Insurance Cap definition

Insurance Cap has the meaning specified in Section 5.12(b).

Insurance Cap has the meaning set forth in Section 6(e)(ii) below.

Insurance Cap has the meaning specified in Section 7.7(e).

Examples of Insurance Cap in a sentence

• For the purposes of this Lease, the Insurance Cap Amount for any Policy Year shall be an amount equal to two and one-half (2-1/2) times the Annual Insurance Base Amount, as adjusted by any increases in the "CPI" (as defined in Lease Rider No. 1) from the date of this Lease to the date of the Policy Year in question.

• If at any time during the Lease Term during which Landlord is the Insuring Party, the annual premiums and related fees for the insurance carried by Landlord pursuant to Paragraph 8.1, above, exceeds the "Insurance Cap Amount" (as defined herein), Tenant shall not be required to pay any portion of such premiums and related fees exceeding the Insurance Cap Amount.

• Notwithstanding the foregoing sentence, tenant shall not be obligated to expend more than the amount set forth below, increased annually based on increases in the CPI, in any fiscal year on insurance premiums for Terrorism Insurance (the "Terrorism Insurance Cap").

• In the event that the annual premium for terrorism coverage in an amount equal to the full replacement cost of the Mortgaged Property exceeds the WeHo 7 Terrorism Insurance Cap, the Mortgagor will be required to maintain as much terrorism coverage as is available for a premium equal to the WeHo 7 Terrorism Insurance Cap.

• In the event the cost of obtaining such insurance exceeds the Insurance Cap, Landlord shall be required to pay the additional cost of such insurance without reimbursement from Tenant.

More Definitions of Insurance Cap

Insurance Cap has the meaning set forth in Section 7.10(d) . (ddd) “Knowledge” means, as to a party, the knowledge of an Officer of such party and Officers of such party’s subsidiaries, and includes a fact or other matter of which an individual is actually aware of or a prudent individual could be expected to discover or otherwise become aware of such fact or other matter in the course of conducting a reasonably comprehensive investigation concerning the existence of such fact or matter.

Insurance Cap means each relevant cap or maximum liability amount as determined in each Credit Insurance Contract.

Insurance Cap means £25,000,000;

Insurance Cap is defined in Section 6.11(b) of this Agreement.

Insurance Cap has the meaning given in Section 4.18(b).

Insurance Cap has the meaning set forth in Section 8.19(b).

Insurance Cap shall have the meaning specified in Section 10.4 of the Agreement.