Nature of Insurance Program. All insurance policies this Lease requires, if issued by a commercial insurer (as opposed to protection through the AHS/West self-funded HPL/GL Trust Program), shall be issued by carriers that: (a) have a policyholders’ rating of “A- /VIII” or better, based on the latest rating publication of Property and Casualty Insurers by A.M. Best Company (or its equivalent if such publication ceases to be published); and (b) are lawfully doing business in the State.
Nature of Insurance Program. Tenant shall provide any insurance required by this Restated Lease pursuant to a "blanket" or "umbrella" insurance policy covering all Properties demised hereunder, (i) which policy or a certificate of such policy shall specify the amount(s) of the total insurance allocated to each Property and to the Premises, which amounts shall not be subject to reduction on account of claims made with respect to other Properties or other properties that may be covered by such "blanket" or "umbrella" insurance policy, and (ii) which policy otherwise complies with this Restated Lease.
Nature of Insurance Program. All insurance policies this Lease requires shall be maintained in full force and effect under the terms of this Lease issued by carriers that: (a) have a minimum of A- rating for management and VI for financial strength or better based on the latest rating publication of Property and Casualty Insurers by A.M. Best Company (or its equivalent); and (b) are lawfully doing business in the State. Any insurance required by this Lease may be carried under a "blanket" or "umbrella" insurance policy provided that (i) such policy or a certificate of such policy shall specify the amount(s) of the total insurance allocated to the Premises, which amount(s) shall equal or exceed the amount(s) required by this Lease and shall not be reduced for claims made for other properties; and (ii) such policy otherwise complies with this Lease.
Nature of Insurance Program. Any or all insurance required by this Agreement may be provided by a “captive” insurance company affiliated with Columbia or, by notice to the City specifying the risks being covered by self-insurance, through a self-insurance program provided, in the latter case, that the self-insuring entity is (a) an affiliate or subsidiary of Columbia or its parent company; or (b) any other substantial entity that, in the City’s reasonable judgment, has sufficient assets and net worth under the circumstances.
Nature of Insurance Program. Any or all insurance required by this Lease may be provided by a “captive” insurance company affiliated with Tenant or, by Notice to Landlord specifying the risks being covered by self-insurance, through a self-insurance program provided, in the latter case, that the self-insuring entity is (a) an affiliate or subsidiary of Tenant or (b) any other substantial entity that, in Landlord’s reasonable judgment, has sufficient assets and net worth under the circumstances. Tenant agrees to provide any and all necessary financial and reporting information which Landlord may reasonably request in making this determination.
Nature of Insurance Program. All insurance policies this Lease requires shall be issued by carriers that: (a) have a policyholders' rating of "A:X" or better, based on the latest rating publication of Property and Casualty Insurers by A.M. Best Company (or its equivalent if such publication ceases to be published) and (b) are lawfully doing business in the State. Tenant may provide any insurance under a "blanket" or "umbrella" insurance policy, provided that (i) such policy or a certificate of such policy shall specify the amount(s) of the total insurance allocated to the Premises, which amount(s) shall equal or exceed the amount(s) required by this Lease and shall not be reduced for claims made for other properties and (ii) such policy otherwise complies with this Lease. Notwithstanding the above, the policies of insurance required by this Lease may be written by so-called "captive" insurance company(ies) of Landlord, provided that the risk is reinsured with insurers that have a claims paying ability rating of not less than "A:X" by A.M. Best.
Nature of Insurance Program. Tenant may provide any insurance required by this Lease pursuant to a "blanket" or "umbrella" insurance policy, provided that (i) such policy or a certificate of such policy shall specify the amount(s) of the total insurance allocated to the
Nature of Insurance Program. All insurance policies this Lease requires, if issued by a commercial insurer (as opposed to protection through the AHS/West HPL/GL Trust Program), shall be issued by carriers that: (a) have a policyholders’ rating of “B+-VIII” or better, based on the latest rating publication of Property and Casualty Insurers by A.M. Best Company (or its equivalent if such publication ceases to be published); and (b) are lawfully doing business in the State. Tenant may provide any insurance under a “blanket” or “umbrella” insurance policy, provided that (i) such policy or a certificate of such policy shall specify the amount(s) of the total insurance allocated to the Premises, which amount(s) shall equal or exceed the amount(s) required by this Lease and shall not be reduced for claims made for other properties; and
Nature of Insurance Program. All insurance policies this Lease requires shall be issued by carriers that: (a) have a policyholders' rating of "A" or better, based on the latest ratings by A.M. Best Company (or its equivalent if such publication ceases to be published); and (b) are licensed or permitted to do business in the State of Washington. Tenant may provide any insurance under a ''blanket" or "umbrella" insurance policy, provided that (i) such policy or a certificate of such policy shall specify the amounts) of the total insurance allocated to the Premises, which amounts) shall equal or exceed the amount(s) required by this Lease and shall not be reduced for claims made for other properties below the amounts required by this Lease; and (ii) such policy otherwise complies with this Lease.
Nature of Insurance Program. All insurance policies required by this Contract shall be issued by carriers that: (a) have a policyholders’ rating of “A-, VIII” or better, based on the latest rating publication of Property and Casualty Insurers by A.M. Best Company (or its equivalent if such publication ceases to be published); and (b) are lawfully doing business in the State. Developer may provide any insurance under a “blanket” or “umbrella” insurance policy, provided that: (i) such policy or a certificate of such policy shall specify the amount(s) of the total insurance allocated to the Project, which amount(s) shall equal or exceed the amount(s) required by this Contract and shall not be reduced for claims made for other properties; and (ii) such policy otherwise complies with this Contract.
