Tenant’s insurance covenants. The Tenant covenants with the Landlord from and including the Insurance Commencement Date and then throughout the Term or until released pursuant to the 1995 Act as follows:
6.2.1 To pay to the Landlord on demand sums equal to:
(i) a fair proportion (reasonably determined by the Superior Landlord’s Surveyors) of the amount which the Superior Landlord spends on insurance pursuant to Clause 6.1.1;
(ii) the whole of the amount which the Superior Landlord spends on insurance pursuant to Clause 6.1.2;
(iii) the cost of property owners’ liability and third party liability insurance in connection with the Property;
(iv) the cost of any professional valuation of the Property properly required by the Superior Landlord (but not more than once in any two year period);
6.2.2 To give the Landlord immediate written notice on becoming aware of any event or circumstance which might affect or lead to an insurance claim;
6.2.3 Not to do anything at the Property which would or might prejudice or invalidate the insurance of the Building or the Adjoining Property or cause any premium for their insurance to be increased;
6.2.4 To pay to the Landlord on demand:
(i) any increased premium and any Costs incurred by the Superior Landlord or Landlord as a result of a breach of Clause 6.2.3;
(ii) a fair proportion (reasonably determined by the Superior Landlord’s Surveyors) of any uninsured excess to which the insurance policy may be subject;
(iii) the whole of the irrecoverable proportion of the insurance moneys if the Building or any part are destroyed or damaged by an Insured Risk but the insurance moneys are irrecoverable in whole or part due to the act or default of the Tenant;
6.2.5 To comply with the requirements and reasonable recommendations of the insurers;
6.2.6 To notify the Landlord and Superior Landlord of the full reinstatement cost of any fixtures and fittings installed at the Property at the cost of the Tenant which become Landlord’s fixtures and fittings;
6.2.7 Not to effect any insurance of the Property against an Insured Risk but if the Tenant effects or has the benefit of any such insurance the Tenant shall hold any insurance moneys upon trust for the Landlord and pay the same to the Landlord as soon as practicable;
Tenant’s insurance covenants. The Tenant covenants with the Landlord from and including the Insurance Commencement Date and then throughout the Term or until released pursuant to the 1995 Act as follows:
6.2.1 To pay to the Landlord on demand sums equal to:
(i) a fair proportion (reasonably determined by the Landlord’s Surveyors) of the amount which the Landlord spends on insurance pursuant to Clause 6.1.1;
(ii) the whole of the amount which the Landlord spends on insurance pursuant to Clause 6.1.2;
(iii) the cost of property owners’ liability and third party liability insurance in connection with the Property;
(iv) the cost of any professional valuation of the Property properly required by the Landlord (but not more than once in any two year period);
6.2.2 To give the Landlord immediate written notice on becoming aware of any event or circumstance which might affect or lead to an insurance claim;
Tenant’s insurance covenants. The Tenant covenants with the Landlord: -
6.2.1 to pay to the Landlord without deduction a fair proportion determined by the Landlord of the sums which shall from time to time be paid or payable by the Landlord for:
(a) insuring the Premises
(b) insuring in such amount and on such terms as the Landlord shall reasonably consider appropriate against all liability of the Landlord to third parties arising out of or in connection with any matter involving or relating to the Premises and so that:
(c) the first payment or payments under this clause shall be made on the date of this Lease in respect of the period from and including the date of this Lease to and including the day before the next policy renewal date or dates (any necessary apportionment being made according to the number of days in that period relative to the number of days in the period covered by the relevant policy) and
(d) subsequent payments under this clause shall be made within fourteen (14) days of written demand of the annual policy renewal date and (if so demanded) in advance of the relevant policy renewal dates provided that in calculating the amounts payable by the Landlord by way of premium as referred to above no deduction shall be made in respect of any agency or other commission paid or allowed to the Landlord
6.2.2 to comply with all the requirements and reasonable recommendations of the Landlord’s insurers
6.2.3 not to do or omit anything that could cause any policy of insurance on or in relation to the Premises or any part of it to become void or voidable wholly or in part nor anything by which any increased premium may become payable for any such insurance
6.2.4 to keep the Premises supplied with such fire fighting equipment as the insurers or the fire authority may require or as the Landlord may reasonably require and to maintain such equipment to their satisfaction and in efficient working order and at least once in every twelve (12) months to cause any sprinkler system and other fire fighting equipment to be inspected by a competent person
6.2.5 not to store or bring on to the Premises any article substance or liquid of a combustible inflammable or explosive nature and to comply with the requirements and recommendations of the fire authority and the reasonable requirements of the Landlord as to fire precautions relating to the Premises
6.2.6 not to obstruct the access to any fire fighting equipment or the means of escape from the Premises nor to lock any fire door while the Pr...
Tenant’s insurance covenants. The Tenant covenants with the Landlord: To insure the plate glass. To comply with all the requirements and recommendations of the Landlord’s insurers. Not to do or omit anything that could cause any policy of insurance on or in relation to the Premises or any part of the Building to become void or voidable wholly or in part nor (unless the Tenant shall have previously notified the Landlord and have agreed to pay the increased premium) anything by which additional premiums may become payable. Not to store or bring into the Property the Building or the Premises any articles substance or liquid of a specially combustible inflammable or explosive nature and to comply with the requirements and recommendations of the fire authority and the requirements of the Landlord as to fire precautions relating to the Premises. Not to obstruct the access to any fire equipment or the means of escape from the Building and the Property and not to lock any fire door while the Premises or any part of the Property or the Building is occupied. to give notice to the Landlord immediately upon the happening of any event which might affect any insurance policy on or relating to the Premises or the Property and Building or upon the happening of any event against which the Landlord may have insured under this Lease. Immediately to inform the Landlord in writing of any conviction judgement or finding of any court or tribunal in Kenya relating to the Tenant (or any director other officer or major shareholder of the Tenant) of such a nature as to be likely to affect the decision of any insurer or underwriter to grant or to continue such insurance. if at any time the Tenant shall be entitled to the benefit of any insurance on the Premises (which is not effected or maintained in pursuance of any obligation contained in this Lease) to apply all money received by virtue of such insurance in making good all the loss or damage in respect of which such money shall have been received. if and whenever during the Term the Building or any part of it is damaged or destroyed by an Insured Risk and the insurance money payable under the policy of insurance effected by the Landlord pursuant to its obligations contained in this Lease is by reason of any proven act or default of the Tenant or anyone at the Premises expressly or by implication with the Tenant’s control wholly or partially irrecoverable immediately in every such case (at the option of the Landlord) either: To rebuild and reinstate at its own ...
Tenant’s insurance covenants. The Tenant covenants with the Landlord from and including the Insurance Commencement Date and then throughout the Term or until released pursuant to the 1995 Act as follows:
6.2.1 To pay to the Landlord on demand sums equal to:
(i) the amount which the Landlord spends on insurance pursuant to Clause 6.1;
(ii) the cost of property owners’ liability and third party liability insurance in connection with the Property;
(iii) the cost of any professional valuation of the Property properly required by the Landlord (but not more than once in any two year period);
6.2.2 To give the Landlord immediate written notice on becoming aware of any event or circumstance which might affect or lead to an insurance claim;
Tenant’s insurance covenants. The Tenant covenants with the Landlord that from and including the Term Commencement Date to effect and maintain insurance cover in respect of public liability insurance cover and employer's liability insurance and shall provide the Landlord with details of such insurance as the Landlord may reasonably require.
Tenant’s insurance covenants. The Tenant covenants with the Landlord throughout the Term or until released pursuant to the 1995 Act as follows:
6.2.1 To pay by way of additional rent to the Landlord within 20 Working Days of demand sums equal to:
(a) such proportion of the amount which the Landlord spends on insurance pursuant to clause 6.1.1 as the Landlord may from time to time determine and notify in writing to the Tenant;
(b) the whole of the amount which the Landlord spends on insurance pursuant to clause 6.
6.2.2 To give the Landlord immediate written notice on becoming aware of any event or circumstance which might affect or lead to an insurance claim.
Tenant’s insurance covenants. The Tenant covenants with the Landlord that from and including the Possession Date.
15 19 24.1 the Tenant will pay to the Landlord within 7 days of demand a fair proportion of all premiums and others expenses (including reasonable valuation fees such fees not to be incurred more than once in every two years) incurred by the Landlord in effecting and maintaining the Insurance Policies such proportion to be properly determined by the Landlord (and which for the avoidance of any doubt may in the case of the Loss of Rent Policy include the whole of the premium payable in respect of the Premises or a fair proportion of the premium payable in respect of the Building excepting those parts of the Building which shall be unlet or vacant at the date.
Tenant’s insurance covenants. THE TENANT COVENANTS with the Landlord:
7.9.1 To comply with all the requirements and recommendations of the insurers
(a) To insure and keep insured to the full value thereof all the plate glass at the demised premises against damage or destruction from whatever cause in the joint names of the Landlord and the Tenant with a responsible insurance office to be approved by the Landlord (such approval not to be unreasonably withheld or delayed) and to pay all premiums thereon within fourteen days after the due date and when so required by the Landlord (but not more than once in any twelve month period) to produce to the Landlord a copy of the Policy of such insurance and receipt for the current premium and to cause all monies received by virtue of such insurance to be forthwith laid out in the reinstatement of such plate glass and to make up any deficiency out of the Tenants own monies
