Property and Operational Insurance. Management Company shall, commencing with the Effective Date and thereafter during the Term of this Agreement, procure and maintain, either with insurance companies of recognized responsibility or by legally qualifying itself as a self insurer, a minimum of the following insurance:
Property and Operational Insurance. A. Management Company and/or its Affiliates shall, commencing with the Management Commencement Date and continuing throughout the Term of this Agreement, procure and maintain, as an Operating Expense, with insurance companies reasonably acceptable to TRS or by legally qualifying itself as a self insurer, a minimum of the following insurance to the extent reasonably commercially available:
Property and Operational Insurance. Operator shall, commencing with the Effective Date and thereafter during the Term of this Agreement, procure and maintain, either with insurance companies of recognized responsibility or by legally qualifying itself as a self insurer, a minimum of the following insurance:
Property and Operational Insurance. Management Company shall, commencing with the Effective Date and thereafter during the term of this Agreement, procure and maintain, using funds deducted from Gross Revenues in determining Operating Profit, either with insurance companies of recognized responsibility or by legally qualifying itself as a self insurer in the state where the respective Inn is located, a minimum of the insurance identified below.
Property and Operational Insurance. A. Management Company shall, commencing with the Management Commencement Date and continuing throughout the Term of this Agreement, procure and maintain, as a Deduction, with insurance companies (i) reasonably acceptable to Owner,
Property and Operational Insurance. A. Management Company shall, commencing with the Management Commencement Date and continuing throughout the Term of this Agreement, procure and maintain, as a Deduction, with insurance companies (i) reasonably acceptable to Owner, (ii) required by a Qualified Lender, and (iii) licensed to underwrite the type of insurance being issued in the jurisdiction in which such insurance policy shall be delivered, a minimum of the following insurance to the extent reasonably commercially available. Subject to Owner's and any Qualified Lender's prior approval (in their sole discretion), Management Company may procure and maintain such insurance as required in this Section 12.01 by legally qualifying itself as a self insurer:
Property and Operational Insurance. 46 Section 12.03
Property and Operational Insurance. Subject to Section 13.5.1 of the Operating Agreement:
Property and Operational Insurance. A. Management Company shall, commencing with the Management Commencement Date and continuing throughout the Term of this Agreement, procure and maintain, as a Deduction and upon the terms set forth in the Lease Agreement, with insurance companies (i) reasonably acceptable to Owner, (ii) required by a Qualified Lender, and (iii) licensed to underwrite the type of insurance being issued in the jurisdiction in which such insurance policy shall be delivered, a minimum of the following insurance to the extent reasonably commercially available. Subject to Owner’s and any Qualified Lender’s prior approval (in their sole discretion), Management Company may procure and maintain such insurance as required in this Section 12.01 by legally qualifying itself as a self insurer:
Property and Operational Insurance
