Common use of Notice of Insurance Clause in Contracts

Notice of Insurance. All insurance provided for in this Article shall be effected under valid and enforceable policies issued by insurance companies rated not lower than “A” and in the Class XII Financial Size category in Best’s Insurance Reports (current edition) and authorized to do business in the State of Arizona. Such policies shall be endorsed to indicate that Lessee’s coverage shall not be invalid due to any act or omission by Lessor. The policies shall further be endorsed to indicate that such policies shall cover Lessee’s obligations pursuant to Article 13 up to the limits of such policies. The insurance companies issuing such insurance shall agree to notify Lessor in writing of any cancellation, reduction in coverage, changing types of coverage, or non-renewal of said insurance at least thirty (30) days prior thereto. Lessee shall deliver to Lessor, within 30 days after execution of this Lease, or prior to entering the Premises for any purpose, whichever is first to occur, certificates evidencing the insurance coverage required herein and confirming that the premiums therefor have been paid in full. Said certificates shall also include a footnote referring to this Lease and certifying that the policy or policies issued to Lessee comply with all of the provisions of this Article 14. If Lessee fails to obtain the insurance required herein and deliver said certificates to Lessor as provided above, Lessor shall be entitled, but without obligation, to obtain said policies at Lessee’s expense.

Appears in 1 contract

Samples: Rooftop License Agreement (Lifelock, Inc.)

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Notice of Insurance. All insurance provided for in this Article shall be effected under valid and enforceable policies issued by insurance companies rated not lower than “A” and in the Class XII Financial Size category in Best’s Insurance Reports (current edition) and authorized to do business in the State of Arizona, and approved by Lessor. Such The policies of insurance shall be endorsed to indicate that Lessee’s 's coverage shall not be invalid due to any act or omission by on the part of Lessor. The policies shall further be endorsed to indicate that such policies shall cover Lessee’s obligations pursuant to Article 13 up to the limits of such policies. The insurance companies issuing such insurance shall agree to notify Lessor in writing of any cancellation, reduction in coverage, changing types of coverage, alteration or non-renewal of said insurance at least thirty ten (3010) days prior thereto. Lessee shall deliver to Lessor, Lessor within 30 thirty (30) days after execution of this Lease, or prior to entering the Premises for any purpose, whichever is first to occur, Lease certificates evidencing the insurance coverage required herein and confirming that the premiums therefor have been paid in full. Said certificates shall also include a footnote referring to this Lease and certifying that the policy or policies issued to Lessee comply with all of the provisions of this Article 1415. If Lessee fails to obtain the insurance required herein and deliver said certificates thereof to Lessor as provided for above, Lessor shall be entitled, but without obligation, to obtain said policies at Lessee’s 's expense. At Lessor's request, the original policies of insurance shall be delivered to Lessor.

Appears in 1 contract

Samples: Office Lease (Pacific Blue Energy Corp.)

Notice of Insurance. All insurance provided for in this Article shall be effected under valid and enforceable policies issued by financially sound insurance companies rated not lower than “A” and in the Class XII Financial Size category in Best’s Insurance Reports (current edition) reasonably acceptable to Lessor and authorized to do business in the State of Arizona. Such policies shall be endorsed to indicate that Lessee’s 's coverage shall not be invalid due to any act or omission by Lessor. The policies shall further be endorsed to indicate that such policies shall cover Lessee’s 's obligations pursuant to Article 13 up 13. Lessee shall use commercially reasonable efforts to the limits of such policies. The cause all insurance companies issuing such insurance shall agree to notify Lessor in writing of any cancellation, reduction in coverage, changing types of coverage, alteration or non-renewal of said insurance at least thirty (30) days prior thereto. Lessee shall deliver to Lessor, within 30 fifteen (15) days after execution of this Lease, or prior to entering the Premises for any purpose, whichever is first to occur, certificates evidencing the insurance coverage required herein and confirming that the premiums therefor therefore have been paid in full. Said certificates shall also include a footnote referring to this Lease and certifying that the policy or policies issued to Lessee comply with all of the provisions of this Article 14. If Lessee fails to obtain the insurance required herein and deliver said certificates to Lessor as provided above, Lessor shall be entitled, but without obligation, to obtain said policies at Lessee’s 's expense.

Appears in 1 contract

Samples: Office Lease (MedAire, Inc.)

Notice of Insurance. All insurance provided for in this Article shall be effected under valid and enforceable policies issued by insurance companies rated not lower than “A” and in the Class XII Financial Size category in Best’s Insurance Reports (current edition) and authorized to do business in the State of Arizona. Such policies shall be endorsed to indicate that Lessee’s coverage shall not be invalid due to any act or omission by Lessor. The policies shall further be endorsed to indicate that such policies shall cover Lessee’s obligations pursuant to Article 13 up to the limits of such policies. The insurance companies issuing such insurance shall agree to notify Lessor in writing of any cancellation, reduction in coverage, changing types of coverage, or non-renewal of said insurance at least thirty (30) days prior thereto. Lessee shall deliver to Lessor, within 30 fifteen (15) days after execution of this Lease, or prior to entering the Premises for any purpose, whichever is first to occur, certificates evidencing the insurance coverage required herein and confirming that the premiums therefor have been paid in full. Said certificates shall also include a footnote referring to this Lease and certifying that the policy or policies issued to Lessee comply with all of the provisions of this Article 14. If Lessee fails to obtain the insurance required herein and deliver said certificates to Lessor as provided above, Lessor shall be entitled, but without obligation, to obtain said policies at Lessee’s expense.

Appears in 1 contract

Samples: Office Lease (Renegy Holdings, Inc.)

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Notice of Insurance. All insurance provided for in this Article shall be effected under valid and enforceable policies issued by insurance companies rated not lower than “A” and in the Class XII Financial Size category in Best’s Insurance Reports (current edition) and authorized to do business in the State of Arizona, and approved by Lessor. Such The policies of insurance shall be endorsed to indicate that Lessee’s 's coverage shall not be xxx xx invalid due to any act or omission by on the part of Lessor. The policies shall further be endorsed to indicate that such policies shall cover Lessee’s obligations pursuant to Article 13 up to the limits of such policies. The insurance companies issuing such insurance shall agree to notify Lessor in writing of any cancellation, reduction in coverage, changing types of coverage, alteration or non-renewal of said insurance at least thirty ten (3010) days prior thereto. Lessee shall deliver to Lessor, Lessor within 30 thirty (30) days after execution of this Lease, or prior to entering the Premises for any purpose, whichever is first to occur, Lease certificates evidencing the insurance coverage required herein and confirming that the premiums therefor have been paid in full. Said certificates shall also include a footnote referring to this Lease and certifying that the policy or policies issued to Lessee comply with all of the provisions of this Article 1415. If Lessee fails to obtain the insurance required herein and deliver said certificates thereof to Lessor as provided for above, Lessor shall be entitled, but without obligation, to obtain said policies at Lessee’s 's expense. At Lesxxx'x request, the original policies of insurance shall be delivered to Lessor.

Appears in 1 contract

Samples: Why Usa Financial Group Inc

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