Common use of Insurance Provisions Clause in Contracts

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475 (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000; (iv) contain a standard non‑contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 2 contracts

Samples: Master Lease Agreement (Synalloy Corp), Master Lease Agreement (Synalloy Corp)

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Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (viv) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (viv) provide that the insurer shall not have the option to restore the Properties Property if Lessor elects to terminate this Lease in accordance with the terms hereof; (viivi) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viiivii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to general liability insurance and real property insurance, and as an a additional named insured” or “additional insuredloss payee” with respect to all real property and rental value insurance, as appropriate and as their interests may appear; (ixviii) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery property coverage (or any other form requested by Lessorcommercially recognized form) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessorcommercially recognized form); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (xix) be issued by insurance companies licensed to do business in the states where the Properties Property are located and which are rated no less than A-X VIII by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 2 contracts

Samples: Lease Agreement (Four Corners Property Trust, Inc.), Lease Agreement (Four Corners Property Trust, Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against LessorXxxxxx, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000100,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000; (iv) contain a standard non‑contributory noncontributory mortgagee clause or endorsement in favor of any Lender designated by LessorXxxxxx; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii5.03(a)(iii) above, name include Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an a additional named insured” or “additional insuredloss payee” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor)coverage; provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A- by S&P, A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (Societal CDMO, Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000; (iv) contain a standard non‑contributory non contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (Synalloy Corp)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide provide (A) for a waiver of subrogation by the insurer as to claims against LessorLandlord, its employees and agents; (B) that the insurer shall not deny a claim and that such insurance cannot be unreasonably cancelled, invalidated or suspended on account of the conduct of Tenant, its officers, directors, employees or agents, or anyone acting for Tenant or any subtenant or other occupant of the Properties; and (C) that any losses otherwise payable thereunder shall be payable notwithstanding any act or omission of Landlord or Tenant which might, absent such provision, result in a forfeiture of all or a part of such insurance payment; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor Landlord and the insurance policy shall not be brought into contribution with insurance maintained by LessorLandlord; (iii) contain deductibles or self-insured retention amounts not to exceed $25,000, 250,000 (except deductibles for property insurance and workers’ compensation insurance insurance, which shall not exceed $500,000); provided, however, such deductibles may have a deductible up change from time to $250,000time upon Tenant’s request, subject to Landlord’s consent, not to be unreasonably withheld, conditioned, or delayed; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by LessorLandlord; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor Landlord and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor Landlord elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii7.03(a)(ii) above, name Lessor Landlord and any Lessor Landlord Affiliate or Lender requested by LessorLandlord, as an “additional insured” with respect to general liability insurance, and as an a additional named insured” or “additional insuredloss payee” with respect to all real property property, Personalty and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor Landlord and any Lender designated by Lessor Landlord of an Xxxxx Form 28 for property, business interruption rental value and boiler & machinery coverage (or any other form requested by LessorLandlord) and an Xxxxx Form 25 for commercial general liability, automobile, workers’ compensation and umbrella coverage (or any other form requested by LessorLandlord); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor Landlord and any Lender designated by LessorLandlord; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X :VIII or better by Best’s Insurance Guide or are otherwise approved by LessorLandlord.

Appears in 1 contract

Samples: Master Lease Agreement (Party City Holdco Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475 (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained required by Section 6.1(a) shall provide that the proceeds thereof shall be payable to Lessor and if Lessor so requests shall also be payable to the insurance holder of any mortgages now or hereafter becoming a lien on the fee of the Premises, or any portion thereof, as the interest of such holder appears pursuant to a standard named insured or mortgagee clause. Each policy required under this Article 6 shall have attached thereto (a) an endorsement that such policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000; (iv) contain a standard non‑contributory mortgagee clause canceled or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or amended materially changed without at least thirty (30) days’ days prior written notice to Lessor and Lessor's mortgagee, (b) an endorsement to any Lender covered the effect that the insurance as to the interest of Lessor shall not be invalidated by any standard mortgagee clause act or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if neglect of Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insuranceLessee, and as (c) an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor endorsement acknowledging the above waivers of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence subrogation. Such certificates of insurance shall be in a form reasonably acceptable to Lessor, shall be delivered to Lessor upon commencement of the term and prior to expiration of such policy, new certificates of insurance, shall be delivered to Lessor not less than twenty (20) days prior to the expiration of the then current policy term. Such policies of insurance shall be written in companies reasonably satisfactory to Lessor, with deductibles and other terms reasonably acceptable to Lessor, naming Lessor and its mortgagee as additional insureds thereunder, and such policies, or a memorandum or certificate of such insurance, shall be delivered to Lessor endorsed "Premium Paid" by the company or agency issuing the same or accompanied by other evidence satisfactory to Lessor and that the premium thereon has been paid. Any such coverage shall be deemed primary to any Lender designated liability coverage secured by Lessor; and . Such insurance shall also afford coverage for all claims based upon acts, omissions, injury or damage, which claims occurred or arose (xor the onset of which occurred or arose) be issued by insurance companies licensed to do business in whole or in part during the states where the Properties are located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessorpolicy period.

Appears in 1 contract

Samples: Office Lease (Exe Technologies Inc)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide (A) for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (B) that the insurer shall not deny a claim and that such insurance cannot be unreasonably cancelled, invalidated or suspended on account of the conduct of Lessee, its officers, directors, employees or agents, or anyone acting for Lessee or any subtenant or other occupant of the Property; and (C) that any losses otherwise payable thereunder shall be payable notwithstanding any act or omission of Lessor or Lessee which might, absent such provision, result in a forfeiture of all or a part of such insurance payment; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance 50,000 (and workers’ compensation insurance which may have a deductible up to $250,000increases with the reasonable consent of Lessor); (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties Property if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender Lender, if applicable, requested by Lessor, as an “additional insured” with respect to general liability insuranceinsurance and real property, and as an a additional named insured” or “additional insuredloss payee” with respect to all real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor Lessor, if applicable, of an Xxxxx Form 28 for property, business interruption rental value and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor. The approved Xxxxx Forms are attached hereto as Exhibit D; and (x) be issued by insurance companies licensed to do business in the states where the Properties are Property is located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Lease Agreement (U.S. Auto Parts Network, Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against LessorXxxxxx, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000350,000 for all coverages except the deductible for (A) “all risk” policies shall not exceed $750,000, except for property insurance (B) named storm coverage shall not exceed the greater of five percent (5%) of the insured value or $500,000, (C) earthquake coverage shall not exceed the greater of two percent (2%) of the insured value or $500,000, and workers’ compensation insurance which may have a deductible up to (D) commercial general liability shall not exceed $250,000150,000; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by LessorXxxxxx; (v) provide that the policy of insurance shall not be terminated, terminated or cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by LessorXxxxxx, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ixvii) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (xviii) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (Ampco Pittsburgh Corp)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000100,000; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or materially amended (such that the policy is no longer in compliance with the requirements of this Lease) without at least thirty (30) days’ prior written notice from Lessee to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties Property if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above and automobile liability insurance referred to in Section 6.03(a)(v) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an 4820-2439-8970. 3 STORE I RT Logic (Kratos) Amended and Restated Lease Agreement File No: 7210/02-525.1 “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are Property is located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Lease Agreement (Kratos Defense & Security Solutions, Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) if available, provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (Live Oak Acquisition Corp)

Insurance Provisions. All insurance policies shall: 48494830-31741362-9992.2 4631.5 STORE/Synalloy A&R Master Lease Agreement 7 6 Properties in OH, PA, SC, TN and TX File No. 7210/02-475 (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000; (iv) contain a standard non‑contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (Synalloy Corp)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any "other insurance" clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property with the exception of worker's compensation insurance, which shall be subject to deductibles established by the captive insurance and workers’ compensation insurance which may have a deductible up to $250,000program; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, terminated or cancelled or amended without at least thirty (30) days' prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viiivii) except for workers' compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an "additional insured" with respect to liability insurance, and as an "additional named insured" or "additional insured" with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ixviii) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers' compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (xix) be issued by insurance companies licensed to do business in the states where the Properties are Property is located and which are rated no less than A-X by Best’s 's Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Lease Agreement (Salona Global Medical Device Corp)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide (A) for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (B) that the insurer shall not deny a claim and that such insurance cannot be unreasonably cancelled, invalidated or suspended on account of the conduct of Lessee, its officers, directors, employees or agents, or anyone acting for Lessee or any subtenant or other occupant of the Properties; and (C) that any losses otherwise payable thereunder shall be payable notwithstanding any act or omission of Lessor or Lessee which might, absent such provision, result in a forfeiture of all or a part of such insurance payment; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,00025,000.00; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsementendorsement deleting “endeavor to” and “but failure to mail such notice shall impose no obligation or liability of any kind upon the company, its agents or representatives” language; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to general liability insurance, and as an a additional named insured” or “additional insured” with respect to real property property, and as a “loss payee” with respect to all real property, and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption rental value and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X :X or better by Best’s Insurance h1surance Guide or are otherwise approved by Lessor. (xi) be issued without a Protective Safeguard Endorsement or Warranties.

Appears in 1 contract

Samples: Master Lease Agreement (21st Century Oncology Holdings, Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000100,000; (iv) contain a standard non‑contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or materially amended (such that the policy is no longer in compliance with the requirements of this Lease) without at least thirty (30) days’ prior written notice from Lessee to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties Property if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above and automobile liability insurance referred to in Section 6.03(a)(v) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are Property is located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor. 4837-1132-0135.14 STORE / RT Logic (Kratos) Lease Agreement (New Building Area) File No.: 7210/02-525.1

Appears in 1 contract

Samples: Lease Agreement (Kratos Defense & Security Solutions, Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against LessorLxxxxx, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000100,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000; (iv) contain a standard non‑contributory noncontributory mortgagee clause or endorsement in favor of any Lender designated by LessorLxxxxx; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii5.03(a)(iii) above, name include Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an a additional named insured” or “additional insuredloss payee” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Axxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Axxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor)coverage; provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A- by S&P, A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (Societal CDMO, Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475except as otherwise noted herein: (i) provide for a waiver of subrogation except the Workers Compensation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude non-contributory with respect to any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000; (iv) contain a standard non‑contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viiivii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ixviii) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, automobile liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (xix) be issued by insurance companies licensed to do business in the states where the Properties are Property is located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Lease Agreement (Iec Electronics Corp)

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Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against LessorLandlord, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor Landlord and the insurance policy shall not be brought into contribution with insurance maintained by LessorLandlord; (iii) contain deductibles not to exceed $25,000, except that the deductible for property earthquake insurance and workers’ compensation insurance which may have a deductible up be in an amount equal to $250,0005% of the amount of coverage; (iv) contain a standard non‑contributory mortgagee clause or endorsement in favor of any Lender designated by LessorLandlord; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor Landlord and to any Lender covered by any standard mortgagee clause or endorsement, or if the insurer will not agree to provide such notice to Landlord, provide that Tenant will notify Landlord within ten (10) days after Tenant’s receipt of such notice from the insurer; (vi) provide that the insurer shall not have the option to restore the Properties Premises if Lessor Landlord elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor Landlord and any Lessor Landlord Affiliate or Lender requested by LessorLandlord, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ixviii) be evidenced by delivery to Lessor Landlord and any Lender designated by Lessor Landlord of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by LessorLandlord) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by LessorLandlord); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor Landlord and any Lender designated by LessorLandlord; and (xix) be issued by insurance companies licensed to do business in the states state where the Properties are Premises is located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by LessorLandlord.

Appears in 1 contract

Samples: Lease Agreement (Modiv Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000100,000; (iv) contain a standard non‑contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor;; 4830-8668-1413.9 STORE / RT Logic (Kratos) Lease Agreement (Existing Building Area) File No.: 7210/02-525.1 (v) provide that the policy of insurance shall not be terminated, cancelled or materially amended (such that the policy is no longer in compliance with the requirements of this Lease) without at least thirty (30) days’ prior written notice from Lessee to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties Property if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above and automobile liability insurance referred to in Section 6.03(a)(v) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are Property is located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Lease Agreement (Kratos Defense & Security Solutions, Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide (A) for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (B) that the insurer shall not deny a claim and that such insurance cannot be unreasonably cancelled, invalidated or suspended on account of the conduct of Lessee, its officers, directors, employees or agents, or anyone acting for Lessee or any subtenant or other occupant of the Properties; and (C) that any losses otherwise payable thereunder shall be payable notwithstanding any act or omission of Lessor or Lessee which might, absent such provision, result in a forfeiture of all or a part of such insurance payment; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,00025,000.00; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsementendorsement deleting “endeavor to” and “but failure to mail such notice shall impose no obligation or liability of any kind upon the company, its agents or representatives” language; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to general liability insurance, and as an a additional named insured” or “additional insured” with respect to real property property, and as a “loss payee” with respect to all real property, and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption rental value and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X :X or better by Best’s Insurance Guide or are otherwise approved by Lessor. (xi) be issued without a Protective Safeguard Endorsement or Warranties.

Appears in 1 contract

Samples: Master Lease Agreement (21st Century Oncology Holdings, Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide (A) for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (B) that the insurer shall not deny a claim and that such insurance cannot be unreasonably cancelled, invalidated or suspended on account of the conduct of Lessee, its officers, directors, employees or agents, or anyone acting for Lessee or any subtenant or other occupant of the Properties; and (C) that any losses otherwise payable thereunder shall be payable notwithstanding any act or omission of Lessor or Lessee which might, absent such provision, result in a forfeiture of all or a part of such insurance payment; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Axxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Axxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (ARC Group, Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any "other insurance" clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance other than earthquake and workers’ compensation insurance flood deductibles which may have a deductible up to shall not exceed $250,00050,000; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days' prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viiivii) except for workers' compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an "additional insured" with respect to liability insurance, and as an "additional named insured" or "additional insured" with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ixviii) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers' compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (xix) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X by Best’s 's Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (LIVE VENTURES Inc)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against LessorXxxxxx, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000150,000 or, except for property with respect to earthquake insurance and workers’ compensation only, 5% of total insurable value per unit of insurance which may have subject to a deductible up to $250,00025,000 minimum per occurrence; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by LessorXxxxxx; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by LessorXxxxxx, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (Local Bounti Corporation/De)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide (A) for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (B) that the insurer shall not deny a claim and that such insurance cannot be unreasonably cancelled, invalidated or suspended on account of the conduct of Lessee, its officers, directors, employees or agents, or anyone acting for Lessee or any subtenant or other occupant of the Properties; and (C) that any losses otherwise payable thereunder shall be payable notwithstanding any act or omission of Lessor or Lessee which might, absent such provision, result in a forfeiture of all or a part of such insurance payment; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,00025,000.00; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to general liability insurance, and as an a additional named insured” or “additional insured” with respect to real property, and as a “loss payee” with respect to all real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption rental value and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (21st Century Oncology Holdings, Inc.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor;; provided, however, that the foregoing requirement shall only apply to Lessee’s property, commercial general liability insurance, automobile liability insurance, and umbrella liability policies; 4851-8930-3408.5 STORE / Ampco Master Lease Agreement 4 Properties in PA and IN File No.: 7210/02-637 (iii) contain deductibles not to exceed $25,00025,000 for all coverages except the deductible for (A) “all risk” policies shall not exceed $100,000, except for property insurance and workers’ compensation insurance which may have a deductible up to (B) named storm coverage shall not exceed the greater of five percent (5%) of the insured value or $250,000, (C) earthquake coverage shall not exceed the greater of two percent (2%) of the insured value or $250,000, and (D) commercial general liability shall not exceed $150,000; (iv) contain a standard non‑contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, terminated or cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties if Lessor elects to terminate this Lease in accordance with the terms hereofintentionally deleted; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Axxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Axxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Master Lease Agreement (Ampco Pittsburgh Corp)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide (A) for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (B) that the insurer shall not deny a claim and that such insurance cannot be unreasonably cancelled, invalidated or suspended on account of the conduct of Lessee, its officers, directors, employees or agents, or anyone acting for Lessee or any subtenant or other occupant of the Property; and (C) that any losses otherwise payable thereunder shall be payable notwithstanding any act or omission of Lessor or Lessee which might, absent such provision, result in a forfeiture of all or a part of such insurance payment; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,00050,000.00; provided, except for property insurance and workers’ compensation insurance which may have however the deductible with respect to any claim based upon a deductible up to named storm shall not exceed $250,000100,000.00; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or amended without at least thirty (30) days’ prior written notice to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties Property if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to general liability insurance and business interruption insurance, and as an a additional named insured” or “additional insured” with respect to real property, and as a “loss payee” with respect to all real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other commercially reasonably form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other commercially reasonably form requested by Lessor); provided that in the event that either such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states state where the Properties are Property is located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Lease Agreement (API Technologies Corp.)

Insurance Provisions. All insurance policies shall: 4849-3174-9992.2 STORE/Synalloy A&R Master Lease Agreement 7 Properties in OH, PA, SC, TN and TX File No. 7210/02-475: (i) provide for a waiver of subrogation by the insurer as to claims against Lessor, its employees and agents; (ii) be primary and provide that any “other insurance” clause in the insurance policy shall exclude any policies of insurance maintained by Lessor and the insurance policy shall not be brought into contribution with insurance maintained by Lessor; (iii) contain deductibles not to exceed $25,000, except for property insurance and workers’ compensation insurance which may have a deductible up to $250,000100,000; (iv) contain a standard non‑contributory non-contributory mortgagee clause or endorsement in favor of any Lender designated by Lessor; (v) provide that the policy of insurance shall not be terminated, cancelled or materially amended (such that the policy is no longer in compliance with the requirements of this Lease) without at least thirty (30) days’ prior written notice from Lessee to Lessor and to any Lender covered by any standard mortgagee clause or endorsement; (vi) provide that the insurer shall not have the option to restore the Properties Property if Lessor elects to terminate this Lease in accordance with the terms hereof; (vii) be in amounts sufficient at all times to satisfy any coinsurance requirements thereof; (viii) except for workers’ compensation insurance referred to in Section 6.03(a)(iii) above and automobile liability insurance referred to in Section 6.03(a)(v) above, name Lessor and any Lessor Affiliate or Lender requested by Lessor, as an “additional insured” with respect to liability insurance, and as an “additional named insured” or “additional insured” with respect to real property and rental value insurance, as appropriate and as their interests may appear; (ix) be evidenced by delivery to Lessor and any Lender designated by Lessor of an Xxxxx Form 28 for property, business interruption and boiler & machinery coverage (or any other form requested by Lessor) and an Xxxxx Form 25 for commercial general liability, workers’ compensation and umbrella coverage (or any other form requested by Lessor); provided that in the event that either STORE / RT Logic (Kratos) Second A&R Lease Agreement File No. 7210/02-525.1 4816-6651-1278.2 such form is no longer available, such evidence of insurance shall be in a form reasonably satisfactory to Lessor and any Lender designated by Lessor; and (x) be issued by insurance companies licensed to do business in the states where the Properties are Property is located and which are rated no less than A-X by Best’s Insurance Guide or are otherwise approved by Lessor.

Appears in 1 contract

Samples: Lease Agreement (Kratos Defense & Security Solutions, Inc.)

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