Common use of LANDLORD’S OBLIGATION TO INSURE AND REINSTATE Clause in Contracts

LANDLORD’S OBLIGATION TO INSURE AND REINSTATE. 4.1 The Landlord is to keep the Building insured with an insurer of repute against Insured Risks and other items referred to in paragraph 2.2 for the full cost of reinstatement, subject to such uninsured excess as the insurer may reasonably apply. The Landlord shall use reasonable endeavours to place its insurance on competitive terms.

LANDLORD’S OBLIGATION TO INSURE AND REINSTATE. 4.1 The Landlord is to will keep the Building insured with an insurer of repute against Insured Risks and other items referred to in paragraph 2.2 for the full cost of reinstatement, subject to such uninsured excess as the insurer may reasonably apply. The Landlord shall use reasonable endeavours to place its insurance on competitive terms.