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of extension or replacement of insurance shall be delivered to Landlord or Tenant, as tIle case may be, at least thirty (30) days prior to the expiration of any policy. Section 7.3 Alternate Insurance. (a) Use of Blanket Policy. NQtwithstanding anything to the contrary hereinabove contained, Landlord or Tenant may, at its option, include any of the insurance coverage hereinabove set forth in general or blanket policies of insurance provided that the coverage afforded will not be reduced or diminished by reason of the use of such general or blanket policies and may be effected by any combination of basic, excess or umbrella coverage. (b) Self-Insurance. During any period in which Tenant maintains a "i, independent consolidated entity net worth of at least Fifty Million Dollars ($50,000,000.00) (subject to increase by the CPI Adjustment every tenth (1 Oth) , Anniversary of the Commencement Date), any insurance required to be provided by Tenant may be provided in a formal plan of self insurance, subject to the prior written approval of Landlord, which shall not be unreasonably withheld nor delayed. Tenant's net worth shall be calculated in accordance with generally accepted accounting ! principles. This Section 7.3(b) shall not apply to customary "dcductible" limits, which shall be subject to Section 7 A( c ). Section 7.4 Additional Insurance Provisions. (a) All insurance provided for in this Article 7 shall be effected under standard form policies issued by insurers of recognized responsibility authorized to do business in the state in which the Premises are located. (b) Upon written request, either party may request the other to name it as additional insured under any liability policies maintained hereunder to the extent permissible under the policy. Without limiting the foregoing, Landlord and any mortgage lender of whom Tenant is notified in writing shall be named as additional insureds on the policies of insurance maintained by Tenant under Section 7.l(a)(1 ). Tenant shall be named as an additional insured on the policies of insurance maintained by Landlord under Section 7. I (b)(l). (c) To the extent any deductible is permitted or allowed as a part of any insurance policy carried by Landlord or Tenant, such party shall be deemed to be covering the amount thereof under an informal plan of self insurance; provided that neither party shall be permitted to obtain any insurance required of it hereunder with a deductible of greater than One Hundred Thousand Dollars ($100,000.00), without the prior written consent of the other. (d) All policies shall be written by insurance companies having a Best's rating of "A-VII" or better, and such insurance companies shall acknowledge and confirm, by " 32 CHG02:3091375.v8 . _.^.. ...-