Insurance After Completion. The Company shall and covenants and agrees that it will, prior to or simultaneously with the expiration of the insurance provided for in the preceding section and throughout the Basic Term at its sole cost and expense, keep the Project continuously insured against loss or damage by fire, lightning and all other risks covered by the broadest form extended coverage insurance endorsement then in use in the State in an amount equal to the Full Insurable Value thereof in such insurance company or companies as it may select and shall at all times maintain general accident and public liability insurance required pursuant to Section 6.1(a), all of which policies shall name Company, Issuer, and Trustee as insureds or additional insureds, as their interests appear, which policies shall not be cancelable except upon at least 10 days prior written notice to Issuer and Trustee.
Insurance After Completion. The Company shall and covenants and agrees that it will, prior to or simultaneously with the expiration of the insurance provided for in
Insurance After Completion. The Company shall and covenants and agrees that it will, prior to or simultaneously with the expiration of the insurance provided for in the preceding section and throughout the Basic Term at its sole cost and expense, maintain general accident and public liability insurance required pursuant to Section 6.1(a), all of which policies shall name Company, Issuer, and Trustee as insureds or additional insureds, as their interests appear, which policies shall not be cancelable except upon at least 10 days prior written notice to Issuer and Trustee.
Insurance After Completion. Tenant shall and covenants and agrees that it will, prior to or simultaneously with the expiration of the insurance provided for in the preceding section and throughout the Basic Term at its sole cost and expense, keep the Project constantly insured against loss or damage by fire, lightning and all other Special Form perils commonly covered by the endorsements published by the Insurance Services Office (ISO) then in use in the State to the Full Insurable Value thereof in such insurance company or companies as it may select and shall at all times maintain commercial general liability insurance required pursuant to Section 6.1(a).
Insurance After Completion. Tenant shall and covenants and agrees that it will, prior to or simultaneously with the expiration of the insurance provided for in the preceding section and throughout the Basic Term at its sole cost and expense, keep the Improvements continuously insured against loss or damage by fire, lightning and all other risks covered by the broadest form extended coverage insurance endorsement then in use in the State in an amount equal to the Full Insurable Value thereof in such insurance company or companies as it may select and shall at all times maintain general accident and public liability insurance required pursuant to Section 6.1 (a).
Insurance After Completion. The Authority covenants that by the Lease it has required the Commission, to the extent commercially available, to keep the Leased Premises insured against physical loss or damage, however caused, with such exceptions as are ordinarily required by insurers of facilities of a similar type, with good and responsible insurance companies acceptable to Lessor. Such insurance shall be in an amount equal to one hundred percent (100%) of the full replacement cost of the Leased Premises as certified by a registered architect, registered engineer, an authorized representative of the insurance company or professional appraisal engineers, selected by the Lessor, on the effective date of this Lease and on or before the first day of April of each year thereafter. Such appraisal may be based upon a recognized index of conversion factors. During the full term of this Lease, Lessee will also, at its own expense, maintain rent or rental value insurance in amount equal to the full rental value of the Leased Premises for a period of two (2) years against physical loss or damage of the type insured against pursuant to the preceding requirements of this clause. During the full term of this Lease, Lessee will also, at its own expense, carry combined bodily injury insurance, including accidental death, and property damage with reference to the Leased Premises in an amount not less than Two Million Dollars ($2,000,000) on account of each occurrence with one or more good and responsible insurance companies. The public liability insurance required herein may be by blanket insurance policy or policies.
Insurance After Completion. The Tenant shall and covenants and agrees that it will, prior to or simultaneously with the expiration of the insurance provided for in the preceding section and throughout the Basic Term at its sole cost and expense, keep the Improvements continuously insured against loss or damage by fire, lightning and all other risks covered by the broadest form extended coverage insurance endorsements then in use in the State in an amount equal to the Full Insurable Value thereof in such insurance company or companies as it may select and shall at all times maintain general accident and public liability insurance required pursuant to Section 6.01(a) and workers’ compensation insurance as required pursuant to Section 6.01(c).
Insurance After Completion. The Issuer shall, prior to or simultaneously with the expiration of the insurance provided for in clause (iii) of subsection (a) of this Section and while any Bonds are Outstanding, at its sole cost and expense, (a) keep the Project constantly insured against loss or damage by fire, lightning and all other risks covered by the broadest form extended coverage insurance endorsement then in use in the State in an amount equal to the Full Insurable Value thereof (subject to reasonable loss deductible provisions), (b) maintain general accident and public liability insurance pursuant to the requirements set forth in clause (i) of subsection (a) of this Section and (c) business interruption insurance in an amount equal to the actual loss of rents sustained.
Insurance After Completion. The Tenant shall and covenants and agrees that it will, prior to or simultaneously with the expiration of the insurance provided for in the preceding section and throughout the Term at its sole cost and expense, keep the Improvements continuously insured against loss or damage by fire, lightning and all other risks covered by the broadest form extended coverage insurance endorsement then in use in the State in an amount equal to the Full Insurable Value thereof in such insurance company or companies as it may select and shall at all times maintain general accident and public liability insurance required pursuant to Section 6.1(a), all of which policies shall name the Tenant, the Issuer, and the Trustee as insureds or mortgagees, as their interests appear.
Insurance After Completion. Corporation shall and covenants and agrees that it will, throughout the Basic Term at its sole cost and expense, keep the Project constantly insured against loss or damage by fire, lightning and all other risks covered by the broadest form extended coverage insurance endorsement then in use in the State in an amount equal to the Full Insurable Value thereof (subject to reasonable loss deductible provisions) in such insurance company or companies as it may select and shall at all times maintain general accident and public liability insurance required pursuant to Section 6.l(a).
