Common use of Landlord to insure Clause in Contracts

Landlord to insure. Subject to the provisions of this Lease, the Landlord covenants with the Tenant to insure and keep insured the Premises and the Building against the Insured Risks to the full insurable value thereof (including loss of rental income) and to pay all premia necessary for that purpose AND to rebuild or reinstate the Premises including the means of access thereto so far as the same may be damaged or destroyed AND to apply all moneys received by virtue of such insurance in making good the loss or damage in respect of which the same shall have been received but without prejudice to the liability of the Tenant to pay or contribute towards the cost of such making good in the event of the insurance money being wholly or partially irrecoverable by reason of any proven act or default of the Tenant or the servants licensees or invitees of the Tenant.