Insurance Obligations — Reinstatement

Description

This AI field captures an obligation to reinstate the premises following damage or destruction of the premises by an insured or uninsured risk, including the right of a landlord to either elect to reinstate or to determine the lease. This AI field does not capture a tenant's obligation to contribute or to lay out monies received where a tenant has vitiated insurance, increased the cost of insurance by any act or default or has effected insurance where it was prohibited from doing so.