Common use of Insurance Appraisals Clause in Contracts

Insurance Appraisals. From time to time during the Term hereof (but in no event more frequently than once every two (2) years) upon the request of Landlord, or Landlord’s mortgagee, if any, Tenant shall furnish to Landlord, at Tenant’s expense, insurance appraisals, satisfactory to Landlord, as such are regularly and ordinarily made by or for the benefit of insurance companies, in order to determine the then replacement value of the improvements.

Insurance Appraisals. From time to time during the Term hereof (but in no event more frequently than once every two (2) years) upon the request of Landlord, or Landlord’s mortgagee, if any, Tenant shall furnish to Landlord, at Tenant’s expense, insurance appraisals, satisfactory to Landlord, as such are regularly and ordinarily made by or for the benefit of insurance companies, in order to determine the then replacement value of the improvementsImprovements.