Common use of To Insure Clause in Contracts

To Insure. (a) the Building and keep the same insured in the name of the Landlord subject to such exclusions excesses and limitations as may be imposed by the insurers and as are common in the London insurance market from time to time against: (i) the Insured Risks in such a sum as shall be determined from time to time by the Landlord or the Landlord’s Surveyor acting reasonably as being the full cost of rebuilding and reinstatement of the Building (and for these purposes “Building” means the Building constructed in accordance with the Specification) and identifying specifically the sums referable to the cost of rebuilding or reinstating the relevant parts of the Building described in the section of the Specification entitled “Category A Specification” (and the Landlord covenants to have due regard to any reasonable request by the Tenant to increase such sums in respect of the Building) together with architects’ surveyors’ consultants’ legal and other fees in relation to the repair rebuilding or reinstatement of the Building (including any cost or increased cost resulting from the requirements of local or other authorities statutes bye-laws regulations or orders as to the method of or design of or materials to be used in such repairing rebuilding or reinstatement) and making due allowance for the effects of inflation and escalation of building costs and any fees and the cost of site clearance demolition and debris removal and VAT on all such sums including any VAT resulting from any deemed self supply as a result of such rebuilding or reinstatement (ii) loss of the Principal Rent and the Rent thirdly reserved for such period (being not less than five years and not more than seven years) as the Landlord may from time to time reasonably deem necessary which may be calculated having regard to any relevant reviews or increases of rent and to the likely period required for obtaining planning permission and reinstating the Building (iii) (to the extent to which the same is not covered by clause 4.2(a)(i)) where applicable engineering and electrical plant and machinery being part of the Building against sudden and unforeseen damage breakdown and inspection (iv) property owner’s liability and such other insurances as the Landlord may from time to time (acting reasonably) deem necessary to effect

Appears in 3 contracts

Samples: Lease Agreement (Markit Ltd.), Lease (Markit Ltd.), Lease Agreement (Markit Ltd.)

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To Insure. To insure or cause to be insured the Demised Premises and all Landlord's fixtures and fittings therein or thereon of an insurable nature (a) other than those which the Building and keep the same insured in the name of the Landlord subject to such exclusions excesses and limitations as Tenant or other tenants may be imposed entitled to remove) including all the glass herein (save for plate and other glass insured by the insurers and as are common in the London insurance market from time Tenant pursuant to time against: clause 4(7)(i)) against (i) loss or damage by the Insured Risks in such a sum (including any incidental expenses) as shall be determined from time to time by the Landlord or to represent the Landlord’s Surveyor acting reasonably reinstatement cost thereof as being the full cost of rebuilding and reinstatement of the Building (and for these purposes “Building” means the Building constructed in accordance with the Specification) and identifying specifically the sums referable to the cost of rebuilding or reinstating the relevant parts of the Building described in the section of the Specification entitled “Category A Specification” (and the Landlord covenants to have due regard to any reasonable request by the Tenant to increase such sums in respect of the Building) new together with architects’ surveyors’ consultants’ legal all professional and other fees in relation to the repair rebuilding or reinstatement of the Building (including any cost or increased cost resulting from the requirements of local or other authorities statutes bye-laws regulations or orders as to the method of or design of or materials to be used in such repairing rebuilding or reinstatement) and making due allowance for the effects of inflation and escalation of building costs and any fees expenses and the cost of site clearance demolition and debris removal and VAT on all such sums including any VAT resulting from any deemed self supply as a result of such rebuilding or reinstatement other incidental expenses (ii) public liability of the Landlord involving or relating to the Demised Premises or any part thereof and (iii) the loss of four years rent in some insurance office of repute 50 and to supply a summary of such insurance and evidence of payment of the Principal Rent current premium to the Tenant on request once yearly and in the Rent thirdly reserved case of destruction or damage to the Demised Premises by any Insured Risk to immediately notify the insurer on receiving notification from the Tenant of the damage or destruction and to claim all sums due under the insurance policy and use all reasonable endeavours to procure the payment by the insurer of all sums properly due under the insurance policy and apply for such period (being not less than five years and not more than seven years) as use all reasonable endeavours to obtain all planning permissions building regulations consents and other consents or licences necessary to enable the Landlord may from time to time reasonably deem necessary which may reinstate the Demised Premises and (unless payment of any money payable under any policy of insurance shall be calculated having regard wholly or partly withheld or refused either in consequence of any exclusion or qualification imposed by insurers or of any act neglect or default of the Tenant its undertenants or their respective servants agents or licensees) to any relevant reviews or increases ensure that all insurance moneys (other than for loss of rent and public liability) received by the Landlord are with all convenient speed (subject to the likely period required for obtaining planning permission necessary labour and materials being procurable and to all necessary statutory consents being obtained) laid out and applied in rebuilding repairing or otherwise reinstating the Building (iii) (Demised Premises and to the extent to which the same is not covered by clause 4.2(a)(i)) where applicable engineering and electrical plant and machinery being part make up any deficiency out of the Building against sudden and unforeseen damage breakdown and inspection (iv) property owner’s liability and such other insurances as the Landlord may from time to time (acting reasonably) deem necessary to effectits own monies

Appears in 1 contract

Samples: Agreement (Ecc International Corp)

To Insure. (a) the Building and keep the same insured with a reputable insurer in the name of the Landlord subject to such exclusions exclusions, excesses and limitations as may be imposed by the insurers and as are common in the London insurance market from time to time against: (i) the Insured Risks in such a sum as shall be determined from time to time by the Landlord or the Landlord’s 's Surveyor acting reasonably as being the full cost of rebuilding and reinstatement of the Building (and for these purposes "Building" means the Building constructed in accordance with the Specification) and identifying specifically Base Building Definition including such works to prepare the sums referable Premises to the cost of rebuilding or reinstating the relevant parts of the Building generally no lesser standard than that described in the section of the Specification entitled "Category A Specification” (") and the Landlord covenants to have due regard to any reasonable request by the Tenant to increase such sums in respect of the Building) Building together with architects', surveyors', consultants' legal and other fees in relation to the repair repair, rebuilding or reinstatement of the Building (including any cost or increased cost resulting from the requirements of local or other authorities statutes authorities, statutes, bye-laws laws, regulations or orders as to the method of or design of or materials to be used in such repairing repairing, rebuilding or reinstatement) and making due allowance for the effects of inflation and escalation of building costs and any fees and the cost of site clearance clearance, demolition and debris removal and VAT on all such sums including any VAT resulting from any deemed self self-supply as a result of such rebuilding or reinstatement; 11/46479475_5 28UKMATTERS:45919740.1 (ii) loss of the Principal Rent and the Rent rent thirdly reserved for such period (being not less than five years and not more than seven years) as the Landlord may from time to time reasonably deem necessary which may be calculated having regard to any relevant reviews or increases of rent and to the likely period required for obtaining planning permission and reinstating the Building; (iii) (to the extent to which the same is not covered by clause 4.2(a)(i)) where applicable engineering and electrical plant and machinery being part of the Building against sudden and unforeseen damage breakdown and inspection; (iv) property owner’s 's liability and such other insurances as the Landlord may from time to time (acting reasonably) deem necessary to effect; (b) subject to request by the Tenant in writing and notification in writing by the Tenant of the full reinstatement cost of such items, any installations, fixtures, fittings, and equipment resulting from the completion of the Tenant's Works (as defined in the Agreement for Lease) or any other completed works carried out by the Tenant and any sub-tenant in accordance with the provisions of this Lease. Landlord's obligations in relation to insurance

Appears in 1 contract

Samples: Lease Agreement (Mimecast LTD)

To Insure. (a) the Building and keep the same insured with a reputable insurer in the name of the Landlord subject to such exclusions exclusions, excesses and limitations as may be imposed by the insurers and as are common in the London insurance market from time to time against: (i) the Insured Risks in such a sum as shall be determined from time to time by the Landlord or the Landlord’s 's Surveyor acting reasonably as being the full cost of rebuilding and reinstatement of the Building (and for these purposes "Building" means the Building constructed in accordance with the Specification) and identifying specifically Base Building Definition including such works to prepare the sums referable Premises to the cost of rebuilding or reinstating the relevant parts of the Building generally no lesser standard than that described in the section of the Specification entitled "Category A Specification” (") and the Landlord covenants to have due regard to any reasonable request by the Tenant to increase such sums in respect of the Building) Building together with architects', surveyors', consultants' legal and other fees in relation to the repair repair, rebuilding or reinstatement of the Building (including any cost or increased cost resulting from the requirements of local or other authorities statutes authorities, statutes, bye-laws laws, regulations or orders as to the method of or design of or materials to be used in such repairing repairing, rebuilding or reinstatement) and making due allowance for the effects of inflation and escalation of building costs and any fees and the cost of site clearance clearance, demolition and debris removal and VAT on all such sums including any VAT resulting from any deemed self self-supply as a result of such rebuilding or reinstatement; 11/46486557_5 27UKMATTERS:45919740.1 (ii) loss of the Principal Rent and the Rent rent thirdly reserved for such period (being not less than five years and not more than seven years) as the Landlord may from time to time reasonably deem necessary which may be calculated having regard to any relevant reviews or increases of rent and to the likely period required for obtaining planning permission and reinstating the Building; (iii) (to the extent to which the same is not covered by clause 4.2(a)(i)) where applicable engineering and electrical plant and machinery being part of the Building against sudden and unforeseen damage breakdown and inspection; (iv) property owner’s 's liability and such other insurances as the Landlord may from time to time (acting reasonably) deem necessary to effect; (b) subject to request by the Tenant in writing and notification in writing by the Tenant of the full reinstatement cost of such items, any installations, fixtures, fittings, and equipment resulting from the completion of the Tenant's Works (as defined in the Agreement for Lease) or any other completed works carried out by the Tenant and any sub-tenant in accordance with the provisions of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Mimecast LTD)

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To Insure. (a) the Building and keep the same insured with a reputable insurer in the name of the Landlord subject to such exclusions exclusions, excesses and limitations as may be imposed by the insurers and as are common in the London insurance market from time to time against: (i) the Insured Risks in such a sum as shall be determined from time to time by the Landlord or the Landlord’s Surveyor acting reasonably as being the full cost of rebuilding and reinstatement of the Building (and for these purposes “Building’’ means the Building constructed in accordance with the Specification) and identifying specifically Base Building Definition including such works to prepare the sums referable Premises to the cost of rebuilding or reinstating the relevant parts of the Building generally no lesser standard than that described in the section of the Specification entitled “Category A Specification” (”) and the Landlord covenants to have due regard to any reasonable request by the Tenant to increase such sums in respect of the Building) Building together with architects’, surveyors’, consultants’ legal and other fees in relation to the repair repair, rebuilding or reinstatement of the Building (including any cost or increased cost resulting from the requirements of local or other authorities statutes bye-laws authorities, statutes, bye- laws, regulations or orders as to the method of or design of or materials to be used in such repairing repairing, rebuilding or reinstatement) and making due allowance for the effects of inflation and escalation of building costs and any fees and the cost of site clearance clearance, demolition and debris removal and VAT on all such sums including any VAT resulting from any deemed self self-supply as a result of such rebuilding or reinstatement; (ii) loss of the Principal Rent and the Rent rent thirdly reserved for such period (being not less than five years and not more than seven years) as the Landlord may from time to time reasonably deem necessary which may be calculated having regard to any relevant reviews or increases of rent and to the likely period required for obtaining planning permission and reinstating the Building; (iii) (to the extent to which the same is not covered by clause 4.2(a)(i)) where applicable engineering and electrical plant and machinery being part of the Building against sudden and unforeseen damage breakdown and inspection; (iv) property owner’s liability and such other insurances as the Landlord may from time to time (acting reasonably) deem necessary to effect; (b) subject to request by the Tenant in writing and notification in writing by the Tenant of the full reinstatement cost of such items, any installations, fixtures, fittings, and equipment resulting from the completion of the Tenant’s Works (as defined in the Agreement for Lease) or any other completed works carried out by the Tenant and any sub-tenant in accordance with the provisions of this Lease.

Appears in 1 contract

Samples: Agreement for Underlease (Mimecast LTD)

To Insure. (a) the Building and keep the same insured with a reputable insurer in the name of the Landlord subject to such exclusions exclusions, excesses and limitations as may be imposed by the insurers and as are common in the London insurance market from time to time against: (i) the Insured Risks in such a sum as shall be determined from time to time by the Landlord or the Landlord’s 's Surveyor acting reasonably as being the full cost of rebuilding and reinstatement of the Building (and for these purposes "Building" means the Building constructed in accordance with the Specification) and identifying specifically Base Building Definition including such works to prepare the sums referable Premises to the cost of rebuilding or reinstating the relevant parts of the Building generally no lesser standard than that described in the section of the Specification entitled "Category A Specification” (") and the Landlord covenants to have due regard to any reasonable request by the Tenant to increase such sums in respect of the Building) Building together with architects', surveyors', consultants' legal and other fees in relation to the repair repair, rebuilding or reinstatement of the Building (including any cost or increased cost resulting from the requirements of local or other authorities statutes authorities, statutes, bye-laws laws, regulations or orders as to the method of or design of or materials to be used in such repairing repairing, rebuilding or reinstatement) and making due allowance for the effects of inflation and escalation of building costs and any fees and the cost of site clearance clearance, demolition and debris removal and VAT on all such sums including any VAT resulting from any deemed self self-supply as a result of such rebuilding or reinstatement; (ii) loss of the Principal Rent and the Rent rent thirdly reserved for such period (being not less than five years and not more than seven years) as the Landlord may from time to time reasonably deem necessary which may be calculated having regard to any relevant reviews or increases of rent and to the likely period required for obtaining planning permission and reinstating the Building; (iii) (to the extent to which the same is not covered by clause 4.2(a)(i)) where applicable engineering and electrical plant and machinery being part of the Building against sudden and unforeseen damage breakdown and inspection; (iv) property owner’s 's liability and such other insurances as the Landlord may from time to time (acting reasonably) deem necessary to effect; (b) subject to request by the Tenant in writing and notification in writing by the Tenant of the full reinstatement cost of such items, any installations, fixtures, fittings, and equipment resulting from the completion of the Tenant's Works (as defined in the Agreement for Lease) or any other completed works carried out by the Tenant and any sub-tenant in accordance with the provisions of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Mimecast LTD)

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