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.
Appears in 3 contracts
Samples: Lease Agreement, Lease Agreement, Lease Agreement
Review of Limits. Once during each calendar year during the term of this Lease, Lessor may review the insurance coverage’s '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.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
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 XxxxxxLessee. 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 this Lease, Lessee shall obtain the additional limits of insurance, at its sole cost and expense.
Appears in 1 contract
Samples: Lease Agreement
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 XxxxxxLessee. 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.
Appears in 1 contract
Samples: Lease Agreement
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 this Lease, Lessee shall obtain the additional limits of insurance, at its sole cost and expense.
Appears in 1 contract
Samples: Lease Agreement