Common use of Casualty Insurance Clause in Contracts

Casualty Insurance. Seller agrees to maintain in effect until the Closing Date the fire and extended coverage insurance policies now in effect on the Real Property (or substitute policies in equal or greater amounts).

Appears in 3 contracts

Samples: Agreement for Purchase and Sale (Vinebrook Homes Trust, Inc.), Agreement for Purchase and Sale (Vinebrook Homes Trust, Inc.), Agreement for Purchase and Sale (Vinebrook Homes Trust, Inc.)

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Casualty Insurance. Seller agrees to maintain in effect until the Closing Date the fire and extended coverage insurance policies now in effect on the Real Property Premises (or substitute policies in equal or greater amounts).

Appears in 2 contracts

Samples: Agreement of Sale (Berkshire Income Realty Inc), Agreement of Sale (Hines Real Estate Investment Trust Inc)

Casualty Insurance. Each Seller agrees to maintain in effect until the Closing Date the fire and extended coverage insurance policies now in effect on with respect to such Property, which policies shall be for the Real Property (or substitute policies in equal or greater amounts)full replacement cost of each Property.

Appears in 1 contract

Samples: Agreement of Sale (Apple Hospitality Five Inc)

Casualty Insurance. Seller agrees to maintain in effect until the Closing Date the fire and extended coverage insurance policies now in effect on the Real Property (or substitute policies Premises which is in equal or greater amounts)accordance with the coverages set forth on Exhibit “16.1” attached hereto.

Appears in 1 contract

Samples: Agreement of Sale (Berkshire Income Realty Inc)

Casualty Insurance. Seller agrees to maintain in effect until the Closing Date the fire and extended coverage other casualty insurance policies now in effect on the Real Property Premises (or substitute policies in equal or greater amounts).

Appears in 1 contract

Samples: Agreement of Sale (Catalyst Semiconductor Inc)

Casualty Insurance. Seller agrees to maintain in effect until the Closing Date the fire and extended coverage insurance policies now in effect on the Real Property Premises (or substitute policies in equal or greater amounts), but in no event less than the Purchase Price hereunder.

Appears in 1 contract

Samples: Agreement of Sale (Corporate Office Properties Trust)

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Casualty Insurance. Seller agrees to maintain in effect until the Closing Date the fire and extended coverage insurance policies now in effect on the Real Property (or substitute policies in equal or greater amounts)Premises.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Inland Monthly Income Fund Iii Inc)

Casualty Insurance. Seller agrees Sellers agree to maintain in effect until the Closing Date the fire and extended coverage insurance policies now in effect on the Real Property (or substitute policies in equal or greater amounts).

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Vinebrook Homes Trust, Inc.)

Casualty Insurance. Each Seller agrees to maintain in effect until the Closing Date the fire and extended coverage insurance policies now in effect on the Real Property Seller’s Premises (or substitute policies in equal or greater amounts)) consistent with the summary of insurance coverage provided to Buyer prior to the Effective Date.

Appears in 1 contract

Samples: Agreement of Sale (Washington Real Estate Investment Trust)

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