Loss of Rent Insurance. The insurance covers loss of rental income if the accommodation becomes wholly or partially unusable as a result of damage that can be covered by the accommodation's regular insurance or by this insurance. Loss of rental income refers to rental periods already booked at the time of the loss. No compensation is paid for the current rental period. Compensation is paid if: • the cancelled future rental period has been booked via Qasa. • the damage on which the cancellation is based has occurred within the insurance period • the cancellation concerns a rental contract with a start date within six (6) months from the date of the damage. The insurance covers lost rental income up to a maximum of SEK 3,000 per day for a maximum of six (6) months. The daily compensation cannot exceed the actual loss of rent per day.
Loss of Rent Insurance. 21 13.03 Landlord's Liability Insurance....................................................21 13.04 Tenant's Liability Insurance......................................................21 13.05
Loss of Rent Insurance. Beginning on the Commencement Date and continuing until expiration of the term of the Lease, Landlord shall pay for and maintain in effect insurance on an "all risk" basis which will provide recovery for a minimum of twelve (12) months of continuing rent obligations owed to Landlord under any lease given by Landlord at the Project.
Loss of Rent Insurance. Compensation is provided with a maximum of the rental amount that the tenant would pay for the rental period agreed before the damage occurred, and which corresponds to the time the home is unusable due to the damage. Compensation is provided, however, for a maximum of six (6) months' rent.
Loss of Rent Insurance. Landlord may carry rent loss insurance with respect to the Project in an aggregate amount equal to not more than twelve (12) times the sum of (i) the monthly requirement of Project Base Rent, plus (ii) the sum of the amount estimated by Landlord to be Project Expenses for the month immediately prior to the month in which the policy is purchased or renewed.
Loss of Rent Insurance. Landlord shall procure and maintain, and the cost thereof shall be included in Operating Costs, business interruption coverage insuring the loss of Rent (including Impositions) to Landlord.
Loss of Rent Insurance. Lessee shall provide insurance coverage to Lessor so that, in the event of any casualty or damage to the Premises which results in a reduction of rent being received by Lessor from Lessee, then the insurance company shall be obligated to pay Lessor in full the amount of any such reduction in rent being received by Lessor. If for any reason Lessor does not receive insurance payments which pay in full and when due, the rent that Lessee would have been required to pay absent such casualty or damage, then notwithstanding any other provision of this lease the Lessee shall immediately pay to Lessor the payments and amounts that should have been received by Lessor under this paragraph.
Loss of Rent Insurance. Tenant shall provide, keep and maintain in full force and effect loss of rent insurance in favor of Landlord, without a provision for co-insurance, in an amount sufficient to pay Rent, for the Leased Property for a period of at least one (1) year in the event Tenant's obligation to pay Rent abates hereunder for any reason whatsoever.
Loss of Rent Insurance. The insurance applies if the rented home becomes completely or partially unusable through damage that is compensable either through the ordinary insurance or through this insurance. Compensation is paid for loss of rent that arises for the rental period that was agreed before the damage occurred, however, for a maximum of six (6) months' rent. The damage must have occurred during the insurance period.
Loss of Rent Insurance. To the extent available, Lessee, at its own expense, shall provide and keep in force loss of rental value insurance in an amount equivalent to at least twelve (12) months Tenant Rent (based upon the immediately preceding Operating Year). Lessee shall furnish Lessor with a certificate of such insurance.
