Common use of Policies and Endorsements Clause in Contracts

Policies and Endorsements. A. Where permitted, all insurance provided for under this Article XII shall name Lessee as insured, and Manager, any Holder, the Landlords, and, if required, the Franchisors, as additional insureds. The party procuring such insurance shall deliver to the other party certificates of insurance with respect to all policies so procured, including existing, additional and renewal policies and, in the event of insurance about to expire, shall deliver certificates of insurance with respect to the renewal policies not less than ten (10) days prior to the respective dates of expiration.

Appears in 10 contracts

Samples: Management Agreement, Management Agreement (Ashford Hospitality Prime, Inc.), Management Agreement (Braemar Hotels & Resorts Inc.)

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Policies and Endorsements. A. Where permitted, all insurance provided for under this Article XII shall name Lessee as “named insured, and Manager, any Holder, the Landlords, and, if required, the Franchisors, as additional insureds. The party procuring such insurance shall deliver to the other party certificates of insurance with respect to all policies so procured, including existing, additional and renewal policies and, in the event of insurance about to expire, shall deliver certificates of insurance with respect to the renewal policies not less than ten (10) days prior to the respective dates of expiration.

Appears in 4 contracts

Samples: Master Project Management Agreement (Ashford Hospitality Trust Inc), Management Agreement (Braemar Hotels & Resorts Inc.), Management Agreement (Ashford Inc.)

Policies and Endorsements. A. (a) Where permitted, all insurance provided for under this Article XII shall name Lessee as insured, and Manager, any Holder, the Landlords, and, if required, the Franchisors, as additional insureds. The party procuring such insurance shall deliver to the other party certificates of insurance with respect to all policies so procured, including existing, additional and renewal policies and, in the event of insurance about to expire, shall deliver certificates of insurance with respect to the renewal policies not less than ten (10) days prior to the respective dates of expiration.

Appears in 3 contracts

Samples: Hotel Master Management Agreement (MHI Hospitality CORP), Management Agreement, Master Management Agreement (MHI Hospitality CORP)

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Policies and Endorsements. A. (a) Where permitted, all insurance provided for under this Article XII shall name Lessee as insured, and Manager, any Holder, the LandlordsLandlord, and, if required, the FranchisorsFranchisor, as additional insureds. The party procuring such insurance shall deliver to the other party certificates of insurance with respect to all policies so procured, including existing, additional and renewal policies and, in the event of insurance about to expire, shall deliver certificates of insurance with respect to the renewal policies not less than ten (10) days prior to the respective dates of expiration.

Appears in 1 contract

Samples: Master Agreement (Sotherly Hotels Lp)

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