Common use of Blanket Policy Clause in Contracts

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 35 contracts

Samples: Hotel Lease Agreement, Master Lease Agreement (Moody National REIT I, Inc.), Master Lease Agreement (Moody National REIT I, Inc.)

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Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. , Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or LessorLessee; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 9 contracts

Samples: Lease Agreement (Hersha Hospitality Trust), Lease Agreement (Hersha Hospitality Trust), Lease Agreement (Hersha Hospitality Trust)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. XIII, Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 XIII are otherwise satisfied.

Appears in 8 contracts

Samples: Lease Agreement (American Realty Capital Hospitality Trust, Inc.), Lease Agreement (American Realty Capital Hospitality Trust, Inc.), Lease Agreement (American Realty Capital Hospitality Trust, Inc.)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. XIII, Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 XIII are otherwise satisfied.

Appears in 8 contracts

Samples: Master Lease Agreement, Master Lease Agreement (Supertel Hospitality Inc), Master Lease Agreement (Supertel Hospitality Inc)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. , Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 5 contracts

Samples: Hotel Lease Agreement (Moody National REIT II, Inc.), Hotel Lease Agreement (Moody National REIT II, Inc.), Hotel Lease Agreement (Moody National REIT I, Inc.)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. XIII, Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor Lessor, Lessee and Lessee Manager will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 XIII are otherwise satisfied.

Appears in 4 contracts

Samples: Merger Agreement (American General Hospitality Corp), Purchase and Sale Agreement (Prime Hospitality Corp), Stock Purchase Agreement (Keystone Inc Et Al)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. XIII, Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or LessorLessee; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 XIII are otherwise satisfied.

Appears in 3 contracts

Samples: Consolidated Lease Agreement (Equity Inns Inc), Consolidated Lease Agreement (Equity Inns Inc), Lease Agreement (Equity Inns Inc)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. , Lessor (or Lessee or Lessor at Lessor's request) may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (Lessor or Manager) or LessorLessee, as the case may be; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 3 contracts

Samples: Master Hotel Agreement (Felcor Suite Hotels Inc), Lease Agreement (Bristol Hotels & Resorts Inc), Lease Agreement (Felcor Lodging Trust Inc)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. XIII, each of Lessee or and Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor, as the case may be; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 XIII are otherwise satisfied.

Appears in 2 contracts

Samples: Lease Agreement (Strategic Hotel Capital Inc), Lease Agreement (Strategic Hotel Capital Inc)

Blanket Policy. Notwithstanding anything to the contrary -------------- contained in this Article 13. XIII, Lessee or Lessor may bring the insurance ------------ provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 XIII are otherwise satisfied.. ------------

Appears in 2 contracts

Samples: Lease Agreement (Boston Properties Inc), Lease Agreement (Boston Properties Inc)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. XIII, Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 XIII are otherwise satisfied.

Appears in 2 contracts

Samples: Contract for Purchase and Sale of Hotels (Itt Corp /Nv/), Contract for Purchase and Sale of Hotels (Felcor Suite Hotels Inc)

Blanket Policy. Notwithstanding anything to the contrary contained in --------------- this Article 13. Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 2 contracts

Samples: Hotel Lease Agreement (Apple Suites Inc), Master Hotel Lease Agreement (Apple Hospitality Two Inc)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. , Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; , provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 2 contracts

Samples: Lease Agreement (Sunstone Hotel Investors, Inc.), Lease Agreement (Hammons John Q Hotels Inc)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. XIII, Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessorby manager at Lessee’s direction; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 XIII are otherwise satisfied.

Appears in 2 contracts

Samples: Lease Agreement (MHI Hospitality CORP), Lease Agreement (MHI Hospitality CORP)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. ARTICLE XIII, Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (Lessee, Lessor, Manager or Manager) or LessorSubmanager; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 ARTICLE XIII are otherwise satisfied.

Appears in 1 contract

Samples: Lease Agreement (Interstate Hotels Management Inc)

Blanket Policy. Notwithstanding anything to the contrary contained -------------- in this Article 13. XIII, Lessee or Lessor may bring the insurance provided for ------------ herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 XIII are otherwise satisfied.. ------------

Appears in 1 contract

Samples: Master Lease Agreement (Humphrey Hospitality Trust Inc)

Blanket Policy. Notwithstanding anything to the contrary contained in -------------- this Article 13. Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 1 contract

Samples: Master Hotel Lease Agreement (Apple Hospitality Two Inc)

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Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. Lessee or , Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 1 contract

Samples: Lease Agreement (Summit Hotel OP, LP)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article ARTICLE 13. , Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article ARTICLE 13 are otherwise satisfied.

Appears in 1 contract

Samples: Lease Agreement (Capital Lodging)

Blanket Policy. Notwithstanding anything to the contrary -------------- contained in this Article 13. Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 1 contract

Samples: Hotel Lease Agreement (Apple Suites Inc)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. , Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-so- called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or LessorLessee; provided, however, that the coverage afforded to Lessor and Lessee will not be -------- ------- reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 1 contract

Samples: Lease Agreement (Hersha Hospitality Trust)

Blanket Policy. Notwithstanding anything to the contrary contained in -------------- this Article 13. XIII, Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 XIII are otherwise satisfied.

Appears in 1 contract

Samples: Lease Agreement (Humphrey Hospitality Trust Inc)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. XIII, Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; , provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 XIII are otherwise satisfied.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sunstone Hotel Investors Inc)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. , Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or LessorLessee; provided, however, that the coverage afforded to Lessor and Lessee will not 48 55 be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 1 contract

Samples: Lease Agreement (Innkeepers Usa Trust/Fl)

Blanket Policy. Notwithstanding anything to the contrary -------------- contained in this Article 13. XIII, Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor Lessor, Lessee and Lessee Manager will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 XIII are otherwise satisfied.

Appears in 1 contract

Samples: Lease Agreement (American General Hospitality Corp)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. , Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or Lessor; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 1 contract

Samples: Lease Agreement (Humphrey Hospitality Trust Inc)

Blanket Policy. Notwithstanding anything to the contrary contained in this Article 13. , Lessee or Lessor may bring the insurance provided for herein within the coverage of a so-so- called blanket policy or policies of insurance carried and maintained by Lessee (or Manager) or LessorLessee; provided, however, that the coverage afforded to Lessor and Lessee will not be reduced or diminished or otherwise be different from that which would exist under a separate policy meeting all other requirements of this Lease by reason of the use of such blanket policy of insurance, and provided further that the requirements of this Article 13 are otherwise satisfied.

Appears in 1 contract

Samples: Lease Agreement (Hersha Hospitality Trust)

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