Common use of SUM AND RISKS INSURED Clause in Contracts

SUM AND RISKS INSURED. The Property shall be insured in a sum not less than its full reinstatement cost (as determined from time to time by the Landlord) against loss or damage by the Insured Risks.

Appears in 2 contracts

Samples: Lease (Niagara Corp), Agreement for Lease (Exodus Communications Inc)

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SUM AND RISKS INSURED. The Property shall be insured in a sum not less than its full reinstatement cost (as determined from time to time by the Landlord) against loss or damage by the Insured RisksRisks and the insurance shall extend to architects and other professional fees in relation to the reinstatement of the Property and the cost of demolition and removal of debris.

Appears in 1 contract

Samples: Lease Renewal Deed (Niagara Corp)

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SUM AND RISKS INSURED. The Property shall be insured in a sum not less than its full reinstatement cost (as determined from time to time by the Landlord) against loss or damage by the Insured RisksRisks and the insurance shall extend to architects and other professional fees in relation to reinstatement of the Property and the cost of demolition and removal of debris.

Appears in 1 contract

Samples: Side Deed (Niagara Corp)

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