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Property Casualty Insurance Sample Clauses

Property Casualty Insurance. Property casualty insurance for the Premises and any buildings constructed shall be added to Landlord’s existing property casualty insurance policy in such amounts as Landlord deems appropriate in its sole discretion but not to exceed one hundred fifty (150%) of the property and building value. Tenant shall reimburse Landlord for the expense attributable to such coverage. Tenant may choose, at its option, to obtain renter’s insurance at Tenant’s sole expense for any of its personal property.
Property Casualty InsuranceTenant shall obtain and keep in force during the term of this Lease a policy or policies of insurance covering loss or damage to the Premises in the amount of the full replacement value thereof, as the same may exist from time to time, but in no event less than the total amount required by lenders having liens on the Premises, against all perils included within the classification of fire, extended coverage, vandalism, malicious mischief and flood (in the event same is required by a lender having a lien on the Premises). Landlord shall be named as insured (or an additional insured) on the policy. Said insurance shall provide for payment of loss thereunder to Landlord or to the holders of mortgages or deeds of trust on the Premises.
Property Casualty InsuranceThe District will obtain Property Casualty Insurance which will include coverage for the risks of loss, damage or destruction to the District’s buildings and/or campuses. The foregoing notwithstanding, the District’s Property Casualty Insurance will not provide coverage for the risk of loss, damage or destruction of items of personal property leased, rented or owned by the Contractor. The Contractor is solely responsible, without additional payment or compensation from the District, for the costs to replace or repair any personal property owned, rented or leased by the Contractor.
Property Casualty Insurance. 5.3.1 Subject to Section 5.3.3, Westin shall, at all times during the term of this Agreement, and at Owner’s cost and expense, keep the Resort (including, without limitation, the conference centers, entertainment and recreation facilities, golf course improvements, pro-shops, and other common areas), and its contents (including, without limitation, all furniture, fixtures, equipment, appliances, machinery, tools, golf carts and golf equipment) insured for the benefit of Owner and Westin, and in compliance with the requirements set forth in any Mortgage(s): (a) against “all risks” of physical loss or damage for the full replacement value thereof, without exclusion for loss or damage by fire, lightning, windstorm, hail, explosion, riot, civil commotion, aircraft, vehicles, smoke, vandalism, malicious mischief, sprinkler leakage, volcanic action, terrorist acts (to the extent such coverage is available at commercially reasonable rates, as mutually determined by Owner and Westin), breakage of glass, falling objects, weight of ice and snow or sleet, water damage, weather conditions, or collapse; (b) against such other “all risk” perils, including earthquake and flood, commonly insured against by a Difference in Conditions insurance policy in such amounts as are obtainable from time to time, but in no event in amounts less than those required under the terms of the Mortgage(s); (c) on equipment for the supply or control of heat, light, power, hot water, cold water, gas, refrigeration, or air conditioning against direct or consequential loss or damage, as customarily covered under a Boiler and Machinery policy with a comprehensive definition of insured equipment, in the amount of at least Five Million Dollars ($5,000,000) or amounts as Owner or Westin may from time to time reasonably require; (d) for such other risks (including loss to fine arts, accounts receivable, valuable papers and records, electronic media and records, and shipments in transit) that, at the time, are commonly insured against by owners of hotel premises in the Restricted Area, with due regard being or to be given to the then existing circumstances and to the type, construction, design, use, and occupancy of the Resort; and (e) against Business Interruption and Extra Expense in a form no less comprehensive resulting from loss or damage from the hazards specified above, to owned or non-owned property which prevents normal-operations from continuing; such insurance shall be written on an Actual...
Property Casualty Insurance. Property casualty insurance providing coverage of not less than 100% of the insurable replacement value, without deduction for depreciation, for all buildings, structures, installations, fixtures, betterments, equipment, landscaping, and other improvements now existing or constructed or installed during the Term or any Renewal Term on or in the Premises (collectively “Improvements”), subject to the deductible limits provided below. Said insurance policies shall provide coverage for any loss due to fire, windstorm, and any other peril included in the broadest available standard form of extended coverage, and shall include, at the option of Tenant, coverage for flood. Deductible for all perils, except windstorm, shall not be greater than two percent (2%) of the full insurable replacement value, without deduction for depreciation, for the Improvements. Deductibles for windstorm damages shall not exceed five percent (5%) of the full insurable replacement value, without deduction for depreciation, for the Improvements. Tenant shall be and remain liable for and pay all such deductibles and other amounts not covered, paid, or reimbursed under the insurance policies for full repair or replacement of the damaged or destroyed Improvements.
Property Casualty InsuranceTenant agrees to carry, maintain, and pay during the Term insurance for at least 100% of all of Tenant's property located in the Center.
Property Casualty Insurance. INDEMNIFICATION
Property Casualty Insurance. Insurance insuring the building and improvements against loss or damage by fire, lightning, flood, earthquake, and all other risks covered by the extended coverage insurance endorsement then in use in the State of Missouri in an amount not less than the outstanding principal amount of the Bond issued by such insurance company or companies authorized to do business in the State as may be selected by the Company. The policy or policies of such insurance shall name the Company, the City and the Bank as insureds, as their respective interests may appear, and payments thereunder shall be payable to the Company and the Bank in accordance with the provisions of Section 5.4. All payments received by the Company under such policy or policies that are required hereby to be paid to the Bank shall be immediately paid to the Bank. All proceeds from such policies of insurance shall be applied as provided in Section 5.4.
Property Casualty InsuranceThe District will obtain Property Casualty Insurance which will include coverage for the risks of loss, damage, or destruction to the LPC Cafeteria. The foregoing notwithstanding, the District's Property Casualty Insurance will not provide coverage for the risk of loss, damage, or destruction of items of personal property situated in, on, or about the LPC Cafeteria owned by Pacific Dining, including without limitation, the Pacific Dining Equipment/Fixtures.
Property Casualty Insurance. The Prope1ty Casualty Insurance obtained by Pacific Dining shall cover the perils and risks of loss, damage or destruction of all trade fixtures and equipment, including without limitation, the Pacific Dining Equipment/Fixtures merchandise and other personal property situated from time-to-time in, on, or about the LPC Cafeteria. The coverage amount under the Property Casualty Insurance shall be one hundred percent (100%) of the actual replacement costs. The Property Casualty Insurance shall include coverage against the perils of "fire and extended coverage," vandalism, malicious mischief, theft, sprinkler leakage, earthquake sprinkler leakage, and flood damage. Proceeds of the Property Casualty Insurance shall be used by Pacific Dining exclusively for the purposes of rebuilding, restoring, replacing, or repairing damage to property caused by peril(s) included within coverage under the Property Casualty Insurance policy.