Common use of INSURANCE, DAMAGE OR DESTRUCTION Clause in Contracts

INSURANCE, DAMAGE OR DESTRUCTION. 12.1 To safeguard the interest of the County, the Lessee at its sole cost and expense shall procure and maintain throughout the term of this lease insurance protection for "all risk" coverage on the structure and improvements of which the Leased Premises is a part, to the extent of one hundred percent (100%) of the actual replacement cost thereof, in insurance companies licensed to do business in the State of California. If said insurance company becomes financially incapable of performing under the terms of said policy, the Lessee shall promptly obtain a new policy issued by a financially responsible carrier and shall submit such new policy as previously provided.

INSURANCE, DAMAGE OR DESTRUCTION. 12.1 13.1 To safeguard the interest of the County, the Lessee Lessee, at its sole cost and expense expense, shall procure and maintain throughout the term of this lease Lease insurance protection for "“all risk" ” coverage on the structure and improvements of which the Leased Premises is a part, to the extent of one hundred percent One Hundred Percent (100%) of the actual replacement cost thereof, in using an insurance company or companies licensed to do business in the State of California. If said insurance company becomes financially incapable of performing under the terms of said policy, the Lessee shall promptly obtain a new policy issued by a financially responsible carrier and shall submit such new policy policy, as previously provided.

INSURANCE, DAMAGE OR DESTRUCTION. 12.1 To safeguard the interest interests of the CountyCounty and Manager, the Lessee Lessee, at its sole cost and expense expense, shall procure and maintain maintain, throughout the term of this lease lease, insurance protection for "“all risk" coverage on the structure and improvements of which the Leased Premises is a part, to the extent of one hundred percent (100%) of the actual replacement cost thereof, in with insurance companies licensed to do business in the State of California. If said insurance company becomes financially incapable of performing under the terms of said policy, the Lessee shall promptly obtain a new policy issued by a financially responsible carrier and shall submit such new policy as previously provided.

INSURANCE, DAMAGE OR DESTRUCTION. 12.1 To safeguard the interest of the County, the Lessee at its sole cost and expense shall procure and maintain throughout the term of this lease insurance protection for "“all risk" ” coverage on the structure and improvements of which the Leased Premises is a part, to the extent of one hundred percent (100%) of the actual replacement cost thereof, in insurance companies licensed to do business in the State of California. If said insurance company becomes financially incapable of performing under the terms of said policy, the Lessee shall promptly obtain a new policy issued by a financially responsible carrier and shall submit such new policy as previously provided.