The Borrower will, and will cause each of its Subsidiaries to, maintain with financially sound and reputable independent insurers insurance against losses or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and its Subsidiaries) as are customarily carried under similar circumstances by such other Persons, except where such failure to maintain such insurance would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Borrower will deliver to the Lender an endorsement in respect of its liability insurance with respect to the Mortgaged Property in form and substance reasonably satisfactory to the Lender within 30 days of the Closing Date.