Risks Property Insurance definition

Risks Property Insurance. All Risks (including sewer damage, flood and earthquake) property insurance in an amount equal to the full replacement cost of property of every description and kind owned by the Tenant or for which the Tenant is legally responsible, and which is located on or about the Demised Premises, including, without limitation, anything in the nature of a leasehold improvement.
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Examples of Risks Property Insurance in a sentence

  • During the Term, Lessee shall maintain (or cause to be maintained) at no expense to Lessor the following insurance with respect to the Allocated Parts with insurers of recognized responsibility satisfactory to Lessor: (A) All Risks Property Insurance and (B) coverage against the perils of (i) strikes, riots, civil commotions or labor disturbances or (ii) vandalism, malicious acts or acts of sabotage.

  • Such All Risks Property Insurance shall be endorsed to waive all rights of subrogation against the City.

  • Many observers have called for the characterization and regulation of metal emissions, based on anticipated environmental effects.

  • To the extent permitted by law, Tenant waives any claims it may have against Landlord or its officers, directors, employees or agents for business interruption or damage to property sustained by Tenant as the result of any act or omission of Landlord, to the extent typically covered under policies of "All Risks" Property Insurance.

  • APPENDIX 13:CONTRACTOR INSURANCE REQUIREMENTS In addition to Clause H900, Article 7, and the terms of this Appendix, the following apply: 1.1 "All Risks" (Property) Insurance 1.1.1 The policy(ies) for "All Risks" insurance (“Property Insurance”) shall insure THECONTRACTOR with loss, if any, payable to the insured, as its interests may appear and shall include Buyer as a loss payee as its interests may appear.

  • IBM will require any fire and General Liability insurance carrier covering the Premises to waive any right of subrogation against Contractor and Contractor's suppliers arising out of the performance of the work under this Agreement to the extent of any fire insurance or Commercial General Liability insurance proceeds paid thereunder except for the applicable deductibles under IBM's All Risks Property Insurance policies which will remain the responsibility of IBM.

  • Such All Risks Property Insurance shall be endorsed to waive all rights of subrogation against the Regional District.

  • The City shall maintain in full force and effect at all times during the Term of this Lease All Risks Property Insurance for the Building, including earthquake and flood, on a replacement cost basis.

  • The basis of the Property Insurance shall be Replacement Cost and the coverage an "All Risks" Property Insurance Policy.

  • The Group has procured insurance cover for certain major risks facing its operations at its marine parks as well as Prospect Plantation, as follows:• Employer's Liability Insurance, Commercial All Risks Property Insurance (Fire and Allied Perils, Electronic Equipment), Cash in Transit, and Motor Vehicles and Directors and Officers’ Liability Insurance.

Related to Risks Property Insurance

  • Property Insurance is defined in Section 6.10(a).

  • Casualty insurance means liability insurance.

  • Credit property insurance means insurance:

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Blanket insurance policy means a group policy covering a defined class of

  • First party insurance means an insurance policy or contract in which the insurer

  • Asset Coverage means asset coverage, as determined in accordance with Section 18(h) of the 1940 Act, of at least 200% with respect to all outstanding senior securities of the Trust which are stock, including all Outstanding Series B Preferred Shares (or such other asset coverage as may in the future be specified in or under the 1940 Act as the minimum asset coverage for senior securities which are stock of a closed-end investment company as a condition of declaring dividends on its common stock), determined on the basis of values calculated as of a time within 48 hours (not including Saturdays, Sundays or holidays) next preceding the time of such determination.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Coverage Area means the area described in the Website for which Nearmap has available Products, which may cover part or all of that area and which may cover part (but not all) of the area covered by the Survey.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Hazard Insurance A fire and casualty extended coverage insurance policy insuring against loss or damage from fire and other perils covered within the scope of standard extended hazard coverage naming the Servicer, its successors and assigns, as a mortgagee under a standard mortgagee clause, together with all riders and endorsements thereto.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Primary insurance means the policies listed in this policy’s Umbrella Schedule.