Review of Limits. Once during each calendar year during the term of this Lease, Lessor may review the insurance coverage’s to be carried by Xxxxxx. If Lessor and Lessee mutually agree that higher limits of coverage are necessary to protect the interest of Lessor or the Additional Insureds, or that Lessee has failed to comply with the insurance requirements as stated in the Lease, Lessee shall obtain the additional limits of insurance, at its sole cost and expense.
Review of Limits. Commencing on the fifth anniversary of the Effective Date and once every five (5) years thereafter during the Term of this Agreement, the Town may review the insurance coverages to be carried by Franchisee. If the Town reasonably determines that additional coverages or higher limits of coverage are reasonably necessary to protect the interests of Town, the Additional Insureds, or the public, the Town shall notify the Franchisee of its determination, and the Town and Franchisee shall negotiate for appropriate modifications in coverages or limits. The Franchisee shall obtain and maintain such mutually agreed to modified insurance at its sole cost and expense.
Review of Limits. All insurance policy limits provided pursuant to this Article V shall be reviewed by the Parties each three (3) years following the Commencement Date, or sooner if reasonably requested by either Party, to determine the suitability of such insurance limits in view of exposures reasonably anticipated over the following three (3) years; provided, however, that insurance policy limits may not be reduced to an amount lower than that in effect for all Affiliated Hotels except by mutual consent of the Parties.
Review of Limits. 32 5.6 Limitation on Scope of Services.......................................... 32 ARTICLE VI
Review of Limits. Commencing on the fifth anniversary of the Effective Date and once every five (5) years thereafter during the Term of this Agreement, the County may review the insurance coverages to be carried by Franchisee. If the County reasonably determines that additional coverages or higher limits of coverage are reasonably necessary to protect the interests of County, the Additional Insureds, or the public, the County shall notify the Franchisee of its determination, and the County and Franchisee shall negotiate for appropriate modifications in coverages or limits. The Franchisee shall obtain and maintain such mutually agreed to modified insurance at its sole cost and expense.
Review of Limits. Once during every even numbered calendar year after ---------------- 1999 during -49- the term of this Franchise Agreement, Municipality may review the insurance coverages to be carried by Company. If Municipality determines that higher limits of coverage are necessary to protect the interests of Municipality or the Additional Insureds, Company shall be so notified and shall obtain the additional limits of insurance, at its sole cost and expense.
Review of Limits. All insurance policy limits established in this Article shall be reviewed by the parties annually, or sooner if reasonably requested by Manager or Lessee, to determine the suitability of such insurance limits in view of exposures reasonably anticipated.
Review of Limits. Once during each Renewal Term during the term of this Agreement, Landlord may review the insurance coverages to be carried by Tenant. If Landlord reasonably determines that higher limits of coverage are necessary to protect the interests of Landlord or the Additional Insureds, Tenant shall be so notified and shall obtain the additional limits of insurance, at its sole cost and expense.
Review of Limits
