General Insurance Provisions. A. All policies of insurance required under Section 12.01, Paragraphs 1-4 shall be carried in the name of Management Company, Owner and the Qualified Lender; and losses thereunder shall be payable to the parties as their respective interests may appear. All insurance described in Section 12.01, Paragraphs 6-8 shall name Owner as an additional insured.
Appears in 3 contracts
Samples: Management Agreement (Highland Hospitality Corp), Management Agreement (Eagle Hospitality Properties Trust, Inc.), Management Agreement (Highland Hospitality Corp)
General Insurance Provisions. A. All policies of insurance required under Section 12.01, Paragraphs 1-4 shall be carried in the name of Management Company, Owner and the Qualified Lender; and losses thereunder shall be payable to the parties as their respective interests may appear. All insurance described in Section 12.01, Paragraphs 6-8 shall name Owner as an additional insured.
Appears in 2 contracts
Samples: Stock Purchase and Rights Agreement (Sandalwood Lodging Investment Corp), Management Agreement (Equity Inns Inc)
General Insurance Provisions. A. All policies of insurance required under Section 12.01, Paragraphs 1-4 5 shall be carried in the name of Management Company, Owner Owners and the Qualified Lender; and losses thereunder shall be payable to the parties as their respective interests may appear. All insurance described in Section 12.01, Paragraphs 6-8 shall name Owner Owners as an additional insured.
Appears in 1 contract
Samples: Management Agreement
General Insurance Provisions. A. All policies of insurance required under Section 12.01, Paragraphs 1-4 shall be carried in the name of Management Company, Owner and the Qualified Lenderany applicable lender; and losses thereunder shall be payable to the parties as their respective interests may appear. All insurance described in Section 12.01, Paragraphs 6-8 shall name Owner as an additional insured.
Appears in 1 contract
General Insurance Provisions. A. All policies of insurance required under Section 12.01, Paragraphs 1-4 shall be carried in the name of Management Company, . The Owner and the Qualified LenderLender shall be listed as their respective interests may appear; and losses thereunder shall be payable to the parties as their respective interests may appear. All insurance described in Section 12.01, Paragraphs 67-8 shall name Owner as an additional insured.
Appears in 1 contract
Samples: Management Agreement (American Realty Capital Hospitality Trust, Inc.)
General Insurance Provisions. A. All policies of insurance required under Section 12.01, Paragraphs 1-4 shall be carried in the name of Management Company, Owner Master Tenant, Owner, Franchisor, and the Qualified LenderLender as additional insured; and losses thereunder shall be payable to the parties as their respective interests may appear. All insurance described in Section 12.01, Paragraphs 67-8 9 shall name Owner Master Tenant as an additional insured.
Appears in 1 contract
Samples: Management Agreement (KBS Strategic Opportunity REIT II, Inc.)
