Covenant to Insure. The Landlord covenants with the Tenant to insure the Premises unless the insurance is vitiated by any act of the Tenant or by anyone at the Premises expressly or by implication with his authority and under his control
Covenant to Insure. The Mortgagor shall forthwith insure against loss or damage by fire, and such other hazards as shall be required by the Mortgagee, all in accordance with the Credit Agreement and the other Loan Documents.
Covenant to Insure. The Mortgagor will, so long as any moneys shall remain due on the security of these presents, keep all the buildings and other structures (exclusive of the plinth and foundation thereon hereby granted or expressed so to be. insured In some well-known and reasonable Fire Insurance Company to be selected or approved of by the Mortgagees against loss or damage by fire and riot in the sum equal to the full value of the Mortgage security but in the sum of Rs... at least for the sole benefit of the Mortgagees and pay all the premium and sums of moneys necessary for such purpose including the renewal of such policy at least eight days before the day on which the same respectively ought to be paid and will on demand deliver to the Mortgagees the policy or policies of such insurance and the receipt for every such payment duly endorsed and assigned with the full benefit thereof in favour of the mortgagees AND that the Mortgagor will not at any time hereafter during the continuance of any such insurance as aforesaid do any act or commit any default whereby the said Insurance may be rendered void or voidable or an increased premium become payable therefor AND shall and will in case at any time during the continuance of this security the said insurance shall by any means become void or voidable forthwith at his own costs, effect new insurance in lieu of such void or voidable insurance in the name of the Mortgagees In some office to be approved of by the Mortgagees in the same sum as aforesaid AND that if default shall be made In Insuring or keeping the said premises insured as aforesaid then and so often as the same shall happen it shall be lawful (but not obligatory) for the Mortgagees on giving 24 hours' notice, to insure and keep insured the mortgaged premises in any sum not exceeding the full value of the mortgage security AND that the. Mortgagor will on demand repay to the Mortgagees every sum of money expended for that purpose by them with interest thereon at the rate and with the rests as aforesaid from the time of the same respectively having been so expended and that until such repayment the same shall be a charge upon the mortgaged premises hereby granted, or expressed so to be and that all sums of money received under or by virtue of any such insurance as aforesaid shall be. at the option of the Mortgagees, either forthwith applied in or towards substantially rebuilding reinstating and repairing the said mortgaged premises or any part thereof or in or toward...
Covenant to Insure. The Landlord shall insure and keep insured the Demised Premises (but excluding the Tenant's goods properties, effects, fittings, fixtures and any alterations, renovations or additions to the Demised Premises effected or executed by the Tenant pursuant to this Agreement) against loss or damage by fire and such other risks as the Landlord at its absolute discretion deem it and shall pay all premium necessary for that purpose.
Covenant to Insure. 5.1.1 The Tenant covenants with the Landlord to insure the Premises and keep them in- sured in accordance with the provisions of clause 5.2 and clause 5.3 of this Lease unless the insurance is vitiated by any act of the Landlord or by anyone at the Prem- ises expressly or by implication with the Landlord’s authority and under its control.
Covenant to Insure. The Borrower covenants and agrees that it will, with an insurer acceptable to the Lender, insure, keep insured or cause to be insured and kept insured, all insurable property forming part of the Lender’s security with operating, building and fire insurance with limits in such amounts as the Lender may from time to time reasonably require, with loss payable to the Lender as first mortgagee by way of an Insurance Bureau of Canada approved mortgage clause acceptable to the Lender.
Covenant to Insure. The Charging Company shall ensure that its insurance is such that the insurance covenants contained in clause 6.8 of the Loan Agreement are complied with.
Covenant to Insure. To insure the Demised Premises against loss or damage by fire and to pay all premium necessary for that purpose. PROVIDED ALWAYS that nothing herein implies that any insurance so taken by the Landlord shall cover the furniture, fittings, fixtures, stock-in-trade and goods of the Tenant in the Demised Premises which shall be covered separately by the Tenant AND PROVIDED FURTHER that if any act or default of the Tenant, its servant or agents results in any increase in the insurance premium payable on the insurance policy in respect of the Demised Premises such increase shall be borne and paid for solely by the Tenant;
Covenant to Insure. 3.1 The Landlord will insure and keep insured with a reputable insurance office:
3.1.1 the Cinema for the Full Reinstatement Cost against loss or damage by the Insured Risks and (if required by the Landlord) not less than three years loss of rent from time to time payable or reasonably estimated by the Landlord to be payable under this Lease; and
3.1.2 any liability of the Landlord to third parties arising out of, or relating to, the Cinema against which the Landlord may from time to time (acting reasonably) decide to insure.
3.2 The Landlord’s obligations in paragraph 3.1 do not apply:
3.2.1 to the extent that the insurance is vitiated in whole or in part by any act or omission of the Tenant or its servants agents licensees or invitees; or
3.2.2 to any Tenant’s fixtures and fittings.
3.3 The Landlord is deemed to have fulfilled its responsibility under this Lease as to insurance even if the insurance for the time being in force is subject to excesses exclusions and conditions that are not abnormal in the market at the time.
3.4 The Landlord will not be responsible for effecting any insurance under the provisions of this Lease against a peril which is for the time being uninsurable or which can only be insured at a premium which in the opinion of the Landlord is excessive.
Covenant to Insure. Liability 16 Section 7.8 Covenant Regarding Worker’s Compensation 16 Section 7.9 Application of Casualty Insurance Proceeds 16 Section 7.10 Eminent Domain 16 Section 7.11 Flood Insurance 16 ARTICLE VIII EVENTS OF DEFAULT AND REMEDIES 17 Section 8.1 Events of Default Defined 17 Section 8.2 Remedies on Default 17 Section 8.3 Appointment of Receiver 17 Section 8.4 No Remedy Exclusive 18 Section 8.5 Consent to Powers of the Authority under the Act 18 Section 8.6 Waivers 18 Section 8.7 Agreement to Pay Attorneys’ Fees and Expenses 18 ARTICLE IX MISCELLANEOUS PROVISIONS 18 Section 9.1 Approval not to be Unreasonably Withheld 18 Section 9.2 Approval 18 Section 9.3 Effective Date 18 Section 9.4 Binding Effect 18 Section 9.5 Severability 18 Section 9.6 Assignability 19 Section 9.7 Execution in Counterparts 19 Section 9.8 Applicable Law 19 Section 9.9 Captions 19 Section 9.10 Interpretation 19 SIGNATURE PAGE ................................................................................................................................ S-1 EXHIBIT A – LOAN SPECIFICS ........................................................................................................... A-1 EXHIBIT B – SCHEDULE OF SERVICE CHARGES B-1 EXHIBIT C – FORM OF AUTHORIZING ACTION ............................................................................. C-1 EXHIBIT D – FORM OF LEGAL OPINION.......................................................................................... D-1 EXHIBIT E – LOAN TERM SCHEDULE .............................................................................................. E-1 EXHIBIT F – ADDITIONAL COVENANTS AND AGREEMENTS .................................................... F-1 This ASSISTANCE AGREEMENT (this “Assistance Agreement”) is made and entered into as of the date set forth on the cover page hereof, by and between the KENTUCKY INFRASTRUCTURE AUTHORITY, a body corporate and politic, constituting a public corporation and governmental agency and instrumentality of the Commonwealth of Kentucky (the “Authority”) and the Governmental Agency identified on the cover page of this Assistance Agreement (the “Borrower”):
