Common use of Blanket Insurance Coverage Clause in Contracts

Blanket Insurance Coverage. Nothing in this Article 8 shall prevent -------------------------- --------- Landlord or Tenant from obtaining insurance of the kind and in the amount provided for under this Article 8 under a blanket insurance policy or policies --------- (evidence thereof reasonably satisfactory to the other party shall be delivered to the other party by the insuring party) which may cover other properties owned or operated by the insuring party as well as the Demised Premises; provided, however, that any such policy of blanket insurance of the kind -------- ------- provided for shall (i) specify therein the amounts thereof exclusively allocated to the Demised Premises or the insuring party shall furnish the other party and the holder of any fee mortgage with a written statement from the insurers under such policies specifying the amounts of the total insurance exclusively allocated to the Demised Premises, and (ii) not contain any clause which would result in the insured thereunder being required to carry any insurance with respect to the property covered thereby in an amount not less than any specific percentage of the Full Replacement Cost of such property in order to prevent the insured therein named from becoming a co-insurer of any loss with the insurer under such policy; and provided further, however, that such policies of blanket -------- ------- ------- insurance shall, as respects the Demised Premises, contain the various provisions required of such an insurance policy by the foregoing provisions of this Article 8. ---------

Blanket Insurance Coverage. Nothing in this Article 8 VI shall prevent -------------------------- --------- Landlord or Tenant from obtaining taking out insurance of the kind and in the amount provided for under the preceding paragraphs of this Article 8 VI under a blanket insurance policy or policies --------- (evidence and certificates thereof reasonably satisfactory to the other party Landlord shall be delivered to the other party by the insuring partyLandlord) which may cover other properties owned or operated by the insuring party Tenant as well as the Demised Premises; provided, however, that any such policy of blanket insurance of the kind -------- ------- provided for shall (ia) specify therein the amounts thereof exclusively allocated to the Demised Premises (or the insuring party Tenant shall furnish the other party Landlord and the holder of any fee mortgage with a written statement from the insurers under such policies specifying the amounts of the total insurance exclusively allocated to the Demised Premises), and (iib) not contain any clause which would result in the insured thereunder being required to carry any insurance with respect to the property covered thereby in an amount not less than any specific percentage of the Full Replacement Cost of such property in order to prevent the insured therein named from becoming a co-insurer of any loss with the insurer under such policy; and provided furtherfurther provided, however, that such policies of blanket -------- ------- ------- insurance shall, as respects the Demised Premises, contain the various provisions required of such an insurance policy by the foregoing provisions of this Article 8. ---------VI.

Blanket Insurance Coverage. Nothing in this Article 8 VI shall prevent -------------------------- --------- Landlord or Tenant from obtaining taking out insurance of the kind and in the amount provided for under the preceding paragraphs of this Article 8 VI under a blanket insurance policy or policies --------- (evidence and certificates thereof reasonably satisfactory to the other party Landlord shall be delivered to the other party by the insuring partyLandlord) which may cover other properties owned owned, leased or operated by the insuring party Tenant as well as the Demised Premises; provided, however, that any such policy of blanket insurance of the kind -------- ------- provided for shall (ia) specify therein the amounts thereof exclusively allocated to the Demised Premises (or the insuring party Tenant shall furnish the other party Landlord and the holder of any fee mortgage with a written statement from the insurers under such policies specifying the amounts of the total insurance exclusively allocated to the Demised PremisesPromises), and (ii) M not contain any clause which would result in the insured thereunder being required to carry any insurance with respect to the property covered thereby in an amount not less than any specific percentage of the Full Replacement Cost of such property in order to prevent the insured therein named from becoming a co-insurer of any loss with the insurer under such policy; and provided furtherfurther provided, however, that such policies of blanket -------- ------- ------- insurance shall, as respects the Demised Premises, contain the various provisions required of such an insurance policy by the foregoing provisions of this Article 8. ---------VI.

Blanket Insurance Coverage. Nothing in this Article 8 shall prevent -------------------------- --------- Landlord or Tenant from obtaining taking out insurance of the kind and in the amount provided for under the preceding Sections of this Article 8 under a blanket insurance policy or policies --------- (evidence thereof reasonably satisfactory to the other party Landlord shall be delivered to the other party by the insuring partyLandlord) which may cover other properties owned or operated by the insuring party Tenant as well as the Demised Premises; provided, however, that any such policy -------- of blanket insurance of the kind -------- ------- provided for shall (i) specify therein the amounts thereof exclusively allocated to the Demised Premises or the insuring party Tenant shall furnish the other party Landlord and the holder of any fee mortgage with a written statement from the insurers under such policies specifying the amounts of the total insurance exclusively allocated to the Demised Premises, and (ii) not contain any clause which would result in the insured thereunder being required to carry any insurance with respect to the property covered thereby in an amount not less than any specific percentage of the Full Replacement Cost of such property in order to prevent the insured therein named from becoming a co-insurer of any loss with the insurer under such policy; and provided further, however, that ---------------- such policies of blanket -------- ------- ------- insurance shall, as respects the Demised Premises, contain the various provisions required of such an insurance policy by the foregoing provisions of this Article 8. ---------Article.

Blanket Insurance Coverage. Nothing in this Article 8 VI shall --------------------------- prevent -------------------------- --------- Landlord or Tenant from obtaining taking out insurance of the kind and in the amount provided for under the preceding paragraphs of this Article 8 VI under a blanket insurance policy or policies --------- (evidence and certificates thereof reasonably satisfactory to the other party Landlord shall be delivered to the other party by the insuring partyLandlord) which may cover other properties owned owned, leased or operated by the insuring party Tenant as well as the Demised Premises; provided, however, that any such policy of blanket insurance of the kind -------- ------- provided for shall (ia) specify therein the amounts thereof exclusively allocated to the Demised Premises (or the insuring party Tenant shall furnish the other party Landlord and the holder of any fee mortgage with a written statement from the insurers under such policies specifying the amounts of the total insurance exclusively allocated to the Demised Premises), and (iib) not contain any clause which would result in the insured thereunder being required to carry any insurance with respect to the property covered thereby in an amount not less than any specific percentage of the Full Replacement Cost of such property in order to prevent the insured therein named from becoming a co-co- insurer of any loss with the insurer under such policy; and provided furtherfurther provided, however, that such policies of blanket -------- ------- ------- insurance shall, as respects the Demised Premises, contain the various provisions required of such an insurance policy by the foregoing provisions of this Article 8. ---------VI.

Blanket Insurance Coverage. Nothing in this Article 8 shall prevent -------------------------- --------- Tenant or Landlord or Tenant from obtaining taking out insurance of the kind and in the amount provided for under the preceding Sections of this Article 8 under a blanket insurance policy or policies --------- (evidence thereof reasonably satisfactory to the other party shall be delivered to the other party by the insuring party) which may cover other properties owned or operated by the insuring party as well as the Demised Premises; provided, however, that any such policy of blanket insurance of the kind -------- ------- provided for shall (i) specify therein the amounts thereof exclusively allocated to the Demised Premises or the insuring party shall furnish the other party and the holder of any fee mortgage with a written statement from the insurers under such policies specifying the amounts of the total insurance exclusively allocated to the Demised Premises, and (ii) not contain any clause which would result in the insured thereunder being required to carry any insurance with respect to the property covered thereby in an amount not less than any specific percentage of the Full Replacement Cost of such property in order to prevent the insured therein named from becoming a co-insurer of any loss with the insurer under such policy; and provided further, however, that such policies of blanket -------- ------- ------- insurance shall, as respects the Demised Premises, contain the various provisions required of such an insurance policy by the foregoing provisions of this Article 8. ---------Article.