Common use of Insurance Certificate Requirements Clause in Contracts

Insurance Certificate Requirements. 13.3.1 Tenant shall deliver to Landlord certificates evidencing the existence and amounts of the insurance with loss payable clauses as required herein. No policy shall be cancelable or subject to reduction of coverage or other modification except after thirty (30) days’ prior written notice to Landlord. 13.3.2 The insurance required to be maintained herein may be carried under blanket policies. The insurance shall provide for payment of loss jointly to Landlord and Tenant, as their interests may appear. A stipulated value or agreed amount endorsement deleting the co-insurance provision to the building policy shall be procured.

Appears in 2 contracts

Samples: Commercial Ground Lease (Palace Entertainment Holdings, Inc.), Commercial Ground Lease (Palace Entertainment Holdings, Inc.)

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Insurance Certificate Requirements. 13.3.1 Tenant shall deliver to Landlord certificates evidence of the insurance policies required to be carried hereunder evidencing the existence and amounts of the insurance with loss payable clauses as required herein, with evidence of payment thereof. No policy shall be cancelable or subject to reduction of coverage or other modification except after thirty (30) days’ prior written notice to Landlord. 13.3.2 The insurance required to be maintained herein may be carried under blanket policies. The casualty insurance shall provide for payment of loss jointly to Landlord and Tenant, as their interests may appear. A stipulated value or agreed amount endorsement deleting the co-insurance provision to the building policy shall be procured.

Appears in 1 contract

Samples: Commercial Ground Lease (Palace Entertainment Holdings, Inc.)

Insurance Certificate Requirements. 13.3.1 Tenant shall deliver to Landlord certificates evidencing the existence and amounts of the insurance with loss payable clauses as required herein. No policy shall be cancelable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Landlord. 13.3.2 The insurance required to be maintained herein may be carried under blanket policies. The insurance shall provide for payment of loss jointly to Landlord and Tenant, as their interests may appear. A stipulated value or agreed amount endorsement deleting the co-insurance provision to the building policy shall be procured.

Appears in 1 contract

Samples: Commercial Ground Lease (Palace Entertainment Holdings, Inc.)

Insurance Certificate Requirements. 13.3.1 13.4.1 Tenant shall deliver to Landlord certificates evidencing the existence and amounts of the insurance with loss payable clauses as required herein. No policy shall be cancelable or subject to reduction of coverage or other modification except after thirty (30) days’ prior written notice to Landlord. 13.3.2 13.4.2 The insurance required to be maintained herein may be carried under blanket policies. The insurance shall provide for payment of loss jointly to Landlord and Tenant, as their interests may appear. A stipulated value or agreed amount endorsement deleting the co-insurance provision to the building policy shall be procured.and

Appears in 1 contract

Samples: Commercial Ground Lease (Palace Entertainment Holdings, Inc.)

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Insurance Certificate Requirements. 13.3.1 13.4.1 Tenant shall deliver to Landlord certificates evidencing the existence and amounts of the insurance with loss payable clauses as required herein. No policy shall be cancelable or subject to reduction of coverage or other modification except after thirty (30) days’ prior written notice to Landlord. 13.3.2 13.4.2 The insurance required to be maintained herein may be carried under blanket policies. The insurance shall provide for payment of loss jointly to Landlord and Tenant, as their interests may appear. A stipulated value or agreed amount endorsement deleting the co-insurance provision to the building policy shall be procured.

Appears in 1 contract

Samples: Commercial Ground Lease (Palace Entertainment Holdings, Inc.)

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