All Risk Coverage Sample Clauses

All Risk Coverage. During the Lease Term, Landlord shall maintain insurance covering loss or damage to the Premises (excluding Tenant's Alterations, fixtures, equipment and personal property), insuring against any or all risks of physical loss (and including, at Landlord's option, flood and earthquake coverage), with the scope and amounts of such coverage as determined by Landlord. Said insurance shall provide for payment of loss thereunder to Landlord or to the holder of a first mortgage or deed or trust on Premises. Landlord may also maintain during the Lease Term, at Tenant's expense, a policy of rental income insurance covering a period of one year, with loss payable to Landlord.

All Risk Coverage. The Builder's All‐Risk Policy must cover: (i) losses arising from causes that include, without limitation, fires, windstorms, lightening, explosions, theft, earth movement, collapse, and water damage; (ii) costs associated with clean‐up, demolition, repair or other correction of covered losses, including, without limitation, fees for necessary architectural, engineering and other professional services; and (iii) all ensuing or consequential losses attributable to causes of loss excluded under the Builder's All‐Risk Policy, including, without limitation, faulty design or workmanship. The Builder's All‐Risk Policy must be endorsed for extended coverage, vandalism, malicious mischief, and theft, including theft of materials not then incorporated into the Work. Any exclusion of losses attributable to faulty design or workmanship shall not exceed the total costs the District would have incurred to repair or otherwise correct the fault if it had been discovered prior to the loss having occurred.

All Risk Coverage. Tenant shall provide insurance coverage during the Term against loss or damage by fire and such other risks as are from time to time included in an "all risk" policy (including without limitation sprinkler leakage and water damage), insuring the full replacement cost of any Tenant Extra Improvements, any Alterations and Tenant's Personal Property.

All Risk Coverage. At all times during the Term, Landlord shall procure and maintain in full force and effect with respect to the Project, a policy or policies of all risk insurance (including sprinkler, vandalism and malicious mischief coverage, and any other endorsements required by the holder of any fee or leasehold mortgage) in an amount equal to one hundred percent (100%) of the full replacement value (replacement cost new, including debris removal, and demolition) thereof and any other insurance Landlord reasonably deems necessary, including, but not limited to, boiler and machinery insurance. If the annual premiums charged Landlord for such casualty insurance exceed the standard premium rates because the nature of Tenant's operations results in increased exposure, then Tenant shall, upon receipt of appropriate premium invoices, reimburse Landlord for such increased amount. Landlord shall also keep and maintain, by endorsement to its all risk insurance or by a separate policy , rental abatement insurance insuring against abatement or loss of Rent in case of fire or other casualty insured against by a standard "all risk" policy, in an amount at least equal to the amount of the Rent payable by Tenant during one (1) year next ensuing, as reasonably determined by Landlord. At all times during the Term, Tenant shall procure, pay for and maintain in full force and effect a similar policy of insurance, naming Landlord and Managing Agent as an additional insured with respect to property of every description and kind owned by Tenant upon the Premises or the Building, or for which Tenant is legally liable, including, without limitation, trade fixtures, furniture, equipment and other personal property, and all tenant improvements owned or installed by or on behalf of Tenant (but not with respect to those owned constructed by and owned by Landlord and defined in the Work Letter as Tenant's Improvement Work) insuring one hundred percent (100%) of the full replacement value of said property and tenant improvements. Any policy proceeds shall be used for the repair and replacement of the property damaged or destroyed unless this Lease shall cease and terminate under the provisions on excessive damage or destruction set forth in Section 10.04

All Risk Coverage. Vendor shall, at Vendor’s expense, carry and maintain at all times, and for as long as any item of Vendor’s property is in transit, or in the care, custody, or control of Nextel, a policy or policies covering loss, or destruction of, or damage to any item of Vendor’s property in the amount of the full replacement value thereof providing protection against all perils normally covered in an “all risk” physical damage insurance policy. Vendor shall cause its “all risk” physical damage insurers to waive all rights of subrogation against Nextel, its Affiliates, and their respective directors, officers, agents, and employees for any loss, or destruction of, or damage to any item of Vendor’s property, which is covered by insurance pursuant to this Section 14.10.

All Risk Coverage. The Vendor is responsible for any loss or damage whatsoever to any of its' materials, goods, equipment or supplies and will maintain appropriate all-risk coverage as any prudent owner of such materials, goods, supplies and equipment.

All Risk Coverage. The Tenant, without expense to the Landlord, shall obtain and keep in force or cause to be obtained and kept in force throughout the Term All Risk property insurance, including coverage for floods and earthquakes, and such other coverage as the Landlord may reasonably require, on all buildings, improvements and equipment located on the Lands and Premises. The amount of such insurance shall be the full replacement value of all buildings, improvements and equipment on the Lands and Premises. Without limiting the generality of the foregoing, the Tenant waives as against the Landlord, and those for whom it is responsible in law, each claim and demand of every nature whatsoever for damage, loss or injury to the buildings, improvements and equipment upon the Lands and Premises and to property of the Tenant in, upon or about the Lands and Premises which shall be caused by or result from fire or other perils, events or happenings which ought to have been covered by insurance pursuant to this paragraph whether or not such claim or demand is covered by insurance.

All Risk Coverage. For purposes of this Contract, Builder’s Risk coverage is required and Installation Floater is required. The DESIGN‐BUILDER shall provide coverage which includes the following minimum requirements: i. All Risk coverage shall be issued by insurance company(s) approved by the State of Florida Department of Insurance and acceptable to the TAX COLLECTOR. Coverages and endorsements must be on forms acceptable to the TAX COLLECTOR. The premium for this insurance shall be paid for by the DESIGN‐BUILDER as part of the GMP, with any deductibles being the sole responsibility of the DESIGN‐BUILDER. ii. If both Builder’s Risk and Installation Floater have been specified, no more than one deductible per occurrence shall apply. Maximum deductible per occurrence shall be as specified in the All Risk policy. iii. Limit of coverage shall be 100% of the completed value of any building(s) or structure(s), or 100% of the value of the equipment to be installed, as appropriate; and Installation Floater coverage shall also provide for coverage of the installed equipment, including labor and materials, prior to final completion of the PROJECT. iv. Waiver of Occupancy Clause or Warranty: Policy must be specifically endorsed to eliminate any “occupancy clause” or similar warranty or representation that the building(s) or structure(s) will not be occupied.

All Risk Coverage. City shall, at its sole cost and expense, maintain during the entire term of this Lease, and any renewals or extensions thereof, all-risk property insurance covering the building and other improvements on the Premises providing protection against any peril generally included within the classification of “Fire and Extended Coverage”. Museum agrees to assume the City’s deductible for this coverage, not to exceed five thousand dollars ($5,000.00) per claim. Museum agrees to maintain, at Museum’s expense, an insurance policy to insure the contents and non-attached tenant improvements ("personal property") acquired or maintained by the Museum throughout the term of this Lease or any extension thereof.