BUSINESS INCOME INSURANCE. The Owner, at the Owner’s option, may purchase and maintain such insurance as will insure the Owner against loss of use of the Owner’s property due to fire or other hazards, however caused. The Owner waives all rights of action against the Contractor for loss of use of the Owner’s property, including consequential losses due to fire or other hazards however caused.
BUSINESS INCOME INSURANCE. The Owner may procure and maintain insurance against loss of use of the Owner's property caused by fire or other casualty loss.
BUSINESS INCOME INSURANCE. Business income insurance shall be purchased, (A) covering all risks required to be covered by the insurance provided for Section (vi) above; (B) in the aggregate amount, for a period of 12 months following the insured against peril, of one hundred percent (100%) of all fixed rent and additional rent to be paid by Tenant hereunder; and (C) containing an extended period of indemnity endorsement which provides that after the physical loss to Tenant’s Property and Fixtures has been repaired, the continued loss of income will be insured for 360 days or until such income returns to the same level it was at prior to the loss, notwithstanding that the policy may expire prior to the end of such period.
BUSINESS INCOME INSURANCE. Business Income Insurance to be written on Special Form (and on Earthquake and Flood forms is such insurance for those risks is required) including Extra Expense, without a provision for co-insurance including an amount sufficient to pay at least eighteen (18) months of Rent for the benefit of Landlord, and at least eighteen months of Net Operating Income less Rent for the benefit of the Tenant.
BUSINESS INCOME INSURANCE. Business income insurance (formerly known as “business interruption insurance”) in an amount equal to the annual Rent for a twelve (12) month period.
BUSINESS INCOME INSURANCE. Business income is defined as (a) net income, net profit or loss from income taxes that would have been earned or incurred; and (b) continuing normal operating expenses, including payroll, incurred.
BUSINESS INCOME INSURANCE. Tenant shall carry business income and extra expense insurance with limits not less than one hundred percent (100%) of all charges payable by Tenant under this lease for a period of twelve (12) months.
BUSINESS INCOME INSURANCE. Business Income insurance insuring that all sums payable under this Lease, including but not limited to Rent, shall be paid to City if the Premises are destroyed by a peril which is insurable under a standard ISO Business Income coverage form or other form agreeable to the City.
BUSINESS INCOME INSURANCE. Business income insurance shall be purchased covering all risks required to be covered by the insurance provided for Section (v) above.
BUSINESS INCOME INSURANCE. Reserved.
