Common use of Terms of Insurance Clause in Contracts

Terms of Insurance. ‌ The policies required above, shall name Lessor as an additional insured and Lessee shall provide promptly to Lessor certificates of insurance evidencing the policies obtained by Lessee hereunder as hereinafter described. Proof of insurance (“Proof”) shall consist of either (a) an insurance binder or premium payment receipt, (b) a copy of the policy, or (c) an “XXXXX 27 Evidence of Property Insurance” or “XXXXX 25 Certificate of Liability Insurance,” whichever is appropriate (or such other similar certificates), issued by Lessee’s insurer with respect to each required policy. Lessee shall deliver Proof before the Lease is executed. Thereafter, during the Term, within 30 days after the renewal date of each policy, the issuance of a new policy or on such other date as Lessor reasonably requires, Xxxxxx will deliver a copy of the latest Proof to Lessor. Each policy of insurance will require the issuer of the insurance policy to give Lessor 30 days’ advance written notice of the termination or modification of the policy. Further, all policies of insurance described above, shall: a) be written as primary policies not contributing with and not in excess of coverage that Lessor may carry; b) contain an endorsement providing that such insurance may not be materially changed, amended or canceled except after 30 days’ prior written notice from insurance company to Lessor;‌ c) expressly provide that Lessor shall not be required to give notice of accidents or claims and that Lessor shall have no liability for premiums; and d) not have a deductible in excess of $20,000.00.‌

Terms of Insurance. ‌ The policies required above, shall name Lessor as an additional insured and Lessee shall provide promptly to Lessor certificates of insurance evidencing the policies obtained by Lessee hereunder as hereinafter described. Proof of insurance (“Proof”) shall consist of either (a) an insurance binder or premium payment receipt, (b) a copy of the policy, or (c) an “XXXXX 27 Evidence of Property Insurance” or “XXXXX 25 Certificate of Liability Insurance,” whichever is appropriate (or such other similar certificates), issued by Lessee’s insurer with respect to each required policy. Lessee shall deliver Proof before the Lease is executed. Thereafter, during the Term, within 30 days after the renewal date of each policy, the issuance of a new policy or on such other date as Lessor reasonably requires, Xxxxxx Lessee will deliver a copy of the latest Proof to Lessor. Each policy of insurance will require the issuer of the insurance policy to give Lessor 30 days’ advance written notice of the termination or modification of the policy. Further, all policies of insurance described above, shall: a) be written as primary policies not contributing with and not in excess of coverage that Lessor may carry; b) contain an endorsement providing that such insurance may not be materially changed, amended or canceled except after 30 days’ prior written notice from insurance company to Lessor;‌ c) expressly provide that Lessor shall not be required to give notice of accidents or claims and that Lessor shall have no liability for premiums; and d) not have a deductible in excess of $20,000.00.‌

Terms of Insurance. ‌ ‌‌‌ The policies required above, shall name Lessor as an additional insured and Lessee shall provide promptly to Lessor certificates of insurance evidencing the policies obtained by Lessee hereunder as hereinafter described. Proof of insurance (“Proof”) shall consist of either (a) an insurance binder or premium payment receipt, (b) a copy of the policy, or (c) an “XXXXX 27 Evidence of Property Insurance” or “XXXXX 25 Certificate of Liability Insurance,” whichever is appropriate (or such other similar certificates), issued by Lessee’s insurer with respect to each required policy. Lessee shall deliver Proof before the Lease is executed. Thereafter, during the Term, within 30 days after the renewal date of each policy, the issuance of a new policy or on such other date as Lessor reasonably requires, Xxxxxx will deliver a copy of the latest Proof to Lessor. Each policy of insurance will require the issuer of the insurance policy to give Lessor 30 days’ advance written notice of the termination or modification of the policy. Further, all policies of insurance described above, shall: a) be written as primary policies not contributing with and not in excess of coverage that Lessor may carry; b) contain an endorsement providing that such insurance may not be materially changed, amended or canceled except after 30 days’ prior written notice from insurance company to Lessor;‌Lessor; c) expressly provide that Lessor shall not be required to give notice of accidents or claims and that Lessor shall have no liability for premiums; and and d) not have a deductible in excess of $20,000.00.‌20,000.00.

Terms of Insurance. ‌ The policies required above, shall name Lessor as an additional insured and Lessee shall provide promptly to Lessor certificates of insurance evidencing the policies obtained by Lessee hereunder as hereinafter described. Proof of insurance (“Proof”) shall consist of either (a) an insurance binder or premium payment receipt, (b) a copy of the policy, or (c) an “XXXXX 27 Evidence of Property Insurance” or “XXXXX 25 Certificate of Liability Insurance,” whichever is appropriate (or such other similar certificates), issued by Lessee’s insurer with respect to each required policy. Lessee shall deliver Proof before the Lease is executed. Thereafter, during the Term, within 30 days after the renewal date of each policy, the issuance of a new policy or on such other date as Lessor reasonably requires, Xxxxxx will deliver a copy of the latest Proof to Lessor. Each policy of insurance will require the issuer of the insurance policy to give Lessor 30 days’ advance written notice of the termination or modification of the policy. Further, all policies of insurance described above, shall: a) be written as primary policies not contributing with and not in excess of coverage that Lessor may carry; b) contain an endorsement providing that such insurance may not be materially changed, amended or canceled except after 30 days’ prior written notice from insurance company to Lessor;‌Lessor; c) expressly provide that Lessor shall not be required to give notice of accidents or claims and that Lessor shall have no liability for premiums; and and d) not have a deductible in excess of $20,000.00.‌20,000.00.

Terms of Insurance. ‌ The policies required above, shall name Lessor as an additional insured and Lessee shall provide promptly to Lessor certificates of insurance evidencing the policies obtained by Lessee hereunder as hereinafter described. Proof of insurance (“Proof”) shall consist of either (a) an insurance binder or premium payment receipt, (b) a copy of the policy, or (c) an “XXXXX 27 Evidence of Property Insurance” or “XXXXX 25 Certificate of Liability Insurance,” whichever is appropriate (or such other similar certificates), issued by Lessee’s insurer with respect to each required policy. Lessee shall deliver Proof before the Lease is executed. Thereafter, during the Term, within 30 days after the renewal date of each policy, the issuance of a new policy or on such other date as Lessor reasonably requires, Xxxxxx Lessee will deliver a copy of the latest Proof to Lessor. Each policy of insurance will require the issuer of the insurance policy to give Lessor 30 days’ advance written notice of the termination or modification of the policy. Further, all policies of insurance described above, shall: a) be written as primary policies not contributing with and not in excess of coverage that Lessor may carry;carry;‌ b) contain an endorsement providing that such insurance may not be materially changed, amended or canceled except after 30 days’ prior written notice from insurance company to Lessor;‌Lessor; c) expressly provide that Lessor shall not be required to give notice of accidents or claims and that Lessor shall have no liability for premiums; and d) not have a deductible in excess of $20,000.00.‌

Terms of Insurance. ‌ The policies required above, shall name Lessor as an additional insured and Lessee shall provide promptly to Lessor certificates of insurance evidencing the policies obtained by Lessee hereunder as hereinafter described. Proof of insurance (“Proof”) shall consist of either (a) an insurance binder or premium payment receipt, (b) a copy of the policy, or (c) an “XXXXX 27 Evidence of Property Insurance” or “XXXXX 25 Certificate of Liability Insurance,” whichever is appropriate (or such other similar certificates), issued by LesseeXxxxxx’s insurer with respect to each required policy. Lessee shall deliver Proof before the Lease is executed. Thereafter, during the Term, within 30 days after the renewal date of each policy, the issuance of a new policy or on such other date as Lessor reasonably requires, Xxxxxx will deliver a copy of the latest Proof to Lessor. Each policy of insurance will require the issuer of the insurance policy to give Lessor 30 days’ advance written notice of the termination or modification of the policy. Further, all policies of insurance described above, shall:shall:‌ a) be written as primary policies not contributing with and not in excess of coverage that Lessor may carry; b) contain an endorsement providing that such insurance may not be materially changed, amended or canceled except after 30 days’ prior written notice from insurance company to Lessor;‌Lessor; c) expressly provide that Lessor shall not be required to give notice of accidents or claims and that Lessor shall have no liability for premiums; and and d) not have a deductible in excess of $20,000.00.‌20,000.00.

Terms of Insurance. ‌ The policies required above, shall name Lessor as an additional insured and Lessee shall provide promptly to Lessor certificates of insurance evidencing the policies obtained by Lessee hereunder as hereinafter described. Proof of insurance (“Proof”) shall consist of either (a) an insurance binder or premium payment receipt, (b) a copy of the policy, or (c) an “XXXXX 27 Evidence of Property Insurance” or “XXXXX 25 Certificate of Liability Insurance,” whichever is appropriate (or such other similar certificates), issued by Lessee’s insurer with respect to each required policy. Lessee shall deliver Proof before the Lease is executed. Thereafter, during the Term, within 30 days after the renewal date of each policy, the issuance of a new policy or on such other date as Lessor reasonably requires, Xxxxxx Lessee will deliver a copy of the latest Proof to Lessor. Each policy of insurance will require the issuer of the insurance policy to give Lessor 30 days’ advance written notice of the termination or modification of the policy. Further, all policies of insurance described above, shall: a) be written as primary policies not contributing with and not in excess of coverage that Lessor may carry; b) contain an endorsement providing that such insurance may not be materially changed, amended or canceled except after 30 days’ prior written notice from insurance company to Lessor;‌Lessor; c) expressly provide that Lessor shall not be required to give notice of accidents or claims and that Lessor shall have no liability for premiums; and and d) not have a deductible in excess of $20,000.00.‌20,000.00.

Terms of Insurance. ‌ The policies required above, shall name Lessor as an additional insured and Lessee shall provide promptly to Lessor certificates of insurance evidencing the policies obtained by Lessee hereunder as hereinafter described. Proof of insurance (“Proof”) shall consist of either (a) an insurance binder or premium payment receipt, (b) a copy of the policy, or (c) an “XXXXX 27 Evidence of Property Insurance” or “XXXXX 25 Certificate of Liability Insurance,” whichever is appropriate (or such other similar certificates), issued by Lessee’s insurer with respect to each required policy. Lessee shall deliver Proof before the Lease is executed. Thereafter, during the Term, within 30 days after the renewal date of each policy, the issuance of a new policy or on such other date as Lessor reasonably requires, Xxxxxx will deliver a copy of the latest Proof to Lessor. Each policy of insurance will require the issuer of the insurance policy to give Lessor 30 days’ advance written notice of the termination or modification of the policy. Further, all policies of insurance described above, shall: a) be written as primary policies not contributing with and not in excess of coverage that Lessor may carry; b) contain an endorsement providing that such insurance may not be materially changed, amended or canceled except after 30 days’ prior written notice from insurance company to Lessor;‌ c) expressly provide that Lessor shall not be required to give notice of accidents or claims and that Lessor shall have no liability for premiums; and and d) not have a deductible in excess of $20,000.00.‌20,000.00.

Terms of Insurance. ‌ The policies required above, shall name Lessor as an additional insured and Lessee shall provide promptly to Lessor certificates of insurance evidencing the policies obtained by Lessee hereunder as hereinafter described. Proof of insurance (“Proof”) shall consist of either (a) an insurance binder or premium payment receipt, (b) a copy of the policy, or (c) an “XXXXX 27 Evidence of Property Insurance” or “XXXXX 25 Certificate of Liability Insurance,” whichever is appropriate (or such other similar certificates), issued by Lessee’s insurer with respect to each required policy. Lessee shall deliver Proof before the Lease is executed. Thereafter, during the Term, within 30 days after the renewal date of each policy, the issuance of a new policy or on such other date as Lessor reasonably requires, Xxxxxx will deliver a copy of the latest Proof to Lessor. Each policy of insurance will require the issuer of the insurance policy to give Lessor 30 days’ advance written notice of the termination or modification of the policy. Further, all policies of insurance described above, shall: a) be written as primary policies not contributing with and not in excess of coverage that Lessor may carry; b) contain an endorsement providing that such insurance may not be materially changed, amended or canceled except after 30 days’ prior written notice from insurance company to Lessor;‌Lessor; c) expressly provide that Lessor shall not be required to give notice of accidents or claims and that Lessor shall have no liability for premiums; and d) not have a deductible in excess of $20,000.00.‌20,000.00.