Replacement of Insurance Carrier. In the event a Seller elects to replace its existing property and casualty insurance coverage after the Effective Date with coverage by a third party insurer, such new policy shall not be for less coverage than carried by such Seller as of the Effective Date.
Appears in 6 contracts
Samples: Agreement for Purchase and Sale and Escrow Instructions (Davidson Diversified Real Estate Ii Limited Partnership), Agreement for Purchase and Sale and Escrow Instructions (Davidson Income Real Estate Lp), Agreement for Purchase and Sale and Escrow Instructions (Consolidated Capital Properties Iv)
