INSURANCE BY LANDLORD a. The landlord must take out and maintain, at its cost, appropriate insurance to cover the Premises and the Landlord’s obligations in relation to the Premises, including:
(i) building insurance, against loss or damage from fire, lightning, flood, storm and tempest, earthquake, water damage (including sprinkler leakage and rain water), explosion or concussion from explosion, impact by vehicles or aircraft or articles dropped from aircraft, radiation, riots, strikes, civil commotion, and malicious damage, for its full reinstatement or replacement value (including architects, surveyors and other professional fees, the cost of debris removal, demolition, site clearance, any works that may be required by law and incidental expenses) at the time of loss or damage; and
(ii) public liability insurance, for all claims for injury, loss or damage to any person or property however sustained arising out of the use of the Premises, for not less than the amount of $20 million per occurrence (or for such other reasonable amount which the landlord and the tenant agree).
b. If, during the Term:
(i) a building on the Premises is damaged or destroyed by a risk against which the landlord is required by this agreement to insure;
(ii) the payment of insurance moneys under the insurance policy has not been refused in whole or in part because of any act or omission of the tenant; and
(iii) the tenant has notified the landlord within 20 Business Days after the date of the damage or destruction that it requires the landlord to reinstate the building, subject to any rights of the landlord to terminate this agreement under the Residential Tenancies Act 2010 (NSW), the landlord agrees to act promptly and do its best to reinstate the building, including:
(iv) claiming and obtaining payment of any insurance moneys to which it is entitled under the insurance policy for the damage or destruction;
(v) obtaining any permission, permits and consents that may be required under law to enable the landlord to reinstate the building; and
(vi) using all relevant insurance proceeds (except sums for loss of Rent) in reinstating the building, making up any difference between the cost of reinstating and the insurance proceeds.
c. The landlord must provide evidence of the currency of its insurance policies to the tenant within 7 Business Days of a request in writing by the tenant.
d. The landlord agrees to notify the tenant promptly if any of the insurances required by this clause lapse or become void,...
INSURANCE BY LANDLORD. Landlord shall, during the Lease Term, procure and keep in force the following insurance, the cost of which shall be an Operating Expense, payable by Tenant pursuant to Paragraph 12 below:
INSURANCE BY LANDLORD. (a) Landlord shall, during the Lease Term, procure and keep in force the following insurance, the cost of which shall be a Common Area Charge, payable by Tenant pursuant to Paragraph 12 below:
INSURANCE BY LANDLORD. Landlord shall, during the Lease Term, procure and keep in force die following insurance, the cost of which shall be deemed as Operating Expenses payable, by Tenant pursuant to Paragraph 6:
(1) Property insurance insuring the building and improvements and rental value insurance for perils covered by the causes of loss-special form (all risk) and in addition coverage for flood, earthquake and boiler and machinery (if applicable). Such coverage (except for flood and earthquake) shall be written on a replacement cost basis equal to ninety percent (90%) of the full insurable replacement value of the foregoing and shall not cover Tenant's equipment, trade fixtures, inventory, fixtures or personal property located on or in the Leased Premises.
(2) Commercial general liability insurance against any and all claims for bodily injury and property damage occurring in or about the Building or the Land. Such insurance shall have a combined single limit of not less than One Million Dollars ($1,000,000) per occurrence per location with a Two Million Dollar ($2,000,000) aggregate limit.
(3) Such other insurance as Landlord deems necessary and prudent or required by Landlord's beneficiaries or mortgagees of any deed of trust or mortgage encumbering the Premises.
INSURANCE BY LANDLORD. Landlord shall, during the Lease Term, procure and keep in force the following insurance, the cost of which may be deemed as additional Rent payable, by Tenant pursuant to Paragraph 5 or Paragraph 6:
INSURANCE BY LANDLORD. Landlord may maintain insurance for those perils and in amounts which would be considered prudent for similar income type property situated in the general area of the Building or which is required by any mortgagee or creditor of Landlord.
INSURANCE BY LANDLORD. (a) Landlord shall, during the Lease Term, procure and keep in force the following insurance, the cost of which shall be an Operating Expense (subject to the limitation on earthquake insurance premium pass-throughs as provided below), payable by Tenant pursuant to Paragraph 12 below:
INSURANCE BY LANDLORD. Landlord shall maintain during the term of this Lease Agreement an all-risk commercial property policy insuring the project, common areas, and personal property owned by Landlord, in amounts equal to replacement value. Landlord shall not be obligated to insure any furniture, equipment, machinery, goods, or supplies owned by Tenant or which Tenant may bring or obtain upon the Leased Premises, or any additional improvements which Tenant may construct thereon. If the annual premiums charged Landlord for such insurance exceed the standard premium rates because of the nature of Tenant's operations, then Tenant shall, upon receipt of appropriate premium invoices, reimburse Landlord for such increases in premium. Landlord may, should it choose to do so, self insure all or part of the above referenced risks. Should Landlord choose to self insure any insurance risks, the cost demonstrated by a bid from a reputable insurance company shall be included in the cost of insurance for expense reimbursement purposes.
INSURANCE BY LANDLORD. Landlord will maintain insurance in connection with the Building, which may be a blanket policy covering other properties the cost of which may be fairly allocated to this Building, against such perils and in such amounts as Landlord may from time to time determine to be advisable or which any mortgagee or creditor of Landlord requires Landlord to carry, which shall include without limitation all-risk casualty coverage with replacement cost endorsement covering the Building and the improvements in the Premises constructed as part of Landlord’s Work, commercial general liability, umbrella liability, boiler and machinery coverage, and rent loss insurance. The named insured on all policies of insurance will be Landlord and, if required, any mortgagee or creditor of Landlord. The cost of all insurance maintained by Landlord will be a part of the Operating Costs for the Building. It is understood that the insurance carried by Landlord does not cover the risk of loss or damage to Tenant’s personal property, equipment, improvements, fixtures or loss of income.
INSURANCE BY LANDLORD. Landlord shall obtain before the Commencement Date, and shall maintain through the expiration or termination of this Lease, the following insurance coverages:
