Tenant Insurance Certificates. Manager shall secure from all tenants the originals of all certificates of insurance and renewals thereof required to be furnished by the terms of their leases. Manager shall forward copies of the certificates to Owner if requested by Owner. Manager shall establish systems and procedures to enforce lease requirements that such policies of insurance do not lapse and that all persons required to be named as additional insureds are listed thereon.
Appears in 3 contracts
Samples: Management Agreement (KBS Real Estate Investment Trust III, Inc.), Management Agreement, Limited Liability Company Agreement (KBS Strategic Opportunity REIT, Inc.)
Tenant Insurance Certificates. Manager shall endeavor to secure from all tenants the originals of all XXXXX certificates of insurance and renewals thereof required to be furnished by the terms of their leases. Manager shall forward copies of the certificates to Owner if requested by Owner. Manager shall establish systems and procedures to enforce lease requirements that such policies of insurance do not lapse and that all persons required to be named as additional insureds are listed thereon.
Appears in 1 contract
Samples: Limited Liability Company Agreement (KBS Strategic Opportunity REIT II, Inc.)
