Insurance to be Carried. A. Manager shall obtain and keep in full force and effect at Owner's or Owner JV's expense insurance (1) on the Xxxxx' Managed Properties and (2) on activities at the properties against such hazards as Owner and Manager shall deem appropriate. In any event, Manager shall procure, for the Xxxxx' Managed Properties, insurance sufficient to comply with the Leases and the Ownership Agreements. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager and the applicable Owner or Owner JV. B. Manager shall obtain and keep in full force and effect, in accordance with the laws of the state in which each Xxxxx' Managed Property is located, worker's compensation insurance covering all employees of Manager at the Xxxxx' Managed Properties and all persons engaged in the performance of any work required hereunder. Manager shall also obtain and keep in full force and effect, in accordance with the laws of the state in which each Xxxxx' Managed Property is located, employer's liability, employee theft, commercial general liability, and umbrella insurance, and Manager shall furnish Owner certificates of insurers naming Advisor, Owner and/or Owner JV as co-insureds and evidencing that such insurance is in effect. If any work under this Agreement is subcontracted as permitted herein, Manager shall include in each subcontract a provision that the subcontractor shall also furnish Advisor, Owner and/or Owner JV, as appropriate, with such a certificate evidencing coverage (and any other coverage Manager deems appropriate in the circumstances) and the naming of Advisor, Owner and/or Owner JV as co-insureds and evidencing that such insurance is in effect, as well as indemnification as is customary in the discretion of the Manager. The cost of such insurance procured by Manager shall be reimbursable to the same extent as provided in Section 3.1.
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Samples: Master Property Management, Leasing and Construction Management Agreement, Master Property Management, Leasing and Construction Management Agreement (Wells Real Estate Investment Trust Ii Inc)
Insurance to be Carried. A. Manager shall obtain and keep in full force and effect at Owner's ’s or Owner JV's ’s expense insurance (1) on the Xxxxx' Managed Properties and (2) on activities at the properties against such hazards as Owner and Manager shall deem appropriate. In any event, Manager shall procure, for the Xxxxx' Managed PropertiesProperties for which Manager is property manager, insurance sufficient to comply with the Leases and the Ownership Agreements. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager and the applicable Owner or Owner JV.
B. Manager shall obtain and keep in full force and effect, in accordance with the laws of the state in which each Xxxxx' Managed Property is located, worker's ’s compensation insurance covering all employees of Manager at the Xxxxx' Managed Properties and all persons engaged in the performance of any work required hereunder. Manager shall also obtain and keep in full force and effect, in accordance with the laws of the state in which each Xxxxx' Managed Property is located, employer's ’s liability, employee theft, commercial general liability, and umbrella insurance, and Manager shall furnish Owner certificates of insurers naming Advisor, Owner and/or Owner JV as co-insureds and evidencing that such insurance is in effect. If any work under this Agreement is subcontracted as permitted herein, Manager shall include in each subcontract a provision that the subcontractor shall also furnish Advisor, Owner and/or Owner JV, as appropriate, with such a certificate evidencing coverage (and any other coverage Manager deems appropriate in the circumstances) and the naming of Advisor, Owner and/or Owner JV as co-insureds and evidencing that such insurance is in effect, as well as indemnification as is customary in the discretion of the Manager. The cost of such insurance procured by Manager shall be reimbursable to the same extent as provided in Section 3.1.
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Insurance to be Carried. A. Manager shall obtain and keep in full force and effect effect, or cause to be obtained and kept in full force and effect, at Owner's ’s or Owner JV's ’s expense insurance insurance, unless paid directly by a tenant at a Property, (1) on the Xxxxx' Managed Properties and (2) on activities at the properties against such hazards as Owner and Manager shall deem appropriate. In any event, Manager shall procure, for the Xxxxx' Managed PropertiesProperties for which Manager is property manager, insurance sufficient to comply with the Leases and the Ownership Agreements. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager and the applicable Owner or Owner JV.
B. Manager shall obtain and keep in full force and effect, in accordance with the laws of the state in which each Xxxxx' Managed Property is located, worker's ’s compensation insurance covering all employees of Manager at the Xxxxx' Managed Properties and all persons engaged in the performance of any work required hereunder. Manager shall also obtain and keep in full force and effect, in accordance with the laws of the state in which each Xxxxx' Managed Property is located, employer's ’s liability, employee theft, commercial general liability, and umbrella insurance, and Manager shall furnish Owner certificates of insurers naming Asset Advisor, Owner and/or Owner JV as co-insureds and evidencing that such insurance is in effect. If any work under this Agreement is subcontracted as permitted herein, Manager shall include in each subcontract a provision that the subcontractor shall also furnish Advisor, Owner and/or Owner JV, as appropriate, with such a certificate evidencing coverage (and any other coverage Manager deems appropriate in the circumstances) and the naming of Asset Advisor, Owner and/or Owner JV as co-insureds and evidencing that such insurance is in effect, as well as indemnification as is customary in the discretion of the Manager. The cost of such insurance procured by Manager shall be reimbursable to the same extent as provided in Section 3.1.
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Samples: Property Management & Real Estate (Wells Real Estate Investment Trust Inc)
Insurance to be Carried. A. Manager shall obtain and keep in full force and effect effect, or cause to be obtained and kept in full force and effect, at Owner's ’s or Owner JV's ’s expense insurance insurance, unless paid directly by a tenant at a Property, (1) on the Xxxxx' Managed Properties and (2) on activities at the properties against such hazards as Owner and Manager shall deem appropriate. In any event, Manager shall procure, for the Xxxxx' Managed PropertiesProperties for which Manager is property manager, insurance sufficient to comply with the Leases and the Ownership Agreements. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager and the applicable Owner or Owner JV.
B. Manager shall obtain and keep in full force and effect, in accordance with the laws of the state in which each Xxxxx' Managed Property is located, worker's ’s compensation insurance covering all employees of Manager at the Xxxxx' Managed Properties and all persons engaged in the performance of any work required hereunder. Manager shall also obtain and keep in full force and effect, in accordance with the laws of the state in which each Xxxxx' Managed Property is located, employer's ’s liability, employee theft, commercial general liability, and umbrella insurance, and Manager shall furnish Owner certificates of insurers naming Advisor, Owner and/or Owner JV as co-insureds and evidencing that such insurance is in effect. If any work under this Agreement is subcontracted as permitted herein, Manager shall include in each subcontract a provision that the subcontractor shall also furnish Advisor, Owner and/or Owner JV, as appropriate, with such a certificate evidencing coverage (and any other coverage Manager deems appropriate in the circumstances) and the naming of Advisor, Owner and/or Owner JV as co-insureds and evidencing that such insurance is in effect, as well as indemnification as is customary in the discretion of the Manager. The cost of such insurance procured by Manager shall be reimbursable to the same extent as provided in Section 3.1.
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Insurance to be Carried. A. Manager shall obtain and keep in full force and effect at Owner's ’s or Owner JV's ’s expense insurance (1) on the Xxxxx' Managed Properties and (2) on activities at the properties against such hazards as Owner and Manager shall deem appropriate. In any event, Manager shall procure, for the Xxxxx' Managed PropertiesProperties for which Manager is property manager, insurance sufficient to comply with the Leases and the Ownership Agreements. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager and the applicable Owner or Owner JV.
B. Manager shall obtain and keep in full force and effect, in accordance with the laws of the state in which each Xxxxx' Managed Property is located, worker's ’s compensation insurance covering all employees of Manager at the Xxxxx' Managed Properties and all persons engaged in the performance of any work required hereunder. Manager shall also obtain and keep in full force and effect, in accordance with the laws of the state in which each Xxxxx' Managed Property is located, employer's ’s liability, employee theft, commercial general liability, and umbrella insurance, and Manager shall furnish Owner certificates of insurers naming Advisor, Owner and/or Owner JV as co-insureds and evidencing that such insurance is in effect. If any work under this Agreement is subcontracted as permitted herein, Manager shall include in each subcontract a provision that the subcontractor shall also furnish Advisor, Owner and/or Owner JV, as appropriate, with such a certificate evidencing coverage (and any other coverage Manager deems appropriate in the circumstances) and the naming of Advisor, Owner and/or Owner JV as co-insureds and evidencing that such insurance is in effect, as well as indemnification as is customary in the discretion of the Manager. The cost of such insurance procured by Manager shall be reimbursable to the same extent as provided in Section 3.1.
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