Common use of Insurance Requirements Modification Clause in Contracts

Insurance Requirements Modification. If the Lessor at any time, but not more than annually, believes that the limits or extent of coverage, conditions, deductibles or self insurance retention, with respect to any of the insurance required by this Lease are insufficient for a prudent owner of property of the nature of the Premises, the Lessor may determine the proper and reasonable limits and extent of coverage, deductibles, conditions, and self

Appears in 2 contracts

Samples: Residential Master Lease, Residential Master Lease

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Insurance Requirements Modification. If the Lessor at any time, but not more than annually, believes that the limits or extent of coverage, conditions, deductibles or self self-insurance retention, with respect to any of the insurance required by this Lease are insufficient for a prudent owner of property of the nature of the Premises, the Lessor may determine the proper and reasonable limits and extent of coverage, deductibles, conditions, deductibles and self-insurance retention limits for such insurance and such insurance shall thereafter be carried by the Lessee until changed pursuant to the provisions of this section.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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Insurance Requirements Modification. If the Lessor at any time, but not more than annually, believes that the limits or extent of coverage, conditions, deductibles or self self-insurance retention, with respect to any of the insurance required by this Lease are insufficient for a prudent owner of property of the nature of the Premises, the Lessor may determine the proper and reasonable limits and extent of coverage, deductibles, conditions, deductibles and self-insurance retention limits for such insurance and such insurance shall thereafter be carried by the Lessee until changed pursuant to the provisions of this section.‌

Appears in 1 contract

Samples: Lease Agreement

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