Common use of Property Insurance Clause in Contracts

Property Insurance. In accordance with Section 12, throughout the term of this Lease and any extensions thereof, the Lessee shall obtain and pay for fire and extended coverage casualty insurance for the building and other improvements on the leased Premises, with such comprehensive or so called "all risk" endorsements and in such amounts as the Lessor may, from time to time, deem reasonably necessary, and shall show the Lessee and the Lessor, and the Lessor’s lender, if any, as the insured thereon. The Lessee shall at all times keep such insurance in force and provide the Lessor with copies of said policies or certificates evidencing said coverage. The policies shall be in form and content reasonably required by the Lessor and shall be issued by an insurance company approved by the Lessor and shall contain a clause that the insurer will not cancel, materially modify, or fail to renew the insurance without first giving the Lessor thirty (30) days’ prior written notice. If the Lessee fails to keep said insurance in effect, the Lessee shall be in default hereunder and the Lessor may, at its option, immediately obtain insurance coverage as provided for herein and charge the Lessee for the cost thereof.

Property Insurance. In accordance with Except in case of multiple tenancy complex as provided in Section 12, Lessee shall, throughout the term of this Lease Agreement and any extensions thereof, the Lessee shall obtain and pay for fire and extended coverage casualty insurance for the building and other improvements on the leased Premises, with such comprehensive or so called "all risk" endorsements and in such amounts as the Lessor may, from time to time, may deem reasonably necessary, and shall show the Lessee and the Lessor, and the Lessor’s 's lender, if any, as the insured thereon. The Lessee shall at all times keep such also obtain and pay for loss of rent coverage. Lessee shall ensure the insurance remains in force throughout the Term and provide the Lessor with copies of said any policies or certificates evidencing said such coverage. The policies shall be in form and content reasonably required by the Lessor and shall be issued by an insurance company reasonably approved by the Lessor and shall contain a clause that the insurer will not cancel, materially modify, or fail to renew the insurance without first giving the Lessor thirty (30) days’ days prior written notice. If the Lessee fails to keep said the insurance in effect, the Lessee shall be in default hereunder and the Lessor may, at its option, immediately obtain insurance coverage as provided for herein and charge the Lessee for the cost thereof.

Property Insurance. In accordance with Section 12XII, throughout the term of this Lease and any extensions thereof, the Lessee shall obtain and pay for fire and extended coverage casualty insurance for the building and other improvements on the leased Premisespremises, with such comprehensive or so called "all risk" endorsements and in such amounts as the Lessor Landlord may, from time to time, deem reasonably necessary, and shall show the Lessee and the LessorLandlord, and the Lessor’s Landlord's lender, if any, as the insured thereon. The Lessee shall at all times keep such insurance in force and provide the Lessor Landlord with copies of said policies or certificates evidencing said coverage. The policies shall be in form and content reasonably required by the Lessor Landlord and shall be issued by an insurance company approved by the Lessor Landlord and shall contain a clause that the insurer will not cancel, materially modify, modify or fail to renew the insurance without first giving the Lessor Landlord thirty (30) days’ days prior written notice. If the Lessee fails to keep said insurance in effect, the Lessee shall be in default hereunder and the Lessor Landlord may, at its option, immediately obtain insurance coverage as provided for herein and charge the Lessee for the cost thereof.

Property Insurance. In accordance with Section 12Except in case of multiple tenancy complex as provided in Paragraph XII, Lessee shall, throughout the term of this Lease Agreement and any extensions thereof, the Lessee shall obtain and pay for fire and extended coverage casualty insurance for the building and other improvements on the leased Premises, with such comprehensive or so called "all risk" endorsements and in such amounts as the Lessor may, from time to time, may deem reasonably necessary, and shall show the Lessee and the Lessor, and the Lessor’s 's lender, if any, as the insured thereon. The Lessee shall at all times keep such also obtain and pay for loss of rent coverage. Lessee shall ensure the insurance remains in force throughout the Term and provide the Lessor with copies of said any policies or certificates evidencing said such coverage. The policies shall be in form and content reasonably required by the Lessor and shall be issued by an insurance company reasonably approved by the Lessor and shall contain a clause that the insurer will not cancel, materially modify, or fail to renew the insurance without first giving the Lessor thirty (30) days’ days prior written notice. If the Lessee fails to keep said the insurance in effect, the Lessee shall be in default hereunder and the Lessor may, at its option, immediately obtain insurance coverage as provided for herein and charge the Lessee for the cost thereof.