All Risk Coverage Sample Clauses
All Risk Coverage. During the Lease Term, Landlord shall maintain, at Tenant’s expense, insurance covering loss or damage to the Premises (excluding Tenant’s Alterations, fixtures, equipment and personal property), insuring against any or all risks of physical loss (and including, at Landlord’s option, flood and earthquake coverage), with the scope and amounts of such coverage as are determined by Landlord. Said insurance shall provide for payment of loss thereunder to Landlord or to the holder of a first mortgage or deed of trust on the Premises. Landlord may also maintain during the Lease Term, at Tenants expense, a policy of rental income insurance covering a period of eighteen (18) months, with loss payable to Landlord.
All Risk Coverage. At all times during the Term, Landlord shall procure and maintain in full force and effect with respect to the Project, a policy or policies of all risk insurance (including sprinkler, vandalism and malicious mischief coverage, and any other endorsements required by the holder of any fee or leasehold mortgage) in an amount equal to one hundred percent (100%) of the full replacement value (replacement cost new, including debris removal, and demolition) thereof and any other insurance Landlord reasonably deems necessary, including, but not limited to, boiler and machinery insurance. If the annual premiums charged Landlord for such casualty insurance exceed the standard premium rates because the nature of Tenant's operations results in increased exposure, then Tenant shall, upon receipt of appropriate premium invoices, reimburse Landlord for such increased amount. Landlord shall also keep and maintain, by endorsement to its all risk insurance or by a separate policy , rental abatement insurance insuring against abatement or loss of Rent in case of fire or other casualty insured against by a standard "all risk" policy, in an amount at least equal to the amount of the Rent payable by Tenant during one (1) year next ensuing, as reasonably determined by Landlord. At all times during the Term, Tenant shall procure, pay for and maintain in full force and effect a similar policy of insurance, naming Landlord and Managing Agent as an additional insured with respect to property of every description and kind owned by Tenant upon the Premises or the Building, or for which Tenant is legally liable, including, without limitation, trade fixtures, furniture, equipment and other personal property, and all tenant improvements owned or installed by or on behalf of Tenant (but not with respect to those owned constructed by and owned by Landlord and defined in the Work Letter as Tenant's Improvement Work) insuring one hundred percent (100%) of the full replacement value of said property and tenant improvements. Any policy proceeds shall be used for the repair and replacement of the property damaged or destroyed unless this Lease shall cease and terminate under the provisions on excessive damage or destruction set forth in Section 10.04
All Risk Coverage. The Builder's All‐Risk Policy must cover: (i) losses arising from causes that include, without limitation, fires, windstorms, lightening, explosions, theft, earth movement, collapse, and water damage; (ii) costs associated with clean‐up, demolition, repair or other correction of covered losses, including, without limitation, fees for necessary architectural, engineering and other professional services; and (iii) all ensuing or consequential losses attributable to causes of loss excluded under the Builder's All‐Risk Policy, including, without limitation, faulty design or workmanship. The Builder's All‐Risk Policy must be endorsed for extended coverage, vandalism, malicious mischief, and theft, including theft of materials not then incorporated into the Work. Any exclusion of losses attributable to faulty design or workmanship shall not exceed the total costs the District would have incurred to repair or otherwise correct the fault if it had been discovered prior to the loss having occurred.
All Risk Coverage. Tenant shall provide insurance coverage during the Term against loss or damage by fire and such other risks as are from time to time included in an “all risk” policy (including without limitation sprinkler leakage and water damage), insuring the full replacement cost of any Tenant Extra Improvements, any Alterations and Tenant’s Personal Property.
All Risk Coverage. During the Lease Term, Landlord shall maintain insurance covering loss or damage to the Premises (excluding Tenant’s Alterations, fixtures, equipment and personal property), insuring against any or all risks of physical loss (and including, at Landlord’s option, flood and earthquake coverage), at full replacement cost. Said insurance shall provide for payment of loss thereunder to Landlord or to the holder of a first mortgage or deed of trust on the Premises. Landlord may also maintain during the Lease Term a policy of rental income insurance covering a period of one (1) year, with loss payable to Landlord.
All Risk Coverage. Builder’s Risk shall provide “All Risk” coverage on a replacement cost basis subject to standard exclusions, property limitations and conditions. Such insurance shall include the interests of the Authority, the Contractor , and any enrolled Subcontractor of any tier providing direct labor on the Project Site, with the following terms: Primary Limit: $150,000,000 Sublimits: Transit: $ 5,000,000 any one conveyance Offsite Storage: $ 5,000,000 any one location
All Risk Coverage. Landlord shall procure and maintain during the Term "all risk" property insurance with respect to the Buildings and the Common Areas including coverage for earthquake damage. The coverage shall be in an amount equal to one hundred percent (100%) (50% for earthquake) of the full insurance replacement value (replacement cost new, including debris removal and demolition but excluding footings, excavation and Tenant's improvements, furniture, fixtures and equipment).
All Risk Coverage. (a) Landlord's Insurance. Landlord shall procure and maintain during -------------------- the Term "all risk" property, fire, extended coverage, and special extended coverage insurance with respect to the Building, with such coverage as Landlord may elect including, without limitation, earthquake and flood coverage, hazardous materials endorsement, inflation endorsement, sprinkler leakage endorsement, and boiler and machinery coverage, in such amounts as Landlord may elect. Landlord shall have no obligation to insure Tenant's personal property. If the annual premiums charged Landlord for such insurance exceed the standard premium rates because the nature of Tenant's operations results in increased exposure, then Tenant shall, upon receipt of an invoice, reimburse Landlord for such increased amount as Additional Rent.
All Risk Coverage. The Tenant, without expense to the Landlord, shall obtain and keep in force or cause to be obtained and kept in force throughout the Term All Risk property insurance, including coverage for floods and earthquakes, and such other coverage as the Landlord may reasonably require, on all buildings, improvements and equipment located on the Lands and Premises. The amount of such insurance shall be the full replacement value of all buildings, improvements and equipment on the Lands and Premises. Without limiting the generality of the foregoing, the Tenant waives as against the Landlord, and those for whom it is responsible in law, each claim and demand of every nature whatsoever for damage, loss or injury to the buildings, improvements and equipment upon the Lands and Premises and to property of the Tenant in, upon or about the Lands and Premises which shall be caused by or result from fire or other perils, events or happenings which ought to have been covered by insurance pursuant to this paragraph whether or not such claim or demand is covered by insurance.
All Risk Coverage. City shall, at its sole cost and expense, maintain during the entire term of this Lease, and any renewals or extensions thereof, all-risk property insurance covering the building and other improvements on the Premises providing protection against any peril generally included within the classification of “Fire and Extended Coverage”. Museum agrees to assume the City’s deductible for this coverage, not to exceed five thousand dollars ($5,000.00) per claim. Museum agrees to maintain, at Museum’s expense, an insurance policy to insure the contents and non-attached tenant improvements ("personal property") acquired or maintained by the Museum throughout the term of this Lease or any extension thereof.