Crop Insurance. With respect to the Saskatchewan Crop Insurance program, the tenant has the option to take a Crop Insurance contract and in so doing shall absorb the total cost of coverage and receive all the benefits.
Crop Insurance. Insurance Agent Name Insurance Agent Phone Number Insurance Agent Address City State Zip
Crop Insurance. There is currently in effect crop insurance with respect to crops on the Premises. Tenant shall maintain such crop insurance in effect and shall maintain at all times crop insurance for crops on the Premises. Upon Tenant’s termination of this Lease it shall keep in place crop insurance for the following crop year.
Crop Insurance. Grower shall list Buyer as an additional named insured on Grower’s crop insurance policy.
Crop Insurance. Lessee shall purchase and maintain CAT federal crop insurance, if available, insuring loss of production or value for all crops grown on the Chowchilla and KG Properties. On the Stella Property, Lessee shall purchase and maintain, if available, CAT federal crop insurance on all crops except pistachios for which Lessee shall purchase and maintain a coverage level no less than sixty-five percent (65%) of the approved actual production or value history, as applicable. Lessee may purchase additional crop insurance at Lessee's sole discretion. In the event any crop insurance claims are paid, the crop insurance awards shall be paid directly to the insured and such crop insurance proceeds shall be included in determining the Gross Revenue. In the event that Lessor and Lessee mutually determine not to purchase and maintain crop insurance, or that crop insurance is not available on terms which are economically reasonable for any particular Crop Year, then upon written consent by Lessor, Lessee shall have no obligation to obtain crop insurance under this Section 3.5. In the event Lessor, in its sole discretion, elects to pay for incremental coverage above the Coverage Percentage, one hundred percent (100%) of the crop insurance proceeds attributable to the increased coverage for which Lessor has paid the premium shall be paid to Lessor.
Crop Insurance. With respect to the Saskatchewan Crop Insurance Program, the tenant has the option to take out an insurance contract and in so doing shall absorb the total cost of coverage and receive all the revenue from any claim. Note that if the landlord and tenant wish to jointly share in the benefits of production insurance, a separate agreement should be drafted to address this arrangement – again, consult a lawyer.
Crop Insurance. With respect to the Saskatchewan Crop Insurance program, the landlord and tenant agree to insure jointly by sharing in the cost of premiums and share in any claim, with costs and benefits shared in the same proportion as their share of crop. Coverage shall consist of the following (crop, level and amount): With respect to the Saskatchewan Crop Insurance program, the landlord and tenant agree that either the landlord or the tenant can take the Crop Insurance contract and in so doing shall absorb the total cost of coverage and receive all the benefits.
Crop Insurance. Lessee and Lessor understand and agree that Lessee will at their sole discretion, apply for and obtain Federal crop insurance at the minimum level for any and all crops on the leased grove during the term of the lease. Lessor understands that the crop insurance is purchased by the Lessee and therefore any claim of damages will belong to Lessee solely and does not transfer with the grove once the lease is terminated. If the lessee decides to acquire additional crop insurance Lessee will notify Lessor at the time. This addendum applies to the entire term of the lease and any options thereafter.
Crop Insurance. The City and the Tenant shall each be responsible for paying and maintaining crop damage (optional) insurance.
Crop Insurance. The tenant has the option to take out an insurance contract and in so doing shall absorb the total cost of coverage and receive all the revenue from any claim. Note that if the landlord and tenant wish to jointly share in the benefits of production insurance, a separate agreement should be drafted to address this arrangement , consult a lawyer.
