Common use of Form Satisfactory, Etc Clause in Contracts

Form Satisfactory, Etc. All of the policies of insurance referred to in this Article XIII shall be written in a form, with deductibles and by insurance companies satisfactory to Lessor and Lessee and shall satisfy the requirements of any ground lease, Mortgage, and the Franchise Agreement. The party responsible for obtaining any policy shall pay all of the premiums therefor, and deliver copies of such policies or certificates thereof to the other party prior to their effective date (and, with respect to any renewal policy, 10 days prior to the expiration of the existing policy), and in the event of the failure of the responsible party either to effect such insurance as herein called for or to pay the premiums therefor, or to deliver such policies or certificates thereof to the other party at the times required, such other party shall be entitled, but shall have no obligation, after 10 days' Notice to the responsible party, to effect such insurance and pay the premiums therefor, and to be reimbursed for any such premiums upon written demand therefor. Each insurer mentioned in this Article XIII shall agree, by endorsement to the policy or policies issued by it, or by independent instrument furnished to the party not responsible hereunder for obtaining such policy, that it will give to such party 10 days' Notice before the policy or policies in question shall be materially altered, allowed to expire or canceled.

Form Satisfactory, Etc. All of the policies of insurance referred to in this Article XIII shall be written in a form, with deductibles and by insurance companies satisfactory to Lessor and Lessee and shall satisfy the requirements of any ground lease, Mortgage, and the Franchise Agreement, if any. The party responsible for obtaining any policy Lessee shall pay or cause the payment of all of the premiums thereforrequired for any insurance required to be carried by Lessee hereunder, and shall deliver copies of such policies or certificates thereof to the other party Lessor prior to their effective date (and, with respect to any renewal policy, 10 thirty (30) days prior to the expiration of the existing policy), and in the event of the failure of the responsible party by Lessee either to effect such insurance as herein called for or to pay the premiums therefor, or to deliver such policies or certificates thereof to the other party Lessor at the times required, such other party Lessor shall be entitled, but shall have no obligation, after 10 ten (10) days' ’ Notice to the responsible partyLessee, to effect such insurance and pay the premiums therefor, and to be reimbursed for any such premium or premiums upon written demand therefortherefore. Each insurer mentioned in this Article XIII shall agree, by endorsement to the policy or policies issued by it, or by independent instrument furnished to the party not responsible hereunder for obtaining such policyLessee, that it will give to such party 10 Lessor thirty (30) days' Notice ’ written notice before the policy or policies in question shall be materially altered, allowed to expire or canceled.

Form Satisfactory, Etc. All of the policies of insurance referred to in this Article XIII shall be written in a form, with deductibles form satisfactory to Lessor and Lessee and by insurance companies satisfactory to Lessor and Lessee and shall satisfy Lessee. Each party agrees that it will not unreasonably withhold its approval as to the requirements of any ground lease, Mortgage, and the Franchise Agreement. The party responsible for obtaining any policy shall pay all form of the policies of insurance or as to the insurance companies selected. All premiums therefor, shall be paid and deliver copies of such policies or certificates binders delivered and followed with duplicate policies as issued thereof to the other party prior to their effective date (and, with respect to any renewal policy, 10 thirty (30) days prior to the expiration of the existing policy), and in the event of the failure of the responsible party required to provide such insurance either to effect such insurance as herein called for or to pay the premiums therefor, or to deliver such policies or certificates thereof to the other party at the times required, such the other party shall be entitled, but shall have no obligation, after 10 days' Notice to the responsible party, to effect such insurance and pay the premiums therefor, and to which premiums shall be reimbursed for any such premiums repayable upon written demand therefor. Each insurer mentioned in this Article XIII shall agree, by endorsement to the policy or policies issued by it, or by independent instrument furnished to the party not responsible hereunder for obtaining such policyinstrument, that it will give to such party 10 thirty (30) days' Notice written notice before the policy or policies in question shall be materially altered, allowed to expire not renewed or canceledcancelled.

Form Satisfactory, Etc. All of the policies of insurance referred to in this Article ARTICLE XIII shall be written in a form, with deductibles and by insurance companies satisfactory to Lessor and Lessee and shall satisfy the requirements of any ground lease, Mortgage, and the Franchise Agreement. The party responsible for obtaining any policy Lessee shall pay all of the premiums thereforrequired for any insurance required to be carried by Lessee hereunder, and shall deliver copies of such policies or certificates thereof to the other party Lessor prior to their effective date (and, with respect to any renewal policy, 10 thirty (30) days prior to the expiration of the existing policy), and in the event of the failure of the responsible party by Lessee either to effect such insurance as herein called for or to pay the premiums therefor, or to deliver such policies or certificates thereof to the other party Lessor at the times required, such other party Lessor shall be entitled, but shall have no obligation, after 10 ten (10) days' Notice to the responsible partyLessee, to effect such insurance and pay the premiums therefor, and to be reimbursed for any such premium or premiums upon written demand therefortherefore. Each insurer mentioned in this Article ARTICLE XIII shall agree, by endorsement to the policy or policies issued by it, or by independent instrument furnished to the party not responsible hereunder for obtaining such policyLessee, that it will give to such party 10 Lessor thirty (30) days' Notice [TEXAS: TEN (10) DAYS'] written notice before the policy or policies in question shall be materially altered, allowed to expire or canceled.

Form Satisfactory, Etc. All of the policies of insurance ---------------------- referred to in this Article XIII shall be written in a form, with deductibles and by insurance companies satisfactory to Lessor and Lessee and shall satisfy the requirements of any ground lease, Mortgage, and the Franchise Agreement. The party responsible for obtaining any policy shall pay all of the premiums therefor, and deliver copies of such policies or certificates thereof to the other party prior to their effective date (and, with respect to any renewal policy, 10 days prior to the expiration of the existing policy), and in the event of the failure of the responsible party either to effect such insurance as herein called for or to pay the premiums therefor, or to deliver such policies or certificates thereof to the other party at the times required, such other party shall be entitled, but shall have no obligation, after 10 days' Notice to the responsible party, to effect such insurance and pay the premiums therefor, and to be reimbursed for any such premiums upon written demand therefor. Each insurer mentioned in this Article XIII shall agree, by endorsement to the policy or policies issued by it, or by independent instrument furnished to the party not responsible hereunder for obtaining such policy, that it will give to such party 10 days' Notice before the policy or policies in question shall be materially altered, allowed to expire or canceled.

Form Satisfactory, Etc. All of the policies of insurance referred to in this Article ARTICLE XIII shall be written in a form, with deductibles and by insurance companies reasonably satisfactory to Lessor and Lessee and shall satisfy the requirements of any ground lease, Mortgagemortgage, security agreement or other financing lien on the Leased Property and of the Franchise Agreement; (provided, however, Lessee shall not be required to obtain insurance to satisfy such requirements except to the extent such insurance is reasonably obtainable, and Lessor shall pay the costs of any insurance required thereby which exceeds that required pursuant to (iv) through (xi) above). The party responsible for obtaining any policy shall pay all of the premiums therefor, and deliver copies of such policies or certificates thereof to the other party prior to their effective date (and, with respect to any renewal policy, 10 thirty (30) days prior to the expiration of the existing policy), and in the event of the failure of the responsible party either to effect such insurance as herein called for or to pay the premiums therefor, or to deliver such policies or certificates thereof to the other party at the times required, such other party shall be entitled, but shall have no obligation, after 10 ten (10) days' Notice to the responsible partyparty (or after less than ten (10) days' Notice if required to prevent the expiration of any existing policy), to effect such insurance and pay the premiums therefor, and to be reimbursed for any such premiums upon written demand therefor. Each insurer mentioned in this Article ARTICLE XIII shall agree, by endorsement to the policy or policies issued by it, or by independent instrument furnished to the party not responsible hereunder for obtaining such policy, that it will give to such party 10 thirty (30) days' Notice written notice before the policy or policies in question shall be materially altered, allowed to expire or canceled.

Form Satisfactory, Etc. All of the policies of insurance ---------------------- referred to in this Article XIII shall be written in a form, with deductibles ------------ and by insurance companies satisfactory to Lessor and Lessee and shall satisfy the requirements of any ground lease, Mortgagemortgage, security agreement or other financing lien, if any, on the Leased Property and of the Franchise Management Agreement. The party responsible for obtaining any policy shall pay all of the premiums therefor, and deliver copies of such policies or certificates thereof to the other party prior to their effective date (and, with respect to any renewal policy, 10 thirty (30) days prior to the expiration of the existing policy), and in the event of the failure of the responsible party either to effect such insurance as herein called for or to pay the premiums therefor, or to deliver such policies or certificates thereof to the other party at the times required, such other party shall be entitled, but shall have no obligation, after 10 ten (10) days' Notice to the responsible partyparty (or after less than ten (10) days' Notice if required to prevent the expiration of any existing policy), to effect such insurance and pay the premiums therefor, and to be reimbursed for any such premiums upon written demand therefor. Each insurer mentioned in this Article XIII shall agree, by endorsement to the policy or policies issued by it, ------------ or by independent instrument furnished to the party not responsible hereunder for obtaining such policy, that it will give to such party 10 thirty (30) days' Notice written notice before the policy or policies in question shall be materially altered, allowed to expire or canceled.

Form Satisfactory, Etc. All of the policies of insurance referred to in this Article XIII Section 13 shall be written in a form, with deductibles and by insurance companies satisfactory to Lessor and Lessee and shall satisfy Landlord. Subject to the requirements of any ground leaseright to reimbursement or credit specified in Section 13.1, Mortgage, and the Franchise Agreement. The party responsible for obtaining any policy shall pay all of the premiums therefor, and deliver copies of such policies or certificates thereof to the other party prior to their effective date (and, with respect to any renewal policy, 10 thirty (30) days prior to the expiration of the existing policy), and in the event of the failure of the responsible party either to effect such insurance as herein called for or to pay the premiums therefor, or to deliver such policies or certificates thereof to the other party at the times required, such other party shall be entitled, but shall have no obligation, after 10 days' Notice to the responsible party, to effect such insurance and pay the premiums therefor, and to be reimbursed for any such premiums upon written demand therefor. The responsible party’s failure to repay the same within thirty (30) days after Notice of such failure shall constitute an Event of Default within the meaning of Section 16.1(b). Each insurer mentioned in this Article XIII Section shall agree, by endorsement to the policy or policies issued by it, or by independent instrument furnished to the party not responsible hereunder for obtaining such policy, that it will give to such party 10 thirty (30) days' Notice ’ written notice before the policy or policies in question shall be materially altered, allowed to expire or canceled.

Form Satisfactory, Etc. All of the policies of insurance referred ---------------------- to in this Article XIII shall be written in a form, with deductibles and by ------------ insurance companies satisfactory to Lessor and Lessee and shall satisfy the requirements of any ground lease, Mortgagemortgage, security agreement or other financing lien, if any, on the Leased Property and of the Franchise Management Agreement. The party responsible for obtaining any policy shall pay all of the premiums therefor, and deliver copies of such policies or certificates thereof to the other party prior to their effective date (and, with respect to any renewal policy, 10 thirty (30) days prior to the expiration of the existing policy), and in the event of the failure of the responsible party either to effect such insurance as herein called for or to pay the premiums therefor, or to deliver such policies or certificates thereof to the other party at the times required, such other party shall be entitled, but shall have no obligation, after 10 ten (10) 41 days' Notice to the responsible partyparty (or after less than ten (10) days' Notice if required to prevent the expiration of any existing policy), to effect such insurance and pay the premiums therefor, and to be reimbursed for any such premiums upon written demand therefor. Each insurer mentioned in this Article ------- XIII shall agree, by endorsement to the policy or policies issued by it, or by ---- independent instrument furnished to the party not responsible hereunder for obtaining such policy, that it will give to such party 10 thirty (30) days' Notice written notice before the policy or policies in question shall be materially altered, allowed to expire or canceled.

Form Satisfactory, Etc. All of the policies of insurance referred to in this Article XIII shall be written in a form, with deductibles and by insurance companies satisfactory to Lessor and Lessee and shall satisfy the requirements of any ground leaseGround Lease, Mortgage, and the Franchise Agreement. The party responsible for obtaining any policy shall pay all of the premiums therefor, and deliver copies of such policies or certificates thereof to the other party prior to their effective date (and, with respect to any renewal policy, 10 not less than ten (10) days prior to the expiration of the existing policy), and in the event of the failure of the responsible party either to effect such insurance as herein called for or to pay the premiums therefor, or to deliver such policies or certificates thereof to the other party at the times required, such other party shall be entitled, but shall have no obligation, after 10 not less than five (5) days' Notice to the responsible party, to effect such insurance and pay the premiums therefor, and to be reimbursed for any such premiums upon written demand therefor. Each insurer mentioned in this Article XIII shall agree, by endorsement to the policy or policies issued by it, or by independent instrument furnished to the party not responsible hereunder for obtaining such policy, that it will give to such party 10 not less than ten (10) days' Notice prior written notice before the policy or policies in question shall be materially altered, allowed to expire or canceled.