Common use of Fire and Extended Coverage Insurance Clause in Contracts

Fire and Extended Coverage Insurance. Lessee shall, at its expense, procure and keep in force at all times during the term of this Agreement with a company suitable to Lessor, insurance on the improvements on the Leased Premises against loss and damage by fire, aircraft and extended coverage perils. Such policy shall be in an amount of not less than one hundred percent (100%) of the replacement cost of improvements, with satisfactory evidence of such coverage furnished to Lessor.

Fire and Extended Coverage Insurance. Lessee shall, at its expense, procure and keep in force at all times during the term of this Agreement with a company suitable to LessorCounty, insurance on the improvements on the Leased Premises against loss and damage damages by fire, aircraft and extended coverage perils. Such policy shall be in an amount of not less than one hundred percent (100%) of the replacement cost of the improvements, with satisfactory evidence of such coverage furnished to LessorCounty.