Common use of Insurance to be Carried Clause in Contracts

Insurance to be Carried. (a) Manager shall obtain and keep in full force and effect insurance on the Properties against such hazards as Owner and Manager shall deem appropriate, but in any event insurance sufficient to comply with the Leases and Ownership Agreements shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.

Appears in 38 contracts

Samples: Registration Rights Agreement (Behringer Harvard Reit I Inc), Management and Leasing Agreement (Behringer Harvard Opportunity REIT I, Inc.), Property Management and Leasing Agreement (Cole Retail Income Trust, Inc.)

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Insurance to be Carried. (a) The Manager shall obtain and keep in full force and effect insurance on the Properties against such hazards as the Owner and the Manager shall deem appropriate, but in any event event, insurance sufficient to comply with the Leases leases and the Ownership Agreements shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both the Owner and the Manager and shall contain waivers of subrogation for the benefit of the Manager.

Appears in 35 contracts

Samples: Management and Leasing Agreement (American Realty Capital New York City REIT, Inc.), Management and Leasing Agreement (American Realty Capital New York City REIT II, Inc.), Management Agreement (Independence Realty Trust, Inc)

Insurance to be Carried. (ai) Manager shall obtain and keep in full force and effect insurance on the Properties Project against such hazards as Owner and Manager shall deem appropriate, but in any event insurance sufficient to comply with the Leases leases and Ownership other agreements with respect to the Project and the Controlling Agreements shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.

Appears in 7 contracts

Samples: Management Agreement (Behringer Harvard Multifamily Reit I Inc), Management Agreement (Behringer Harvard Multifamily Reit I Inc), Property Management Agreement (Behringer Harvard Multifamily Reit I Inc)

Insurance to be Carried. (a) Manager shall obtain and keep in full force and effect insurance on the Properties against such hazards as Owner and Manager shall deem appropriate, but in any event insurance sufficient to comply with the Leases and the Ownership Agreements shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.

Appears in 7 contracts

Samples: And Asset Management Agreement (Wells Real Estate Fund Xiv Lp), And Asset Management Agreement (Wells Real Estate Investment Trust Iii Inc), And Asset Management Agreement (Wells Real Estate Investment Trust Ii Inc)

Insurance to be Carried. (a) Manager shall obtain and keep in full force and effect insurance on the Properties against such hazards as Owner and Manager shall deem appropriate, but in any event insurance sufficient to comply with the Leases leases and the Ownership Agreements shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.

Appears in 6 contracts

Samples: Management Agreement (Lightstone Value Plus Real Estate Investment Trust Ii Inc), Management Agreement (Lightstone Value Plus Real Estate Investment Trust Ii Inc), Management Agreement (Lightstone Value Plus Real Estate Investment Trust Ii Inc)

Insurance to be Carried. (a) The Manager shall obtain and keep in full force and effect insurance on the Properties Property against such hazards as the Owner and the Manager shall deem appropriate, but in any event event, insurance sufficient to comply with the Leases leases and the Ownership Agreements shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both the Owner and the Manager and shall contain waivers of subrogation for the benefit of the Manager.

Appears in 4 contracts

Samples: Management and Leasing Agreement (American Finance Trust, Inc), Management and Leasing Agreement (American Finance Trust, Inc), Property Management and Leasing Agreement (Healthcare Trust, Inc.)

Insurance to be Carried. (ac) Manager shall obtain and keep in full force and effect insurance on the Properties against such hazards as Owner and Manager shall deem appropriate, but in any event insurance sufficient to comply with the Leases leases and the Ownership Agreements shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.

Appears in 4 contracts

Samples: Management Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Management Agreement (American Realty Capital Trust, Inc.), Management Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)

Insurance to be Carried. (a) Manager shall obtain and keep in full force and effect insurance on the Properties against such hazards as Owner and Manager shall deem appropriate, but in any event insurance sufficient to comply with the Leases and Ownership Controlling Agreements shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.

Appears in 4 contracts

Samples: Management Agreement (Behringer Harvard Opportunity REIT II, Inc.), Management Agreement (Behringer Harvard Opportunity REIT II, Inc.), Property Management and Leasing Agreement (Behringer Harvard Opportunity REIT II, Inc.)

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Insurance to be Carried. (a) Manager shall obtain and keep in full force and effect insurance on the Properties against such any hazards as Owner and Manager shall deem appropriate, but in any event insurance sufficient to comply with the Leases and Ownership Controlling Agreements shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.

Appears in 4 contracts

Samples: Management and Leasing Agreement (Behringer Harvard REIT II, Inc.), Management and Leasing Agreement (Behringer Harvard REIT II, Inc.), Management and Leasing Agreement (Behringer Harvard REIT II, Inc.)

Insurance to be Carried. (a) Manager shall obtain and keep in full force and effect insurance on the Properties against such hazards as Owner and Manager shall deem appropriate, but in any event insurance sufficient to comply with the Leases and Ownership Agreements shall be maintained. All liability policies that shall provide sufficient insurance satisfactory to both Owner and Manager consistent with past practice and shall contain waivers of subrogation for the benefit of ManagerOwner.

Appears in 3 contracts

Samples: Management Agreement (Postal Realty Trust, Inc.), Property Management Agreement (Behringer Harvard Reit I Inc), Registration Rights Agreement (Behringer Harvard Reit I Inc)

Insurance to be Carried. (a) Manager shall obtain and keep in full force and effect insurance on the Properties Property against such hazards as Owner and Manager shall deem appropriate, but in any event insurance sufficient to comply with the Leases and Leases, the Ownership Agreements and applicable Loan Documents shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Carter Validus Mission Critical REIT, Inc.)

Insurance to be Carried. (a) Manager shall obtain and keep in full force and effect insurance on the Properties against such hazards as Owner and Manager shall deem appropriate, but in any event insurance sufficient to comply with the Leases leases and Ownership Agreements shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.

Appears in 1 contract

Samples: Management and Leasing Agreement (Behringer Harvard Real Estate Investment Trust I Inc)

Insurance to be Carried. (ai) Manager or Owner, as agreed upon, shall obtain and keep in full force and effect insurance on the Properties Project against such hazards as Owner and Manager shall deem appropriate, but in any event insurance sufficient to comply with the Leases leases and Ownership other agreements with respect to the Project and the Controlling Agreements shall be maintained. All liability policies shall provide sufficient insurance satisfactory to both Owner and Manager and shall contain waivers of subrogation for the benefit of Manager.

Appears in 1 contract

Samples: Property Management Agreement (Adaptive Real Estate Income Trust, Inc.)

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