Common use of Business Personal Property Insurance Clause in Contracts

Business Personal Property Insurance. Subject to the availability of such coverage from NMPSIA, Charter School shall also carry and maintain Business Personal School Facility Insurance. Special form insurance for perils on all business personal property on the School Facility including fixtures, machinery and equipment installed by Charter School, and such other insurance as Foundation may require if available to Charter School by NMPSIA. Such insurance to be in an amount equal to one hundred percent (100%) of the insurable value thereof, if available by NMPSIA.

Appears in 2 contracts

Samples: Lease Purchase Arrangement, Lease Purchase Arrangement

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Business Personal Property Insurance. Subject to the availability of such coverage from NMPSIA, the Charter School shall also carry and maintain Business Personal School Facility Property Insurance. Special form insurance for perils on all business personal property on the School Facility Property including fixtures, machinery and equipment installed by the Charter School, and such other insurance as Foundation the Lessor may require if available to the Charter School by NMPSIA. Such insurance to be in an amount equal to one hundred percent (100%) of the insurable value thereof, if available by NMPSIA.

Appears in 1 contract

Samples: Lease Agreement

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Business Personal Property Insurance. Subject to the availability of such coverage from NMPSIA, the Charter School shall also carry and maintain Business Personal School Facility Insurance. Special form insurance for perils on all business personal property on the School Facility including fixtures, machinery and equipment installed by the Charter School, and such other insurance as the Foundation may require if available to the Charter School by NMPSIA. Such insurance to be in an amount equal to one hundred percent (100%) of the insurable value thereof, if available by NMPSIA.

Appears in 1 contract

Samples: Lease Agreement

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