Schedule 3.21 sets forth a true, complete and correct description of all material insurance maintained by or on behalf of Holdings, the Borrower or the their respective subsidiaries as of the Closing Date. As of the Closing Date, all premiums in respect of such insurance, to the extent due, have been paid. The insurance maintained by or on behalf of Holdings, the Borrower First Tier Covenant Parties or the subsidiaries is in full force and effect in all material respects in accordance with its terms and complies with the requirements set forth in Section 5.02 .