Insurance & Security Sample Clauses

Insurance & Security. 7. The Landlord will keep the Premises insured against loss or damage by fire, water and other normal risks and in case of damage or destruction by the insured risks (unless the insurance monies shall be found to be irrecoverable through the act or default of the Tenant) to reinstate or rebuild the Premises as speedily as reasonably possible. No rent is payable for any period that the Premises remain evidently unfit for habitation but this is the limit of the Landlord’s responsibility for such an event or for loss of use by the Tenant for any other reason that is beyond the Landlord’s reasonable control.
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Insurance & Security. DD1 Insurance Certificate DD2 Security DD3 Provisions regarding Activities and Work in Security Areas and Firing Ranges
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Insurance & Security. 1. Borrower will insure the Loaned Property for full replacement value (as specified by Xxxxxx) from the time the Loaned Property leaves Xxxxxx’s facility, until the time the Loaned Property is returned and final condition reports have been completed by Xxxxxx. Borrower must furnish Lender with proof of insurance (satisfactory to Lender in its reasonable discretion) before any Loan Property may be shipped or transported to Borrower or any facility.
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Insurance & Security. 5.7.1 The Lessor will pay at its own cost the usual insurance payments against fire, water damage, and third party liability insurance covering the premises given to the Lessor, as well as for the common areas of the building. It is specified that the interior adaptations to the premises carried out by the Lessee under Articles 5.2 or 5.5.5 of this contract will not be covered by the insurance policy that is taken out by the Lessor, with the latter not assuming any liability in regards to the interior adaptations made to the premises by the Lessee.
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Insurance & Security. Lessee is advised to secure, at Lessee's expense, insurance policies covering any potential loss or damage to Lessee's Lessees' Initials ______________ OFFICE USE ONLY Lessors' Initials ______________ Reviewed by Broker or Designee___Date________ 3 PROPERTY ADDRESS 428 Xxxxxx Xxxx. -------------------------------------------------------------- personal property or vehicles, and liability for injury to any persons in, upon, or about the Property. Lessee understands that Lessor does not maintain insurance to cover any lessee's liabilities, loss, or damage, whether caused by theft, vandalism, other criminal act, negligence of any person, fire, rain, water overflow/leakage, act of God, and/or any other causes. Lessee agrees Lessor is not liable for these occurrences and Lessee shall look solely to Lessee's insurance policies for any reimbursement for any such liabilities, injuries, loss, or damage sustained by Lessee. LESSEE AGREES NOT TO SEEK RECOVERY OR REIMBURSEMENT FROM LESSOR OR BROKER FOR SUCH OCCURRENCES OR ITEMS. LESSEE FURTHER AGREES LESSOR AND BROKER HAVE NO OBLIGATION TO PROVIDE ANY SECURITY FOR THE PROPERTY.
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Related to Insurance & Security

  • Insurance Policy The Employer agrees to remit to the Union an amount to be applied toward the payment of a premium by the Union for an insurance policy which provides a defense attorney to represent all members of the bargaining unit when they are charged with a criminal act that results from events occurring while the bargaining unit member was acting in an official capacity. The maximum amount payable during the term of the Agreement shall be seven dollars ($7.00) per member per month.

  • Flood Insurance With respect to each Mortgaged Property, obtain flood insurance in such total amount as the Administrative Agent or the Required Lenders may from time to time reasonably require, if at any time the area in which any improvements located on any Mortgaged Property is designated a “flood hazard area” in any Flood Insurance Rate Map published by the Federal Emergency Management Agency (or any successor agency), and otherwise comply with the National Flood Insurance Program as set forth in the Flood Disaster Protection Act of 1973, as amended from time to time.

  • R&W Insurance Policy The Buyer has obtained the R&W Insurance Policy and shall pay when due all fees, premiums, and other costs and expenses in connection with the purchase and implementation of the R&W Insurance Policy. The Company and the Seller shall cooperate with the Buyer in connection with the arrangement and origination of the R&W Insurance Policy, including by facilitating the Buyer’s acquisition of a copy of the materials included in the electronic data room established by the Seller and the Company in connection with the transactions contemplated hereby. Buyer shall cause coverage under the R&W Insurance Policy to incept effective as of the signing date of this Agreement and, thereafter, to be issued promptly following the Closing in accordance with the terms of the binder thereof. Buyer shall cause the R&W Insurance Policy to remain in full force and effect, including by: (a) complying with the terms and conditions of the R&W Insurance Policy and (b) satisfying on a timely basis, all conditions necessary for the issuance of or continuance of coverage under the R&W Insurance Policy. During the term of the R&W Insurance Policy, Buyer shall cause the R&W Insurance Policy to explicitly provide for an irrevocable waiver by the insurer(s) that issued the R&W Insurance Policy of any and all rights of subrogation or contribution which such insurer(s) might have under the R&W Insurance Policy against Seller or any of their respective officers, managers, directors, employees or agents under this Agreement, except in the case of Fraud. From and after the signing date of this Agreement, except as may be agreed in writing by Seller, Buyer shall not amend the R&W Insurance Policy in any manner that expands the rights of subrogation or contribution which the insurer(s) that issued the R&W Insurance Policy have under the R&W Insurance Policy to any claims of Buyer against Seller, or any of their respective officers, managers, directors, employees or agents under this Agreement, which, for the avoidance of doubt, such anti-subrogation provisions shall not apply in the case of Fraud.

  • Insurance Company The Buyer is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a State, territory or the District of Columbia.

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