Rent Insurance. All rental loss insurance and the proceeds thereof allocable to any period subsequent to Closing shall be paid or assigned to Buyer at Closing.
Rent Insurance. What is Covered What is Not Covered
Rent Insurance. Covered Not Covered
Rent Insurance. What is covered As an Owner, You are covered for loss of rent in the event Your Private Dwelling House as stated on the Schedule is no longer habitable, as a result of an Insured Event for the period necessary for reinstatement. As an Occupier, We will pay for reasonable additional expenses incurred at a hotel, lodging house or boarding house, as a result of an Insured Event, for the period necessary for reinstatement. The total limit of liability shall not exceed ten (10) percent of the Total Sum Insured on Buildings and/or Contents. This benefit is in additional to the Total Sum Insured as stated on the Schedule. What is not covered
Rent Insurance. Rent insurance with respect to the premises of the tenants in the Project if available at a cost which Landlord in its sole judgment deems reasonable, against loss of rents in an aggregate amount equal to not more than twenty-four (24) times the sum of (i) the monthly requirement of monthly Base Rent of such tenants, plus (ii) the average monthly amount estimated from time to time by Landlord to be payable by such tenants as Additional Rent pursuant to their leases. 12.
Rent Insurance. 21 10. CONDEMNATION............................................................................................21
Rent Insurance. In order to insure the payment of rent during the period during which the Premises shall be untenantable by reason of damage by fire, wind or other casualty, Tenant agrees to secure "rent insurance" so that the rent will be paid to Landlord during such period that such building is untenantable, and such "rent insurance" shall provide for 60 percent of the annual rent payable by Tenant to Landlord provided for herein.
Rent Insurance. Covered Not Covered
(a) Hand Mirrors
Rent Insurance. The cost of rent insurance which insures against rent loss for a period in excess of 24 months. MINIMUM ELEMENTS:
1. All parking areas must be completed including lighting, traffic control signs, curbing and first lift of black top.
2. All exterior walkways between building and curb, entrances, exits, driveways and loading docks must be finished and functional.
3. All exterior surfaces of the building shall be fully completed (except only minor punch list items) and shall be completely weather tight in accordance with the Approved Plans.
4. All Building doors, windows, locks and other points of ingress and egress shall be lockable and all locks (other than Tenant installed security systems) shall be completed, functional and under the control of Tenant.
5. All base building mechanical systems serving any portion of the Building shall be completed and fully functioning as designed (except only minor punch list items not materially affecting functionality), including, without limitation, sprinklers, plumbing, electrical and HVAC systems.
6. All interior portions of Building entries and exits, all rest room facilities and other elements which would be common elements if the Building were occupied on a multi-tenant basis shall be complete and functional (except only minor punch list items not materially affecting functionality). The foregoing list does not, and is not intended to, define “substantial completion”; pursuant to Article 4 of the Lease, “substantial completion” shall not be deemed to have occurred until the foregoing minimum elements are satisfied and Landlord has obtained the requisite architect’s certificate and certificate of occupancy required under the fourth paragraph of Section 4(c) of the Lease.
1. Real estate taxes for and payable in the year 1998, first half paid, second half due October 15, 1998.
2. Drainage and utility easement(s) as shown on the recorded plat of Staring Lake Clubs Courts and Villages and Research Farm 2nd Addition.
3. Resolution dated November 5, 1996, filed of record December 30, 1996, as Document Nos. 2773427 (T) and 6669002 (A).
4. Rights of Access as contained in Deed Document No. 2733662.
5. Notice of Lis Pendens for highway purposes as contained in Document No. 1993044.
6. Drainage and utility easements as retained in Vacation, Document Nos. 5741642 and 2149455. Note: The following items do not affect the Property, but do however appear on the Certificate of Title for the Property; Landlord has no obligation to c...
Rent Insurance. As an Owner, You are covered for loss of rent in the event Your Private Dwelling House as stated on the Schedule is no longer habitable, as a result of an Insured Event for the period necessary for reinstatement. As an Occupier, We will pay for reasonable additional expenses incurred at a hotel, lodging house or boarding house, as a result of an Insured Event, for the period necessary for reinstatement. The total limit of liability shall not exceed ten (10) percent of the Total sum insured on buildings and/or contents. This benefit is in additional to the Total sum insured as stated on the Schedule.
