Common use of Review of Limits Clause in Contracts

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. All insurance policy limits provided pursuant to this Article V XIII 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 those in effect for all Affiliated Hotels similar hotels except by mutual consent of the Parties.