Common use of Additional Insureds; Notice Clause in Contracts

Additional Insureds; Notice. Any policies of insurance carried in accordance with this Section 10 and any policies taken out in substitution or replacement for any such policies (i) shall name the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, and each Assignee as additional insureds, as their respective interests may appear (but without imposing upon any such Person any obligation imposed on the insured, including, without limitation, the liability to pay the premium for any such policy), (ii) with respect to insurance carried in accordance with the preceding paragraphs (b), (c)(i), (c)(iv), (c)(v) and (e) shall name the Assignee, if any, or the Lessor, if no Assignment has been made, as loss payee, (iii) with respect to insurance carried in accordance with the preceding paragraphs (b), (c) and (e), shall provide that as against the Lessor the insurers shall waive any rights of subrogation, (iv) shall provide that if the insurers cancel such insurance for any reason whatsoever, or any substantial change is made in the coverage or the same is allowed to lapse for nonpayment of premium or such insurance coverage is reduced, such cancellation, change, lapse or reduction shall not be effective as to the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, or any Assignee for thirty (30) days after receipt by the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, or such Assignee, as the case may be, of written notice by such insurers of such cancellation, change, lapse or reduction, and (v) shall provide that in respect of the interest of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, and each Assignee in such policies the insurance shall not be invalidated by any action or inaction of the Lessee or any other Person (other than of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, or any such Assignee in respect of its own interest) and shall insure the interests of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, and each such Assignee, as they appear, regardless of any breach or violation of any warranties, declarations or conditions contained in such policies by the Lessee or any other Person. Each liability policy (A) shall be primary without right of contribution from any other insurance which is carried by the Lessor with respect to its interest as such in the Property or Equipment and (B) shall expressly provide that all of the provisions thereof, except the limits of liability, shall operate in the same manner as if there were a separate policy covering each insured.

Appears in 1 contract

Samples: Lease Agreement (Seaboard Corp /De/)

AutoNDA by SimpleDocs

Additional Insureds; Notice. Any policies of insurance carried in accordance with this Section SECTION 10 and any policies taken out in substitution or replacement for any such policies (i) shall name the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholdersmembers, officers and directors, the limited partners of the Lessor, the Trustee, each Certificate Holder, the Assignee and each Assignee Lender as additional insureds, as their respective interests may appear (but without imposing upon any such Person any obligation imposed on the insured, including, without limitation, the liability to pay the premium for any such policy), (ii) with respect to insurance carried in accordance with the preceding paragraphs paragraph (b), (c)(i), (c)(iv), (c)(v) and (e) shall name the Assignee, if any, or and the Lessor, if no Assignment has been made, Lessor as loss payeepayees, (iii) with respect to insurance carried in accordance with the preceding paragraphs (b), (ca) and (eb), shall provide that as against the Lessor the insurers shall waive any rights of subrogation, (iv) shall provide that if the insurers cancel such insurance for any reason whatsoever, or any substantial change is made in the coverage or the same is allowed to lapse for nonpayment of premium or such insurance coverage is reducedcoverage, such cancellation, change, lapse or reduction change shall not be effective as to the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor Lessor, and its shareholdersmembers, officers and directors, the limited partners of the Lessor, the Trustee, any Certificate Holder, the Assignee or any Assignee Lender for thirty (30) days after receipt by the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor Lessor, and its shareholdersmembers, officers and directors, the limited partners of the Lessor, the Trustee, any Certificate Holder, any Lender or such Assignee, as the case may be, of written notice by such insurers of such cancellation, change, lapse cancellation or reduction, change and (v) shall provide that in respect of the interest of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor Lessor, and its shareholdersmembers, officers and directors, the limited partners of the Lessor, the Trustee, any Certificate Holder, the Assignee and each Assignee any Lender, in such policies policies, the insurance shall not be invalidated by any action or inaction of the Lessee or any other Person (other than of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor Lessor, and its shareholdersmembers, officers and directors, the limited partners of the Lessor, the Assignee or any such Assignee Lender in respect of its own interest) and shall insure the interests of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, and each such Assignee, as they appear, regardless of any breach or violation of any warranties, declarations or conditions contained in such policies by the Lessee or any other Person. Each liability policy (A) shall be primary without right of contribution from any other insurance which is carried by the Lessor with respect to its interest as such in the Property or Equipment and (B) shall expressly provide that all of the provisions thereof, except the limits of liability, shall operate in the same manner as if there were a separate policy covering each insured.its

Appears in 1 contract

Samples: Lease Agreement (Ultramar Diamond Shamrock Corp)

Additional Insureds; Notice. Any policies of insurance carried in accordance with this Section 10 and any policies taken out in substitution or replacement for any such policies (i) shall name the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, and each Assignee as additional insuredsinsureds (the "Additional Insureds"), as their respective interests may appear in relation to the Property and Equipment (but without imposing upon any such Person any obligation imposed on the insured, including, without limitation, the liability to pay the premium for any such policy), (ii) with respect to insurance carried in accordance with the preceding paragraphs (b), (c)(i), (c)(iv), (c)(v) and (ec)(iv) shall name the Assignee, if any, or the Lessor, if no Assignment has been made, as loss payee, (iii) with respect to insurance carried in accordance with the preceding paragraphs (b), (c) and (ec), shall provide that as against the Lessor the insurers shall waive any rights of subrogation, provided that the exercise by insurers of rights of subrogation derived from rights retained by the Lessee shall not in any way delay payment of a claim that would otherwise be paid by such insurers, (iv) shall provide that if the insurers cancel such insurance for any reason whatsoever, or any substantial change is made in the coverage or the same is allowed to lapse for nonpayment of premium or such insurance coverage is reduced, such cancellation, change, lapse or reduction shall not be effective as to the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, Additional Insureds or any Assignee loss payee for thirty ten (3010) days after receipt by the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, or such Assignee, as the case may be, any Assignee of written notice by such insurers of such cancellation, change, lapse or reduction, and (v) shall provide that in respect of the interest of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, and each Assignee Additional Insureds or any loss payee in such policies the insurance shall not be invalidated by any action or inaction of the Lessee or any other Person (other than of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, or any such Assignee an Additional Insured in respect of its own interest) and shall insure the interests of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, and each such Assignee, Additional Insureds or any loss payee as they appear, regardless of any breach or violation of any warranties, declarations or conditions contained in such policies by the Lessee or any other Person, provided that, subject to the specific requirements of this Section 10, the coverage afforded the Additional Insureds shall not be broader than the coverage afforded the named insured. Each liability policy (A) shall be primary without right of contribution from any other insurance which is carried by the Lessor with respect to its interest as such in the Property or Equipment and (B) shall expressly provide that all of the provisions thereof, except the limits of liability, shall operate in the same manner as if there were a separate policy covering each insured.contribution

Appears in 1 contract

Samples: Lease Agreement (Potash Corporation of Saskatchewan Inc)

Additional Insureds; Notice. Any policies of insurance carried in accordance with this Section 10 and any policies taken out in substitution or replacement for any -39- 45 THIS LEASE AGREEMENT IS CONFIDENTIAL AND PROPRIETARY such policies (i) shall name the Lessor, XxxxxxxMerrxxx, Xxxxxxx XxxxxXxxcx, Xxxxxxx LeasingXxxsing, the general partner of the Lessor General Partner and its shareholders, officers and directors, the limited partners of the Lessor, and each Assignee as additional insureds, as their respective interests may appear (but without imposing upon any such Person any obligation imposed on the insured, including, without limitation, the liability to pay the premium for any such policy), (ii) with respect to insurance carried in accordance with the preceding paragraphs (b), (c)(i), (c)(iv), (c)(v) and (ec)(v) shall name the Assignee, if any, or the Lessor, if no Assignment assignment has been made, as loss payee, (iii) with respect to insurance carried in accordance with the preceding paragraphs (b), (c) and (ec), shall provide that as against the Lessor the insurers shall waive any rights of subrogation, (iv) shall provide that if the insurers cancel such insurance for any reason whatsoever, or any substantial change is made in the coverage or the same is allowed to lapse for nonpayment of premium or such insurance coverage is reduced, such cancellation, change, lapse or reduction shall not be effective as to the Lessor, XxxxxxxMerrxxx, Xxxxxxx XxxxxXxxcx, Xxxxxxx LeasingXxxsing, the general partner of the Lessor General Partner and its shareholders, officers and directors, the limited partners of the Lessor, or any Assignee for thirty (30) days after receipt by the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, or such Assignee, as the case may be, of written notice by such insurers of such cancellation, change, lapse or reduction, and (v) shall provide that in respect of the interest of the Lessor, XxxxxxxMerrxxx, Xxxxxxx XxxxxXxxcx, Xxxxxxx LeasingXxxsing, the general partner of the Lessor General Partner and its shareholders, officers and directors, the limited partners of the Lessor, and each Assignee in such policies the insurance shall not be invalidated by any action or inaction of the Lessee or any other Person (other than of the Lessor, XxxxxxxMerrxxx, Xxxxxxx XxxxxXxxcx, Xxxxxxx LeasingXxxsing, the general partner of the Lessor General Partner and its shareholders, officers and directors, the limited partners of the Lessor, or any such Assignee in respect of its own interest) and shall insure the interests of the Lessor, XxxxxxxMerrxxx, Xxxxxxx XxxxxXxxcx, Xxxxxxx LeasingXxxsing, the general partner of the Lessor General Partner and its shareholders, officers and directors, the limited partners of the Lessor, and each such Assignee, as they appear, regardless of any breach or violation of any warranties, declarations or conditions contained in such policies by the Lessee or any other Person. Each liability policy (A) shall be primary without right of contribution from any other insurance which is carried by the Lessor with respect to its interest as such in the Property or Equipment and (B) shall expressly provide that all of the provisions thereof, except the limits of liability, shall operate in the same manner as if there were a separate policy covering each insured.

Appears in 1 contract

Samples: Lease Agreement (Travelcenters of America Inc)

AutoNDA by SimpleDocs

Additional Insureds; Notice. Any policies policy of insurance carried in accordance with this Section 10 and any policies policy taken out in substitution or replacement for any such policies policy (i) shall name the LessorLandlord, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, each Site Landlord and the general partner mortgagee of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, Landlord and each Assignee Site Landlord (so long as Tenant has been provided written notice as to the name and other required information relating to any such mortgagee), as additional insuredsinsureds (the "Additional Insureds"), as their respective interests may appear (but without imposing upon any such Person any obligation imposed on the insured, including, without limitation, the liability to pay the premium for any such policy), (ii) with respect to insurance carried in accordance with the preceding paragraphs (b), (c)(id)(i), (c)(iv), (c)(vd)(iv) and (e) d)(v), shall name the Assignee, if any, or the Lessor, if no Assignment has been made, as loss payee, as their interests may appear, the Landlord, or as otherwise may be specifically required pursuant to a Site Lease or the Landlord's or any Site Landlord's mortgage, (iii) with respect to insurance carried in accordance with the preceding paragraphs (b), (c) and (ed), shall provide that as against the Lessor Landlord and all other Additional Insureds the insurers shall waive any rights of subrogation, subrogation and (iv) shall provide that that, if the insurers cancel such insurance for any reason whatsoever, or any substantial change is made in the coverage or the same is allowed to lapse for nonpayment of premium or such insurance coverage is reduced, such cancellation, change, lapse or reduction cancellation shall not be effective as to the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor Landlord and its shareholders, officers and directors, the limited partners of the Lessor, or any Assignee all other Additional Insureds for thirty (30) days after receipt by the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, or such Assignee, as the case may be, parties of written notice by such insurers of such cancellation, change, lapse or reduction, and (v) shall provide that in respect of the interest of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, and each Assignee in such policies the insurance shall not be invalidated by any action or inaction of the Lessee or any other Person (other than of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, or any such Assignee in respect of its own interest) and shall insure the interests of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, and each such Assignee, as they appear, regardless of any breach or violation of any warranties, declarations or conditions contained in such policies by the Lessee or any other Person. Each liability policy (A) shall be primary without right of contribution from any other insurance which is carried by the Lessor Landlord with respect to its interest as such in the a Theatre Property or Equipment Element thereof and (B) shall expressly provide that all of the provisions thereof, except the limits of liability, shall operate in the same manner as if there were a separate policy covering each insured.

Appears in 1 contract

Samples: Lease Agreement (Reading International Inc)

Additional Insureds; Notice. Any policies of insurance carried in accordance with this Section 10 and any policies taken out in substitution or replacement for any such policies (i) shall name the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, and each Assignee as additional insuredsinsureds (the "Additional Insureds"), as their respective interests may appear in relation to the Property and Equipment (but without imposing upon any such Person any obligation imposed on the insured, including, without limitation, the liability to pay the premium for any such policy), (ii) with respect to insurance carried in accordance with the preceding paragraphs (b), (c)(i), (c)(iv), (c)(v) and (ec)(iv) shall name the Assignee, if any, or the Lessor, if no Assignment has been made, as loss payee, (iii) with respect to insurance carried in accordance with the preceding paragraphs (b), (c) and (ec), shall provide that as against the Lessor the insurers shall waive any rights of subrogation; provided that the exercise by insurers of rights of subrogation derived from rights retained by the Lessee shall not in any way delay payment of a claim that would otherwise be paid by such insurers, (iv) shall provide that if the insurers cancel such insurance for any reason whatsoever, or any substantial sub- stantial change is made in the coverage or the same is allowed to lapse for nonpayment of premium or such insurance coverage is reduced, such cancellation, change, lapse or reduction shall not be effective as to the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, Additional Insureds or any Assignee loss payee for thirty ten (3010) days after receipt by the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, or such Assignee, as the case may be, any Assignee of written notice by such insurers of such cancellation, change, lapse or reduction, and (v) shall provide that in respect of the interest of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, and each Assignee Additional Insureds or any loss payee in such policies the insurance shall not be invalidated by any action or inaction of the Lessee or any other Person (other than of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, or any such Assignee an Additional Insured in respect of its own interest) and shall insure the interests of the Lessor, Xxxxxxx, Xxxxxxx Xxxxx, Xxxxxxx Leasing, the general partner of the Lessor and its shareholders, officers and directors, the limited partners of the Lessor, and each such Assignee, Additional Insureds or any loss payee as they appear, regardless of any breach or violation of any warranties, declarations or conditions contained in such policies by the Lessee or any other Person; provided that, subject to the specific requirements of this Section 10, the coverage afforded the Additional Insureds shall not be broader than the coverage afforded the named insured. Each liability policy (A) shall be primary without right of contribution from any other insurance which is carried by the Lessor with respect to its interest as such in the Property or Equipment and (B) shall expressly provide that all of the provisions thereof, except the limits of liability, shall operate in the same manner as if there were a separate policy covering each insured.

Appears in 1 contract

Samples: Lease Agreement (Potash Corporation of Saskatchewan Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.