Builder’s Risk. During construction work on the Property, Tenant shall procure and pay for a Builders Risk related to the contemplated construction activities reasonably acceptable to Landlord. Landlord shall be named as a loss payee with respect to its interest in the Property during construction.
Appears in 8 contracts
Samples: Lease Agreement (Power REIT), Lease Agreement (Power REIT), Lease Agreement (Power REIT)
Builder’s Risk. During construction work on the Property, Tenant shall procure and pay for a Builders Risk related to the contemplated construction activities reasonably acceptable to Landlord. Landlord shall be named as a loss payee with respect to its interest in the Property during construction.
Appears in 7 contracts
Samples: Lease Agreement (Millennium Investment & Acquisition Co Inc.), Lease Agreement (Power REIT), Lease Agreement (Power REIT)