Lessor to insure Sample Clauses

Lessor to insure. Subject to the provisions of this Lease the Lessor covenants with the Lessee to insure and keep insured the Lease Premises against risks as the Lessor may from time to time in her absolute discretion think fit to insure PROVIDED THAT the parties agree that the Lessor will not be responsible for the insurance of the Lessee’s assets, any building erected on the Premises by the Lessee, goods, working equipment and any other effects belonging to the Lessee and the Lessor may furnish copies of the relevant cover or policy of insurance to the Lessee or any person claiming under him upon demand in writing. Lessee’s insurance covenants The Lessee covenants with the Lessor:- to comply with all the reasonable requirements and recommendations of the Lessor ’s insurers; not to do or omit anything that could cause any policy of insurance on or in relation to the Property to become void and voidable wholly or in part nor (unless the Lessee shall have previously notified the Lessor and have agreed to pay the increased premium) anything by which additional premiums may become payable; to pay directly or reimburse the Lessor on demand and fully indemnify the Lessor in respect of any additional premiums payable under any policy of insurance covering the Premises arising from a dangerous nature of any goods stored on the Premises by the Lessee and to comply with the requirements and recommendations of any fire authority and the requirements of the Lessor in connection with fire precautions relating to the Premises; not to obstruct the access to any fire equipment or the means of escape from the Premises and the Property and not to lock any fire door while the Premises or any part of the Premises is occupied; to give notice to the Lessor immediately upon the happening of any event which might affect any insurance policy on or relating to the Land or upon the happening of any event against which the Lessor may have insured under this Lease; immediately to inform the Lessor in writing of any conviction judgement or finding of any court or tribunal relating to the Lessee (or any director other officer or major shareholder of the Lessee) of such a nature as to be likely to affect the decision of any insurer or underwriter to grant or to continue such insurance; if at any time the Lessee shall be entitled to the benefit of any insurance on the Premises (which is not effected or maintained in pursuance of any obligation contained in this Lease) to apply all money received by virtue...
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Lessor to insure. The Lessor shall throughout the Term carry:
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Lessor to insure. 30 PART 10 - EXCLUSION OF LIABILITY AND INDEMNITY........................................... 31 10.1 Lessee's Indemnity.............................................................. 31 10.2 Lessor's Indemnity.............................................................. 31 10.3
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Lessor to insure. Subject to the provisions of this Lease the Lessor covenants with the Lessee to insure and keep insured the Property against risks as the Lessor may from time to time in her absolute discretion think fit to insure PROVIDED THAT the parties agree that the Lessor will not be responsible for the insurance of the Lessee’s assets, any building erected on the Property by the Lessee, goods, working equipment and any other effects belonging to the Lessee and the Lessor may furnish copies of the relevant cover or policy of insurance to the Lessee or any person claiming under him upon demand in writing.
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Lessor to insure. 3.17.1 If the Lessor elects to insure the Premises at any time during the Term the Lessor will notify the Lessor in writing and the Lessee must reimburse the Lessor on demand the cost of such insurance.
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Related to Lessor to insure

  • Tenant’s Compliance With Landlord’s Fire and Casualty Insurance Tenant shall, at Tenant’s expense, comply with all insurance company requirements pertaining to the use of the Premises. If Tenant’s conduct or use of the Premises causes any increase in the premium for such insurance policies then Tenant shall reimburse Landlord for any such increase. Tenant, at Tenant’s expense, shall comply with all rules, orders, regulations or requirements of the American Insurance Association (formerly the National Board of Fire Underwriters) and with any similar body.

  • Tenant Insurance Landlord shall not be liable to Tenant, Xxxxxx’s family or Xxxxxx’s invitees, licensees, and/or guests for damages not proximately caused by Landlord or Landlord’s agents. Landlord will not compensate Tenant or anyone else for damages proximately caused by any other source whatsoever, or by Acts of God, and Tenant is therefore strongly encouraged to independently purchase insurance to protect Tenant, Xxxxxx’s family, Xxxxxx’s invitees, licensees, and/or guests, and all personal property on the leased premises and/or in any common areas from any and all damages.

  • Notice to Insurers If, at the time of the receipt of a notice of a claim pursuant to Section 3(b) hereof, the Company has director and officer liability insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding in accordance with the terms of such policies.

  • Landlord Insurance Insurance shall be procured by Landlord in accordance with its sole discretion. All awards and payments thereunder shall be the property of the Landlord, and Tenant shall have no interest in the same. Notwithstanding the foregoing, Landlord agrees to obtain building liability and hazard insurance required to be carried for the Property and Premises and adequate hazard insurance, which covers replacement cost of the Property and Premises.

  • LESSEE'S COMPLIANCE WITH LAW Except as otherwise provided in this Lease, Lessee, shall, at Lessee's sole cost and expense, fully, diligently and in a timely manner, comply with all "APPLICABLE LAW," which term is used in this Lease to include all laws, rules, regulations, ordinances, directives, covenants, easements and restrictions of record, permits, the requirements of any applicable fire insurance underwriter or rating bureau, and the recommendations of Lessor's engineers and/or consultants, relating in any manner to the Premises (including but not limited to matters pertaining to (i) industrial hygiene, (ii) environmental conditions on, in, under or about the Premises, including soil and groundwater conditions, and (iii) the use, generation, manufacture, production, installation, maintenance, removal, transportation, storage, spill or release of any Hazardous Substance or storage tank), now in effect or which may hereafter come into effect, and whether or not reflecting a change in policy from any previously existing policy. Lessee shall, within five (5) days after receipt of Lessor's written request, provide Lessor with copies of all documents and information, including, but not limited to, permits, registrations, manifests, applications, reports and certificates, evidencing Lessee's compliance with any Applicable Law specified by Lessor, and shall immediately upon receipt, notify Lessor in writing (with copies of any documents involved) of any threatened or actual claim, notice, citation, warning, complaint or report pertaining to or involving failure by Lessee or the Premises to comply with any Applicable Law.

  • Compliance with Legal/Insurance Requirements, Etc Subject to the provisions of Section 5.1.2(b) and Article 8, Tenant, at its sole expense, shall (a) comply with (or cause to be complied with) all material Legal Requirements and Insurance Requirements in respect of the use, operation, maintenance, repair, alteration and restoration of any Property and with the terms and conditions of any ground lease affecting any Property, (b) perform (or cause to be performed) in a timely fashion all of Landlord’s obligations under any ground lease affecting any Property and (c) procure, maintain and comply with (or cause to be procured, maintained and complied with) all material licenses, certificates of need, permits, provider agreements and other authorizations and agreements required for any use of any Property and Tenant’s Personal Property, if any, then being made, and for the proper erection, installation, operation and maintenance of the Leased Property or any part thereof.

  • 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 Security Trustee, significant and capable of affecting the Borrowers, the Ships and their Insurances (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which each Borrower may be subject), and may appoint insurance consultants in relation to this review at the cost of the relevant Borrower.

  • Tenant’s Insurance Tenant shall maintain the following coverages in the following amounts.

  • Maintenance of Mortgage Blanket Insurance The Servicer shall obtain and maintain a blanket policy insuring against losses arising from fire and hazards covered under extended coverage on all of the Mortgage Loans. To the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.12 and otherwise complies with all other requirements of Section 3.12, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.12. Any amounts collected by the Servicer under any such policy relating to a Mortgage Loan shall be deposited in the Custodial Account or Escrow Account subject to withdrawal pursuant to Sections 3.04 or 3.06. Such policy may contain a deductible clause, in which case, in the event that there shall not have been maintained on the related Mortgaged Property a policy complying with Section 3.12, and there shall have been a loss which would have been covered by such policy, the Servicer shall deposit in the Custodial Account at the time of such loss the amount not otherwise payable under the blanket policy because of such deductible clause, such amount to be deposited from the Servicer’s funds, without reimbursement therefor.

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