Tax Insurance. Buyer shall have received evidence, reasonably satisfactory to Buyer, that the Tax Insurance Policy bound on the date of this Agreement remains in full force and effect and that, effective at the Closing, all conditions to the issuance of the final, executed Tax Insurance Policy have been satisfied.
Tax Insurance. With respect to the indemnification contemplated under this Article III, Holdings will obtain an insurance policy in the form attached as Exhibit B to this Agreement (the “Policy”) with the following attributes: (a) in an aggregate coverage amount equal to $20,000,000, (b) with all premiums and fees to be paid by Holdings on or before the date of this Agreement, and (c) naming Holdings as the named insured and Marine as a loss payee. Holdings shall provide to Marine, reasonably promptly following delivery to, or receipt from, the requisite parties under the Policy, copies of all material notices that relate to any claim or potential claim under the Policy. Notwithstanding anything to the contrary set forth in this Agreement, none of the time periods, limitations or exceptions set forth in this Agreement shall in any way limit or modify the ability of any applicable insured to make claims under or recover under the Policy. Holdings shall not agree to amend, restate, terminate or waive Section 8 (Subrogation) of the Policy without Marine’s prior written consent, in Marine’s sole and absolute discretion.
Tax Insurance. (1) The lessor taxed and insured the vehicle as Selbstfahrervermietfahrzeug. The insurance includes liability insurance as well a vehicle insurance with EU- protection letter. The motorcycle is fully insured (1500 Euro self behalf). For da- mage to the vehicle, the regulation from §5 applies this contract.
(2) Does a renter cause damage through a traffic accident or collision with another vehicle of the company Rent-a-Boxer GmbH, so he has to take over the damage done for this. At the conclusion a comprehensive insurance is this type of damage involving the Excess covered.
Tax Insurance. Tenant shall pay, as additional rent, its prorate share of any and all real estate taxes and assessments assessed against or insurance costs incurred by the Shopping Center over the amount of such real estate taxes and assessments assessed and insurance costs incurred in 2015, each calculated separately. It is expressly agreed between the parties that in addition to paying the sum due when billed the first time there is an increase in either such item, if Landlord so elects, Tenant will make monthly escrow payments to Landlord for future estimated increases. The escrow period may be reevaluated periodically by Landlord and shall be structured so that the entire amount of real estate taxes and assessments and the entire amount of insurance costs due and payable will be paid to Landlord in full one month before each such items is first due or payable. Failure to comply with the foregoing will be considered a breach of this Lease.
Tax Insurance and Ground Rents Escrow Account. ---------------------------------------------- The provisions concerning the Escrow Fund (as defined in Section 3.5 of the Security Instruments) for taxes, insurance and, if applicable, ground rents, are set forth in such Section 3.5 of the Security Instruments.
Tax Insurance. Each Party shall be solely responsible for, and shall pay, any and all income taxes derived from and/or imposed on it as a consequence of its participation in the Joint Venture; Each Party shall be solely responsible for, and shall pay, all its insurance costs in connection with its participation in the Joint Venture. Pxxxxxx shall independently maintain throughout the Term, the minimum levels of insurance coverage specified in the RFP and, in the case of claims-made Commercial General Liability policies, shall secure tail coverage for at least three (3) years following the expiration or termination for any reason of this Agreement. NG shall independently maintain throughout the Term such comparable minimum levels of insurance as are appropriate in connection with its participation in the Joint Venture.
Tax Insurance. The Company shall obtain, at Parent’s sole cost and expense, a tax insurance policy that is transferrable to Parent related to the valuation of the Luxembourg IP with coverage for potential liability up to $75,000,000 from one or more reputable insurance carriers reasonably satisfactory to Parent (the “Tax Insurance Policy”).
Tax Insurance. The Company shall have obtained the Tax Insurance Policy.
