Building Insurance. 1. Free Zone client are required to have their premises insured against Fire and Perils, ad per the Lease Agreement. 2. For Premises erected by the Client, the Client shall be responsible for arranging the insurance, which shall be in the joint names of the Client Company and the Fee Zone Authority, The Policy shall be sufficient to cover clearance and replacement costs of the structure, fixtures and fittings. The Policy must be presented before the building Completion Certificate can be issued.
Appears in 3 contracts
Sources: Insurance Agreement, Insurance Agreement, Insurance Agreement