Insurance to be Carried. (a) The Properties shall be insured by Owner against such hazards as Owner shall deem appropriate. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.
Appears in 14 contracts
Samples: Management Agreement (Industrial Logistics Realty Trust Inc.), Management Agreement (Logistics Property Trust Inc.), Management Agreement (Logistics Property Trust Inc.)
Insurance to be Carried. (a) The Partnership Properties shall be insured by Owner against such hazards as Owner shall deem appropriate, but in any event insurance sufficient to comply with the Leases and the Partnership Agreement shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.
Appears in 3 contracts
Samples: Management Agreement (Wells Real Estate Fd Xii L P & Wells Real Estate Fd Xiii Lp), Management Agreement (Wells Real Estate Fund Xiii L P), Management Agreement (Wells Real Estate Fd Xii L P & Wells Real Estate Fd Xiii Lp)
Insurance to be Carried. (a) The Properties Owner shall be insured by Owner against such hazards as Owner shall deem appropriate, but in any event insurance sufficient to comply with the Leases and the Ownership Agreement shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.
Appears in 2 contracts
Samples: Management Agreement (Wells Real Estate Investment Trust Inc), Management Agreement (Wells Real Eastate Investment Trust Inc)
