Delete existing clauses 6B and 6C and replace with the following:
Repair and Upkeep
6B Save to the extent that any of the Company's obligations are the responsibility of the [Contractor] (as defined in the Project Agreement), the Company shall keep the Land clean and tidy and make good any damage it causes to the Land and / or any deterioration to the condition of the Land that may arise from the date of this Agreement.
Insurance
6C.1 Where there is no Project Agreement subsisting, the Company shall:-
a) keep the Land insured with a reputable insurance office against loss or damage by the Insured Risks in the sum the Company is advised represents the reinstatement value of the Land from time to time;
b) pay the premiums for insurance promptly as they become due and maintain in force the policies of insurance on the Land;
c) following the incidence of damage to or destruction of the Land and subject to receipt of all necessary consents licences permissions and the like apply the proceeds of the policy of the insurance received for those purposes in rebuilding and reinstating the Land (provided that this clause should be satisfied if the Company provides premises not necessarily identical to the Land as the same existing prior to such damage or destruction occurring) as soon as may be reasonably practicable;
d) produce to the Secretary of State a copy of the insurance policy whenever reasonably requested and the receipt for the last or other evidence of renewal and up to date details of the amount of cover (but no more often than once in any period of 12 months in both cases); and
e) insure against liability in respect of property owners’ and third party risks including occupiers liability.
6C.2 The Company shall not knowingly do anything whereby any policy of insurance relating to the Land may become void or voidable.
Amend clause 6D (Transfer of Land on Termination of this Agreement) by adding the words "(subject to any restrictions contained in the Project Agreement)" immediately after the words "to transfer the said land pursuant to Schedule 1 to the Academies Act 2010".