Landlord’s insurance covenants. The Landlord covenants with the Tenant as follows:
6.1.1 To procure that the Superior Landlord insures the Building (other than tenant’s and trade fixtures and fittings) unless the insurance is invalidated in whole or in part by any act or default of the Tenant:
(i) with an insurance office or underwriters of repute;
(ii) against loss or damage by the Insured Risks;
(iii) subject to such excesses as may be imposed by the insurers;
(iv) in the full cost of reinstatement of the Building (in modern form if appropriate) including shoring up, demolition and site clearance, professional fees, VAT and allowance for building cost increases;
6.1.2 To procure that the Superior Landlord insures against loss of the Principal Rent thereon payable or reasonably estimated by the Superior Landlord to be payable under the Superior Lease arising from damage to the Property by the Insured Risks for three years or such longer period as the Superior Landlord may reasonably require having regard to the likely period for reinstating the Property;
6.1.3 The Landlord will use its reasonable endeavours to procure that the insurer waives its rights of subrogation against the Tenant (so long as such provision is available in the London insurance market) and to ensure that the Tenant’s interest is noted on such policy (which may be by way of the policy providing for a general noting of the interests of tenants)
6.1.4 At the request and cost of the Tenant (but not more frequently than once in any twelve month period) to produce summary details of the terms of the insurance under this Clause 6.1 to the extent that the same have been provided to it by the Superior Landlord (which the Landlord will use its reasonable endeavours to obtain);
6.1.5 To notify the Tenant as soon as becoming aware of any material change in the terms and conditions of the insurer in relation to the policy under which the Building is for the time being insured;
6.1.6 If the Building is destroyed or damaged by an Insured Risk, then, unless payment of the insurance moneys is refused in whole or part because of the act or default of the Tenant, and subject to obtaining all necessary planning and other consents to procure that the Superior Landlord complies with its covenant to use the insurance proceeds (except those relating to loss of rent and fees) and any uninsured excess paid by the Tenant under Clause 6.2.4(ii) in reinstating the same (other than tenant’s and trade fixtures and fittings) as quickly as reasonab...
Landlord’s insurance covenants. Landlord covenants and agrees that during the Lease Term it shall obtain the following insurance:
(a) All risk insurance against damage by fire or other casualty in an amount at least equal to the replacement costs of the Building as determined from time to time by Landlord or (at Landlord’s election or upon Tenant’s request) by appraisal made at the expense of Tenant by an accredited insurance appraiser approved by Landlord;
(b) Commercial general liability insurance covering liability for injury to persons and damage to property which may be claimed to have occurred upon the Property or the sidewalks, ways and other real property adjoining the Property caused by Landlord with limits at least as high as the following amounts: $1,000,000 per occurrence, $2,000,000 general aggregate;
(c) Workmen’s Compensation covering all Landlord’s employees and Landlord shall cause all contractors and agents working for Landlord on the Property to carry workmen’s compensation insurance covering their employees as may be required by law;
(d) Rent loss insurance with a limit at least equal to one (1) year’s worth of Rent due under this Lease; and
(e) Such additional insurance as Landlord’s Mortgagee shall reasonably require. Tenant shall pay the Tenant’s Proportionate Share (57.94 percent) of the cost of such insurance as an Operating Expense. At the request of Tenant, Landlord will provide to Tenant copies of certificates or the relevant portions of such policies to evidence the fact that Landlord is maintaining the insurance required by this Section 6.5.
Landlord’s insurance covenants. The Landlord covenants with the Tenant as follows:
6.1.1 To insure the Property (other than tenant's and trade fixtures and fittings) unless the insurance is invalidated in whole or in part by any act or default of the Tenant:
(i) with an insurance office or underwriters of repute;
(ii) against loss or damage by the Insured Risks;
(iii) subject to such excesses as may be imposed by the insurers;
(iv) in the full cost of reinstatement of the Property (in modern form if appropriate) including shoring up, demolition and site clearance, professional fees, VAT and allowance for building cost increases;
6.1.2 To insure against loss of the Principal Rent thereon payable or reasonably estimated by the Landlord to be payable under this lease arising from damage to the Property by the Insured Risks for three years or such longer period as the Landlord may reasonably require having regard to the likely period for reinstating the Property;
Landlord’s insurance covenants. The Landlord covenants with the Tenant that the Landlord shall:
23.1 effect and maintain Insurance (but in respect of the Premises only so far as it is not vitiated by any act, neglect or default of the Tenant, anyone deriving title through the Tenant or anyone at the Premises with the express or implied authority of either of them);
23.2 upon reasonable request from time to time produce to the Tenant a copy or full details of the policies of Insurance and evidence that they are in force;
23.3 in the event of any loss or damage against which it has covenanted to effect Insurance, apply all monies received from the insurer (other than in relation to Loss of Rent, legal and other costs and expenses) and from the Tenant pursuant to Clause 24 in making good such loss or damage carrying out any necessary works of reinstatement as soon as reasonably practicable; and
23.4 use its reasonable endeavours to obtain reasonable rates of insurance premiums in the insurance market.
Landlord’s insurance covenants. The Landlord will take out and keep in force Insurance as far as it is not vitiated by any act, neglect or default of the Tenant or anyone deriving title through the Tenant or anyone at the Property with the express or implied authority of either of them.
Landlord’s insurance covenants. The Landlord covenants with the Tenant in relation to the policy of insurance effected by the Landlord pursuant to its obligations contained in this Lease
7.8.1 To produce to the Tenant on demand a copy of the policy and the last premium renewal receipt or reasonable evidence of the terms of the policy and the fact that the last premium has been paid
7.8.2 To procure that the interest of the Tenant is noted or endorsed on the policy
7.8.3 To notify the Tenant of any material change and the risks covered by the policy from time to time
Landlord’s insurance covenants. The Landlord covenants with the Tenant in relation to the policy of insurance effected by the Landlord pursuant to the Landlord’s obligations contained in this Lease:
6.7.1 to produce to the Tenant on demand a copy of the policy and the last premium renewal receipt or reasonable evidence of the terms of the policy and the fact that the last premium has been paid (provided that the Landlord shall not be required to produce such documentation more than once in any 12 month period);
6.7.2 to use reasonable endeavours to procure that the interest of the Tenant is noted or endorsed on the policy either by means of a general or a specific endorsement at the Landlord’s option;
6.7.3 to notify the Tenant of any material change in the risks covered by the policy from time to time;
6.7.4 on request by the Tenant to request the insurers to waive all rights of subrogation against the Tenant and to produce written confirmation of the waiver if it is forthcoming.
Landlord’s insurance covenants. 6.2.1 The Landlord covenants to use reasonable and commercially prudent endeavours (including without limitation and where commercially appropriate to do so, taking proceedings) to procure that the Superior Landlord shall keep the Building and the Landlord’s Property and all Landlord’s fixtures and fittings therein or thereon insured against loss or damage by fire aircraft and other aerial devices and articles dropped therefrom explosion earthquake riot civil commotion terrorism malicious damage storm tempest flood burst pipes and impact and in accordance with and shall comply with its covenants on the part of the Superior Landlord contained in the Superior Lease
6.2.2 The Landlord covenants to produce to the Tenant on reasonable demand (made not more than once a year) a copy of the Insurance Policy and to provide the last premium renewal receipt or reasonable evidence of the terms of the policy and the fact that the last premium has been paid and shall notify the Tenant on becoming aware of any material change in the risks covered by the policy from time to time
Landlord’s insurance covenants. The Landlord covenants with the Tenant in relation to the policy of insurance effected pursuant to its obligations contained in this Lease:-
7.10.1 to produce to the Tenant on demand a copy of the policy and the last premium renewal receipt
7.10.2 to notify the Tenant of any material change in the risks covered by the policy from time to time and
7.10.3 to produce to the Tenant on demand written confirmation from the insurers that they have agreed to waive all rights of subrogation against the Tenant
7.10.4 to note the interest of the Tenant and any approved undertenant or mortgagee on such policy reimbursing the Landlord’s reasonable costs
Landlord’s insurance covenants. The Landlord agrees with the Tenant in relation to the policy of insurance effected by the Landlord pursuant to its obligations in this Schedule
