Lessor to insure Sample Clauses

Lessor to insure. Subject to the provisions of this Lease the Lessor covenants with the Lessee to insure and keep insured the Lease Premises against risks as the Lessor may from time to time in her absolute discretion think fit to insure PROVIDED THAT the parties agree that the Lessor will not be responsible for the insurance of the Lessee’s assets, any building erected on the Premises by the Lessee, goods, working equipment and any other effects belonging to the Lessee and the Lessor may furnish copies of the relevant cover or policy of insurance to the Lessee or any person claiming under him upon demand in writing. The Lessee covenants with the Lessor:- to comply with all the reasonable requirements and recommendations of the Lessor ’s insurers; not to do or omit anything that could cause any policy of insurance on or in relation to the Property to become void and voidable wholly or in part nor (unless the Lessee shall have previously notified the Lessor and have agreed to pay the increased premium) anything by which additional premiums may become payable; to pay directly or reimburse the Lessor on demand and fully indemnify the Lessor in respect of any additional premiums payable under any policy of insurance covering the Premises arising from a dangerous nature of any goods stored on the Premises by the Lessee and to comply with the requirements and recommendations of any fire authority and the requirements of the Lessor in connection with fire precautions relating to the Premises; not to obstruct the access to any fire equipment or the means of escape from the Premises and the Property and not to lock any fire door while the Premises or any part of the Premises is occupied; to give notice to the Lessor immediately upon the happening of any event which might affect any insurance policy on or relating to the Land or upon the happening of any event against which the Lessor may have insured under this Lease; immediately to inform the Lessor in writing of any conviction judgement or finding of any court or tribunal relating to the Lessee (or any director other officer or major shareholder of the Lessee) of such a nature as to be likely to affect the decision of any insurer or underwriter to grant or to continue such insurance; if at any time the Lessee shall be entitled to the benefit of any insurance on the Premises (which is not effected or maintained in pursuance of any obligation contained in this Lease) to apply all money received by virtue of such insurance in making ...
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Lessor to insure. The Lessor shall throughout the Term carry: (a) insurance on the Building (excluding the foundations and excavations) and the machinery, boilers and equipment in or servicing the Building and owned by the Lessor or the owners of the Building (excluding any property which the Lessee and other tenants are obliged to insure under Section 9.1 or similar sections of their respective leases) against damage by fire and extended perils coverage; (b) public liability and property damage insurance with respect to the Lessor's operations in the Building; and (c) such other form or forms of insurance as the Lessor reasonably considers advisable. Such insurance shall be in such reasonable amounts and with such reasonable deductibles as would be carried by a prudent owner of a reasonably similar building, having regard to size, age and location. Notwithstanding any other provision of this Lease, the Lessor's insurance shall contain a waiver of subrogation by the insurers against the Lessee and its subtenants to the extent such waiver is commercially available. The Lessor, acting reasonably, shall have the right to determine that if insurance premiums for the Building shall increase materially in the sole opinion of the Lessor, acting reasonably, as a consequence of a claim being made pursuant to such insurance (provided that this clause shall not apply to claims pursuant to any public liability insurance), and in the event the Lessor so determines, then the Lessor may forego filing or pursuing an insured claim and the costs of remedying such claim shall form part of the Operating Costs.
Sample 1
Lessor to insure. 3.17.1 If the Lessor elects to insure the Premises at any time during the Term the Lessor will notify the Lessor in writing and the Lessee must reimburse the Lessor on demand the cost of such insurance. 3.17.2 If the Lessor maintains an insurance policy that covers the Premises and other buildings and improvements, the Lessee must reimburse a share of the Lessor's cost of such insurance which will be calculated as the proportion the current value of the Premises (as determined by the Lessor) bears from time to time to the value of all other buildings and improvements covered by and included in that insurance. 3.17.3 The Lessor will provide the Lessee with evidence of the currency of such insurance (if requested by the Lessee). If any insurance is maintained by the Lessor under the Mutual Liability Insurance Scheme then the Lessor is not required to give any copy of any policy to the Lessee.
Sample 1
Lessor to insure. 30 PART 10 - EXCLUSION OF LIABILITY AND INDEMNITY........................................... 31 10.1 Lessee's Indemnity.............................................................. 31 10.2 Lessor's Indemnity.............................................................. 31 10.3
Sample 1
Lessor to insure. Subject to the provisions of this Lease the Lessor covenants with the Lessee to insure and keep insured the Property against risks as the Lessor may from time to time in her absolute discretion think fit to insure PROVIDED THAT the parties agree that the Lessor will not be responsible for the insurance of the Lessee’s assets, any building erected on the Property by the Lessee, goods, working equipment and any other effects belonging to the Lessee and the Lessor may furnish copies of the relevant cover or policy of insurance to the Lessee or any person claiming under him upon demand in writing.
Sample 1

Related to Lessor to insure

  • 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 Insurance Landlord shall not be liable to Tenant, Xxxxxx’s family or Xxxxxx’s invitees, licensees, and/or guests for damages not proximately caused by Landlord or Landlord’s agents. Landlord will not compensate Tenant or anyone else for damages proximately caused by any other source whatsoever, or by Acts of God, and Tenant is therefore strongly encouraged to independently purchase insurance to protect Tenant, Xxxxxx’s family, Xxxxxx’s invitees, licensees, and/or guests, and all personal property on the leased premises and/or in any common areas from any and all damages.

  • Notice to Insurers If, at the time of the receipt of a notice of a claim pursuant to Section 3(b) hereof, the Company has director and officer liability insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding in accordance with the terms of such policies.

  • Contractor Insurance Requirements When performing Work on property in the care, custody, or control of the Judicial Council, the Contractor shall maintain all commercial general liability insurance, workers’ compensation insurance, and any other insurance the Judicial Council deems appropriate under the Agreement. Upon request from the Judicial Council, the Contractor shall furnish an insurance certificate evidencing required insurance coverage acceptable to the Judicial Council. The Contractor may also be required to have the Judicial Council shown as an additional insured on selected policies.

  • Landlord Insurance The Landlord may carry or cause to be carried relevant liability insurance with respect to the Site and/or any activities of the Landlord with respect to the Site in its reasonable business discretion. The Landlord may elect to be self-insured.

  • Right to Insure The Company shall have the right to secure, in its own name or otherwise, and at its own expense, life, health, accident or other insurance covering Executive, and Executive shall have no right, title or interest in and to such insurance. Executive shall assist the Company in procuring such insurance by submitting to examinations and by signing such applications and other instruments as may be required by the insurance carriers to which application is made for any such insurance.

  • Review of insurance requirements The Security Trustee shall be entitled to review the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners or the Ships and their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

  • Subcontractor Insurance Requirements Consultant shall require each of its subcontractors that perform services under this Agreement to maintain insurance coverage that meets all of the requirements of this Section 11.

  • Conditions Applicable to Insurance All policies of insurance required by this solicitation or any Contract resulting from this solicitation must meet the following requirements:

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