Common use of Fire and Extended Coverage Clause in Contracts

Fire and Extended Coverage. LICENSOR agrees to insure and keep insured each Store, including the Licensed Premises, including OPERATOR’s Gaming Devices, Incidental Equipment, and all other personal property that is maintained within any of the Leased Premises as part of its gaming operations, against loss or damage by fire, theft, vandalism, or other hazards normally covered by standard fire and extended coverage policies for not less than 100% of their replacement value.

Fire and Extended Coverage. LICENSOR agrees to insure and keep insured each Store, including the Licensed Premises, including OPERATOR’s Gaming Devices, Incidental Equipment, gaming devices and all other personal property that is maintained within any of the Leased Premises as part of its gaming operations, against loss or damage by fire, theft, vandalism, fire or other hazards normally covered by standard fire and extended coverage policies for not less than 100% of their replacement value.