LEASED BUILDINGS

Where the Insured (as Lessee) enters or has entered into any lease agreement which contains any covenants or provisions that the Lessee shall be responsible for reinstatement of any parts of the premises following damage thereto by any cause or event insured against by this Policy, and/or the Lessee shall indemnify and/or hold harmless and/or release from liability the Lessor against any such damage, the insurance provided under this Policy shall not be prejudiced by the Insured entering, or having entered, into such agreement and the Insurer shall, subject to the terms, Exclusions and Conditions of the Policy including the limitation on the Insurer’s liability, indemnify the Insured accordingly.

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