ISO Special Form definition

ISO Special Form. Property Insurance, including but not limited to, coverage for: (A) All office furniture, trade fixtures, office equipment, merchandise, and all other items of Tenant's property in, on, at, or about the Premises and the Building, including property installed by, for, or at the expense of Tenant (excluding Tenant Finish Work); (B) Except for Tenant Finish Work, all other improvements, betterments, alterations, and additions to the Premises. Tenant's Property Insurance must also fulfill the following requirements:
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ISO Special Form. Property Insurance (the PROPERTY INSURANCE), including but not limited to, coverage for all office furniture, trade fixtures, office equipment, merchandise, and all other items of Tenant's property in, on, at, or about the Leased Premises and the Building, including property installed by, for, or at the expense of Tenant; and Tenant's Property Insurance must also fulfill the following requirements: (A) It must be written on the equivalent of an ISO "Special Form" Property Insurance Form or an equivalent form acceptable to Landlord; (B) It must include an agreed amount endorsement for not less than one-hundred percent (100%) of the full replacement cost (new without deduction for depreciation) of the covered items and property; and (C) It must have a deductible no greater than $50,000 for each loss. It is the parties' intent that Tenant structure its Property Insurance program so that no coinsurance penalty is imposed and there are no valuation disputes with any insurer or with Landlord. The Property Insurance coverage must include vandalism and malicious mischief coverage.
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ISO Special Form. Property Insurance, including but not limited to, coverage for: (A) All office furniture, trade fixtures, office equipment, merchandise, and all other items of Tenant's property in, on, at, or about the Leased Premises and the Building, including property installed by, for, or at the expense of Tenant; (B) Tenant Improvements; and (C) Except for Standard Improvements, all other improvements, betterments, alterations, and additions to the Leased Premises. Tenant's Property Insurance must also fulfill the following requirements: (AA) It must be written on the equivalent of an ISO "Special Form" Property Insurance Form or an equivalent form acceptable to Landlord;
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Examples of ISO Special Form in a sentence

  • Each party shall keep its personal property and trade fixtures in the Premises and Building insured with the equivalent of ISO Special Form Property Insurance in the amount of the full replacement cost of the property and fixtures.

  • Landlord shall keep the Building, including the improvements, insured against damage and destruction by perils insured by the equivalent of ISO Special Form Property Insurance in the amount of the full replacement value of the Building.

  • Tenant shall also carry the equivalent of ISO Special Form Property Insurance on its personal property and fixtures located in the Premises and any improvements made by Tenant for their full replacement value and with coinsurance waived, and Tenant shall neither have, nor make, any claim against Landlord for any loss or damage to the same, regardless of the cause thereof.

  • Tenant shall also carry the equivalent of ISO Special Form Property Insurance on Tenant’s Property for full replacement value and with coinsurance waived.

  • Landlord shall keep the Building, including the improvements (but excluding Tenant’s Property), insured against damage and destruction by perils insured by the equivalent of ISO Special Form Property Insurance in the amount of the full replacement value of the Building.

  • Tenant, at its own cost and expense, shall also carry the equivalent of ISO Special Form Property Insurance on Tenant’s Property for full replacement value and with coinsurance waived.

  • Landlord shall keep the Building, including the improvements (but excluding Tenant’s Property), insured against damage and destruction by perils insured by the equivalent of ISO Special Form Property Insurance for full replacement value.

  • Property insurance on the Building in an amount not less than the full insurable replacement cost of the Building insuring against loss or damage by such risks as are covered by the current ISO Special Form policy.

  • Property insurance on the Building in an amount not less than the full insurable replacement cost of the Building insuring against loss or damage by fire and such other risks as are covered by the current ISO Special Form policy.

  • Tenant shall also carry the equivalent of ISO Special Form Property Insurance on Tenant's Property for full replacement value and with coinsurance waived.