Common use of Fire and Extended Coverage Insurance Clause in Contracts

Fire and Extended Coverage Insurance. Landlord shall be obligated to insure the Leased Premises to its full insurable replacement value including Landlord's loss of rent, against the perils covered by standard fire and extended coverage policies, and Tenant shall be responsible for payment of premiums for same as provided in Paragraph 8 hereof. In the event that it shall be impossible to obtain fire, and extended coverage insurance on the buildings and improvements on the Leased Premises in an amount, in the form and with fire insurance companies reasonably acceptable to Landlord, because of any reason due to or connected with the occupancy of Tenant, the Landlord may at its option, at any time thereafter, terminate this Lease and the term thereof by giving the Tenant ten (10) days notice in writing of its intention to do so, provided, however, that this Lease shall not terminate if Tenant shall procure the insurance required hereunder prior to the expiration of the 10-day notice period set out above. Landlord represents that all Tenants have a similar clause in their Lease Agreement.

Fire and Extended Coverage Insurance. Landlord shall be obligated to insure the Leased Premises premises to its full insurable replacement value including Landlord's loss of rent, against the perils covered by standard fire and extended coverage policies, and Tenant shall be responsible for payment of premiums for same as provided in Paragraph 8 38 hereof. In the event that it shall be impossible to obtain fire, fire and extended coverage insurance on the buildings and improvements on the Leased Premises demised premises in an amount, in the form and with fire insurance companies reasonably acceptable to Landlord, because of any reason due to or connected with the occupancy of the Tenant, the Landlord may at its option, at any time thereafter, terminate this Lease and the term thereof by giving the Tenant ten (10) days notice in writing of its intention to do so, provided, however, that this Lease shall not terminate if Tenant shall procure the insurance required hereunder prior to the expiration of the 10-day notice period set out above. Landlord represents that all Tenants have a similar clause in their Lease Agreement.

Fire and Extended Coverage Insurance. Landlord shall be obligated to insure the Leased Premises premises to its full insurable replacement value including Landlord's loss of rent, against the perils covered by standard fire and extended coverage policies, and Tenant shall be responsible for payment of premiums for same as provided in Paragraph 8 38 hereof. In the event that it shall be impossible to obtain fire, fire and extended coverage insurance on the buildings and improvements on the Leased Premises demised premises in an amount, in the form and with fire insurance companies reasonably acceptable to Landlord, because of any reason due to or connected with the occupancy of the Tenant, the Landlord may at its option, at any time thereafter, terminate this Lease and the term thereof by giving the Tenant ten (10) days notice in writing of its intention to do so, provided, however, that this Lease shall not terminate if Tenant shall procure the insurance required hereunder prior to the expiration of the 10-day notice period set out above. For the purpose of determining replacement value, the Landlord represents that all Tenants have may determine same by setting forth its determination in a similar clause in their Lease AgreementCertification of Replacement Value which shall then constitute the minimum replacement value referred to herein.

Fire and Extended Coverage Insurance. Landlord shall be obligated to insure the Leased Premises premises to its full insurable replacement value including Landlord's loss of rent, against the perils covered by standard fire and extended coverage policies, and Tenant shall be responsible for payment of premiums for same as provided in Paragraph 8 39 hereof. In the event that it shall be impossible to obtain fire, fire and extended coverage insurance on the buildings and improvements on the Leased Premises demised premises in an amount, in the form and with fire insurance companies reasonably acceptable to Landlord, because of any reason due to or connected with the occupancy of Tenant, the Landlord may at its option, at any time thereafter, terminate this Lease and the term thereof by giving the Tenant ten (10) days notice in writing of its intention to do so, provided, however, that this Lease shall not terminate if Tenant shall procure the insurance required hereunder prior to the expiration of the 10-day notice period set out above. For the purpose of determining value, the Landlord represents that all Tenants have may determine same by setting forth its determination in a similar clause in their Lease AgreementCertification of Replacement Value which shall then constitute the minimum replacement value referred to herein.

Fire and Extended Coverage Insurance. Landlord shall be obligated to insure the Leased Premises premises to its full insurable replacement value including Landlord's loss of rent, against the perils covered by standard fire and extended coverage policies, policies and Tenant shall be responsible for payment of premiums premises for same as provided in Paragraph 8 39 hereof. In the event that it shall be impossible to obtain fire, fire and extended coverage insurance on the buildings and improvements on the Leased Premises demised premises in an amount, in the form and with fire insurance companies reasonably acceptable to Landlord, because of any reason due to or connected with the occupancy of Tenant, the Landlord may at its option, at any time thereafter, terminate this Lease and the term thereof by giving the Tenant ten then (10) days notice in writing of its intention to do so, provided, however, that this Lease shall not terminate if Tenant shall procure the insurance required hereunder prior to the expiration of the 10-day notice period set out above. For the purpose of determining value, the Landlord represents that all Tenants have may determine same by setting forth its, determination in a similar clause in their Lease AgreementCertification of Replacement Value which shall then constitute the minimum replacement value referred to herein.