Vitiation of Insurance. 4.1 If the insurance money under any of the Insurance Policies is wholly or partly irrecoverable by reason of any act neglect or default of the Tenant or any undertenant or any predecessor in title of either of them or any employee, servant, agent, licensee or invitee of any of them or where the sum insured is inadequate as a result of a breach by the Tenant of paragraph 2.3.6, then the Tenant will pay to the Landlord the irrecoverable amount or the amount of such shortfall as the case may be.
4.2 Payment under paragraph 4.1 shall be made on the later of the date of demand by the Landlord and the date on which such insurance money (or the relevant part of it) would have been claimable under the Insurance Policies had they not been wholly or partly vitiated.
4.3 In addition to any sum payable under paragraph 4.1 the Tenant shall pay interest at the Interest Rate on the relevant sum from the date on which that sum is due to the date of payment.
Vitiation of Insurance. 3.16.1 Not to do or omit anything whereby any policy or policies of insurance for the time being in force in respect of or including or covering the Premises, and/or the Development (including the Building) against any of the Insured Risks may become void or voidable or whereby the rate of premium thereon may be increased and that the Tenant will at all times comply with the requirements of the Insurers of the Premises and/or the Development (including the Building) and will indemnify the Landlord against all expense and loss arising from a breach of this obligation.
3.16.2 Not to effect any insurance against any of the Insured Risks in respect of or relating to the Premises.
3.16.3 Upon becoming aware of the happening of any event or thing against which insurance has been effected by the Landlord or under the provisions hereinafter contained to give notice thereof to the Landlord.
3.16.4 That in the event of the Premises and/or the Development (including the Building) or any part thereof being destroyed or damaged by any of the Insured Risks and the insurance money under any insurance against the same effected thereon by the Landlord being wholly or partially irrecoverable by reason solely or in part of any act, neglect or default of the Tenant or those for whom the Tenant is responsible at law, and in every such case the Tenant will pay to the Landlord the whole of such irrecoverable insurance money in full, cleared funds (or a fair proportion thereof if only partially attributable to any act, neglect of default of the Tenant or those for whom the Tenant is responsible at law).
Vitiation of Insurance. 5.1 If the insurance money under any of the Insurance Policies is wholly or partly irrecoverable (or where paragraph 1.6 applies if such money would under the Landlord’s usual terms of insurance be wholly or partly irrecoverable) by reason of any act neglect or default of the Tenant or any undertenant or any predecessor in title of either of them or any employee servant agent licensee or invitee of any of them or where the sum insured is inadequate as a result of a breach by the Tenant of paragraph 3.3(f) then the Tenant will pay to the Landlord the irrecoverable amount or the amount of the shortfall as the case may be
5.2 Subject to paragraph 5.4 payment under paragraph 5.1 shall be made on the later of the date of demand by the Landlord and the date on which such insurance money (or the relevant part of it) would have been claimable under the Insurance Policies had they not been wholly or partly vitiated
5.3 In addition to any sum payable under paragraph 5.1 the Tenant shall pay interest at the Interest Rate on the relevant sum from the date 14 days from which that sum is due to the date of payment
5.4 The Tenant will if required by the Landlord in writing either make the payment due under paragraph 5.1 or provide security for that payment (in an amount and a form agreed with the Landlord who shall act reasonably in this respect) before the Landlord becomes obliged under paragraph 2.1 to seek all Necessary Consents for reinstatement or to begin reinstatement
Vitiation of Insurance. 6.1 If the insurance money under the Insurance Policy is wholly or partly irrecoverable by reason of any act neglect or default of the Tenant or any undertenant or any predecessor in title of either of them or any employee servant agent licensee or invitee of any of them or where the sum insured is inadequate as a result of a breach by the Tenant of paragraph 4.3 (e) then the Tenant will (before the Landlord becomes obliged under paragraph 3.1 to endeavour to obtain all Necessary Consents for reinstatement or to begin reinstatement) pay to the Landlord the irrecoverable amount or the amount of such shortfall as the case may be
6.2 In addition to any sum payable under paragraph 6.1 the Tenant shall pay interest at the Interest Rate on the relevant sum from the date on which that sum is due to the date of payment
Vitiation of Insurance. 4.1 If the insurance money under any of the Insurance Policies is wholly or partly irrecoverable by reason of any act neglect or default of the Tenant or any undertenant or any predecessor in title of either of them or any employee, servant, agent, xxxxxxx, licensee or invitee of any of them or where the sum insured is inadequate as a result of a breach by the Tenant of paragraph 2.3.6, then the Tenant will pay to the Landlord the irrecoverable amount or the amount of such shortfall as the case may be.
4.2 Subject to paragraph 4.4, payment under paragraph 4.1 shall be made on the later of the date of demand by the Landlord and the date on which such insurance money (or the relevant part of it) would have been claimable under the Insurance Policies had they not been wholly or partly vitiated.
4.3 In addition to any sum payable under paragraph 4.1 the Tenant shall pay interest at the Interest Rate on the relevant sum from the date on which that sum is due or if later the date of demand to the date of payment.
4.4 The Tenant will if required by the Landlord in writing make the payment due under paragraph 4.1 before the Landlord or the Superior Landlord become obliged to endeavour to obtain all Necessary Consents for reinstatement or to begin reinstatement.
Vitiation of Insurance a) Not to do or omit anything whereby any insurance in force in respect of the Premises, the Landlord’s Property or any adjacent or nearby premises against any risk may become void or voidable or whereby the rate of premium thereon may be increased and that the Tenant will at all times comply with all the requirements of the Insurers of the Premises and will indemnify the Landlord against all expense and loss arising from a breach of this obligation.
b) Not to effect or permit or suffer to be effected by any other person any insurance against any of the Insured Risks in respect of or relating to the Premises other than as specified or required pursuant to Clause 5.16.
c) That in the event of the Premises or any part thereof being destroyed or damaged by any of the Insured Risks and the insurance money under any insurance against the same effected thereon by the Landlord being wholly or partially irrecoverable by reason solely or in part of any act, neglect or default of the Tenant then and in every such case the Tenant will forthwith pay to the Landlord the whole of such irrecoverable insurance money.
Vitiation of Insurance. The CoT shall not be entitled to take the benefit of the indemnity pursuant to Clause 11.1 to the extent that the amount which it would otherwise be entitled to recover from the Private Party, is not recoverable by the Private Party under the Insurances because the Insurances have been vitiated, invalidated or any payment under the same is reduced or withheld, in any such case, by reason of any act, omission or default on the part of the CoT.
Vitiation of Insurance. 2.3.1 Not to do or fail to do anything whereby the Policy or Policies of insurance effected by the Lessors in respect of the demised premises for the time being subsisting may become void or voidable or whereby the rate of premium thereon may be increased and forthwith to pay on demand to the Lessors all sums payable by way of increased premiums and all expenses incurred by the Lessors in or about the renewal of such Policy or Policies rendered necessary by a breach of this covenant
Vitiation of Insurance. 4.1 If the insurance money under any of the Insurance Policies is wholly or partly irrecoverable by reason of any act neglect or default of the Tenant or any undertenant or any employee, servant, agent, licensee or invitee of any of them or where the sum insured is inadequate as a result of a breach by the Tenant of paragraph 2.3.6, then the Tenant will pay to the Landlord the irrecoverable amount or the amount of such shortfall as the case may be.
4.2 Payment under paragraph 4.1 shall be made on the later of the date of demand by the Landlord and the date on which such insurance money (or the relevant part of it) would have been claimable under the Insurance Policies had they not been wholly or partly vitiated.
4.3 In addition to any sum payable under paragraph 4.1 the Tenant shall pay interest at the Interest Rate on the relevant sum from the date on which that sum is due to the date of payment.
Vitiation of Insurance. Parties and joint and several obligations......................
