Uninsured Risks definition

Uninsured Risks means an Insured Risk against which insurance is from time to time unobtainable on normal commercial terms in the London insurance market at reasonable commercial rates for a property equivalent in size, layout, type and location.

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Uninsured Risks means the matters set out in the exclusions to form LSW555D (or any successor provision approved by Lessor) for chemical or biological weapons, so called “dirty bombs” and electromagnetic pulse weapons. Lessee undertakes that if cover in respect of the Uninsured Risks is, or becomes, available in the London insurance markets or elsewhere at commercially reasonable rates (having reference to the extent to which such cover is commonly taken by first class international airlines) it shall, if requested by Lessor, obtain and maintain, or cause to be obtained and maintained, insurance cover for the Uninsured Risks to the fullest extent available in the leading international insurance markets.

Uninsured Risks means any and every cause of loss to the insured in respect of the Insured Receivables, that is not specified and defined under ‘Insured Risks’ in this Agreement.

Examples of Uninsured Risks in a sentence

• On the termination of this Lease under clause 6.15 (Uninsured Risks) or if this Lease is terminated by the operation of the doctrine of frustration or otherwise, the Tenant is not to be entitled to any of the proceeds of insurance for its exclusive benefit.

• For the avoidance of any doubt, in the event that the Landlord elects to rebuild or reinstate the Building following damage or destruction by Uninsured Risks, the Tenant shall not be liable for any costs associated therewith.

• On the termination of this Lease under clause 6.15 (Uninsured Risks) or if this Lease is terminated by the operation of the doctrine of frustration or otherwise, the Landlord is to be entitled to retain all of the proceeds of insurance for its exclusive benefit.

• Tenant agrees that Landlord shall have no liability or responsibility whatsoever for any damage to any person or property within the Premises due to Landlord or its agents, employees or contractors, except to the extent that the insurance policies listed in Sections 10(a) and (b) cover, and then only to the extent of such coverage ("Insured Risks"); provided, however, that Landlord shall continue to remain liable for claims and losses that are not covered by the terms of such policies ("Uninsured Risks").

• The Tenant must replace from time to time any landlord’s fixtures and fittings in the Premises that are beyond repair at any time during or at the end of the Term damage by lnsured Risks or Uninsured Risks excepted save to the extent that the insurance money is irrecoverable due to any act or default of the Tenant or anyone at the Premises expressly or by implication with its authority.

More Definitions of Uninsured Risks

Uninsured Risks means any risks against which insurance cover is not generally available or is refused or is available on terms or subject to conditions making it commercially unreasonable to effect insurance against that risk or is subject to some special limitation such that the full cost of reinstatement (save for any normal insurance excess) is not recovered by the Landlord, so that any such risk is not an Insured Risk;

Uninsured Risks means the matters set out in the exclusions to form LSW555D (or any successor provision approved by Lessor) for chemical or biological weapons, "dirty bombs" and electromagnetic pulse weapons. If cover in respect of the Uninsured Risks is, or becomes, available in the leading international insurance markets at commercially reasonable rates (having reference to the

Uninsured Risks means any of the following:

Uninsured Risks means an Act of Terrorism which is not an Insured Risk at the date of the destruction or damage

Uninsured Risks a risk included in the definition of “Insured Risks” but which is not at the relevant time a risk which the Landlord has insured against

Uninsured Risks means any one or more of the events or perils expressly listed in the definition of “Insured Risks” as and when (if at all) during the Term insurance in respect thereof: (a) cannot be obtained in the London insurance market or, (b) where cover is only available in the London insurance market subject to exclusions limitations terms or conditions which limit the amount claimable so that and to the extent that the Landlord is unable to claim for the Full Reinstatement Cost or (c) or where cover is only available only up to a fixed maximum amount (being less than the Full Reinstatement Cost) in relation to any such event or peril, to the extent to which the cover of such event or peril above such maximum amount cannot be obtained in the London insurance market, (save in either case to the extent that it cannot be obtained in respect of the Premises as a result of any act, neglect or default of the Tenant, any undertenant or occupier or any of their respective agents, licensees, visitors or contractors or any person under the control of any of them).

Uninsured Risks means any risk that is not an insured risk because insurance is not generally available on normal commercial terms in the United Kingdom insurance market or because of an exclusion or limitation imposed by the insurer,