Other Insurance Matters. All insurance required to be carried by Tenant under this Lease shall (i) be issued by insurance companies authorized to do business in the State of Washington with a rating of A/VI or better as rated in the most recent edition of Best's Insurance Reports (ii) be issued as a primary policy; and (iii) contain an endorsement requiring thirty (30) days' prior written notice from the insurance company to both parties, to Landlord's Agent, and, if requested by Landlord, to Landlord's lender, before cancellation or change in the coverage, scope, or amount of any policy. Each policy or a certificate of the policy, together with evidence of payment of premiums, shall be deposited with Landlord on or before the Commencement Date, and on renewal of the policy not less than ten (10) days before expiration of the term of the policy.
Other Insurance Matters. Apart from the matters set forth above, the coverage and terms of any insurance with respect to any Aircraft Assets (a) subject to a Lease, shall be negotiated on a basis consistent with Sections 3(b) and (c) of Schedule 2.02(a) to the Servicing Agreement and (b) not subject to a Lease, shall be substantially consistent with the customary practices of the Servicer regarding similar equipment.
Other Insurance Matters. All the insurance required of Lessee under this Lease shall:
(1) Be issued by insurance companies authorized to do business in the State of California, with a Best’s rating of not less than A- VII; and
(2) Be issued as a primary policy. In addition, Lessee will endeavor to obtain from its carrier an endorsement in which the carrier agrees to provide thirty (30) days’ written notice [ten (10) days notice if cancellation due to non-payment of premium] to Lessor and Lessor's lender if required by Lessor, before cancellation or change in the coverage, scope, or amount of any policy. If Lessee’s carrier refuses to provide such endorsement, Lessee shall provide to Lessor notice of any cancellation of the insurance required by this Paragraph 14 to be carried by Lessee to Lessor within ten (10) business days of its receipt of such notice of cancellation or its failure to pay any premium for any such required insurance.
Other Insurance Matters. All insurance required under this Agreement shall:
(a) Be subject to deductibles not exceeding amounts customarily provided for hospitals of similar size, structure, and replacement value located in the State of California.
(b) Be issued by insurance companies authorized to do business in the State of California, with a financial rating of at least B+ status as rated by the most recent edition of Best’s Insurance Reports.
(c) Name Xxxxxx as additional insured.
Other Insurance Matters. Apart from the matters set forth above, the coverage and terms of any insurance with respect to any Aircraft Assets not subject to a Lease shall be substantially consistent with the reasonable commercial practices of the Servicer with respect to its own aircraft.
Other Insurance Matters. The Executive hereby agrees that the Company may continue, renew and/or purchase term or other insurance (whether group or individual) on his life pursuant to which the Company is or shall be, as the case may be, the beneficiary and further agrees to take all reasonable actions, including undergoing a physical examination, requested by the Company in order to facilitate its continuing, renewing and/or obtaining such insurance.
Other Insurance Matters. All the insurance required under this Lease shall:
(1) Be issued by insurance companies authorized to do business in the state of California, with a financial rating of at least an A status as rated in the most recent edition of Best’s Insurance Reports.
(2) Be issued as a primary policy.
(3) Contain an endorsement requiring thirty (30) days’ written notice from the insurance company to both parties, and Lessor’s lender if so required by Lessor, before cancellation or change in the coverage, scope, or amount of any policy. Each policy, or a certificate of the policy, together with evidence of payment of premiums, shall be deposited with the other party within 20 days of the Lease Commencement Date, and on renewal of the policy not less than 20 days before expiration of the term of the policy.
Other Insurance Matters. All the insurance required under this Lease will:
(i) Be issued by insurance companies authorized to do business in California, with a financial rating of at least an A-10 status as rated in the most recent edition of Best's Insurance Reports.
(ii) Contain an endorsement requiring thirty (30) days' written notice from the insurance company to both parties and to Landlord's lender before cancellation or change in coverage, scope, or amount of any policy.
(iii) Be renewed not less than twenty (20) days before expiration of the term of the policy. Each policy of insurance required under this Lease, or a certificate of the policy, together with evidence of payment of premiums, will be deposited with Landlord at the commencement of the Term and on each renewal of the policy.
Other Insurance Matters. Parent will purchase and maintain product liability and errors & omissions run-off insurance coverage for a period of seven years as is customary for companies in similar businesses and stages, covering their legal liability for the products and the services provided, delivered or manufactured prior to the Closing.
Other Insurance Matters. All the insurance required under this Lease shall:
(1) be issued by insurance companies licensed and authorized to do business in the State of California, with a “General Policyholders Rating” of at least an A-, VIII as set forth in the most recent edition of Best’s Insurance Guide.
(2) contain a provision stating that the insurer shall endeavor to provide at least thirty (30) days written notice to Landlord prior to any cancellation of such policy, and additionally Tenant covenants and agrees to provide such notice to Landlord (provided, however, that Landlord acknowledges that, as of the Lease Date, a majority of United States insurers will not agree to provide third parties (such as Landlord) notice of cancellation, and agrees that if Tenant’s insurer is similarly unwilling to provide notice to Landlord of the policy cancellation, Tenant’s obligation pursuant to the provisions of this clause (2) shall be to promptly give Landlord notice of Tenant’s receipt of any notice of cancellation from Tenant’s insurer).
(3) be renewed not less than five (5) days before expiration of the term of the policy. Each policy of insurance required under this Lease, or a certificate of the policy, together with evidence of payment of premiums, shall be deposited with Landlord prior to delivery and/or admittance of Tenant to the Premises, and on each renewal of the policy. In the event Tenant fails, at any time during the Term, to keep said insurance in full force and effect, Landlord may pay the necessary premiums therefore and the repayment thereof, plus an administrative surcharge of ten percent (10%), shall be deemed to be a part of the Rent due hereunder, payable as such on the next date upon which Base Monthly Rental becomes due.