Acceptable Insurance. All of the insurance required under this Lease and all renewals thereof shall be issued by companies admitted or approved to do business in the state of California, with a financial rating of at least A-VIII, as rated by the A.M. Best Key Rating Guide.
Appears in 3 contracts
Sources: Residential Master Lease, Residential Master Lease, Historic Property Lease (Pebblebrook Hotel Trust)
Acceptable Insurance. All of the insurance required under this Lease and all renewals any reinstatement thereof pursuant to Section 28.11 below shall be issued by companies admitted or approved to do business in the state of California, with a financial rating of at least A-VIII, as rated by the A.M. Best Key Rating Guide. In addition, the carrier(s) providing all property insurance required pursuant to this Lease shall have a demonstrated record of insuring historic properties.
Appears in 1 contract
Sources: Lease Agreement