Common use of Policy Form Clause in Contracts

Policy Form. All policies of insurance required of Tenant herein shall be issued by insurance companies with general policy holder's rating of not less than A- and a financial rating of not less than Class X, as rated in the most current available "Best's Key Rating Guide", and which are qualified to do business in the State of California. All such policies, except for the Worker's Compensation coverage, shall name, and shall be for the mutual and joint benefit and protection of, Landlord, Tenant and Landlord's agents and mortgagee(s) or beneficiary(ies) as additional insureds. The policies described in subparagraphs (c), (e) and (g) of Section 11.1 above shall also name Landlord and Landlord's mortgagee(s) or beneficiary(ies), to the extent identified to Tenant in writing, as loss payees. Executed copies of the policies of insurance or certificates thereof shall be delivered to Landlord concurrently with Tenant's execution of this Lease. Thereafter, executed copies of renewal policies or certificates thereof shall be delivered to Landlord within thirty (30) days prior to the expiration of the term of each policy. All policies of insurance delivered to Landlord must contain a provision that the company writing the policy will give to Landlord thirty (30) days' prior written notice of any cancellation or lapse or the effective date of any reduction in the amounts of insurance. All policies required of Tenant herein shall be endorsed to read that such policies are primary policies and any insurance carried by Landlord or Landlord's property manager shall be noncontributing with such policies. No policy required to be maintained by Tenant shall have a deductible greater than Ten Thousand Dollars ($10,000) unless approved in writing by Landlord.

Appears in 2 contracts

Samples: Lease Agreement (Cherokee International Corp), Lease Agreement (Flashcom Inc)

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Policy Form. All policies of insurance required of Tenant herein shall be issued by insurance companies with a general policy holder's ’s rating of not less than A- “A” and a financial rating of not less than Class X, as rated in the most current available "Best's ’s Key Rating Guide", and which are qualified to do business in the State of California. All such policies, except for the Worker's Workers’ Compensation coverage, shall name, name and shall be for the mutual and joint benefit and protection of, of Landlord, Tenant and Landlord's ’s agents and mortgagee(s) or beneficiary(ies) as additional insureds. The policies described in subparagraphs (c), (e) and (gd) of Section 11.1 above 12.1 shall also name Landlord and Landlord's Xxxxxxxx’s mortgagee(s) or beneficiary(ies), to the extent identified to Tenant in writing, ) as loss payees, and Landlord shall furnish to Tenant the names and addresses of such mortgagee(s) and beneficiary(ies). Executed copies of the policies of insurance or certificates thereof shall be delivered to Landlord concurrently with prior to Tenant's execution of this Lease, its agents or employees entering the Premises for any purpose. Thereafter, executed copies of renewal policies or certificates thereof shall be delivered to Landlord within thirty (30) days prior to the expiration of the term of each policy. All policies of insurance delivered to Landlord must contain a provision that the company writing the policy will give to Landlord thirty (30) days' prior written notice of any cancellation or lapse or the effective date of any reduction in the amounts of insurance. All policies required of Tenant herein shall be endorsed to read that such policies are primary policies and any insurance carried by Landlord or Landlord's ’s property manager shall be noncontributing with such policies. No policy required to be maintained by Tenant shall have a deductible greater than Ten Twenty-Five Thousand Dollars ($10,00025,000.00) unless approved in writing by Landlord.

Appears in 1 contract

Samples: Lease Agreement

Policy Form. All policies of insurance required of Tenant herein shall be issued by insurance companies with a general policy holder's ’s rating of not less than A- “A” and a financial rating of not less than Class X, as rated in the most current available "Best's ’s Key Rating Guide", and which are qualified to do business in the State of California. All such policies, except for the Worker's Workers’ Compensation coverage, shall name, name and shall be for the mutual and joint benefit and protection of, of Landlord, Tenant and Landlord's ’s agents and mortgagee(s) or beneficiary(ies) as additional insureds. The policies described in subparagraphs clauses (c), ) and (e) and (g) of Section 11.1 above 14.1 shall also name Landlord and Landlord's ’s mortgagee(s) or beneficiary(ies), to the extent identified to Tenant in writing, ) as loss payees, and Landlord shall furnish to Tenant the names and addresses of such mortgagee(s) and beneficiary (ies). Executed copies of the policies of insurance or certificates thereof shall be delivered to Landlord concurrently with prior to Tenant's execution of this Lease, its agents or employees entering the Premises for any purpose. Thereafter, executed copies of renewal policies or certificates thereof shall be delivered to Landlord within thirty (30) days prior to the expiration of the term of each policy. All policies of insurance delivered to Landlord must contain a provision that the company writing the policy will give to Landlord thirty (30) days' prior written notice of any cancellation or lapse or the effective date of any reduction in the amounts of insurance. All policies required of Tenant herein shall be endorsed to read that such policies are primary policies and any insurance carried by Landlord or Landlord's ’s property manager shall be noncontributing with such policies. No policy required to be maintained by Tenant shall have a deductible greater than Ten Twenty-Five Thousand Dollars ($10,00025,000.00) unless approved in writing by Landlord.

Appears in 1 contract

Samples: Lease (Central Coast Bancorp)

Policy Form. All policies of insurance required of Tenant herein shall be issued by insurance companies with a general policy holder's rating of not less than A- "A" and a financial rating of not less than Class "X", as rated in the most current available "Best's Key Rating Guide", and which are qualified to do business in the State of CaliforniaProject State. All such policies, except for the Worker's Workers' Compensation coverage, shall name, name and shall be for the mutual and joint benefit and protection of, of Landlord, Tenant and Landlord's agents and mortgagee(s) or beneficiary(ies) as additional insureds. The policies described in subparagraphs (c), (e) and (gd) of Section 11.1 above 14.1 shall also name Landlord and Landlord's mortgagee(s) or beneficiary(ies), to the extent identified to Tenant in writing, ) as loss payees, and Landlord shall furnish to Tenant the names and addresses of such mortgagee(s) and beneficiary(ies). Executed copies of the policies of insurance or certificates thereof shall be delivered to Landlord concurrently with prior to Tenant's execution of this Lease, its agents or employees entering the Premises for any purpose. Thereafter, executed copies of renewal policies or certificates thereof shall be delivered to Landlord within thirty (30) days prior to the expiration of the term of each policy. All policies of insurance delivered to Landlord must contain a provision that the company writing the policy will give to Landlord thirty (30) days' prior written notice of any cancellation or lapse or the effective date of any reduction in the amounts of insurance. All policies required of Tenant herein shall be endorsed to read that such policies are primary policies and any insurance carried by Landlord or Landlord's property manager shall be noncontributing with such policies. No policy required to be maintained by Tenant shall have a deductible greater than Ten Twenty-Five Thousand Dollars ($10,00025,000.00) unless approved in writing by Landlord.

Appears in 1 contract

Samples: Retail Lease (Arizona Furniture Co)

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Policy Form. All policies of insurance required of Tenant herein shall be issued by insurance companies with a general policy holder's ’s rating of not less than A- “A” and a financial rating of not less than Class X, as rated in the most current available "Best's ’s Key Rating Guide", and which are qualified to do business in the State of California. All such policies, except for the Worker's Workers’ Compensation coverage, shall name, name and shall be for the mutual and joint benefit and protection of, of Landlord, Tenant and Landlord's ’s agents and mortgagee(s) or beneficiary(ies) as additional insureds. The policies described in subparagraphs (c), (e) and (gd) of Section 11.1 above 13.1 shall also name Landlord and Landlord's ’s mortgagee(s) or beneficiary(ies), to the extent identified to Tenant in writing, ) as loss payees, and Landlord shall furnish to Tenant the names and addresses of such mortgagee(s) and beneficiary(ies). Executed copies of the policies of insurance or certificates thereof shall be delivered to Landlord concurrently with prior to Tenant's execution of this Lease, its agents or employees entering the Premises for any purpose. Thereafter, executed copies of renewal policies or certificates thereof shall be delivered to Landlord within thirty (30) days prior to the expiration of the term of each policy. All policies of insurance delivered to Landlord must contain a provision that the company writing the policy will give to Landlord thirty (30) days' prior written notice of any cancellation or lapse or the effective date of any reduction in the amounts of insurance. All policies required of Tenant herein shall be endorsed to read that such policies are primary policies and any insurance carried by Landlord or Landlord's ’s property manager shall be noncontributing with such policies. No policy required to be maintained by Tenant shall have a deductible greater than Ten Twenty-Five Thousand Dollars ($10,00025,000.00) unless approved in writing by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Yoshiharu Global Co.)

Policy Form. All policies of insurance required of Tenant herein shall be issued by insurance companies with general policy holder's rating of not less than A- A and a financial rating of not less than Class X, as rated in the most current available "Best's Key Rating Guide", and which are qualified to do business in the State of California. All such policies, except for the Worker's Compensation coverage, shall name, name and shall be for the mutual and joint benefit and protection of, of Landlord, Tenant and Landlord's agents and mortgagee(s) or beneficiary(iesbeneficiary (ies) as additional insureds. The policies described in subparagraphs (c), ) and (e) and (g) of Section 11.1 above Section 16.1 shall also name Landlord and Landlord's mortgagee(s) or beneficiary(ies), to the extent identified to Tenant in writing, beneficiary (ies) as loss payees. Executed copies of the policies of insurance or certificates thereof shall be delivered to Landlord concurrently with prior to Tenant's execution of this Lease, its agents or employees entering the Premises for any purpose. Thereafter, executed copies of renewal policies or certificates thereof shall be delivered to Landlord within thirty (30) days prior to the expiration of the term of each policy. All policies of insurance delivered to Landlord must contain a provision that the company writing the policy will give to Landlord thirty (30) days' prior written notice of any cancellation or lapse or the effective date of any reduction in the amounts of insurance. All policies required of Tenant herein shall be endorsed to read that such policies are primary policies and any insurance carried by Landlord or Landlord's property manager shall be noncontributing with such policies. No policy required to be maintained by Tenant shall have a deductible greater than Ten Twenty-Five Thousand Dollars ($10,00025,000.00) unless approved in writing by Landlord.

Appears in 1 contract

Samples: Retail Space Lease (Chicago Pizza & Brewery Inc)

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