Owner Requirements Clause Samples

Owner Requirements. Owner agrees to maintain all forms of insurance required by law or by any loan requirements for the Property and as otherwise deemed by Owner to be reasonable and necessary to adequately protect Owner and Manager, including but not limited to public liability insurance, boiler insurance, fire and extended coverage insurance, and burglary and theft insurance. All insurance coverage shall be placed with such companies, in such amounts and with such beneficial interest appearing therein as shall be reasonably acceptable to Owner. Public liability insurance shall be maintained in such amounts as Owner determines as commercially reasonable or as otherwise required by its lenders or investors, but in no case in an amount less than $10,000,000 (including umbrella policies). Owner agrees to timely provide evidence of required insurance to Manager, and acknowledges that if evidence of insurance coverage is not timely furnished, Manager may, but shall not be obligated to, obtain such coverage in its capacity as manager pursuant to this Agreement, at Owner’s expense, in which event Owner agrees to pay or reimburse Manager therefor. Manager shall be named an additional insured on all Owner obtained insurance.

Owner Requirements. Owner agrees to maintain all forms of insurance required by law or any loan documents covering the Property and as reasonably deemed by Owner to be necessary or needed to adequately protect Owner and Manager, including but not limited to public liability insurance, boiler insurance, fire and extended coverage insurance, and burglary and theft insurance. All insurance coverage shall be placed with such companies, in such amounts and with such beneficial interest appearing therein as shall be reasonably acceptable to Owner. Public liability insurance shall be maintained in such amounts as Owner determines as commercially reasonable or as otherwise required by its lenders or investors.

Owner Requirements. 1. Commercial General Liability policy (with respect to the Property) with limits not less than $1,000,000 per occurrence with a $2,000,000 annual aggregate. 2. Commercial Umbrella policy (with respect to the Property) with limits not less than $10,000,000. 3. Business Automobile Insurance with limits not less than a $1,000,000 Combined Single Limit. 4. Commercial Property policy insuring the building, business personal property, business income and signs at a replacement cost with agreed upon deductibles. The policy shall be written on a special causes of loss form including coverage for flood, wind and earthquake where applicable. 5. Terrorism.

Owner Requirements. City will be responsible for providing as-built drawings for the existing utilities but the Architect shall field verify the information if necessary.

Owner Requirements. Owner agrees to maintain all forms of insurance required by law or by any loan requirements for the Property and as otherwise deemed by Owner to be reasonable and necessary to adequately protect Owner and Manager, including but not limited to public liability insurance, boiler insurance, fire and extended coverage insurance, and burglary and theft insurance. All insurance coverage shall be placed with such companies, in such amounts and with such beneficiaJ interest appeari..ng therein as shall be reasonably acc.eptable to Owner. Public liability insurance shall be maintained in such amounts as Owner determines as commercially reasonable or as otherwise required by its lenders or investors, but in no case in an amount less than $5,000,000. Ovmer agrees to timely provide evidence of required insurance to Manager, and acknowledges that if evidence of insurance coverage is not timely furnished, Manager may, but shall not be obligated to, obtain such coverage in its capacity as Manager, pursuant to this Agreement. Manager shall be named an additional insured on all Owner obtained insurance.

Owner Requirements. A. Company must conduct its trust and safety screenings on all of the Owners that will engage in Peer-to-Peer Vehicle Sharing at the Airport. If an Owner is flagged for potential fraudulent or criminal activity, then Company’s trust and safety team will perform a criminal background search and public records search, and lock down the Owner’s account until the Owner clears the background check. B. Company will evaluate the safety of vehicles used by Owners by checking VINs for safety recalls and determining whether the title is branded.

Owner Requirements. Provide a safe and clean location for the activity to be conducted.

Owner Requirements. Provide complete and accurate information required by the Administrator with regard to the affordable housing obligations of the Owner contained in the DDA and the AARP, within the time periods set forth in the DDA or AARP as applicable.

Owner Requirements. Any Requirement which (a) Owner is required to comply with in connection with any obligation of Owner under this Lease or (b) is enacted or becomes applicable after the Commencement Date and requires a replacement, rather than a repair (in accordance with sound practices) to the Building core or shell, any Base Building System, Owner’s Work or any item in Owner’s Work Schedule to be performed by Owner which is not caused by Tenant’s Work, any Default or any act or omission of Tenant or any Tenant Party (including, without limitation, Tenant’s particular manner of using the Premises).