Duty to Insure a. During the term of this Lease and any extension thereof, Lessee shall provide coverage for liability of Lessee and its "public employees," as defined in the Tort Claims Act, and for its personal property and tenant's improvements and betterments, as required by New Mexico law.
Duty to Insure. Vendor shall adequately insure the Assets against loss or damage by insurable hazards to at least equal to that of the Purchase Price until the Closing Date.
Duty to Insure. During the entire term of the Agreement made between the Customer and Stashed Away the Customer shall insure the Goods stored for loss and damage under an all-risks insurance policy up to an insured level selected by the Customer but sufficient to cover the full value of the Goods if this is not subscribed through Stashed Away the Customer confirms that they have their own insurance in place and Stashed Away is indemnified against any claims by the Customer’s insurers for recourse against Stashed Away. Failure to insure will mean that in the event of loss of or damage to the Goods due to any cause (including gross negligence of Stashed Away) the loss shall be at the risk and account of the Customer
Duty to Insure. MCCO shall obtain and maintain in force a commercial general liability insurance policy covering liability for injury to persons or property occurring in or about the Property (1 million dollars per occurrence). The required insurance shall be obtained from a company lawfully authorized to do business in California. A certificate of insurance evidencing the foregoing and showing OPUD as an additional insured shall be provided to OPUD contemporaneously with the execution of this agreement. XXXX shall forthwith notify OPUD, in writing, with a full description of the facts, circumstances, nature, results, and names and addresses involved about any occurrences on the Property which involve any injury to person or property, and shall provide OPUD promptly with copies of any claims for damages of any sort, including complaints in any court actions involving such claims.
Duty to Insure. During the entire term of the Agreement the Customers shall insure the Goods for losses and damages under an all-risks insurance up to a level selected by the Customer but sufficient to cover the full value of the Goods. Failure to do so will mean that in the event of loss of the Goods due to any cause (including gross negligence of Shurgard) the loss shall be for the risk and account of the Customer. In case such insurance is not subscribed through Shurgard, Customer agrees to obtain such insurance with a reputable insurance company. Such insurance must include a clause for the benefit of Shurgard under which all rights of recourse towards Shurgard, Shurgard’s insurers and co-contractors are waived by the insurer. In addition, Customer shall be under the obligation to provide a certificate of evidence of his/her insurance at the time of concluding the Agreement. As long as such certificate has not been delivered, Customer must subscribe an all-risks insurance policy through Shurgard. Customer will always hold Shurgard, Shurgard’s insurers and co-contractors harmless and indemnified from any claims by the Customer’s insurers for recourse against Shurgard.
Duty to Insure. AAMCCO shall obtain and maintain in force a commercial general liability insurance policy covering liability for injury to persons or property occurring in or about the Property (1 million dollars per occurrence). The required insurance shall be obtained from a company lawfully authorized to do business in California. A certificate of insurance evidencing the foregoing and showing OPUD as an additional insured shall be provided to OPUD contemporaneously with the execution of this agreement. The AAMCCO shall forthwith notify OPUD, in writing, with a full description of the facts, circumstances, nature, results, and names and addresses involved about any occurrences on the Property which involve any injury to person or property, and shall provide OPUD promptly with copies of any claims for damages of any sort, including complaints in any court actions involving such claims.
Duty to Insure. Throughout the Term, at Xxxxxxx'x sole cost and expense, Xxxxxxx shall keep or cause to be kept insured for the mutual benefit of Ameristar and Xxxxxxx as loss payees and with Ameristar as an additional insured, all improvements erected by Xxxxxxx on the Leased Land against loss or damage by fire or such other risks as Ameristar may require. The amount of the insurance shall be sufficient to prevent either Ameristar or Xxxxxxx from becoming a coinsurer under the provisions of the policies, but in no event shall the amount be less than the then actual replacement cost excluding costs of replacing excavations and foundations but without deduction for depreciation (herein called full insurable value). If any dispute whether the amount of insurance complies with the above requirements cannot be resolved by agreement, Ameristar may, not more often than once every twelve (12) months, request the carrier of the insurance then in force to determine the full insurable value, and the resulting determination shall be conclusive between the parties for the purpose of this Section.
Duty to Insure. The Company represents that it presently has in place certain directors' and officers' liability insurance policies covering the directors and officers of the Company and the directors and officers of the directly or indirectly controlled subsidiaries of the Company. Subject only to the provisions within this Section 10, the Company agrees that so long as Indemnitee shall have consented to serve or shall continue to serve as a director or officer of the Company or as a director, manager or officer of a directly or indirectly controlled subsidiary of the Company, or one or more of such positions, or as an Agent of the Company, and thereafter so long as Indemnitee shall be subject to any possible Proceeding (such periods being hereinafter sometimes referred to as the "Indemnification Period"), the Company will use all reasonable efforts to maintain in effect for the benefit of Indemnitee one or more valid, binding and enforceable policies of directors' and officers' liability insurance from established and reputable insurers, providing, in all respects, coverage both in scope and amount which is reasonable in light of the Company's size, operations and market capitalization. Notwithstanding the foregoing, the Company shall not be required to maintain said policies of directors' and officers' liability insurance during any time period if during such period such insurance is not reasonably available, or if it is determined in good faith by the then directors of the Company either that: The premium cost of maintaining such insurance is substantially disproportionate to the amount of coverage provided thereunder; or The protection provided by such insurance is so limited by exclusions, deductions or otherwise that there is insufficient benefit to warrant the cost of maintaining such insurance. Indemnitee as Covered Person. Anything in this Agreement to the contrary notwithstanding, to the extent that and for so long as the Company shall choose to continue to maintain any policies of directors' and officers' liability insurance during the Indemnification Period, the Company shall maintain similar and equivalent insurance for the benefit of Indemnitee during the Indemnification Period (unless such insurance shall be less favorable to Indemnitee than the Company's existing policies).
Duty to Insure. Playzeum Yuba-Xxxxxx shall obtain and maintain in force a commercial general liability insurance policy covering liability for injury to persons or property occurring in or about the Property (1 million dollars per occurrence). The required insurance shall be obtained from a company lawfully authorized to do business in California. A certificate of insurance evidencing the foregoing and showing OPUD as an additional insured shall be provided to OPUD contemporaneously with the execution of this agreement. Playzeum Yuba-Xxxxxx shall forthwith notify OPUD, in writing, with a full description of the facts, circumstances, nature, results, and names and addresses involved about any occurrences on the Property which involve any injury to person or property, and shall provide OPUD promptly with copies of any claims for damages of any sort, including complaints in any court actions involving such claims.
Duty to Insure. Prior to the use of the Lease Area and for the duration of the term of this Lease, Lessee shall maintain the following insurance against liabilities arising out of Lessee’s activities:
