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En protection to the limit of not less than $100, 000 in respect of damage to the property of any one owner. C . The insurance required by this Article IV shall l:,e maintained in full force and effect at all tunes during the term of this Lease and Agreement, except: (i) The insurance required by Section 401 A. (i) as to improvements and Lessor's machinery and equipment need not be placed in force and effect until the completion of the construction of the Project, provided, however, that in no event shall the insurance required by Section 401 A. (i) be placed into force and effect later than the expiration of the builder's risk insurance carried pursuant to the provisions of any contracts entered into with contractors or the insurance initially taken out pursuant to the provisions of Article I hereof concerning Lessor's machinery and equipment, with the end in -view of having full insurance coverage at all times; (ii) The insurance required by Section 401 B. need not be placed into force and effect until Lessee occupies 'the Project, either upon completion or before completion in the event Lessee undertakes to perform work or store materials and supplies in the Project prior to completion as permitted by the provisions of Article I hereof. D. Copies or certificates of the insurance provided for by this Article shall be delivered by Lessee to the Lessor and the Trustee. And, in the case of expiring policies throughout the term, copies or certificates of any new or renewal policies shall be delivered by Lessee to Lessor and the Trustee. E. Policies of insurance provided for in Section 401 A. of this Ailicle IV shall name the Lessor and the Lessee as insureds as their respective interests may appear, provided, however, that the Trustee shall also be named as a party insured pursuant to a standard mortgagee clause as its interests may appear.