Terrorism Insurance. If the insurance required under Paragraph 18(a)(i) above excludes coverage for acts of terrorism, Tenant shall provide terrorism insurance coverage in an amount equal to the full replacement cost of the applicable Leased Property or Leased Properties, unless such terrorism insurance coverage is (i) waived by Landlord, (ii) unable to be procured from any carrier of such insurance, or (iii) not available at commercially reasonable rates and not being carried by owners or operators of similarly situated properties.
Appears in 4 contracts
Samples: Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Provident Senior Living Trust)
Terrorism Insurance. If the insurance required under Paragraph 18(a)(i) above excludes coverage for acts of terrorism, Tenant shall provide terrorism insurance coverage in an amount equal to the full replacement cost of the applicable Leased Property or Leased Properties, unless such terrorism insurance coverage is (i) waived by Landlord, (ii) unable to be procured from any carrier of such insurance, or (iii) not available at commercially reasonable rates and not being carried by owners or operators of similarly situated properties.
Appears in 2 contracts
Samples: Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Provident Senior Living Trust)
