Rental Interruption Insurance definition

Rental Interruption Insurance means insurance that provides for the payment to the Lessor of a loss of Lease Payment(s) due to Abatement as defined in Section 4.8.
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Examples of Rental Interruption Insurance in a sentence

  • SECTION 5.1. Maintenance, Utilities, Taxes and Assessments 10 SECTION 5.2. Modification of Leased Property 10 SECTION 5.3. Liability and Property Damage Insurance 11 SECTION 5.4. Casualty Insurance 11 SECTION 5.5. Rental Interruption Insurance 11 SECTION 5.6. Recordation Hereof; Title Insurance 12 SECTION 5.7. Insurance Net Proceeds; Form of Policies 12 SECTION 5.8. Installation of City’s Personal Property 12 SECTION 5.9. Liens 12 SECTION 5.10.

  • The amount of Rental Interruption Insurance shall cover Lease Payments for not less than twelve (12) months.

  • Section 5.1. Maintenance, Utilities, Taxes and Assessments 12 Section 5.2. Modification of Leased Property 12 Section 5.3. Public Liability Insurance 13 Section 5.4. Fire and Extended Coverage Insurance; Title Insurance 13 Section 5.5. Rental Interruption Insurance 14 Section 5.6. Insurance Net Proceeds; Form of Policies 14 Section 5.7. Advances 14 Section 5.8. Installation of City's Equipment 14 Section 5.9. Liens 15 Section 5.10.

  • SECTION 5.1. Maintenance, Utilities, Taxes and Assessments 13 SECTION 5.2. Modification of Site and Facilities 14 SECTION 5.3. Public Liability and Property Damage Insurance 14 SECTION 5.4. Fire and Extended Coverage Insurance 15 SECTION 5.5. Rental Interruption Insurance 15 SECTION 5.6. Recordation Hereof; Title Insurance 16 SECTION 5.7. Form of Policies 16 SECTION 5.8. Installation of District's Equipment 16 SECTION 5.9. Liens 17 SECTION 5.10.

  • Apart from this, another search method was used, where authors‟ names were searched within the same databases as mentioned above.

  • The City may not self-insure with respect to the Facility Lease Rental Interruption Insurance.

  • The cost of the Facility Lease Rental Interruption Insurance shall be paid out of the Administrative Expense Fund as provided in the Indenture, and any and all proceeds thereof shall be deposited into the Revenue Fund and shall be applied in accordance with Section 4.2 of the Indenture.

  • As an alternative to the City obtaining the Facility Lease Rental Interruption Insurance, the City, Port, and the JEPA may determine that is in their mutual best interests to have the JEPA acquire the Facility Lease Rental Interruption Insurance as the named insured, with the City and Port named as an additional insureds and the Trustee as a loss payee.

  • Section 5.1. Maintenance, Utilities, Taxes and Assessments 17 Section 5.2. Modification of Property 17 Section 5.3. Public Liability Insurance 17 Section 5.4. Casualty Insurance 18 Section 5.5. Rental Interruption Insurance 18 Section 5.6. Worker’s Compensation Insurance 18 Section 5.7. Recordation Hereof; Title Insurance 18 Section 5.8. Insurance Net Proceeds; Form of Policies 19 Section 5.9. Installation of District’s Personal Property 19 Section 5.10.

  • SECTION 5.1. Maintenance, Utilities, Taxes and Assessments 13 SECTION 5.2. Modification of Site and Facilities 13 SECTION 5.3. Public Liability and Property Damage Insurance 14 SECTION 5.4. Fire and Extended Coverage Insurance 14 SECTION 5.5. Rental Interruption Insurance 15 SECTION 5.6. Recordation Hereof; Title Insurance 15 SECTION 5.7. Insurance Net Proceeds; Form of Policies 15 SECTION 5.8. Installation of City's Equipment 15 SECTION 5.9. Liens 16 SECTION 5.10.

Related to Rental Interruption Insurance

  • ' Compensation Insurance With respect to all operations performed, the Party shall carry workers’ compensation insurance in accordance with the laws of the State of Vermont. Vermont will accept an out-of-state employer's workers’ compensation coverage while operating in Vermont provided that the insurance carrier is licensed to write insurance in Vermont and an amendatory endorsement is added to the policy adding Vermont for coverage purposes. Otherwise, the party shall secure a Vermont workers’ compensation policy, if necessary to comply with Vermont law.

  • Property Insurance is defined in Section 6.10(a).

  • Dental Insurance The District shall contribute $360.00 annually toward the cost of dental insurance whether for single or family coverage for full-status employees who qualify for and enroll in the plan. The cost of the premium not contributed by the District for family coverage shall be borne by the employee through payroll deduction.

  • Guaranteed automobile protection insurance means insurance offered in

  • Coverage Area means the area described in the Website for which Nearmap has available Products, which may cover part or all of that area and which may cover part (but not all) of the area covered by the Survey.

  • Insurance Rent the sums described in paragraph 1.1 of Schedule 4; “Insured Risks” the risks of fire (including subterranean fire), lightning, explosion, storm, flood, subsidence, landslip, heave, earthquake, burst or overflowing water pipes, tanks or apparatus, impact by aircraft or other aerial devices and any articles dropped from them, impact by vehicles, terrorism, riot, civil commotion and malicious damage to the extent, in each case, that cover is generally available on normal commercial terms in the UK insurance market at the time the insurance is taken out, and any other risks against which the Landlord reasonably insures from time to time, subject in all cases to any excesses, limitations and exclusions imposed by the insurers;10

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Casualty insurance means liability insurance.

  • Rental means the Supplier’s charging rate for the hire of the Hire Goods which is current from time to time during the Hire Period;

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators.

  • Interruption means a reduction in non-firm transmission service due to economic reasons pursuant to Tariff, Part II, section 14.7.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Building Operating Expenses means the portion of "Operating Expenses," as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Insurance means comprehensive insurance of the vehicle(s)/equipment and shall include insurance of the crew.

  • Lease means a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. Unless the context clearly indicates otherwise, the term includes a sublease.

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Period of Insurance means the period commencing from the retroactive date and terminating on the expiry date as shown in the Policy Schedule.

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.