Rent Loss/Business Interruption. If applicable, the Company or the applicable Company Subsidiary shall maintain, after substantial completion of the improvements, rent loss/business interruption insurance sufficient to prevent the Company and the applicable Company Subsidiaries from being a coinsurer under the terms of the policy, and in an amount equal to either twelve months’ projected gross income from the Property, or for the length of time it would take to demolish and rebuild all improvements.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Emeritus Corp\wa\), Limited Liability Company Agreement, Limited Liability Company Agreement (Emeritus Corp\wa\)