Common use of Insured Losses Clause in Contracts

Insured Losses. i. Manager shall be responsible for taking all steps necessary to file any claim for insured losses or damages; provided that Manager will not make any adjustments or settlements in excess of $50,000.00 without Owner’s prior written consent. ii. Manager shall coordinate with the appropriate insurance company or companies, if applicable, to process claims. iii. Manager shall administer compliance of insurance provisions of tenant leases for all vendors and commercial tenants, including confirming insurance requirements for any special events at the Premises and obtaining certificates of insurance. iv. At the request of Owner, Manager shall assist Owner’s insurance consultants with any necessary insurance matters. v. Manager shall attend Owner’s meetings regarding loss control and claims.

Appears in 14 contracts

Samples: Master Real Estate Management Agreement, Master Real Estate Management Agreement (Inland Residential Properties Trust, Inc.), Master Real Estate Management Agreement (Inland Residential Properties Trust, Inc.)

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Insured Losses. i. Manager shall be responsible for taking all steps necessary to file any claim for insured losses or damages; provided that Manager will not make any adjustments or settlements in excess of $50,000.00 without Owner’s prior written consent. ii. Manager shall coordinate with the appropriate insurance company or companies, if applicable, to process claims. iii. Manager shall administer compliance of insurance provisions of tenant leases for all vendors and commercial tenants, including confirming insurance requirements for any special events at the Premises and obtaining certificates of insurance. iv. At the request of Owner, Manager shall assist Owner’s insurance consultants with any necessary insurance matters. v. Manager shall attend Owner’s Representative’s (as defined herein) meetings regarding loss control and claims.

Appears in 9 contracts

Samples: Master Real Estate Management Agreement (Inland Diversified Real Estate Trust, Inc.), Master Real Estate Management Agreement (Inland Diversified Real Estate Trust, Inc.), Master Real Estate Management Agreement (Inland Diversified Real Estate Trust, Inc.)

Insured Losses. i. Manager shall be responsible for taking all steps necessary to file any claim for insured losses or damages; provided that Manager will not make any adjustments or settlements in excess of $50,000.00 without Owner’s prior written consent. ii. Manager shall coordinate with the appropriate insurance company or companies, if applicable, to process claims. iii. Manager shall administer compliance of insurance provisions of tenant leases for all vendors and commercial tenants, including confirming insurance requirements for any special events at the Premises and obtaining certificates of insurance. iv. At the request of Owner, Manager shall assist Owner’s insurance consultants with any necessary insurance matters. v. Manager shall attend Owner’s Representative’s meetings regarding loss control and claims.

Appears in 1 contract

Samples: Master Real Estate Management Agreement (Inland Diversified Real Estate Trust, Inc.)

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Insured Losses. i. Property Manager shall be responsible for taking all steps necessary to file any claim for insured losses or damages; provided that Property Manager will not make any adjustments or settlements in excess of $50,000.00 without Owner’s prior written consent. ii. Property Manager shall coordinate with the appropriate insurance company or companies, if applicable, to process claims. iii. Property Manager shall administer compliance of insurance provisions of tenant leases for all vendors and commercial tenants, including confirming insurance requirements for any special events at the Premises Premises, and obtaining certificates of insurance. iv. At the request of Owner, Property Manager shall assist Owner’s insurance consultants with any necessary insurance matters. v. Property Manager shall attend Owner’s (as defined herein) meetings regarding loss control and claims.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Inland Real Estate Corp)

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