Insurance Obligations — Tenant’s Obligations

Description

This AI field captures a tenant’s negative insurance covenants, obligation to comply with requirements and recommendations of an insurer, obligation to vacate the premises following an insurance event, obligation to contribute to reinstatement or make payment to a landlord in the event of vitiation of insurance, and obligation to make payment to a landlord where a tenant effects separate insurance. This AI field does not capture obligations to insure plate glass and third-party insurance.