Builders All Risk Insurance definition
Examples of Builders All Risk Insurance in a sentence
The insurance policies specified in Section 4 (Builders All Risk Insurance) and Section 5 (All Risk Property/Mechanical and Electrical Breakdown Insurance (Upon Completion of Construction)) of Attachment Q (Required Insurance) shall include Company as loss payee, as its interest may appear with respect to any Property or Mechanical and Electrical losses.
The insurance policies specified in Section 4 (Builders All Risk Insurance) and Section 5 (All Risk Property/Comprehensive Boiler and Machinery Insurance (Upon Completion of Construction)) of Attachment R (Required Insurance)shall include Company as loss payee, as its interest may appear with respect to any Property or Boiler and Machinery losses.
In order to protect Owner, Seller and any other party to the extent of their respective financial interests, Owner will procure and maintain in effect or cause to be maintained All Risk Insurance or Builder's All Risk Insurance (BAR).
Prior to commencement of the Alterations, Tenant shall deliver Builder's All Risk Insurance, in an amount acceptable to Landlord, in conformance with the requirements of Article 10 of this Lease.
Contractor, for the life of this Contract, shall effect and maintain Builders All Risk Insurance and fire insurance with extended coverage and malicious mischief coverage upon the structures on which the Work of this Contract is to be done to 100 percent (100%) of the insurable value thereof, protecting (1) Owner's interest; (2) Contractor's interest; and (3) the Subcontractor's interest in the Work.
The insurance policies specified in Section 4 (Builders All Risk Insurance) and Section 5 (All Risk Property/Comprehensive Boiler and Machinery Insurance (Upon Completion of Construction)) of Attachment R (Required Insurance) shall include Company as loss payee, as its interest may appear with respect to any Property or Boiler and Machinery losses.
Owner shall purchase and maintain Builder's All Risk Insurance or All Risk Property Insurance covering the Work, the equipment and materials intended to go into the Work, and the Premises.
In the event that Tenant makes any Alterations Tenant agrees to carry "Builder's All Risk" Insurance in an amount approved by Miramar covering the construction of such Alterations, and such other insurance as Miramar may require it being understood and agreed that all of such Alterations shall be insured by Tenant pursuant to Article 10 of this Lease immediately upon completion thereof.
The insurance policies specified in Section 4 (Builders All Risk Insurance) and Section 5 (All Risk Property/Comprehensive Boiler and Machinery Insurance (Upon Completion of Construction)) of Attachment J (Required Insurance) shall include Company as loss payee, after the interests of the Financing Parties, as its interest may appear with respect to any property or boiler and machinery losses.