Common use of Increase in Limits Clause in Contracts

Increase in Limits. If from time to time Lessor determines, in the exercise of its reasonable business judgment, that the limits of the personal injury or property damage - public liability insurance then being carried are insufficient, upon Notice from Lessor Lessee shall cause such limits to be increased to the level specified in such Notice until further increase pursuant to the provisions of this Section.

Increase in Limits. If If, from time to time after the Commencement Date, Lessor determines, determines in the exercise of its reasonable business judgment, judgment that the limits of the personal injury or property damage - public liability insurance then being carried are insufficient, upon Lessor may give Lessee Notice from Lessor Lessee shall cause such of acceptable limits for the insurance to be increased carried, which limits shall be reasonable in light of the limits required by Lessor of other of its borrowers and Lessee with respect to similar portfolios at such time; and the level specified in such Notice insurance shall thereafter be carried with limits as prescribed by Lessor until further increase pursuant to the provisions of this Section.

Increase in Limits. If In the event that from time to time after the Effective Date Lessor determines, determines in the exercise of its reasonable business judgment, judgment that the limits of the personal injury or property damage - public liability insurance then being carried are insufficient, upon Lessor shall give Lessees Notice from Lessor Lessee of acceptable limits for such insurance; such insurance shall cause thereafter be carried with such limits to be increased to the level specified in such Notice until further increase pursuant to the provisions of this Section.