LESSEE'S INSURANCE REQUIREMENTS Sample Clauses

LESSEE'S INSURANCE REQUIREMENTS a. Property Insurance: insurance against loss or damage to the Leased Premises by fire and all other casualties as may be included in forms of all risk insurance from time to time commonly available in Pennsylvania, in an amount equal to the full insurable replacement value (without depreciation) of all buildings and insurable improvements on the Leased Premises, such coverage to include a so-called “Agreed Amount Endorsement”. The replacement values shall be determined from time to time, whenever requested by LESSOR, but not more frequently than every year, by an appraiser selected by LESSOR and paid for by LESSEE. LESSOR shall be named as the “loss payee” on the casualty insurance coverages for the Leased Hangars. LESSEE shall bring or keep property upon the Leased Premises solely at its own risk and LESSEE, at its sole cost and expense, will keep all Personal Property, Stock, and Leasehold Improvements now and hereafter located on the Leased Premises insured against “All Risk” of Loss with an Insurer in an amount at least equal to the replacement value. Sample
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LESSEE'S INSURANCE REQUIREMENTS. LESSEE shall pay its CAM % of any liability insurance premiums paid by LESSOR with respect to the Office center and shall pay its Building % of any casualty insurance premiums or other insurance premiums (with respect to insurance coverage LESSOR obtains and deems necessary) allocated specifically to the Building. Such payment shall be made within thirty (30) days after written notice thereof. LESSEE agrees to carry public liability insurance with responsible companies qualified to do business in the State of Connecticut and in good standing therein, written on a per occurrence basis with limits of liability of not less than $500,000 for bodily injury to one person, $1,000,000 for any one occurrence and $100,000 for property damage, and worker's compensation insurance with statutory limits covering all of LESSEE'S employees working on the Premises. LESSEE shall provide LESSOR with a certificate of insurance and such policy shall provide that it may not be canceled without at least thirty (30) days prior written notice to LESSOR and which shall name LESSOR as an additional insured. LESSEE agrees to maintain in responsible companies qualified to do business in the State of Connecticut and in good standing therein fire insurance with such extended coverage endorsements as LESSOR may from time to time require covering all of LESSEE'S Tenant Improvements in and to the Premises to the extent of at least eighty percent (80%) of their replacement cost. If, due to a change in the nature or method of operating LESSEE'S business at any time during the Lease Term, and upon providing LESSEE with sufficient evidence thereof, the cost of LESSOR'S (a) fire and casualty insurance on the Building (or any other Building at the Office center), (b) liability insurance, and (c) all other insurance maintained by LESSOR, increases over LESSOR'S present cost, LESSEE agrees to pay all such increase in cost as additional Rent hereunder during the term of this Lease. LESSEE agrees to defend with counsel approved by LESSOR, save harmless and indemnify LESSOR from all claims or damage to or of any person or property while on the Premises unless arising from the negligence of LESSOR, and from all claims or damage to or of any person or property anywhere occasioned by any act, omission, fault, neglect or other misconduct of LESSEE, arising out of or in connection with LESSEE'S business operations on the Premises. Insurance policies required to be maintained by LESSEE or LESSOR shall cont...
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LESSEE'S INSURANCE REQUIREMENTS. Lessee shall procure and maintain insurance against claims or damages which may arise from or in connection with this Agreement. Coverage shall be at least as broad as indicated below. If the Lessee maintains broader coverage and/or higher limits than the minimums shown below, the Lessor requires and shall be entitled to the broader coverage and/or higher limits maintained by the Lessee.
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LESSEE'S INSURANCE REQUIREMENTS. LESSEE shall carry, at its own expense during the term hereof,
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LESSEE'S INSURANCE REQUIREMENTS. This outlines the insurance requirements of your Lease. To assure compliance with theses terms, we suggest you send a copy of this Exhibit to your insurer or agent. Initial Certificates and endorsements must be provided to Lessor prior to occupancy of the Premises and renewals ten (10) days before expiration.
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LESSEE'S INSURANCE REQUIREMENTS. Lessee shall, at all times during the Term and at Lessee's sole cost and expense, procure and continue in force comprehensive liability insurance, including, but without limitation, workmen's compensation insurance, bodily injury liability insurance and property damage liability insurance in the following amounts:
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LESSEE'S INSURANCE REQUIREMENTS 
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Related to LESSEE'S INSURANCE REQUIREMENTS

  • Insurance Requirements Vendor agrees to maintain the following minimum insurance requirements for the duration of this Agreement. All policies held by Vendor to adhere to this term shall be written by a carrier with a financial size category of VII and at least a rating of “A‐” by A.M. Best Key Rating Guide. The coverages and limits are to be considered minimum requirements and in no way limit the liability of the Vendor(s). Any immunity available to TIPS or TIPS Members shall not be used as a defense by the contractor's insurance policy. Only deductibles applicable to property damage are acceptable, unless proof of retention funds to cover said deductibles is provided. "Claims made" policies will not be accepted. Vendor’s required minimum coverage shall not be suspended, voided, cancelled, non‐renewed or reduced in coverage or in limits unless replaced by a policy that provides the minimum required coverage except after thirty (30) days prior written notice by certified mail, return receipt requested has been given to TIPS or the TIPS Member if a project or pending delivery of an order is ongoing. Upon request, certified copies of all insurance policies shall be furnished to the TIPS or the TIPS Member. Vendor agrees that when Vendor or its subcontractors are liable for any damages or claims, Vendor’s policy, shall be primary over any other valid and collectible insurance carried by the Member or TIPS. General Liability: $1,000,000 each Occurrence/Aggregate Automobile Liability: $300,000 Includes owned, hired & non‐owned Workers' Compensation: Statutory limits for the jurisdiction in which the Vendor performs under this Agreement. If Vendor performs in multiple jurisdictions, Vendor shall maintain the statutory limits for the jurisdiction with the greatest dollar policy limit requirement. Umbrella Liability: $1,000,000 each Occurrence/Aggregate

  • LESSEE'S INSURANCE a. Lessee covenants to provide at Lessee's cost and expense on or before the earlier of (i) the Commencement Date, or (ii) Lessee's taking actual possession for the purpose of completing any improvement work, and to keep in full force and effect during the entire Term and so long thereafter as Lessee, or anyone claiming by, through or under Lessee, shall occupy the Premises, insurance coverage as follows:

  • Additional Insurance Requirements The policies shall include, or be endorsed to include, the following provisions:

  • Insurance Required At all times throughout the Lease Term, including, when indicated herein, during the Construction Period, if any, the Company shall, at its sole cost and expense, maintain or cause to be maintained insurance against such risks and for such amounts as are customarily insured against by facilities of like size and type and shall pay or cause to be paid, as the same become due and payable, all premiums with respect thereto, including, but not necessarily limited to:

  • Tenant’s Compliance With Landlord’s Fire and Casualty Insurance Tenant shall, at Tenant’s expense, comply with all insurance company requirements pertaining to the use of the Premises. If Tenant’s conduct or use of the Premises causes any increase in the premium for such insurance policies then Tenant shall reimburse Landlord for any such increase. Tenant, at Tenant’s expense, shall comply with all rules, orders, regulations or requirements of the American Insurance Association (formerly the National Board of Fire Underwriters) and with any similar body.

  • Tenant’s Insurance Tenant shall maintain the following coverages in the following amounts.

  • General Insurance Requirements During the Term, Tenant shall at all times keep each Leased Property, and all property located in or on any Leased Property, including Leasehold Improvements, Fixtures and Tenant’s Personal Property, insured with the kinds and amounts of insurance described below. This insurance shall be written by companies authorized to do insurance business in the State in which the applicable Leased Property is located, provided, however, that the insurers or reinsurers issuing policies covering general liability and/or professional liability claims (or providing reinsurance coverage with respect to such claims) need only to have such authorizations to do insurance business as are required by applicable law. All companies providing insurance required by the terms of this ARTICLE XIII (including, without limitation, any Captive Insurance Company) must have a rating at least as high as the rating required by any applicable Facility Mortgagee. The policies must name as loss payee (i) the holder of any mortgage, deed of trust or other security agreement (“Facility Mortgagee”) securing any Encumbrance placed on the applicable Leased Property in accordance with the provisions of ARTICLE XXXVIII (“Facility Mortgage”) by way of a standard form of mortgagee’s loss payable endorsement or (ii) if no such Facility Mortgage encumbers the applicable Leased Property, Lessor and, in the case of any commercial general liability and/or umbrella liability insurance coverages, must name Lessor and any Superior Mortgagee(s) as additional insureds. Losses shall be payable to Lessor and/or Superior Mortgagee as provided in ARTICLE XIV. Any loss adjustment shall require the written consent of Lessor, Tenant, Leasehold Mortgagee and Facility Mortgagee whenever the loss exceeds twenty percent (20%) of the Facility’s Fair Market Value. Evidence of insurance shall be deposited with Lessor and, if requested, with any Superior Lessor, Leasehold Mortgagee and Facility Mortgagee(s). If any provision of any Facility Mortgage requires deposits of insurance premiums to be made with such Facility Mortgagee, Tenant shall either pay to Lessor monthly the amounts required and Lessor shall transfer such amounts to each Facility Mortgagee, or, pursuant to written direction by Lessor, Tenant shall make such deposits directly with such Facility Mortgagee. The policies on each Leased Property, including the Leasehold Improvements, and Fixtures and Tenant’s Personal Property, shall insure against the following risks:

  • 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.

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