Common use of Insurance Company Requirement Clause in Contracts

Insurance Company Requirement. Insurance required by this Lease shall be issued by companies holding a general policyholder’s rating of at least A/7 as set forth in the most current issue of Best’s Insurance Guide and authorized to do business in the state in which the Premises are located. If this publication is discontinued, then another insurance rating guide or service generally recognized as authoritative shall be substituted by Landlord.

Appears in 3 contracts

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

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Insurance Company Requirement. Insurance required by this Lease shall be issued by companies holding a general policyholder’s rating of at least A/7 A-VIII or better as set forth in the most current issue of Best’s Insurance Guide and authorized to do business in the state in which the Premises are Property is located. If this publication is discontinued, then another insurance rating guide or service generally recognized as authoritative shall be substituted by Landlord.

Appears in 2 contracts

Samples: Master Lease Agreement, Master Lease Agreement (Franklin Covey Co)

Insurance Company Requirement. Insurance required by this Lease shall be issued by companies holding a general policyholder’s rating of at least A/7 A-VIII or better as set forth in the most current issue of Best’s Insurance Guide and authorized to do business in the state in which the Premises are located. If this publication is discontinued, then another insurance rating guide or service generally recognized as authoritative shall be substituted by Landlord.

Appears in 2 contracts

Samples: Land and Building Lease Agreement (Stran & Company, Inc.), Master Land and Building Lease Agreement (Par Pacific Holdings, Inc.)

Insurance Company Requirement. Insurance required by this Lease shall be issued by companies holding a general policyholder’s rating of at least A/7 A VII as set forth in the most current issue of Best’s Insurance Guide and authorized to do business in the state in which the Premises are located. If this publication is discontinued, then another insurance rating guide or service generally recognized as authoritative shall be substituted by Landlord.

Appears in 2 contracts

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

Insurance Company Requirement. Insurance required by this Lease shall be issued by companies holding a general policyholder’s rating of at least A/7 A-VIII or better as set forth in the most current issue of Best’s Insurance Guide and authorized to do business in the state states in which the Premises are located. If this publication is discontinued, then another insurance rating guide or service generally recognized as authoritative shall be substituted by Landlord.

Appears in 1 contract

Samples: Land and Building Lease Agreement (Titan Global Holdings, Inc.)

Insurance Company Requirement. Insurance required by this Lease shall be issued by companies holding a general policyholder’s rating of at least A/7 A/VIII or better as set forth in the most current issue of Best’s Insurance Guide or A- and better by S&P, and authorized to do business in the state in which the Premises Properties are located. If this publication is discontinued, then another insurance rating guide or service generally recognized as authoritative shall be substituted by Landlord.

Appears in 1 contract

Samples: Master Lease Agreement (iMedia Brands, Inc.)

Insurance Company Requirement. Insurance required by this Lease shall be issued by companies holding a general policyholder’s 's rating of at least A/7 A-VIII or better as set forth in the most current issue of Best’s 's Insurance Guide and authorized to do business in the state in which the Premises are located. If this publication is discontinued, then another insurance rating guide or service generally recognized as authoritative shall be substituted by Landlord.

Appears in 1 contract

Samples: Land and Building Lease Agreement (Intricon Corp)

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Insurance Company Requirement. Insurance required by this Lease shall be issued by companies holding a general policyholder’s rating of at least A/7 lease A as set forth in the most current issue of Best’s Insurance Guide and authorized to do business in the state in which the Premises are located. If this publication is discontinued, then another insurance rating guide or service generally recognized as authoritative shall be substituted by Landlord.

Appears in 1 contract

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

Insurance Company Requirement. Insurance required by this Lease shall be issued by companies holding a general policyholder’s 's rating of at least A/7 A-VIII or better as set forth in the most current issue of Best’s 's Insurance Guide and authorized to do business in ---------------------- the state in which the Premises are located. If this publication is discontinued, then another insurance rating guide or service generally recognized as authoritative shall be substituted by Landlord.

Appears in 1 contract

Samples: Land and Building Lease Agreement (Ediets Com Inc)

Insurance Company Requirement. Insurance required by this Lease shall be issued by companies holding a general policyholder’s 's rating of at least A/7 A -VII as set forth in the most current issue of Best’s 's Insurance Guide and authorized to do business in the state in which the Premises are located. If this publication is discontinued, then another insurance rating guide or service generally recognized as authoritative shall be substituted by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Sports Club Co Inc)

Insurance Company Requirement. Insurance required by this Lease shall be issued by companies holding a general policyholder’s rating of at least A/7 A and a financial size category of not less than X as set forth in the most current issue of Best’s Insurance Guide and who are authorized to do business in the state in which the Premises are located. If this publication is discontinued, then another insurance rating guide or service generally recognized as authoritative shall be substituted by Landlord. No insurance policy maintained by Tenant hereunder shall provide for a deductible or self-insured retention in excess of $25,000.00.

Appears in 1 contract

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

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