Common use of FIRE AND CASUALTY DAMAGE Clause in Contracts

FIRE AND CASUALTY DAMAGE. A. Landlord agrees to maintain standard fire and extended coverage insurance covering the building of which the premises are a part in an amount not less than 80% (or such greater percentage as may be necessary to comply with the provisions of any co-insurance clauses of the policy) of the "replacement cost" thereof as such terms is defined in the Replacement Cost Endorsement to be attached thereto, insuring against the perils of Fire, Lighting and Extended Coverage, such coverages and endorsements to be as defined, provided and limited in the standard bureau forms prescribed by the insurance regulatory authority for the State in which the premises are situated for use by insurance companies admitted in such state for the writing of such insurance on risks located within such state. Subject to the provisions of subparagraphs 13 (C), 13 (D) and 13 (E) below, such insurance shall be for the sole benefit of Landlord and under its sole control.

Appears in 1 contract

Samples: Lease Agreement (Comfort Systems Usa Inc)

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FIRE AND CASUALTY DAMAGE. A. a) Landlord agrees to maintain standard fire and extended coverage insurance covering the building of which the premises are a part in an amount not less than 80% (or such greater percentage as may be necessary to comply with the provisions of any co-insurance clauses of the policy) of the "replacement cost" thereof as such terms term is defined in the Replacement Cost Endorsement to be attached thereto, insuring against the perils of Fire, Lighting Lightning and Extended Coverage, such coverages and endorsements to be as defined, provided and limited in the standard bureau forms prescribed by the insurance regulatory authority for the State in which the premises are situated for use by insurance companies admitted in such state for the writing of such insurance on risks located within such state. Subject to the provisions of subparagraphs 13 (C12(c), 13 (D12(d) and 13 (E12(e) below, such insurance shall be for the sole benefit of Landlord and under its sole control.

Appears in 1 contract

Samples: Lease Agreement (Tekgraf Inc)

FIRE AND CASUALTY DAMAGE. A. Landlord agrees to maintain standard fire and extended coverage insurance covering the building of which the premises are a part in an amount not less than that 80% (or such greater percentage as may be necessary to comply with the provisions of any co-insurance clauses of the policy) of the "replacement cost" thereof as such terms coverage is defined in the Replacement Cost Endorsement to be attached thereto, insuring against the perils of Fire, Lighting Lightning and Extended Coverage, such coverages and endorsements to be as defined, provided and limited in the standard bureau forms prescribed by the insurance regulatory authority for the State in which the premises are situated for use by insurance companies admitted in such state for the writing of such insurance on risks located within such state. Subject to the provisions of subparagraphs 13 (C12(C), 13 (D12(D) and 13 (E12(E) below, such insurance shall be for the sole benefit of Landlord and under its sole control.

Appears in 1 contract

Samples: Agreement (Metasolv Inc)

FIRE AND CASUALTY DAMAGE. A. a) Landlord agrees to maintain standard fire and extended coverage insurance covering the building Building of which the premises Leased Premises are a part in an amount not less than 80% (or such greater percentage as may be necessary to comply with the provisions of any co-insurance clauses of the policy) of the "replacement cost" thereof as such terms term is defined in the Replacement Cost Endorsement to be attached thereto, insuring against the perils of Fire, Lighting and Extended Coverage, such coverages coverage's and endorsements to be as defined, provided and limited in the standard bureau forms prescribed by the insurance regulatory authority for the State in which the premises Leased Premises are situated for use by insurance companies admitted in such state for the writing of such insurance on risks located within such state. Subject to the provisions of subparagraphs 13 (C12(c), 13 (D12(d) and 13 (E12(e) below, such insurance shall be for the sole benefit of Landlord and under its sole control.

Appears in 1 contract

Samples: Lease Agreement (Genaissance Pharmaceuticals Inc)

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FIRE AND CASUALTY DAMAGE. A. Landlord agrees to maintain standard fire and extended coverage insurance covering the building of which the premises are a part in an amount not less than 80% (or such greater percentage as may be necessary to comply with the provisions of any co-insurance clauses of the policy) of the "replacement cost" thereof as such terms term is defined in the Replacement Cost Endorsement to be attached thereto, insuring against the perils of Fire, Lighting Lightning and Extended Coverage, such coverages and endorsements to be as defined, provided and limited in the standard bureau forms prescribed by the insurance regulatory authority for the State in which the premises are situated for use by insurance companies admitted in such state for the writing of such insurance on risks located within such state. Subject to the provisions of subparagraphs 13 (C12(C), 13 (D12(D) and 13 (E12(E) below, such insurance shall be for the sole benefit of Landlord and under its sole control.

Appears in 1 contract

Samples: Part of Lease Agreement (Cd Warehouse Inc)

FIRE AND CASUALTY DAMAGE. A. a. Landlord agrees to maintain standard fire and extended coverage insurance covering the building of which the premises are a part in an amount not less than 80% (or such greater percentage as may be necessary to comply with the provisions of any co-insurance clauses of the policy) of the "replacement cost" thereof as such terms term is defined in the Replacement Cost Endorsement to be attached thereto, insuring against the perils of Fire, Lighting Lightning and Extended Coverage, such coverages and endorsements to be as defined, provided and limited in the standard bureau forms prescribed by the insurance regulatory authority for the State in which the there premises are situated for use by insurance companies admitted in such state for the writing of such insurance on risks located within such state. Subject to the provisions of subparagraphs 13 (C12(C), 13 (D) 12(D), and 13 (E12(E) below, such insurance shall be for the sole benefit of Landlord and under its sole control.

Appears in 1 contract

Samples: Commercial Lease Agreement (Microage Inc /De/)

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