Common use of Landlord’s insurance covenants Clause in Contracts

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 reasonably practicable in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damage;

Landlord’s insurance covenants. The Landlord covenants with the Tenant as follows: 6.1.1 To procure that insure the Superior Landlord insures the Building 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 Building 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 procure that the Superior Landlord insures insure against loss of the Principal Rent thereon payable or reasonably estimated by the Superior Landlord to be payable under the Superior Lease this 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; 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 Property is for the time being insured; 6.1.6 If the Building Property 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 reasonably practicable substantially as it was before the destruction or damage in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damage;layout

Landlord’s insurance covenants. The Landlord covenants with the Tenant as follows: 6.1.1 To procure that the Superior Landlord insures insure 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 insure against loss of the Principal Rent thereon payable or reasonably estimated by the Superior Landlord to be payable under the Superior Lease this 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; 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 (which the Landlord will use all reasonable endeavours to procure that the Superior Landlord complies with its covenant obtain) 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 reasonably practicable in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damage;

Landlord’s insurance covenants. The 5.1.1 Subject to Clause 5.1.2, the Landlord covenants with the Tenant as followsTenant:- (a) to insure : 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 the Premises against loss or underwriters of reputedamage by the Insured Risks in such sum as from time to time the Landlord is advised represents the Reinstatement Value; (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 and Service Charge arising from damage to the Property by any of the Insured Risks for three years or such longer period as the Superior Landlord may reasonably require considers appropriate having regard to the likely period for reinstating the PropertyPremises; 6.1.3 The Landlord will use its reasonable endeavours (iii) against public liability and property owner’s liability; (b) to procure that effect such insurance with insurers or underwriters of repute with the insurer waives its rights interest 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 or endorsed on such policy (which may be by way of the policy providing for a general noting of whenever this is permitted under the interests of tenants)policy; and 6.1.4 At the request and cost of (c) if requested in writing by the Tenant (but not more frequently often than once in any twelve month periodyear of the Term) to produce summary details to the Tenant reasonable evidence of the terms of the relevant policy and of payment of the last premium paid. 5.1.2 The Landlord:- (a) is not obliged to maintain such insurance under this Clause 6.1 if and to the extent that that:- (i) cover is not obtainable on reasonable terms from a reputable insurance company on the same have been provided to it insurance market in the United Kingdom; (ii) any exclusion, condition or limitation is imposed by the Superior Landlord (which the Landlord will use its reasonable endeavours to obtain)insurers; 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(iii) such insurance becomes void, then, unless payment of the insurance moneys is refused in whole or part because of the in part, or renewal is refused due to an act or default of the Tenant; or (iv) the Tenant has not informed the Landlord of the reinstatement cost of any alterations, additions or improvements to the Premises in accordance with Clause 5.2.3(b); (b) may effect such insurance through any agency that it decides; (c) may retain any commissions or other benefits for effecting or maintaining such insurance; (d) may, where the Landlord is an insurance company or a member of a group of companies which includes an insurance company, self insure or insure with that insurance company at the usual rates and subject to obtaining all necessary planning and other consents to procure that on the Superior Landlord complies usual terms of such insurance company; (e) may, if it so chooses, comply with its covenant insurance obligations by insuring the Estate, or any part of it that includes the Premises; (f) must use reasonable endeavours to use inform the insurance proceeds (except those relating to loss of rent and fees) and Tenant in the event that any uninsured excess paid exclusions, conditions or limitations are imposed by the Tenant under Clause 6.2.4(ii) in reinstating insurers during the same (other than tenant’s and trade fixtures and fittings) as quickly as reasonably practicable in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damage;Term.

Landlord’s insurance covenants. The Landlord covenants with the Tenant as follows: 6.1.1 To procure that insure the Superior Landlord insures the Building Centre (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 Centre (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 insure against loss of the Principal Rent thereon payable or reasonably estimated by the Superior Landlord to be payable under the Superior Lease this 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; 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 Centre 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 (which the Landlord will use all reasonable endeavours to procure that the Superior Landlord complies with its covenant obtain) 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 reasonably practicable in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damage;

Landlord’s insurance covenants. The 5.1.1 Subject to Clause 5.1.2, the Landlord covenants with the Tenant as follows:Tenant: - 6.1.1 To procure that the Superior Landlord insures the Building (other than tenant’s and trade fixtures and fittingsa) unless the insurance is invalidated in whole or in part by any act or default of the Tenant:to insure: - (i) with an insurance office the Premises against loss or underwriters of reputedamage by the Insured Risks in such sum as from time to time the Landlord is advised represents the Reinstatement Value; (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 and Service Charge arising from damage to the Property by any of the Insured Risks for three years or such longer period as the Superior Landlord may reasonably require considers appropriate having regard to the likely period for reinstating the PropertyPremises; 6.1.3 The Landlord will use its reasonable endeavours (iii) against public liability and property owner's liability; (b) to procure that effect such insurance with insurers or underwriters of repute with the insurer waives its rights interest 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 or endorsed on such policy (which may be by way of the policy providing for a general noting of whenever this is permitted under the interests of tenants)policy; and 6.1.4 At the request and cost of (c) if requested in writing by the Tenant (but not more frequently often than once in any twelve month periodyear of the Term) to produce summary details to the Tenant reasonable evidence of the terms of the relevant policy and of payment of the last premium paid. 5.1.2 The Landlord: - (a) is not obliged to maintain such insurance under this Clause 6.1 if and to the extent that that: - (i) cover is not obtainable on reasonable terms from a reputable insurance company on the same have been provided to it insurance market in the United Kingdom; (ii) any exclusion, condition or limitation is imposed by the Superior Landlord (which the Landlord will use its reasonable endeavours to obtain)insurers; 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(iii) such insurance becomes void, then, unless payment of the insurance moneys is refused in whole or part because of the in part, or renewal is refused due to an act or default of the Tenant; or (iv) the Tenant has not informed the Landlord of the reinstatement cost of any alterations, additions or improvements to the Premises in accordance with Clause 5.2.3(b); (b) may effect such insurance through any agency that it decides; (c) may retain any commissions or other benefits for effecting or maintaining such insurance; (d) may, where the Landlord is an insurance company or a member of a group of companies which includes an insurance company, self insure or insure with that insurance company at the usual rates and subject to obtaining all necessary planning and other consents to procure that on the Superior Landlord complies usual terms of such insurance company; (e) may, if it so chooses, comply with its covenant insurance obligations by insuring the Estate, or any part of it that includes the Premises; (f) must use reasonable endeavours to use inform the insurance proceeds (except those relating to loss of rent and fees) and Tenant in the event that any uninsured excess paid exclusions, conditions or limitations are imposed by the Tenant under Clause 6.2.4(ii) in reinstating insurers during the same (other than tenant’s and trade fixtures and fittings) as quickly as reasonably practicable in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damage;Term.

Landlord’s insurance covenants. The Landlord covenants with the Tenant as follows: 6.1.1 To procure that the Superior Landlord insures insure 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 insure against loss of the Principal Rent thereon payable or reasonably estimated by the Superior Landlord to be payable under the Superior Lease this 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 will procure that a note of the Tenant’s interest in the Property is noted endorsed on such the policy (which may be either by way of the policy providing for a general noting of the interests of tenantsor specific noting); 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; 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 reasonably practicable in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damagedamage making up any deficiency between the cost of reinstating and re-building and the proceeds of insurance received out of the Landlord’s own money;

Landlord’s insurance covenants. The Landlord covenants with the Tenant while the reversion immediately expectant on the Term is vested in it as follows: 6.1.1 To procure that the Superior Landlord insures insure the Building (other than tenant’s 's and trade fixtures and fittings) on usual and reasonable commercial terms 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 RisksRisks and damage caused by terrorist activity for so long as such cover remains ordinarily available in the market on usual and reasonable commercial terms; (iii) subject to such excesses as may be imposed by the insurers; ; November 11, 1998 17 (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 insure against loss of the Principal Rent and the Service Charge and VAT thereon payable or reasonably estimated by the Superior Landlord to be payable under the Superior this Lease arising from damage to the Property Premises by the Insured Risks for three four years or such longer shorter period as the Superior Landlord may reasonably require having regard to the likely period for reinstating the PropertyPremises; 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) Tenant, to produce summary details evidence of the terms of the insurance under this Clause 6.1 to and of payment of the extent that the same have been provided to it by the Superior Landlord (which the current premium; 6.1.4 The Landlord will use as soon as reasonably practicable notify the Tenant of any changes in its reasonable endeavours to obtain)insurance cover or of the terms on which cover has been effected; 6.1.5 To notify the Tenant as soon as becoming aware If any part 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 consents, which the Landlord will use reasonable endeavours to procure that the Superior Landlord complies with its covenant obtain as quickly as reasonably practicable, 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 reasonably practicable in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damage;6.2.4

Landlord’s insurance covenants. The Landlord covenants with the Tenant as follows:Tenant, 6.1.1 To procure that Insure the Superior Landlord insures the Building Premises (other than tenant’s and trade fixtures and end 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 Premises (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 Insure against loss of the Principal Rent Rent, Service Charge and VAT thereon payable or reasonably estimated by the Superior Landlord to be payable under the Superior this Lease arising from damage to the Property Premises 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 Propertyyears; 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 evidence of the terms of the insurance under this Clause 6.1 to and of payment of the extent that the same have been provided to it by the Superior Landlord (which the Landlord will use its reasonable endeavours to obtain)current premium; 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 6.1.4 If the Building is Premises are 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 reasonably practicable substantially as they were before the destruction or damage in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damagemaking up any shortfall from its own resources;

Landlord’s insurance covenants. 1.1 The Landlord covenants with the Tenant as follows: 6.1.1 1.1.1 To procure that insure with such insurers and through such agency as the Superior Landlord insures thinks fit (but for the Building avoidance of doubt the Landlord shall not be liable to account to the Tenant for any profit or commission received) and subject to such excesses exclusions or limitations as the Landlord or its insurers may require and subject to such conditions as insurance cover against such risk is generally available: 1.1.1.1 The Premises (excluding all plate and other glass in the Premises) against the Insured Risks for a sum sufficient to cover the cost of reinstatement assuming total loss including all applicable VAT and ancillary costs (such as demolition site clearance boarding and propping and professional fees) and appropriate allowances for inflation 1.1.1.2 The loss of all Rent and applicable VAT for such period (being not less than tenant’s 3 years) as the Landlord may from time to time reasonably consider sufficient to complete reinstatement of the Premises following a total loss and trade for such sum as takes into account any likely rent review during the period 1.1.1.3 Third party and public liability at the Premises for such sum as the Landlord may from time to time consider prudent 1.1.1.4 Such matters in relation to the Premises not otherwise specifically mentioned in this Part of the Lease as the Landlord from time to time considers prudent Provided that: 1.1.1.4.1 Where there are within the Premises goods or passenger lifts or hoists or air-conditioning or central heating installations the Landlord may insure such fixtures and fittings) fittings separately and in such manner and amount as the Landlord may at its absolute discretion determine 1.1.1.4.2 The Landlord shall have full power to settle and adjust with insurers all questions with regard to the liability of insurers and the amount or amounts payable under any policy 1.1.2 Upon reasonable request from time to time to produce to the Tenant a copy of full details of the policies of Insurance and evidence that they are in force 1.1.3 In the event of destruction or damage to the Premises by an Insured Risk then unless payment of the insurance is invalidated monies has been refused in whole or in part by reason of any act or default of the Tenant: (i) with an insurance office Tenant or underwriters of repute; (ii) against loss or damage by anyone under its control and subject to the Insured Risks; (iii) Landlord being able to obtain all necessary consents and subject to such excesses as may consents not being granted subject to conditions which would be imposed by unreasonable in all 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 circumstances the Landlord will use reinstate and rebuild the Premises 1.1.3.1 The Landlord shall not be obliged to re-build to exactly the same plan or standards as before the occurrence of the insured peril but merely in such manner and to such designs specifications and plans as safety and normal commercial prudence on the part of an owner of the Premises would require 1.1.3.2 If such rebuilding or renewal is frustrated or is not in the opinion of the Landlord reasonably practicable: 1.1.3.2.1 The whole of such money received shall belong to the Landlord 1.1.3.2.2 Either party may at any time after three years has elapsed from the date of destruction or damage and the Premises has not been rebuilt due to such frustration give the other not less than three months notice of its reasonable endeavours wish to obtain); 6.1.5 To notify determine this Lease and immediately on the Tenant as soon as becoming aware expiration of such three months this Lease shall absolutely determine but without prejudice to the rights and remedies of either party against the other in respect of any material change in antecedent claim or breach of any of the covenants conditions terms and conditions of the insurer agreements contained 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 reasonably practicable in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damage;this Lease

Landlord’s insurance covenants. The Landlord covenants with the Tenant as follows: 6.1.1 To procure that the Superior Landlord insures insure 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 insure against loss of the Principal Rent thereon payable or reasonably estimated by the Superior Landlord to be payable under the Superior Lease this 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; 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 reasonably practicable in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damage;

Landlord’s insurance covenants. The Landlord covenants with the Tenant as follows: 6.1.1 To procure that the Superior Landlord insures insure 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 insure against loss of the Principal Rent thereon payable or reasonably estimated by the Superior Landlord to be payable under the Superior Lease this 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; 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 TenantTenant and the Tenant has failed to comply with its obligation in clause 6.2.4(iii) of this lease, 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 reasonably practicable in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damagedamage with the Landlord making up any shortfall in the insurance proceeds out of its own money;

Landlord’s insurance covenants. The Landlord covenants with the Tenant as follows: 6.1.1 To procure that insure the Superior Landlord insures the Building 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 Building 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 procure that the Superior Landlord insures insure against loss of the Principal Rent and the Service Charge thereon payable or reasonably estimated by the Superior Landlord to be payable under the Superior Lease this 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 all 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 and evidence of Payment of the extent that the same have been provided to it by the Superior Landlord (which the Landlord will use its reasonable endeavours to obtain)relevant premium; 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 Property 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 reasonably practicable substantially as it was before the destruction or damage in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damage;layout

Landlord’s insurance covenants. The Landlord covenants with the Tenant as follows: 6.1.1 To procure that the Superior Landlord insures insure 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 insure against loss of the Principal Rent thereon payable or reasonably estimated by the Superior Landlord to be payable under the Superior Lease this 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; 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 reasonably practicable in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damagedamage with the Landlord making up any shortfall in the insurance proceeds out of its own money;

Landlord’s insurance covenants. The Landlord covenants with the Tenant as follows: 6.1.1 To procure that the Superior Landlord insures insure 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 insure against loss of the Principal Rent Rent, Service Charge and VAT thereon payable or reasonably estimated by the Superior Landlord to be payable under the Superior this Lease arising from damage to the Property Premises by the Insured Risks for three years or such longer other period as the Superior Landlord may shall reasonably require having regard to the likely period for reinstating the Propertyrequire; 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 evidence of the terms of the insurance under this Clause 6.1 to and of payment of the extent that the same have been provided to it by the Superior Landlord (which current premium; 6.1.4 If 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 insuredis an insurance company or a member of a group which includes an insurance company it is entitled to effect or maintain in its own office or in the office of any insurance company which is a Group Company any insurance it is required to effect under this Lease and for the purpose of any covenant by the Tenant to pay or contribute towards the cost of such insurance the premiums charged by the Landlord or the Group Company are deemed to have been paid by the Landlord on the first day of the period of insurance to which the relevant premium relates; 6.1.6 6.1.5 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 reasonably practicable practicable, in modern form if appropriate but not necessarily identical in layout and (in relation to the PropertyPremises) substantially as it was they were before the destruction or damage;

Landlord’s insurance covenants. The Landlord covenants with and agrees that during ------------------------------ the Tenant Lease Term it shall obtain at Tenant's expense (as follows: 6.1.1 To procure that Tenant's Proportionate Share of Operating Expenses) 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 Tenantfollowing insurance: (i) all risk insurance against damage by fire or other casualty in an amount at least equal to the replacement costs of the Leased Premises, all Tenant Work and all fixtures (other than trade fixtures) in the Leased Premises as reasonably 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. As for any fixture installed by Tenant (other than trade fixtures), such fixture shall be added to said all risk insurance provided that Tenant installed the fixture in compliance with an the terms of this Lease and Tenant provided to the Landlord, upon the completion of the installation, a written notice which stated that such fixture must be added to said insurance office or underwriters of repute;and which contained such information on the fixture (including, without limitation, the fixture's replacement value) as Landlord's insurance carrier may require. The deductible for said insurance may not exceed $1,000 without the Tenant's prior written consent; and (ii) against loss or damage by the Insured Risks; (iii) subject Landlord's comprehensive public liability insurance for injury 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 persons 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 (property which may be by way claimed to have occurred upon the Property or the sidewalks, ways and other real property adjoining said Property and covering all Landlord's obligations under this Lease and with limits at least as high as the amounts respectively stated below: $3,000,000 for property damage, $3,000,000 for injury or death of the policy providing one person, and $5,000,000 for a general noting injury or death of the interests of tenants) 6.1.4 At the request and cost of the Tenant (but not more frequently than once one person 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 reasonably practicable in modern form if appropriate but not necessarily identical in layout and (in relation to the Property) substantially as it was before the destruction or damage;single accident.