Notices; Certificates and Policies Clause Samples
The "Notices; Certificates and Policies" clause establishes the requirements and procedures for delivering formal communications, as well as providing necessary certificates and insurance policies between parties to an agreement. Typically, it specifies acceptable methods of notice delivery (such as email or registered mail), the addresses to which notices must be sent, and the timing for when notices are considered effective. Additionally, it may require one party to furnish certificates of insurance or policy documents as proof of compliance with contractual obligations. This clause ensures that all parties are properly informed and that documentation is provided in a timely and verifiable manner, thereby reducing the risk of misunderstandings or disputes regarding communication and compliance.
Notices; Certificates and Policies. The Lessee shall promptly provide to the Lessor copies of any and all notices (including notice of non-renewal), claims and demands which the Lessee receives from insurers of the Leased Property. At least ten (10) days prior to the expiration of any insurance policy required hereunder, the Lessee shall deliver to the Lessor certificates and evidence of insurance relating to all renewals and replacements thereof, together with evidence, satisfactory to the Lessor, of payment of the premiums thereon. The Lessee shall deliver to the Lessor original counterparts or copies certified by the insurance company to be true and complete copies, of all insurance policies required hereunder not later than the earlier to occur of (a) ninety (90) days after the effective date of each such policy and (b) ten (10) days after receipt thereof by the Lessee.
Notices; Certificates and Policies. The Borrower shall promptly provide to the Lender copies of any and all notices (including notice of non-renewal), claims and demands which the Borrower receives from insurers of the Mortgaged Property. At least ten (10) days prior to the expiration of any insurance policy required hereunder, the Borrower shall deliver to the Lender certificates and evidence of insurance relating to all renewals and replacements thereof, together with evidence, satisfactory to the Lender, of payment of the premiums thereon. The Borrower shall deliver to the Lender original counterparts or copies certified by the insurance company to be true and complete copies, of all insurance policies required hereunder not later than the earlier to occur of (A) thirty (30) days after the effective date of each such policy and (B) ten (10) days after receipt thereof by the Borrower.
Notices; Certificates and Policies. Lessee shall promptly provide to Lessor copies of any and all notices (including notice of non-renewal), claims and demands which Lessee receives from insurers of the Leased Property. At least ten (10) days prior to the expiration of any
Notices; Certificates and Policies. Lessee shall promptly provide to Lessor copies of any and all notices (including notice of non-renewal), claims and demands which Lessee receives from insurers of the Leased Property. At least ten (10) days prior to the expiration of any insurance policy required hereunder, Lessee shall deliver to Lessor certificates and evidence of insurance relating to all renewals and replacements thereof, together with evidence, satisfactory to Lessor, of payment of the premiums thereon. Lessee shall deliver to Lessor original counterparts copies certified by the insurance company to be true and complete copies, of all insurance policies required hereunder within ten (10) days after receipt thereof by Lessee. Further, Lessee shall not materially modify any coverages required above without at least thirty (30) days prior written notice to Lessor.