Common use of All Risk Insurance Clause in Contracts

All Risk Insurance. During the course of the construction of the Premises Improvements by Landlord described in Exhibit C, Landlord shall maintain full replacement cost "builder's risk" casualty insurance (excluding earthquake and flood) for the Premises Improvements, the cost of which shall be a Premises Construction Cost, as defined in Section 5B of Exhibit C. After the Commencement Date Tenant shall obtain and maintain an "all-risk" policy of casualty insurance (excluding earthquake and flood) on the Building and all other improvements constituting the Premises, which insurance may be carried under a blanket insurance policy. Such insurance shall be for the mutual benefit of Landlord and Tenant (and any insitututional mortgagee as defined in Article 19 hereof), as named insureds as their interests may appear. The amount of such insurance shall not be less than the full replacement cost of the Building and the other insured improvements. Certificates evidencing all such insurance shall be delivered to Landlord upon Landlord's written request. All insurance required by this Section (i) shall be primary insurance without a right of contribution from any other insurance, (ii) shall be in a form reasonably satisfactory to Landlord, (iii) shall be carried with companies reasonably acceptable to Landlord (iv) shall provide that such policy shall not be subject to cancellation or change except after at least thirty (30) days prior written notice to Landlord, and (v) shall not have a "deductible" in excess of that which is commercially reasonable and has been approved by Landlord. Tenant shall pay, at the time such premiums become due, the premiums for the "all risk" casualty insurance carried by it pursuant to this Section

All Risk Insurance. During At all times during the course of the construction of the Premises Improvements by Landlord described in Exhibit CLease Term, Landlord Tenant, at ------------------ its expense, shall maintain in effect policies of "All Risk" (Special Causes of Loss) (without coverage for earthquake damage except for sprinkler leakage) insurance covering: (a) for their full replacement cost new (subject to reasonable deductibles), the tenant improvements, including Alterations, wholly contained within the Premises which are not part of (i) the Base Building, Building Systems, Shell and Core (defined in the Work Letter), or (ii) Landlord's Work (defined in the Work Letter) (such improvements and Alterations being referred to herein as the "builderTenant Responsible Improvements"); and (b) for their full replacement cost (subject to reasonable deductibles) all of Tenant's risk" casualty Property and other tangible personalty from time to time in, on or about the Premises (without deduction for depreciation) (subject to reasonable deductibles) from time to time during the Term of this Lease. Such policies shall provide for protection against any perils normally included within the classification of "All Risk", and shall contain endorsements, covering: demolition and increased cost of construction; water damage, vandalism and malicious mischief, but shall not be required to cover earthquake damage. The proceeds of such insurance (excluding earthquake and floodfor tenant improvements) shall be used for the Premises Improvementsrepair or replacement of the property so insured, except that upon termination of this Lease following a casualty as set forth herein, the cost of which shall be a Premises Construction Cost, as defined in Section 5B of Exhibit C. After the Commencement Date Tenant shall obtain and maintain an "all-risk" policy of casualty insurance (excluding earthquake and flood) on the Building and all other improvements constituting the Premises, which insurance may be carried under a blanket insurance policy. Such insurance shall be for the mutual benefit of Landlord and Tenant (and any insitututional mortgagee as defined in Article 19 hereof), as named insureds as their interests may appear. The amount proceeds of such insurance shall not be less than the full replacement cost paid as follows: first to Landlord in an amount equal to forty dollars ($40.00) per rentable square foot of the Building North Tower Premises and Forty-Five dollars ($45.00) per rentable square foot of the other insured improvements. Certificates evidencing all South Tower Premises (and in the case of a partial termination, such insurance amount shall be delivered based on the square footage of the applicable area of Premises terminated); and second, to Landlord upon Landlord's written request. All insurance required by this Section (i) shall be primary insurance without a right of contribution from any other insurance, (ii) shall be in a form reasonably satisfactory to Landlord, (iii) shall be carried with companies reasonably acceptable to Landlord (iv) shall provide that such policy shall not be subject to cancellation or change except after at least thirty (30) days prior written notice to Landlord, and (v) shall not have a "deductible" in excess of that which is commercially reasonable and has been approved by Landlord. Tenant shall pay, at the time such premiums become dueextent there are remaining proceeds, the premiums for the "all risk" casualty insurance carried by it pursuant remaining proceeds to this SectionTenant.

All Risk Insurance. During At all times during the course of the construction of the Premises Improvements by Landlord described in Exhibit CLease Term, Landlord Tenant, at its expense, shall maintain in effect policies of “All Risk” (Special Causes of Loss) (without coverage for earthquake damage except for sprinkler leakage) insurance covering: (a) for their full replacement cost "builder's risk" casualty new (subject to reasonable deductibles), the tenant improvements, including Alterations, wholly contained within the Premises which are not part of (i) the Base Building, Building Systems, Shell and Core (defined in the Work Letter), or (ii) Landlord’s Work (defined in the Work Letter) (such improvements and Alterations being referred to herein as the “Tenant Responsible Improvements”); and (b) for their full replacement cost (subject to reasonable deductibles) all of Tenant’s Property and other tangible personalty from time to time in, on or about the Premises (without deduction for depreciation) (subject to reasonable deductibles) from time to time during the Term of this Lease. Such policies shall provide for protection against any perils normally included within the classification of “All Risk”, and shall contain endorsements, covering: demolition and increased cost of construction; water damage, vandalism and malicious mischief, but shall not be required to cover earthquake damage. The proceeds of such insurance (excluding earthquake and floodfor tenant improvements) shall be used for the Premises Improvementsrepair or replacement of the property so insured, except that upon termination of this Lease following a casualty as set forth herein, the cost of which shall be a Premises Construction Cost, as defined in Section 5B of Exhibit C. After the Commencement Date Tenant shall obtain and maintain an "all-risk" policy of casualty insurance (excluding earthquake and flood) on the Building and all other improvements constituting the Premises, which insurance may be carried under a blanket insurance policy. Such insurance shall be for the mutual benefit of Landlord and Tenant (and any insitututional mortgagee as defined in Article 19 hereof), as named insureds as their interests may appear. The amount proceeds of such insurance shall not be less than the full replacement cost paid as follows: first to Landlord in an amount equal to forty dollars ($40.00) per rentable square foot of the Building North Tower Premises and Forty-Five dollars ($45.00) per rentable square foot of the other insured improvements. Certificates evidencing all South Tower Premises (and in the case of a partial termination, such insurance amount shall be delivered based on the square footage of the applicable area of Premises terminated); and second, to Landlord upon Landlord's written request. All insurance required by this Section (i) shall be primary insurance without a right of contribution from any other insurance, (ii) shall be in a form reasonably satisfactory to Landlord, (iii) shall be carried with companies reasonably acceptable to Landlord (iv) shall provide that such policy shall not be subject to cancellation or change except after at least thirty (30) days prior written notice to Landlord, and (v) shall not have a "deductible" in excess of that which is commercially reasonable and has been approved by Landlord. Tenant shall pay, at the time such premiums become dueextent there are remaining proceeds, the premiums for the "all risk" casualty insurance carried by it pursuant remaining proceeds to this SectionTenant.