Fire and All Risk Insurance Sample Clauses

Fire and All Risk Insurance. Landlord shall obtain and keep in force during the Lease Term a policy or policies of insurance covering loss or damage to the Building in the amount of the full replacement cost thereof and the Tenant
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Fire and All Risk Insurance. (a) Landlord to Maintain Builders Risk Insurance. Landlord, at all times until Substantial Completion of Landlord's Work, at its sole cost and expense, shall maintain Completed Value Form "All Physical Loss" Builder's Risk Coverage on Landlord's Work ("Landlord's Fire Insurance") in a nonreporting form, including an Occupancy endorsement, against loss by fire, lightning, flood and earthquake, and the perils of the all risk endorsement covering the Leased Premises, with business income coverage equal to not less than one year's Minimum Rent hereunder and with coinsurance waived. The policies effecting Landlord's Fire Insurance shall contain the following endorsements: (i) An endorsement providing for sixty (60) thirty notice of cancellation of insurance or of decrease in insurance coverage to Tenant; (ii) An endorsement whereby the insurer acknowledges that Landlord has waived any and all rights of recovery against Tenant and any other occupant(s) of the Leased Premises and their agents and employees for damage or destruction to any or all of the buildings and improvements, including, without limitation, the Building, on and in the Leased Premises, whether or not caused by acts or negligence of Tenant or said occupant(s) or any of their agents or employees; and (iii) An endorsement whereby the insurer waives all rights of subrogation against Tenant and any other occupant(s) of the Leased Premises and any of their agents or employees.
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Fire and All Risk Insurance. At all times during the term of this Lease, Tenant shall keep in force at its sole cost and expense, fire and "All Risk" (including vandalism and malicious mischief) insurance equal to the replacement cost of "Tenant's fixtures, furnishings, equipment, and contents upon the Leased Premises, and all improvements made by Tenant to the Leased Premises, and the Building (excluding fixtures, furnishings, equipment, and contents belonging to tenants other than Landlord and all improvements or additions made by tenants other than Landlord). Landlord shall be named as an additional insured on all such policies.
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Fire and All Risk Insurance. Landlord shall obtain and keep in force during --------------------------- the Lease Term a policy or policies of insurance covering loss or damage to the Building in the amount of the full replacement cost thereof and the Renovation Improvements to the extent paid for by Landlord providing protection against those perils included within the classification of "all risk" insurance, plus a policy of rental income insurance in the amount of twelve (12) months of Base Monthly Rent and revenues received from the Building together with such additional coverages (such as earthquake and flood insurance) which Landlord may reasonably elect to maintain from time to time or which Landlord's Lender may require Landlord to maintain from time to time so long as such Lender is an Institutional Lender whose loan is secured by a deed of trust encumbering the Premises. Tenant shall have no interest in nor any right to the proceeds of any insurance procured by Landlord on the Building and Renovation Improvements. Tenant shall pay to Landlord, as Additional Rent. Tenant's Percentage Share of the cost of such insurance procured and maintained by Landlord as part of its Operating Expense payment. Tenant's liability for the cost of such insurance shall be prorated as of the commencement and termination of the Lease Term. Tenant acknowledges that such insurance procured by Landlord shall contain a commercially reasonable deductible approved by Landlord and Tenant which reduces Tenant's cost for such insurance and, in the event of loss or damage which is not caused by Landlord or its Agents. Tenant shall be required to pay to Landlord the amount of such deductible. Notwithstanding anything contained herein, the following shall apply: (i) In the event Tenant becomes liable to pay "deductibles" with respect to any loss or losses the aggregate amount of which exceeds for any twelve (12) month period during the Lease Term an amount equal to one installment of the 9 Base Monthly Rent then payable, the amount of such excess shall not be payable by Tenant currently but instead shall be amortized over the useful life of the improvements constructed with such deductible amount, together with interest at the Agreed Interest Rate, and payable as Additional Rent in accordance with the procedure set forth in Paragraphs 12.A. and B. (ii) Tenant shall not be obligated to pay the cost of earthquake insurance to the extent that it exceeds a commercially reasonable rate for the earthquake insurance...
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Related to Fire and All Risk Insurance

  • Builder’s Risk Insurance Contractor shall provide a Builder’s Risk Policy to be made payable to the Owner and Contractor, as their interests may appear. The policy amount should be equal to 100% of the Contract Sum, written on a Builder’s Risk “All Risk”, or its equivalent. The policy shall be endorsed as follows: The following may occur without diminishing, changing, altering or otherwise affecting the coverage and protection afforded the insured under this policy: (i) Furniture and equipment may be delivered to the insured premises and installed in place ready for use; and (ii) Partial or complete occupancy by Owner; and (iii) Performance of work in connection with construction operations insured by the Owner, by agents or lessees or other Contractors of the Owner or Using Agency In the event that the Contract is for renovation, addition or modification of an existing structure and Builders Risk Insurance is not available, the Owner will accept an Installation Floater Insurance Policy with the above endorsements in lieu of the Builders' Risk Insurance Policy. Such floater must insure loss to materials and equipment prior to acceptance by Owner and must be on an ALL RISK BASIS with the policy written on a specific job site.

  • Fire Insurance The LESSEE shall not permit any use of the leased premises which will make voidable any insurance on the property of which the leased premises are a part, or on the contents of said property or which shall be contrary to any law or regulation from time to time established by the New England Fire Insurance Rating Association, or any similar body succeeding to its powers. The LESSEE shall on demand reimburse the LESSOR, and all other tenants, all extra insurance premiums caused by the LESSEE's use of the premises.

  • All Risk Property Insurance (i) During construction, an All Risk Property insurance policy including earthquake and flood (with sublimits as appropriate) shall be maintained during the course of Work being performed and include Start-up and testing for installed equipment and delayed opening coverage. Such policy shall include coverage for materials and equipment while under the care, custody and control of the Seller during the course of Work, at the Site, offsite or while in transit to the Site.

  • Commercial General Liability and Automobile Liability Insurance Commercial General Liability Insurance and Any Auto Automobile Liability Insurance that shall protect the Consultant, the District, and the State from all claims of bodily injury, property damage, personal injury, death, advertising injury, and medical payments arising performing any portion of the Services. (Form CG 0001 and CA 0001, or forms substantially similar, if approved by the District.)

  • Comprehensive General Liability Contractor shall have and maintain comprehensive general liability insurance coverage during the entire term of the Contract, against claims arising out of bodily injury, death, damage to or destruction of the property of others, including loss of use thereof, and including underground, collapse and explosion (XCU) and products and completed operations in an amount not less than five hundred thousand dollars ($500,000.00) each occurrence and one million dollars ($1,000,000.00) in the general aggregate.

  • 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 General Liability and Automobile Liability Coverages a. The City of San Xxxx, its officers, employees, agents and contractors are to be covered as additional insureds as respects: Liability arising out of activities performed by or on behalf of, GRANTEE; products and completed operations of GRANTEE; premises owned, leased or used by GRANTEE; and automobiles owned, leased, hired or borrowed by GRANTEE. The coverage shall contain no special limitations on the scope of protection afforded to CITY, its officers, employees, agents and contractors. b. GRANTEE's insurance coverage shall be primary insurance as respects CITY, its officers, employees, agents and contractors. Any insurance or self-insurance maintained by CITY, its officers, employees, agents or contractors shall be excess of GRANTEE's insurance and shall not contribute with it. c. Any failure to comply with reporting provisions of the policies by GRANTEE shall not affect coverage provided CITY, its officers, employees, agents, or contractors. d. Coverage shall state that GRANTEE's insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the limits of the insurer's liability. e. Coverage shall contain waiver of subrogation in favor of the City of San Xxxx, its officers, employees, agents and contractors.

  • 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.

  • Crime Insurance Contractor shall maintain during the term of the Contract Crime Insurance on a “loss sustained form” or “loss discovered form,” and coverage must include the following:  The policy must allow for reporting of circumstances or incidents that might give rise to future claims.  The policy must include an extended reporting period of no less than one (1) year with respect to events which occurred but were not reported during the term of the policy.  Any warranties required by the Contractor’s insurer as a result of this Contract must be disclosed and complied with. Said insurance shall extend coverage to include the principals (all directors, officers, agents and employees) of the Contractor as a result of this Contract.  The policy shall include coverage for third party fidelity and name “The People of the State of New York, the New York State Office of General Services, any entity authorized by law or regulation to use this Contract as an Authorized User and their officers, agents, and employees” as “Loss Payees” for all third party coverage secured. This requirement applies to both primary and excess liability policies, as applicable.  The policy shall not contain a condition requiring an arrest and conviction.  The policy shall include coverage for computer crime/fraud.

  • 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.

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