(a) Each Pledgor shall keep its insurable property insured at all times by financially sound and reputable insurers, and maintain such other insurance, to such extent and against such risks as is customary with companies in the same or similar businesses operating in the same or similar locations, including insurance with respect to Mortgaged Properties (if any) and other properties material to the business of the Company and its Subsidiaries against such casualties and contingencies and of such types and in such amounts with such deductibles as is customary in the case of similar businesses operating in the same or similar locations, including, to the extent applicable to such Pledgor’s business, (i) physical hazard insurance on an “all risk” basis, (ii) commercial general liability against claims for bodily injury, death or property damage covering any and all insurable claims, (iii) explosion insurance in respect of any boilers, machinery or similar apparatus constituting Collateral, (iv) business interruption insurance, (v) worker’s compensation insurance and such other insurance as may be required by any Legal Requirement and (vi) such other insurance against risks as the Noteholder Collateral Agent may from time to time require acting upon the instructions of the percentage of Holders required under the Indenture (in each case, such policies to be in such form as may be reasonably satisfactory to the Noteholder Collateral Agent); provided that with respect to physical hazard insurance, (x) neither the Noteholder Collateral Agent nor the applicable Pledgor shall agree to the adjustment of any claim in excess of $500,000 thereunder without the consent of the other (such consent not to be unreasonably conditioned, withheld or delayed), and (y) no consent of any Pledgor or any of such Pledgor’s Subsidiaries shall be required during the existence of an Event of Default.