Common use of Public Risk Insurance Clause in Contracts

Public Risk Insurance. 4.3.1 The Lessee must take out and maintain during the lease period a public risk insurance policy for at least the amount stated in Item 8 of the Schedule. The policy will be in respect of injury, loss or damage occurring in or on the Land and will note the Council’s rights and interests as proprietor of the Land.

Public Risk Insurance. 4.3.1 The Lessee and sub-Lessees must take out and maintain during the lease period a public risk insurance policy for at least the amount stated in Item 8 of the Schedule. The policy will be in respect of injury, loss or damage occurring in or on the Land Premises and will note the Council’s rights and interests as proprietor of the LandPremises.