Maintain insurance with financially sound and reputable insurance companies against at least such risks and in at least such amounts as are customarily maintained by similar businesses and as may be required by Applicable Law and deliver to the Lender upon its request information in reasonable detail as to the insurance then in effect. All such insurance shall, (a) provide that no cancellation or material modification thereof shall be effective until at least 30 days (or 10 days for non-payment of premiums) after receipt by the Lender of written notice thereof, (b) name the Lender as an additional insured party thereunder and (c) in the case of each casualty insurance policy, name the Lender as lender’s loss payee. The Lender agrees that the insurance maintained by the Borrower and its Subsidiaries as of the Closing Date is acceptable.