Delay in Remitting Insurance Money to Landlord Doesn't Make Tenancy a Holdover

What Happened: Winter Storm Uri devastated a commercial building six weeks before the lease was due to expire. The lease required the tenant to carry commercial general liability insurance on the property, name the landlord as an additional insured, and remit the insurance proceeds to the landlord. The tenant submitted a claim for the damages and paid rent through the end of the lease term before vacating the building. But because it hadn’t yet remitted any insurance proceeds, the landlord treated the tenant as a holdover.