Insured Risks. 2.2.2 three years' loss of rent insurance;
Insured Risks. If, during the Lease Term, the Leased Premises are totally or partially destroyed from a risk covered by insurance, Landlord shall forthwith repair the Leased Premises to substantially the same condition they were in immediately prior to the destruction provided (a) such repairs can, in Landlord’s opinion, be completed within ninety (90) days under then applicable laws and regulations, (b) proceeds received under such insurance are available to pay ninety percent (90%) or more of the cost of restoration, and (c) Tenant performs its obligations pursuant to Section 17.03 hereof. Within thirty (30) days of any damage affecting the Leased Premises, Landlord will give Tenant notice indicating whether the foregoing requirements (a) and (b) can, in the Landlord’s reasonable opinion, be satisfied. Such destruction shall not annul or void this Lease. During the period of any such repairs the Lease Monthly Rent shall be proportionately reduced to the extent Tenant’s use of the Leased Premises is impaired, commencing with the date of damage and continuing until completion of the repairs required of Landlord. If such repairs cannot be made in ninety (90) days or if Landlord fails to provide the notice required under this Section 17.02, Tenant may terminate this Lease by written notice to Landlord. Tenant must exercise this termination option, if at all, within thirty (30) days of the date of destruction. If the damage is due to the neglect of Tenant, its employees, agents, invitees or permittees, there shall be no abatement of Lease Monthly Rent. In the event that Landlord does not so elect to make such repairs which cannot be made in ninety (90) days, or such repairs cannot be made under such then existing laws or regulations, this Lease shall terminate. In the event that the Leased Premises are destroyed to the extent of thirty-three percent (33%) or more of the replacement cost thereof or during the last year of the Term, Landlord may elect to terminate this Lease.
Insured Risks. If following damage or destruction to the Cinema which renders the Property incapable of use and occupation or inaccessible for the purposes permitted under this Lease and if for any reason beyond the control of the Landlord it proves impossible to complete the rebuilding or reinstatement (as the case may be) of the Cinema so as to render the Property fit for use and occupation and accessible again within three years of the occurrence of damage or destruction by an Insured Risk then either party may terminate this Lease by giving notice to that effect at any time after that period of three years to the other.
Insured Risks. ‘Insured Risks’ means the risks and other contingencies against which the Premises (and the Building) are required to be, or which may from time to time be, insured under this Licence, but subject to any exclusions limitations and conditions in the policy of insurance. Insured Risks include, without limitation, fire, lightning, explosion, xxxxx, xxxxxxx, flood, bursting and overflowing of water tanks apparatus or pipes, earthquake, aircraft (but not hostile aircraft) and other aerial devices dropped from aircraft, riot and civil commotion, malicious damage and such other risks as the Licensor may consider it prudent to insure. If a risk or contingency itemised, or otherwise included, as an Insured Risk, can no longer be insured or can only be insured at an uneconomic rate, the risk or contingency shall cease to be treated as an Insured Risk from the time that cover is withdrawn and the Licensor has notified the Licensee of its withdrawal.
Insured Risks. If during the term of this Lease the Premises are damaged, destroyed by fire, or by any other risk required to be insured by Landlord under Landlord's Property Insurance, Landlord, shall forthwith proceed to repair or rebuild the same, including any additions or improvements made by Landlord or Tenant, on the same plans and design that existed immediately before such damage or destruction occurred. Materials used in repair and rebuilding shall be as nearly like original materials as may then may reasonably procured through regular channels of supply.
Insured Risks. Throughout the Lease Term the Tenant will, at the Tenant's expense, maintain: (a) insurance against loss or damage to the Building and the Improvements by fire, lightening, windstorm, hail, explosion, riot, aircraft, vehicles, smoke and other risks commonly included in extended coverage policies written in an amount not less than one hundred percent (100%) of the full insurable value of the Building and the Improvements (any insurance policy maintained by the Tenant will exclude any coinsurance provision obligation); (b) public liability and property damage insurance applicable to the Premises in an amount reasonably satisfactory to the Landlord; (c) appropriate workmen's compensation insurance; and (d) all other forms of insurance imposed by Legal Requirements. 11.3
Insured Risks subject to clause 6.3, fire, lightning, explosion, aircraft (including articles dropped from aircraft in peace time), riot, civil commotion, malicious persons, earthquakes, heave, subsidence, sxxxx, xxxxxxx, flood, bursting and overflowing of water pipes, tanks and other apparatus, impact by road vehicles terrorism and such other risks as the Landlord shall from time to time reasonably consider appropriate;
Insured Risks. Sublessee agrees to maintain at all times, at its sole cost and expense, with insurers of recognized reputation and responsibility reasonably satisfactory to Lessor and Sublessor (but in no event having an A.M. Best or comparable agency rating of less than “A-”):
Insured Risks. Lxxxxx agrees to maintain at all times, at its sole cost and expense, with insurers having an A.M. Best or comparable agency rating of not less than “A-”:
Insured Risks. A. Commercial Risks (Buyer Risks) (i) PROTRACTED DEFAULT (ii) INSOLVENCY
