Insure. The Scheme Operator must insure and keep insured the Village, all Accommodation Units, the communal facilities to the full replacement value and must cover to the greatest practicable extent -
Insure. A Receiver may, if he thinks fit, but without prejudice to the indemnity provided under clause 20 (Costs and Indemnity), effect with any insurer any policy of insurance either in lieu or satisfaction of, or in addition to, the insurance required to be maintained by the Company under this deed.
Insure. (a) To insure and (unless such insurance shall become void by reason of any act, omission, neglect or default by or on the part of the Tenant or any subtenant or other person under the control of the Tenant or any subtenant) to keep insured (and pay all premiums for insuring) the Science Park including the Premises (whether or not with other premises) with a reputable insurance office in the Xxxxxx Xxxxxxx xgainst loss or damage by the Insured Risks for the full reinstatement cost together with insurance against:
(i) architects’, surveyors’ and other professional advisers’ fees at the usual scales current for the time being and the cost of demolition and site clearance consequent upon rebuilding or reinstatement; and
(ii) three years’ loss of the Principal Rent, the Second Rent[, the Third Rent] and the Service Charge or loss of the Principal Rent, the Second Rent[, the Third Rent] and the Service Charge for such longer period as the Landlord shall in its absolute discretion (acting reasonably) deem necessary for the rebuilding or reinstatement of the Premises taking into account any likely increases in such rents during such period subject to such exclusions, conditions, limitations and uninsured excesses as the insurer may reasonably apply, provided that the Landlord shall use reasonable endeavours to ensure that any such exclusions, conditions, limitations and uninsured excesses are no more onerous than would be applied as standard in the London insurance market to a policy at normal commercial rates for a property of this location, size and type.
(b) If the Premises (or those parts of the Centre Common Parts that provide access to the Premises) shall at any time or times be destroyed or damaged by any of the Insured Risks:
(i) to apply all such moneys (except moneys received in respect of loss or damage of or to such adjoining or neighbouring premises or any fixtures and fittings liability to third parties or loss of rent) as the Landlord may receive under or by virtue of such insurance in rebuilding or reinstating the Premises or such parts as may have been damaged or destroyed or the means of access to the same (as the case may be) as expeditiously as possible (subject always to the Landlord being able to obtain all such approvals, consents, licences, permits and permissions from any superior landlord or other competent authorities (which the Landlord shall use reasonable endeavours to obtain) and all such materials and labour as may be necessary for...
Insure. At all times during the Term (unless such insurance shall be cancelled, invalidated or revoked by any act or default of the Leaseholder) to keep the Premises insured against loss or damage by fire and such other risks as the Landlord may from time to time reasonably determine or the Leaseholder or the Leaseholder’s mortgagee may reasonably require in some insurance office of repute to its full reinstatement value (including all professional fees in connection with any reinstatement and two years’ loss of rent) and whenever required will produce to the Leaseholder the insurance policy and the receipt for the last premium and will in the event of the Premises being damaged or destroyed by fire or other risks covered by such insurance as soon as reasonably practicable make a claim against the insurers and lay out the insurance monies in the repair, rebuilding or reinstatement of the Premises.
Insure. 4.1.1 To insure and (unless such insurance shall become void or payment of the insurance moneys shall be refused in whole or in part by reason of any act, omission, neglect or default by or on the part of the Tenant or any subtenant or other person under the control of the Tenant or any subtenant) to keep insured and to pay all premiums for insuring and keeping insured the Building (whether or not with other premises) against loss or damage by the Insured Risks together with insurance against:
(a) architects', surveyors' and other professional advisers' fees at the usual scales current for the time being and the cost of demolition and site clearance consequent upon rebuilding or reinstatement; and
(b) three years' loss of the Rent and Service Charge or loss of the Rent and Service Charge for such period as the Landlord shall in its absolute discretion deem necessary for the rebuilding or reinstatement of the Building taking into account any likely increases in such rents during such period.
4.1.2 If the Premises shall at any time or times be destroyed or damaged by any of the Insured Risks to apply all such moneys (except moneys received in respect of loss or damage of or to such adjoining or neighbouring premises or any fixtures and fittings liability to third parties or loss of rent) as the Landlord may receive under or by virtue of such insurance in rebuilding or reinstating the Building or such parts as may have been damaged or destroyed as expeditiously as possible (subject always to the Landlord being able to obtain all such approvals, consents, licences, permits and permissions from any superior landlord or other competent authorities and all such materials and labour as may be necessary for such rebuilding and reinstatement).
4.1.3 The obligation to reinstate will not apply and the Landlord will be entitled to retain any insurance proceeds received from the insurance for its own benefit where the whole or any part of the insurance proceeds are withheld due to the act or default of the Tenant or the Landlord is prevented from reinstating as a result of not being able to obtain any approvals, consents, licences, permits and permissions from the superior landlord or other competent authorities or any materials and labour as may be necessary for such rebuilding and reinstatement) (having used all reasonable endeavours to obtain the same).
4.1.4 To produce to the Tenant within a reasonable time following demand (but not more than once in every year) a c...
Insure. 5.2:1 At all times to keep the demised premises and all additions thereto of which the Tenant has notified the Landlord insured to the full cost of reinstatement under a policy complying with the terms of this clause;
5.2:2 To produce to the Tenant on demand (but not more often than once in every year unless any building on the demised premises is destroyed or damaged in circumstances that might give rise to an insurance claim) the insurance policy effected pursuant to this clause and confirmation of payment of the last premium paid thereon, or (at the option of the Landlord) evidence from the insurers of the full terms of the policy and that it is still in force and to produce to the Tenant as soon as received any endorsement varying the terms of the insurance policy or a copy thereof or sufficient evidence of the contents thereof;
5.2:3 An insurance policy complies with the terms of this clause if:-
5.2.3:1 it provides cover against loss or damage by any of the following risks ("insured risks") to the extent that such cover is for the time being reasonably available at normal rates for buildings of the type and location of the demised premises for the permitted use and subject to reasonable excesses and exclusions:- fire, lightning, explosion, earthquake, landslip, subsidence, riot, civil commotion, aircraft, aerial devices, storm, flood, impact by vehicles, terrorism and damage by malicious persons and vandals. Together with such other risks against which the Landlord shall from time to time deem it prudent to insure;
5.2.3:2 it insures an appropriate percentage of the rebuilding cost for professional fees incurred in rebuilding or reinstating any building destroyed or damaged by an insured risk and two years' loss of rent;
5.2.3:3 it is effected in some insurance office of repute or at Lloyds.
Insure. 9.5.1 The Scheme Operator must effect and maintain insurance in respect of the Retirement Village (other than accommodation units owned by residents), the Common Property and other improvements, to the full replacement value thereof. All insurance policies effected and maintained pursuant to this clause 9.5.1 must:
9.5.1.1 cover, to the greatest practicable extent:
9.5.1.1.1 damage from earthquake, explosion, fire, lightning, xxxxx, xxxxxxx, water, impact, malicious act or riot and breakage of glass;
9.5.1.1.2 costs incidental to the reinstatement or replacement of insured buildings, including the costs of taking away debris and the fees of architects and other professional advisers; and
9.5.1.1.3 public liability; and
9.5.1.2 provide for the reinstatement of property to its condition when new.
9.5.2 The Scheme Operator may take out any other insurance required by law or which the Scheme Operator considers necessary or desirable for the benefit of the Retirement Village or the Scheme.
9.5.3 Details of the insurance policies maintained by the Scheme Operator under clause 9.5.1 as at the date on which the Public Information Document was given to the Resident are set out in the Public Information Document given to the Resident.
9.5.4 Any insurance policies maintained by the Scheme Operator under clauses 9.5.1 or 9.5.2 may be subject to an excess. However, the amount of the excess must not contravene the Act.
Insure. 4.1.13.1 Without prejudice to its obligations to indemnify the Supplier under Clause 8 the Customer shall take out and at all times during which the Services are provided maintain in effect suitable during the continuance of its contract Public and Product Liability Insurances against the risk of a claim for the loss or damage to the Site(s) or for the death or personal injury to third party with a limit of indemnity for each incident of at least £5,000,000.00 or such other sum that the Supplier may specify from time to time and shall produce to the Supplier documentary evidence from the Insurer that such insurance has been taken out and is being maintained; and
4.1.13.2 As and when the Customer is reasonably required to do so by the Supplier the Customer shall send to the Supplier for inspection by the Supplier documentary evidence from the insurer that the insurances required by clause 4.1.13 have been taken out and are being maintained.
Insure. A Receiver may, if it thinks fit, but without prejudice to the indemnity in clause 15, effect with any insurer any policy of insurance either in lieu or satisfaction of, or in addition to, the insurance required to be maintained by the Chargor under this deed.
Insure. A Receiver may, if he thinks fit, but without prejudice to the indemnity in Clause 16.2, effect with any insurer any policy of insurance either in lieu or satisfaction of, or in addition to, the insurance required to be maintained by the Recipient under this deed. DRAFT
