LESSEE'S INSURANCE REQUIREMENTS Sample Clauses

LESSEE'S INSURANCE REQUIREMENTS. At all times during the term of this Lease, Lessee, at its sole cost and expense, shall keep or cause to be kept for the mutual benefit of Lessor, Lessor's mortgagee, Lessor's managing agent and Lessee (with appropriate cross-liability endorsements) public liability and property damage insurance with combined single limit coverage of at least $1,000,000.00, which policy(ies) shall insure against all liability of Lessee, Lessee's authorized representatives, and anyone for whom Lessee is responsible arising out of or in connection with Lessee's occupancy and use of the Premises, and shall, to the extent permitted by law, insure Lessee's performance of the indemnity provisions contained in this Lease. Each such policy shall be issued by a company licensed to do business in North Carolina. Lessee shall also insure its personal property located upon the Premises, and shall neither have nor make any claim against Lessor for any loss or damage to the same, regardless of the cause thereof. The proceeds from any such policy covering personal property shall be used by Lessee for the replacement of Lessee's personal property. Prior to taking possession of the Premises and thereafter, Lessee shall deliver to Lessor, not less than ten (10) business days prior to the renewal date thereof, a copy of each original policy required by this Section or a satisfactory certificate thereof. Each such policy shall be non-assessable and shall contain language, to the extent obtainable, (a) that to the extent permitted by law, any loss shall be payable notwithstanding any act or negligence of Lessor or Lessee that might otherwise result in forfeiture of the insurance, (b) that the policy is primary and non-contributing with any insurance that Lessor may carry, and (c) that the policy cannot be cancelled or changed except upon thirty (30) days prior written notice to Lessor. Notwithstanding any provision in this Lease to the contrary, and to the extent permitted by law, Lessor hereby waives and releases unto Lessee and its successors and assigns, and Lessee hereby waives and releases unto Lessor and its successors and assigns, any and all rights to claim or assert any claim for damages resulting from any injury, loss, cost or damage suffered by any person or to the Premises which is occasioned by fire, explosion, accident, occurrence or condition in, on or about the Premises or any other casualty; provided, however, that the full amount of such injury, loss, cost or damage has been ...
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LESSEE'S INSURANCE REQUIREMENTS. This outlines the insurance requirements of your Lease. To assure compliance with theses terms, we suggest you send a copy of this Exhibit to your insurer or agent. Initial Certificates and endorsements must be provided to Lessor prior to occupancy of the Premises and renewals ten (10) days before expiration.
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LESSEE'S INSURANCE REQUIREMENTS. LESSEE shall carry, at its own expense during the term hereof,
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LESSEE'S INSURANCE REQUIREMENTS a. Property Insurance: insurance against loss or damage to the Leased Premises by fire and all other casualties as may be included in forms of all risk insurance from time to time commonly available in Pennsylvania, in an amount equal to the full insurable replacement value (without depreciation) of all buildings and insurable improvements on the Leased Premises, such coverage to include a so-called “Agreed Amount Endorsement”. The replacement values shall be determined from time to time, whenever requested by LESSOR, but not more frequently than every year, by an appraiser selected by LESSOR and paid for by LESSEE. LESSOR shall be named as the “loss payee” on the casualty insurance coverages for the Leased Hangars. LESSEE shall bring or keep property upon the Leased Premises solely at its own risk and LESSEE, at its sole cost and expense, will keep all Personal Property, Stock, and Leasehold Improvements now and hereafter located on the Leased Premises insured against “All Risk” of Loss with an Insurer in an amount at least equal to the replacement value. Sample
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LESSEE'S INSURANCE REQUIREMENTS. Lessee shall, at all times during the Term and at Lessee's sole cost and expense, procure and continue in force comprehensive liability insurance, including, but without limitation, workmen's compensation insurance, bodily injury liability insurance and property damage liability insurance in the following amounts:
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LESSEE'S INSURANCE REQUIREMENTS. Lessee shall procure and maintain insurance against claims or damages which may arise from or in connection with this Agreement. Coverage shall be at least as broad as indicated below. If the Lessee maintains broader coverage and/or higher limits than the minimums shown below, the Lessor requires and shall be entitled to the broader coverage and/or higher limits maintained by the Lessee.
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LESSEE'S INSURANCE REQUIREMENTS 
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Related to LESSEE'S INSURANCE REQUIREMENTS

  • Insurance Requirements Vendor agrees to maintain the following minimum insurance requirements for the duration of this Agreement. All policies held by Vendor to adhere to this term shall be written by a carrier with a financial size category of VII and at least a rating of “A‐” by A.M. Best Key Rating Guide. The coverages and limits are to be considered minimum requirements and in no way limit the liability of the Vendor(s). Any immunity available to TIPS or TIPS Members shall not be used as a defense by the contractor's insurance policy. Only deductibles applicable to property damage are acceptable, unless proof of retention funds to cover said deductibles is provided. "Claims made" policies will not be accepted. Vendor’s required minimum coverage shall not be suspended, voided, cancelled, non‐renewed or reduced in coverage or in limits unless replaced by a policy that provides the minimum required coverage except after thirty (30) days prior written notice by certified mail, return receipt requested has been given to TIPS or the TIPS Member if a project or pending delivery of an order is ongoing. Upon request, certified copies of all insurance policies shall be furnished to the TIPS or the TIPS Member. Vendor agrees that when Vendor or its subcontractors are liable for any damages or claims, Vendor’s policy, shall be primary over any other valid and collectible insurance carried by the Member or TIPS. General Liability: $1,000,000 each Occurrence/Aggregate Automobile Liability: $300,000 Includes owned, hired & non‐owned Workers' Compensation: Statutory limits for the jurisdiction in which the Vendor performs under this Agreement. If Vendor performs in multiple jurisdictions, Vendor shall maintain the statutory limits for the jurisdiction with the greatest dollar policy limit requirement. Umbrella Liability: $1,000,000 each Occurrence/Aggregate

  • Lessee’s Insurance a. Lessee covenants to provide at Lessee's cost and expense on or before the earlier of (i) the Commencement Date, or (ii) Lessee's taking actual possession for the purpose of completing any improvement work, and to keep in full force and effect during the entire Term and so long thereafter as Lessee, or anyone claiming by, through or under Lessee, shall occupy the Premises, insurance coverage as follows:

  • Minimum Insurance Requirements The Engineer shall maintain the following or equivalent insurance policies at no less than the limits shown below and cause its sub consultants to maintain similar insurance with limits acceptable to the University: COVERAGE Professional Liability General Liability Worker’s Compensation Employer’s liability LIMITS $250,000 per claim, $500,000 aggregate $1 million per occurrence, $2 million aggregate Statutory $ 500,000 The policies above shall contain the following conditions:

  • Contractor Insurance Requirements When performing Work on property in the care, custody, or control of the Judicial Council, the Contractor shall maintain all commercial general liability insurance, workers’ compensation insurance, and any other insurance the Judicial Council deems appropriate under the Agreement. Upon request from the Judicial Council, the Contractor shall furnish an insurance certificate evidencing required insurance coverage acceptable to the Judicial Council. The Contractor may also be required to have the Judicial Council shown as an additional insured on selected policies.

  • Review of insurance requirements The Security Trustee shall be entitled to review the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners or the Ships and their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

  • Other Insurance Requirements (a) Thirty (30) days’ advance written notice shall be provided to the City of cancellation, intended non-renewal, or reduction in coverages, except for non-payment for which no less than ten (10) days’ notice shall be provided to City. Notices shall be sent to the City address set forth in Section 11.1 entitled “Notices to the Parties.”

  • CONTRACTOR’S INSURANCE REQUIREMENTS The insurance requirements of this Contract are set forth in Appendix J and, if applicable, Appendix J.1.

  • Insurance Requirement A. General Provisions Applying to All Policies

  • Additional Insurance Requirements The policies shall include, or be endorsed to include, the following provisions:

  • Changes in Insurance Requirements Not more frequently than once annually, if in the opinion of District the amount of the foregoing insurance coverages is not adequate or the type of insurance or its coverage adequacy is deemed insufficient, Contractor shall amend the insurance coverage as required by District's Risk Manager or designee.

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