Common use of INSURANCE BY LANDLORD Clause in Contracts

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, voidable or otherwise unenforceable.

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 right of the landlord to terminate this agreement under section 86 of the Residential Tenancies Act 2010 1999 (NSWNT), 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, voidable or otherwise unenforceable.

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. Marketing Version c. Notwithstanding anything contained or implied in this agreement, the tenant is only liable for damage or destruction caused by the tenant (or an occupant of the tenant) to a building on the Premises to the extent that the landlord: (i) is not entitled to receive indemnity under an insurance policy which the landlord is required to effect under this clause; or (ii) would not have been so entitled had the landlord insured in accordance with that clause. c. d. 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. e. The landlord agrees to notify the tenant promptly if any of the insurances required by this clause lapse or become void, voidable or otherwise unenforceable.

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:: Marketing Version (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 right of the landlord to terminate this agreement under section 86 of the Residential Tenancies Act 2010 1999 (NSWNT), 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, voidable or otherwise unenforceable.

INSURANCE BY LANDLORD. a. (a) The landlord 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:: Marketing Version (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 Landlord and the tenant Tenant agree)., b. (b) If, during the Term: (i) a building on the Premises is damaged or destroyed by a risk against which the landlord 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 tenantTenant; and (iii) the tenant Tenant has notified the landlord Landlord within 20 Business Days after the date of the damage or destruction that it requires the landlord Landlord to reinstate the building, subject and the Tenant elects not to any rights issue a notice of intention to vacate the landlord to terminate this agreement Premises under section 238 of the Residential Tenancies Act 2010 1997 (NSWVic), the landlord 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 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. (c) The landlord 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 tenantTenant. d. (d) The landlord Landlord agrees to notify the tenant Tenant promptly if any of the insurances required by this clause lapse or become void, voidable or otherwise unenforceable.

INSURANCE BY LANDLORD. a. The landlord must take out and maintain, at its cost, appropriate insurance to cover the Premises and the Landlordlandlord’s obligations in relation to the Premises, including: (ia) 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 (iib) 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: (ia) a building on the Premises is damaged or destroyed by a risk against which the landlord is required by this agreement to insure; (iib) 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 (iiic) 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 its right under section 284 of the landlord to terminate this agreement under the Residential Tenancies and Rooming Accommodation Act 2010 2008 (NSW)Qld) to issue a notice to leave for non-livability, the landlord agrees to act promptly and do its best to reinstate the building, including: (ivd) claiming and obtaining payment of any insurance moneys to which it is entitled under the insurance policy for the damage or destruction; (ve) obtaining any permission, permits and consents that may be required under law to enable the landlord to reinstate the building; and (vif) 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, voidable or otherwise unenforceable.

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 right of the landlord to terminate this agreement under section 83B of the Residential Tenancies Act 2010 1995 (NSWSA), 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, voidable or otherwise unenforceable.

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. SAMPLE - DO NOT USE c. Notwithstanding anything contained or implied in this agreement, the tenant is only liable for damage or destruction caused by the tenant (or an occupant of the tenant) to a building on the Premises to the extent that the landlord: (i) is not entitled to receive indemnity under an insurance policy which the landlord is required to effect under this clause; or (ii) would not have been so entitled had the landlord insured in accordance with that clause. c. d. 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. e. The landlord agrees to notify the tenant promptly if any of the insurances required by this clause lapse or become void, voidable or otherwise unenforceable.

INSURANCE BY LANDLORD. a. The landlord must take out and maintain, at its cost, appropriate insurance to cover the Premises and the Landlordlandlord’s obligations in relation to the Premises, including:: Marketing Version (ia) 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 (iib) 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: (ia) a building on the Premises is damaged or destroyed by a risk against which the landlord is required by this agreement to insure; (iib) 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 (iiic) 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 its right under section 284 of the landlord to terminate this agreement under the Residential Tenancies and Rooming Accommodation Act 2010 2008 (NSW)Qld) to issue a notice to leave for non-livability, the landlord agrees to act promptly and do its best to reinstate the building, including: (ivd) claiming and obtaining payment of any insurance moneys to which it is entitled under the insurance policy for the damage or destruction; (ve) obtaining any permission, permits and consents that may be required under law to enable the landlord to reinstate the building; and (vif) 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, voidable or otherwise unenforceable.

INSURANCE BY LANDLORD. a. The landlord must take out and maintain, at its cost, appropriate insurance to cover the Premises and the Landlordlandlord’s obligations in relation to the Premises, including: (ia) 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 (iib) 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: (ia) a building on the Premises is damaged or destroyed by a risk against which the landlord is required by this agreement to insure; (iib) 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 (iiic) 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 section 69 of the Residential Tenancies Act 2010 1987 (NSWWA), the landlord agrees to act promptly and do its best to reinstate the building, including: (ivd) claiming and obtaining payment of any insurance moneys to which it is entitled under the insurance policy for the damage or destruction; (ve) obtaining any permission, permits and consents that may be required under law to enable the landlord to reinstate the building; and (vif) 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, voidable or otherwise unenforceable.

INSURANCE BY LANDLORD. a. (a) The landlord 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 Landlord and the tenant Tenant agree)., b. (b) If, during the Term: (i) a building on the Premises is damaged or destroyed by a risk against which the landlord 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 tenantTenant; and (iii) the tenant Tenant has notified the landlord Landlord within 20 Business Days after the date of the damage or destruction that it requires the landlord Landlord to reinstate the building, subject and the Tenant elects not to any rights issue a notice of intention to vacate the landlord to terminate this agreement Premises under section 238 of the Residential Tenancies Act 2010 1997 (NSWVic), the landlord 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 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. (c) The landlord 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 tenantTenant. d. (d) The landlord Landlord agrees to notify the tenant Tenant promptly if any of the insurances required by this clause lapse or become void, voidable or otherwise unenforceable.

INSURANCE BY LANDLORD. a. (a) The landlord 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:: Marekting Version (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 Landlord and the tenant Tenant agree)., b. (b) If, during the Term: (i) a building on the Premises is damaged or destroyed by a risk against which the landlord 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 tenantTenant; and (iii) the tenant Tenant has notified the landlord Landlord within 20 Business Days after the date of the damage or destruction that it requires the landlord Landlord to reinstate the building, subject and the Tenant elects not to any rights issue a notice of intention to vacate the landlord to terminate this agreement Premises under section 238 of the Residential Tenancies Act 2010 1997 (NSWVic), the landlord 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 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. (c) The landlord 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 tenantTenant. d. (d) The landlord Landlord agrees to notify the tenant Tenant promptly if any of the insurances required by this clause lapse or become void, voidable or otherwise unenforceable.

INSURANCE BY LANDLORD. a. The landlord must take out and maintain, at its cost, appropriate insurance to cover the Premises and the Landlordlandlord’s obligations in relation to the Premises, including: (ia) 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 (iib) 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: (ia) a building on the Premises is damaged or destroyed by a risk against which the landlord is required by this agreement to insure; (iib) 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 (iiic) 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 section 69 of the Residential Tenancies Act 2010 1987 (NSWWA), the landlord agrees to act promptly and do its best to reinstate the building, including: (ivd) claiming and obtaining payment of any insurance moneys to which it is entitled under the insurance policy for the damage or destruction; (ve) obtaining any permission, permits and consents that may be required under law to enable the landlord to reinstate the building; andand Marketing Version (vif) 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, voidable or otherwise unenforceable.

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 right of the landlord to terminate this agreement under section 83B of the Residential Tenancies Act 2010 1995 (NSWSA), 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;; Marketing Version (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, voidable or otherwise unenforceable.