and (ii) evidence that the premiums then due and payable on each insurance policy have been paid, and with respect to flood insurance policies, (A) they shall be endorsed or otherwise amended to include a “standard” or “New York” lender’s loss payable or mortgagee endorsement (as applicable), (B) shall name the Co-Collateral Agents as additional insured or loss payee, as applicable, (C) shall (x) identify the addresses of each property located in a special flood hazard area or, in the case of Mortgaged Property located in Canada, a flood plain, (y) indicate the applicable flood zone designation, the flood insurance coverage and the deductible relating thereto and (z) provide that the insurer will give the Collateral Agent 45 days written notice of cancellation or non-renewal.