Earthquake Coverage Sample Clauses

Earthquake Coverage. In the event of an earthquake that causes damage to the Work, AASDI shall be required to pay the amount necessary to restore the Work to its condition prior to the earthquake. This obligation applies whether earthquake insurance is in place, is required pursuant to the Contract Documents, or is inadequate to cover the loss.
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Earthquake Coverage. 5. General Liability
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Earthquake Coverage. Earthquake coverage shall include coverage for movement, earthquakes, shocks, tremors, landslides, mine subsidence, volcanic activity, sinkhole coverage, or any other earth movement, all whether direct or indirect, approximate or remote or in whole or in part caused by, contributed to or aggravated by any physical damage insured against by such policy regardless of any other cause or event that contributes, concurrently or in sequence, to the loss.
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Earthquake Coverage. Earthquake coverage is required if property is located in a known seismic zone (i.e., Xxxxxxx Xxxxxx zone in California), and shall be based on a one hundred percent (100%) replacement cost basis, with a maximum ten percent (10%) deductible. If there is a Coinsurance Clause, a Replacement Cost Endorsement and an Agreed Amount Endorsement are required.* A Seismic report and A Probable Maximum Loss Study will be required to be provided by a consultant approved by PPM. We also require an Earthquake Causes of Loss Endorsement and a sprinkler leakage Endorsement. Mortgagee should be shown as Mortgagee or Mortgage Holder.
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Earthquake Coverage. Landlord hereby represents that the holder of the first deed of trust on the Building, Citicorp Real Estate, Inc. (“CRE”) is requiring Landlord to obtain a policy of insurance covering the risk of earthquake damage to the Building (“CRE’s Requirement”). Accordingly, Landlord will, to the extent available, obtain and maintain in full force and effect a policy of insurance covering earthquake damage to the Building (the “Earthquake Policy”). Notwithstanding anything to the contrary set forth in this Section 10.2.3, Tenant shall only be responsible to pay Tenant’s Earthquake Insurance Contribution if (i) CRE or any subsequent holder of a first deed of trust on the Building (the “Subsequent Lender”) requires Landlord to carry the Earthquake Policy, and Tenant receives written evidence from CRE or any Subsequent Lender regarding CRE’s Requirement or the requirement of a Subsequent Lender, respectively, and (ii) Tenant receives a copy of the Earthquake Policy and the invoice for the premium for the Earthquake Policy.
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Earthquake Coverage. -29- TISHMAN WARNER CENTER VENTURE, LLC [20th Century Industries; 6303 Owensmouth]
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Related to Earthquake Coverage

  • Earthquake Insurance If Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor, then as a condition of Lessor agreeing to waive the requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, an amount not to exceed Forty Seven Thousand Eight Hundred and Thirty Three Dollars ($47,833) per year.

  • Earthquake including land shock waves or tremors before, during or after a volcanic eruption;

  • Builder’s Risk Insurance Contractor shall provide a Builder’s Risk Policy to be made payable to the Owner and Contractor, as their interests may appear. The policy amount should be equal to 100% of the Contract Sum, written on a Builder’s Risk “All Risk”, or its equivalent. The policy shall be endorsed as follows: The following may occur without diminishing, changing, altering or otherwise affecting the coverage and protection afforded the insured under this policy:

  • Insurance Coverages The Contractor shall procure and maintain, at its sole cost and expense, in a form and content satisfactory to City, during the entire term of this Agreement including any extension thereof, the following policies of insurance which shall cover all elected and appointed officers, employees and agents of City:

  • Coverage i) It is expected that both job sharers will cover each other's incidental illnesses. If, because of unavoidable circumstances, one cannot cover the other, the unit supervisor must be notified to book coverage. Job sharers are not required to cover for their partner in the case of prolonged or extended absences.

  • Public Liability Insurance which will provide indemnity against the insured parties legal liability in the event of accidental death of or injury to third party persons and/or accidental loss of or damage to third party property arising directly from the execution of the contract with a limit of indemnity of R 100 million in respect of all claims arising from any one occurrence or series of occurrences consequent on or attributable to one source or original cause. The policy will be subject to a Deductible of R25 000 for Property Damage claims only but R250 000 where Loss or Damage involves Aircraft.

  • Comprehensive General Liability Insurance The Lessee shall procure and maintain a valid Comprehensive General Liability Insurance indemnifying the Lessor with minimum coverage of $ for personal injury and $ for damage to property.

  • Public Liability and Property Damage Insurance A. During the term of this Agreement, Contractor shall at all times maintain, at its expense, the following coverages and requirements. The comprehensive general liability insurance shall include broad form property damage insurance.

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

  • General Liability Insurance The Contractor must secure and maintain Commercial General Liability Insurance, including bodily injury, property damage, products, personal and advertising injury, and completed operations. This insurance must provide coverage for all claims that may arise from performance of the Contract or completed operations, whether by the Contractor or anyone directly or indirectly employed by the Contractor. Such insurance must include the State of Florida as an additional insured for the entire length of the resulting contract. The Contractor is responsible for determining the minimum limits of liability necessary to provide reasonable financial protections to the Contractor and the State of Florida under the resulting contract.

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