Common use of TYPES OF POLICIES Clause in Contracts

TYPES OF POLICIES. All insurance provided for in this Section 26 shall be effected under valid and enforceable policies, in such forms and, where not expressly provided for above, in such amounts, as may from time to time be reasonably satisfactory to Landlord or Landlord’s Mortgagee and which at the time are customary for buildings and/or in the case of premises similarly situated, due regard being or to be given to the height or type of building, its location, construction, use and occupancy, issued by insurers with general policyholder’s rating of not less than A as rated in the most current available “Best’s Insurance Reports” qualified to do business in the State of New York. Within thirty (30) days after obtaining any such insurance, Tenant shall cause a certificate thereof to be delivered to Landlord and/or Landlord’s Mortgagee.

Appears in 1 contract

Sources: Asset Purchase Agreement (Cellu Tissue Holdings, Inc.)

TYPES OF POLICIES. All insurance provided for in this Section 26 shall be effected under valid and enforceable policies, in such forms and, where not expressly provided for above, in such amounts, as may from time to time be reasonably satisfactory to Landlord or Landlord’s Mortgagee and which at the time are customary for buildings and/or in the case of premises similarly situated, due regard being or to be given to the height or type of building, its location, construction, use and occupancy, issued by insurers with general policyholder’s rating of not less than A as rated in the most current available “Best’s Insurance lnsurance Reports” qualified to do business in the State of New York. Within thirty (30) days after obtaining any such insurance, Tenant shall cause a certificate thereof to be delivered to Landlord and/or Landlord’s Mortgagee.

Appears in 1 contract

Sources: Asset Purchase Agreement (Cellu Tissue Holdings, Inc.)