Damage Not Covered by Insurance Sample Clauses

Damage Not Covered by Insurance. Proceeds‌ Casualty damage to Airport property which exceeds the proceeds of insurance, or is not covered by insurance, or is below the deductible of the insurance, which property must be rebuilt or replaced in order to satisfy Port obligations or to maintain required Revenues.
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Damage Not Covered by Insurance. (a) If the Vehicle is Damaged whilst under your control and the Damage is not covered by the Vehicle Insurance, you must pay the following to us: (i) if the Vehicle is, in our sole opinion, (A) repairable, the costs to repair the Vehicle; or (B) not repairable, the value of the Vehicle prior to being Damaged; and (ii) our loss of profits at the Hire Rate multiplied by the number of weeks or part thereof while the Vehicle or its replacement is off the road.
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Damage Not Covered by Insurance. If, during the term of this Lease, Tenant's Building or any other improvements located on the Leased Land shall be damaged or destoyed by a clause or casualty not covered by the insurance Tenant is required to maintain pursuant to Article 14 hereinabove to the extent of twenty-five percent (25%) or more of the monetary value thereof, then by written notice to Tenant within thrity (30) days after the date of such damage or destruction, Xxxdlord may elect to terminate this Lease. However, if Landlord gives notice of termination to Tenant, this Lease shall not be so terminated if the Tenant shall, within thirty (30) days after receipt of such notice, give written notice to Landlord of Tenant's Building and improvements. In such event, Tenant shall, at its sole expense, provide the funds necessary therefor and shall thereafter promptly and diligently repair and restore the Leased Premises to the same extent required in section 14.1
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Damage Not Covered by Insurance. If, during the initial term of this lease or any extension thereof, the leased premises shall be damaged or destroyed by a cause or casualty not covered by the insurance Tenant is required to maintain pursuant to Section 14 hereinabove to the extent of thirty percent (30%) or more of the monetary value thereof, then by written notice to the other party within thirty (30) days after the date of such damage or destruction either party may elect to terminate this lease or to cause the repair and restoration of the premises at the sole cost and expense to the party electing to cause such repair or restoration. However, if either party gives notice of termination to the other, this lease shall not be so terminated if the other party shall, within thirty (30) days after receipt of such notice, give written notice to the terminating party of said other party's election to cause the repair and restoration of the leased premises. The party electing to cause the repair and restoration shall, at its sole expense, provide the funds necessary therefor and shall thereafter promptly and diligently repair and restore the leased premises to the same extent required in Section 15.1
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Damage Not Covered by Insurance. If the Premises are totally or substantially destroyed by a risk not covered by and not required to be covered by insurance, then either Party may at its option elect to terminate this Lease by giving written notice to the other Party within fifteen (15) days after determining the replacement cost; provided, however, that in such event this Lease shall not terminate if the non- terminating Party shall, within thirty (30) days after receipt of such notice give written notice to the terminating Party of its election to cause the repair and restoration of the Premises, as applicable, at its cost. In such event, the Party electing to cause the repair and restoration shall, at its sole expense, provide the funds necessary therefore and shall thereafter promptly and diligently repair and restore the Premises. Each Party agrees in such event to assign all insurance proceeds to the Party electing to make the repairs. As used herein, the term “
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Damage Not Covered by Insurance. If the Premises is damaged or destroyed by fire or other peril not covered by hazard insurance, Landlord may, at its sole option: (i) commence repair and reconstruction of the Premises, in which event the Lease shall continue in full force and effect and the Rent payable hereunder shall not xxxxx during such repair and restoration, except for an equitable adjustment of the Basic Rent to DocuSign Envelope ID: 3A472526-95BF-43A4-81B reflect space that is not usable to Tenant during the repair; or (ii) elect to terminate the Lease by providing Tenant with written notice of such termination within thirty (30) days after the date of such damage or destruction, which notice shall specify a termination date not less than thirty (30) days after the giving of such notice. If the cause of the fire or other peril is the negligence of Tenant or Tenant’s employees, agents, licensees or invitees, Tenant shall be responsible for the costs of any repairs and reconstruction.
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Related to Damage Not Covered by Insurance

  • Contractor's Liability Insurance 11.1.1. Contractor shall maintain such insurance as will protect Contractor from claims set forth below which may arise out of or result from Contractor's operations under the Contract and for which Contractor may be legally liable, whether such operations be by Contractor or a Subcontractor, or by anyone directly or indirectly employed by any of them, or by anyone for whose acts any of them may be liable: .1 claims under workers' compensation, disability benefit and other similar employee benefit acts which are applicable to the Work to be performed; .2 claims for damages because of bodily injury, occupational sickness or disease, or death of Contractor's employees; .3 claims for damages because of bodily injury, sickness, disease or death of any person other than employees of Contractor or a Subcontractor or by anyone directly or indirectly employed by any of them in connection with the Work; .4 claims for damages, other than to the Work itself, because of injury to or destruction of tangible property, including loss of use resulting therefrom; and .5 claims for damages because of bodily injury, death of a person or property damage arising out of ownership, maintenance or use of a motor vehicle. Such insurance need not cover acts of terrorism, mold or microorganisms or completed operations to the extent that such coverage is not available on commercially reasonable terms. 11.1.2. The insurance required by Subparagraph 11.1.1 shall be written for not less than limits of liability specified in the Contract Documents or required by law, whichever coverage is greater. Coverages shall be written on an occurrence basis. All coverages shall be maintained without interruption from date of commencement of the Work until date of final payment and any additional period specified by any Contract Document for coverage required to be maintained after final payment. 11.1.3. Certificates of insurance shall be filed with Owner prior to commencement of the Work. These certificates and the insurance policies required by this Paragraph 11.1 shall contain a provision that coverages afforded under the policies will not be canceled or materially modified until at least 20 days' prior written notice has been given to Owner. Information concerning reduction of coverage on account of revised limits shall be furnished by Contractor with reasonable promptness in accordance with Contractor's information and belief.

  • The Commercial General Liability Insurance, Comprehensive Automobile Liability Insurance and Excess Public Liability Insurance policies, if written on a Claims First Made Basis, shall be maintained in full force and effect for two (2) years after termination of this LGIA, which coverage may be in the form of tail coverage or extended reporting period coverage if agreed by the Parties.

  • General Liability Insurance The Contractor must secure and maintain Commercial General Liability Insurance, including bodily injury, property damage, products, personal and advertising injury, and completed operations. This insurance must provide coverage for all claims that may arise from performance of the Contract or completed operations, whether by the Contractor or anyone directly or indirectly employed by the Contractor. Such insurance must include the State of Florida as an additional insured for the entire length of the resulting contract. The Contractor is responsible for determining the minimum limits of liability necessary to provide reasonable financial protections to the Contractor and the State of Florida under the resulting contract.

  • LESSEE'S LIABILITY INSURANCE The LESSEE shall maintain with respect to the leased premises and the property of which the leased premises are a part comprehensive public liability insurance in the amount of $1,000,000.00 with property damage insurance in limits of $1,000,000.00 in responsible companies qualified to do business in Massachusetts and in good standing therein insuring the LESSOR as well as LESSEE against injury to persons or damage to property as provided. The LESSEE shall deposit with the LESSOR certificates for such insurance at or prior to the commencement of the term, and thereafter within thirty (30) days prior to the expiration of any such policies. All such insurance certificates shall provide that such polices shall not be canceled without at least ten (10) days prior written notice to each assured named therein.

  • Automobile Liability Insurance Automobile Liability insurance covering bodily injury and property damage in an amount no less than one million dollars ($1,000,000) combined single limit for each occurrence. Covered vehicles shall include owned, non-owned, and hired automobiles/trucks.

  • The Commercial General Liability Insurance Comprehensive Automobile Liability Insurance and Excess Public Liability Insurance policies shall contain provisions that specify that the policies are primary and shall apply to such extent without consideration for other policies separately carried and shall state that each insured is provided coverage as though a separate policy had been issued to each, except the insurer’s liability shall not be increased beyond the amount for which the insurer would have been liable had only one insured been covered. Developer and Connecting Transmission Owner shall each be responsible for its respective deductibles or retentions.

  • Boiler and Machinery Insurance The Owner shall have the option of purchasing and maintaining boiler and machinery insurance required by the Contract Documents or by law, which shall specifically cover such insured objects during installation and until final acceptance by the Owner. If purchased this insurance shall include interests of the Owner, Contractor, Subcontractors and Sub-subcontrators in the Work.

  • Comprehensive General Liability Insurance The Lessee shall procure and maintain a valid Comprehensive General Liability Insurance indemnifying the Lessor with minimum coverage of $ for personal injury and $ for damage to property.

  • Commercial Umbrella Liability Insurance The Contractor shall provide a Commercial Umbrella Liability Insurance to provide excess coverage above the Commercial General Liability, Commercial Business Automobile Liability and the Workers' Compensation and Employers' Liability to satisfy the minimum limits set forth herein. The umbrella coverage shall follow form with the Umbrella limits required as follows: $ 2,000,000 per Occurrence $2,000,000 per Occurrence $ 4,000,000 Aggregate $10,000,000 Aggregate Additional Requirements for Commercial Umbrella Liability Insurance are shown below at Paragraph 1.5.3.3.6.

  • Liability Insurance To the extent the Company maintains an insurance policy or policies providing directors' and officers' liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any Company director or officer.

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