Common use of Hazard and Other Insurance Clause in Contracts

Hazard and Other Insurance. During the Term the Lessee shall keep, -------------------------- or cause to be kept, the Property insured against loss or damage by fire, flood and other risks on terms and in amounts that are no less favorable than insurance covering other similar properties owned by the Lessee or its Affiliates and that are in accordance with normal industry practice and as required in the Loan Documents. During the construction of any Improvements the Lessee shall also maintain or cause to be maintained builders' risk insurance.

Appears in 3 contracts

Samples: Lease (Brookdale Living Communities Inc), Lease (Brookdale Living Communities Inc), Lease (Brookdale Living Communities Inc)

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Hazard and Other Insurance. During the Term the Lessee shall keep, -------------------------- or cause to be kept, the Property insured against loss or damage by fire, flood and other risks on terms and in amounts that are no less favorable than insurance covering other similar properties owned by the Lessee or its Affiliates and that are in accordance with normal industry practice and as required in the Loan Documents. During the construction of any Improvements the Lessee shall also maintain or cause to be maintained builders' risk insurance.

Appears in 2 contracts

Samples: Lease Agreement (Brookdale Living Communities Inc), Lease (Brookdale Living Communities Inc)

Hazard and Other Insurance. During the Term the Lessee shall keep, -------------------------- or cause to be kept, the Property insured against loss or damage by fire, flood and other risks on terms and in amounts that are no less favorable than insurance covering other similar properties owned by the Lessee or its Affiliates and that are in accordance with normal industry practice and as required in the Loan Documents. During the construction of any Improvements the Lessee shall also maintain or cause to be maintained builders' risk insurance.Documents and the

Appears in 1 contract

Samples: Lease (Brookdale Living Communities Inc)

Hazard and Other Insurance. During the Term Term, the Lessee shall keep, -------------------------- or cause to be kept, the Property insured against loss or damage by fire, flood and other risks on terms and in amounts that are no less favorable than insurance covering other similar properties owned by the Lessee or its Affiliates and that are in accordance with normal industry practice and as required in the Xxxxxx Loan DocumentsDocuments and the Ground Lease. During the construction of any Improvements the Lessee shall also maintain or cause to be maintained builders' risk insurance.

Appears in 1 contract

Samples: Lease Agreement (Brookdale Living Communities Inc)

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Hazard and Other Insurance. During the Term Term, the Lessee shall keep, -------------------------- or cause to be kept, the Property insured against loss or damage by fire, flood and other risks on terms and in amounts that are no less favorable than insurance covering other similar properties owned by the Lessee or its Affiliates and that are in accordance with normal industry practice and as required in the Xxxxxx Loan Documents. During the construction of any Improvements the Lessee shall also maintain or cause to be maintained builders' risk insurance.

Appears in 1 contract

Samples: Lease (Brookdale Living Communities Inc)

Hazard and Other Insurance. During the Term Term, the Lessee shall keep, -------------------------- or cause to be kept, the Property insured against loss or damage by fire, flood and other risks on terms and in amounts that are no less favorable than insurance covering other similar properties owned by the Lessee or its Affiliates and that are in accordance with normal industry practice and as required in the Heller Loan Documents. During the construction xxxxxruction of any Improvements the Lessee shall also maintain or cause to be maintained builders' risk insurance.

Appears in 1 contract

Samples: Lease (Brookdale Living Communities Inc)

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