Insured Risk Sample Clauses

Insured Risk. Artist is cognizant of any inherent danger or risk involved in this activity, including bodily injury. Artist must perform and discharge each Agreement obligation as an independent contractor under each then-applicable law including, but not limited to: any Social Security law, and Workers Compensation Insurance and Public Liability Insurance.
AutoNDA by SimpleDocs
Insured Risk the event containing possibility of its occurrence and features of eventuality because of which the Insurance Agreement is concluded;
Insured Risk. Theft or accidental material damage caused to the Insured goods, which have been acquired during the validity of the AVRIL voucher and whenever the holder is on a trip, and they have been paid with a credit, and theft or damage occur during the validity of the contracted voucher.
Insured Risk. Paragraphs 1 and 2 shall not apply to the extent that any lack of repair or Decoration is caused by damage by an Insured Risk (unless paragraph 6 of this part of schedule 5 applies)
Insured Risk. If the Premises are damaged during the Lease Term by a risk covered by Landlord's insurance as required hereunder, Landlord shall promptly repair and reconstruct the portion of the Premises required to be insured by Landlord hereunder (but Landlord shall not be required to repair or restore any Tenant-Made Alterations or any of Tenant's trade fixtures), subject to delays arising from the collection of insurance proceeds or from Force Majeure events; and this Lease shall remain in full force and effect. Tenant shall pay to Landlord the amount of the commercially reasonable deductible under Landlord's insurance policy within 10 days after presentment of Landlord's invoice. Tenant at Tenant's expense shall promptly perform, subject to delays arising from the collection of insurance proceeds, all repairs or restoration not required to be done by Landlord and shall promptly reenter the Premises and commence doing business in accordance with this Lease. Notwithstanding the foregoing, with respect to insured or uninsured damage, Tenant may terminate this Lease if Landlord reasonably estimates that it will take more than 9 months to repair the damage and either Tenant or Landlord may terminate this Lease if the Premises are damaged during the last 12 months of the Lease Term and Landlord reasonably estimates that it will take more than 3 months to repair such damage.
Insured Risk. If the Premises are damaged prior to two years before the Termination Date by a risk which Tenant is obligated to insure against under Section 11.2, Tenant shall remain obligated under this Lease (including payment of rent and additional rent) and shall promptly repair the damage. If the Premises are damaged within two years of the Termination Date by a risk which Tenant is obligated to insure against under Section 11.2, Tenant (by notice to Landlord within 60 days after such occurrence) may terminate this Lease as of the date of such notice by paying Landlord insurance proceeds equal to the amount necessary to repair the damage and all other amounts payable by Tenant to Landlord under the Lease accrued through the date of said notice.
Insured Risk. If the Equipment is damaged, destroyed, or fails as a result of an event which is covered by insurance and the funds are received from the insurance carrier and are made available to Northstar for such purpose, Northstar shall utilize the insurance proceeds to repair or replace the Equipment.
AutoNDA by SimpleDocs

Related to Insured Risk

  • Builder’s Risk Insurance Contractor shall provide a Builder’s Risk Policy to be made payable to the Owner and Contractor, as their interests may appear. The policy amount should be equal to 100% of the Contract Sum, written on a Builder’s Risk “All Risk”, or its equivalent. The policy shall be endorsed as follows: The following may occur without diminishing, changing, altering or otherwise affecting the coverage and protection afforded the insured under this policy:

  • Landlord’s Insurance Tenant shall not cause or permit or suffer any action or condition that would (i) invalidate or conflict with Landlord’s insurance policies which contemplate a live entertainment use for the Music Hall, (ii) violate applicable rules, regulations and guidelines of the Fire Department, Fire Insurance Rating Organization or any other authority having jurisdiction over the Center, (iii) cause an increase in the premiums for fire insurance then covering the Buildings over that payable with respect to comparable first-class office buildings or theaters, or (iv) result in insurance companies of good standing refusing to insure the Buildings or any property therein in amounts and against risks as reasonably determined by Landlord. If the fire insurance premiums increase as a result of Tenant’s failure to comply with the provisions of this Article, Tenant shall promptly cure such failure and shall reimburse Landlord for the increased fire insurance premiums paid by Landlord as a result of such failure by Tenant, provided that Landlord shall furnish reasonable supporting documentation therefor. If it is not practicable for Tenant to cure such failure and continue to operate the Premises for the Permitted Uses and the only result of such failure is an increase in Landlord’s insurance premium, then provided Tenant pays such increased premium, Tenant shall not be required to cease such action so long as the increased premium is the only effect of such failure and, provided further, in the event that (A) Landlord’s insurance carrier refuses to provide certain insurance as a result of Tenant’s failure to comply with the provisions of this Article and (B) a separate insurance carrier of comparable rating or which is otherwise satisfactory to Landlord is willing to provide such insurance, Tenant shall pay any increased cost payable by Landlord by reason of its purchase of such insurance from such separate insurance carrier. In any action or proceeding to which Landlord and Tenant are parties, a schedule or “make up” of rates for the Buildings or the Premises issued by the appropriate Fire Insurance Rating Organization, or other body fixing such fire insurance rates, shall be conclusive evidence of the fire insurance rates then applicable to the Buildings.

  • Builder’s Risk additional provisions The insurance specified shall be maintained in force until final acceptance of the project by the State.

  • Comprehensive General Liability Insurance The Lessee shall procure and maintain a valid Comprehensive General Liability Insurance indemnifying the Lessor with minimum coverage of $ for personal injury and $ for damage to property.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!