Parties Insured. All insurance policies provided for in Section 12.1 will, to the extent reasonably possible, include the Owners, Innisfree and the Association as parties insured as their interests may appear. All insurance policies referred to in Section 12.1 will provide that the same may not be canceled or materially modified until at least ten (10) days after prior notice to the Board of Directors and Innisfree. Innisfree and the Board of Directors will be provided copies of all such policies.
Parties Insured. The policies with respect to such insurance as described in Section 10.01 shall name Owner and Manager as parties insured thereby and such policies shall require all insurance proceeds except for liability and third party insurance to be paid to a Trustee as designated pursuant to Article 13. Such policies shall also contain, when requested by Owner or Manager, a mortgagee clause or clauses naming the mortgagee or mortgagees involved and/or the holder or such mortgage or mortgages as parties insured thereby (in the form required by such mortgagee or mortgagees) all as their respective interests may appear and with loss payable provisions accordingly.
Parties Insured. All insurance obtained under this Article V shall be carried in the name of Owner, the Manager, all Affiliates of Owner designated by Owner and all mortgagees. Losses thereunder shall be payable to the parties as their respective interest may appear.
Parties Insured. The policies with respect to such insurance as described in Section 7.01 shall name Speakeasy and HHLV as parties insured thereby. Such policies shall also contain, when requested by Speakeasy or HHLV, a mortgagee clause or clauses naming the mortgagee or mortgagees involved and/or the holder or such mortgage or mortgages as parties insured thereby (in the form required by such mortgagee or mortgagees) all as their respective interests may appear and with loss payable provisions accordingly.
Parties Insured. All policies of insurance obtained under this Article 7 shall be carried in the name of Owner and Operator, and such additional insured’s, including beneficiaries, losses thereunder shall be payable to the parties as their respective interests may appear. All liability insurance shall name Owner, Operator, and their respective officers, partners, shareholders, directors, agents, and employees, as insureds. The public liability insurance shall provide for severability of interest, provide that an act or omission of one of the insureds or additional named insureds which would void or otherwise reduce coverage shall not reduce or void the coverage as to the insured or other additional insureds, and afford coverage for all Claims based on acts, omissions, injury and damage which occurred or arose (or the onset of which occurred or arose) in whole or in part during the policy period.
