Common use of Change in Limits Clause in Contracts

Change in Limits. If either party shall at any time deem the limits of the personal injury or property damage public liability insurance or malpractice insurance then carried by Tenant to be insufficient or excessive, the parties shall endeavor in good faith to agree promptly upon the proper and reasonable limits for such insurance to be carried, and such insurance shall thereafter be carried with the limits thus agreed upon until further change pursuant to the provisions of this Section.

Appears in 4 contracts

Samples: California Facilities Security Agreement (Iasis Healthcare Corp), Douglas Manor Lease (Unison Healthcare Corp), Safford Care Lease (Unison Healthcare Corp)

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Change in Limits. If either party shall at any time deem the limits of the personal injury or property damage public liability insurance or malpractice insurance then carried by Tenant to be insufficient or excessive, the parties shall endeavor in good faith to agree promptly upon the proper and reasonable limits for such insurance to be carried; provided that if the parties are unable to so agree, and such dispute shall be submitted to arbitration in accordance with the provisions of Section 29.14 hereof. Such insurance shall thereafter be carried with the limits thus agreed upon until further change pursuant to the provisions of this Section.

Appears in 1 contract

Samples: Lease and Security Agreement (Balanced Care Corp)

Change in Limits. If either party shall at any time deem the limits of the personal injury or property damage public liability insurance or incidental malpractice insurance then carried by Tenant to be insufficient or excessiveexcessive (based upon the limits customarily carried by operators/owners of facilities which are similar to the facility on the Property), the parties shall endeavor in good faith to agree promptly upon the proper and reasonable limits for such insurance to be carried, and such . Such insurance shall thereafter be carried with the limits thus agreed upon until further change pursuant to the provisions of this Section.

Appears in 1 contract

Samples: Lease (Alternative Living Services Inc)

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Change in Limits. If either party shall at any time deem the limits of the personal injury or property Property damage public liability insurance or malpractice insurance then carried by Tenant to be insufficient or excessive, the parties shall endeavor in good faith to agree promptly upon the proper and reasonable limits for such insurance to be carried, and such insurance shall thereafter be carried with the limits thus agreed upon until further change pursuant to the provisions of this Section.

Appears in 1 contract

Samples: __________ Lease (Emeritus Corp\wa\)

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