All Risk property insurance on a full replacement cost basis insuring CLEC’s property situated on or within any CenturyLink Premises. CLEC may elect to insure business interruption and contingent business interruption, as it is agreed that CenturyLink has no liability for loss of profit or revenues should an interruption of service occur.
All Risk property insurance on a full replacement cost basis insuring CLEC’s property situated on or within the Property, naming Embarq as loss payee. CLEC may elect to insure business interruption and contingent business interruption, as it is agreed that Embarq has no liability for loss of profit or revenues should an interruption of service occur.
All Risk property insurance (and to the extent applicable, Builder's Risk Insurance) on the Improvements and all items of business personal property, including but not limited to signs, awnings, canopies, gazebos, fences and retaining walls, and all FAS, including without limitation, insurance against loss or damage from the perils under "All Risk" (Special) form, including but not limited to the following: fire, windstorm, sprinkler leakage, vandalism and malicious mischief, water damage, explosion of steam boilers, pressure vessels and other similar apparatus, and other hazards generally included under extended coverage, all in an amount equal to one hundred percent (100%) of the replacement value of the Improvements (excluding excavation and foundation costs), business personal property and FAS, without a co-insurance provision, and shall include an Agreed Value endorsement and a Law and Ordinance endorsement;
Examples of All Risk in a sentence
The All Risk Property insurance shall name Owner as additional insured in respect their respective rights and interests, name Owner as loss payee.
When Contractor undertakes any construction, including improvements, betterments, and/or repairs, the Contractor must provide All Risk Builders Risk Insurance at replacement cost for materials, supplies, equipment, machinery and fixtures that are or will be part of the project.
During the Rental Period and the Risk Period, Hirer shall, at its own expense, obtain and maintain Property All Risk insurance for an amount sufficient to cover its liabilities under the Agreement, which shall include the full replacement value of the Equipment.
More Definitions of All Risk
All Risk property insurance covering the ITFS Equipment and the common Equipment to the extent of one hundred percent (100%) of its full replacement value without deduction for depreciation: (ii) comprehensive general public liability insurance covering liability resulting from lessee's operation of the ITFS equipment on an occurrence basis having minimum limits of liability in an amount of not less than One Million Dollars ($1,000,000.00) for bodily injury, personal injury or death to any person or persons in any one occurrence, and not less than Two Million Dollars ($2,000,000.00) in the aggregate for all such losses during each policy year, and not less than Three Hundred Thousand Dollars ($300,000.00) with respect to damage to property; (ii) all workers compensation, automobile liability and similar insurance required by law.
All Risk property insurance on Tenant's personal property and fixtures and all Tenant's improvements to the premises. Tenant's property policies shall not provide for deductible amounts in excess of $1,000 without the prior written consent of Landlord. At the request of Landlord, the liability insurance shall include products liability coverage. All such insurance shall insure performance by Tenant of the indemnity and hold harmless provisions of Paragraph 10 hereof. Landlord shall be named as an additional insured with Tenant on such liability policy, and such policy shall include cross-liability endorsements. Tenant's liability policy of insurance shall be primary and noncontributory to any insurance carried by Landlord. At the commencement of the lease term, and annually on renewal of such insurance, Tenant shall deliver to Landlord an original certificate of such insurance from the insurer, which certificate shall show the coverages required by this lease (including, without limitation, that Tenant's insurance is primary and noncontributory with respect to any insurance of Landlord), that Landlord shall be an additional insured, and shall provide that such policy shall not be cancelled or modified without thirty (30) days prior written notice by the insurer to Landlord. If Tenant fails to obtain such insurance or to furnish such certificate as required in this lease, Landlord may, but shall not be obligated to, obtain such insurance at the expense of Tenant, and Tenant shall promptly pay such expense to Landlord. Landlord may, without diminishing or affecting in any way Tenant's obligations to maintain insurance as herein provided, maintain any insurance coverage on the building, the Project, or the premises deemed appropriate by Landlord in its sole discretion, including without limitation lessor's risk or comprehensive general liability insurance, worker's compensation insurance, extended coverage, fire or casualty insurance, with replacement cost riders, flood or earthquake insurance, rental or business interruption insurance, and such insurance may provide for such deductible amounts in amounts deemed appropriate by Landlord. Except as otherwise expressly provided herein or required by law, Landlord shall have no obligation to maintain such insurance. Notwithstanding any contribution by Tenant to Landlord for insurance premiums as part of the operating expenses as may be required in this lease, no insurable interest is conferred upon Tenant under any polici...
All Risk property insurance, including insurance against loss or damage by fire, vandalism and malicious mischief, earthquake, explosion of steam boilers, pressure vessels or other similar apparatus, now or hereafter installed in the Hotel located at the Leased Property, with the usual extended coverage endorsements, in an amount equal to one hundred percent (100%) of the then full Replacement Cost thereof (as defined in Section 9.2);
All Risk. Property, valued at replacement cost, covering loss or damage to the Facility and Rhythm’s property and materials in the care, custody, and control of Manufacturer; and
All Risk builder's risk insurance covering the Tenant Improvements to the full insurable value thereof. This insurance shall include the interests of Landlord and Tenant (and their respective contractors and subcontractors to the extent of any insurable interest therein) in the Tenant Improvements and shall insure against the perils of fire and extended coverage and shall include "all-risk" builder's risk insurance for physical loss or damage including, without duplication of coverage, theft vandalism and malicious mischief. -Any loss insured under said "all-risk" builder's risk insurance is to be adjusted with Landlord and tenant and made payable to Landlord, as trustee for the insureds, as their interests may appear. All policies (except the worker's compensation policy) shall be endorsed to include Landlord as an additional insured. The waiver of subrogation provisions contained in the Lease shall apply to all insurance policies (except the workmen's compensation policy) to be obtained by Tenant pursuant to this paragraph. The insurance policy endorsements shall also provide that all additional insured parties shall be given thirty (30) days' prior written notice of any reduction, cancellation or non-renewal of coverage (except that ten (10) days' notice shall be sufficient in the case of cancellation for non-payment of premium) and shall provide that the insurance coverage afforded to the additional insured parties thereunder shall be primary to any insurance carried independently by said additional insured parties. Additionally, where applicable each policy shall contain a cross-liability and severability of interest clause.
All Risk property insurance against fire, theft, vandalism, malicious mischief, sprinkler, leakage and such additional perils as are now, or hereafter may be, included in a standard extended coverage endorsement from time to time in general use in the State of New Jersey upon property of every description and kind owned by Lessee or under Lessee's care, custody or control and located in the Building, Complex or Parcel or for which Lessee is legally liable or installed by or on behalf of Lessee, including by way of example and not by way of limitation, furniture, fixtures, fittings, installations and any other personal property in an amount equal to the full replacement cost thereof.
All Risk property insurance (including broad form flood, broad form earthquake and comprehensive boiler and machinery coverages) on the Mortgaged Property and the Personal Property in an amount not less than one hundred percent (100%) of the full replacement cost of any Improvements and Personal Property, with deductibles not to exceed $100,000 for any one occurrence, with a replacement cost coverage endorsement, an agreed amount endorsement, and, if requested by the Mortgagee, a contingent liability from operation of building laws endorsement, a demolition cost endorsement and an increased cost of construction endorsement in such amounts as the Mortgagee may require. Full replacement cost as used herein means the cost of replacing the Improvements (exclusive of the cost of excavations, foundations and footings below the lowest basement floor) and the Personal Property without deduction for physical depreciation thereof;