Common use of Responsibility for Insurance Clause in Contracts

Responsibility for Insurance. Lessor shall obtain the insurance and pay the premiums for the coverages described in Section 13.1(a)(i) - (iii) above (excluding the business interruption insurance for the benefit of the Lessee in Section 13.1(a)(iii)). Lessee shall obtain the insurance and pay the premiums for the coverages described in Section 13.1(a)(iii) - (xi) above (excluding the loss of income insurance for the benefit of the Lessor in Section 13.1(a)(iii)). The Lessee shall also be responsible for any and all deductibles in connection with such coverages. In the event that Lessor can obtain comparable insurance coverage required to be carried by Lessee from comparable insurers and at a cost significantly less than that at which Lessee can obtain such coverage, the parties shall cooperate in good faith to obtain such coverage at the lower cost and the Lessee shall pay the premiums therefor.

Responsibility for Insurance. Lessor shall obtain the ---------------------------- insurance and pay the premiums for the coverages described in Section 13.1(a)(i) - (iii) above (excluding the business interruption insurance for the benefit of the Lessee in Section 13.1(a)(iii)). Lessee shall obtain the insurance and pay the premiums for the coverages described in Section 13.1(a)(iii) - (xi) above (excluding the loss of income insurance for the benefit of the Lessor in Section 13.1(a)(iii)). The Lessee shall also be responsible for any and all deductibles in connection with such coverages. In the event that Lessor can obtain comparable insurance coverage required to be carried by Lessee from comparable insurers and at a cost significantly less than that at which Lessee can obtain such coverage, the parties shall cooperate in good faith to obtain such coverage at the lower cost and the Lessee shall pay the premiums therefor.

Responsibility for Insurance. Lessor shall obtain the insurance ----------------------------- and pay the premiums for the coverages described in Section 13.1(a)(i) - (iii) above (excluding the business interruption insurance for the benefit of the Lessee in Section 13.1(a)(iii)). Lessee shall obtain the insurance and pay the premiums for the coverages described in Section 13.1(a)(iii) - (xi) above (excluding the loss of income insurance for the benefit of the Lessor in Section 13.1(a)(iii)). The Lessee shall also be responsible for any and all deductibles in connection with such coverages. In the event that Lessor can obtain comparable insurance coverage required to be carried by Lessee from comparable insurers and at a cost significantly less than that at which Lessee can obtain such coverage, the parties shall cooperate in good faith to obtain such coverage at the lower cost and the Lessee shall pay the premiums therefor.

Responsibility for Insurance. Lessor shall obtain the ------------------------------ insurance and pay the premiums for the coverages described in Section 13.1(a)(i) - (iii) above (excluding the business interruption insurance for the benefit of the Lessee in Section 13.1(a)(iii)). Lessee shall obtain the insurance and pay the premiums for the coverages described in Section 13.1(a)(iii) - (xi) above (excluding the loss of income insurance for the benefit of the Lessor in Section 13.1(a)(iii)). The Lessee shall also be responsible for any and all deductibles in connection with such coverages. In the event that Lessor can obtain comparable insurance coverage required to be carried by Lessee from comparable insurers and at a cost significantly less than that at which Lessee can obtain such coverage, the parties shall cooperate in good faith to obtain such coverage at the lower cost and the Lessee shall pay the premiums therefor.