Common use of All Risk Insurance Clause in Contracts

All Risk Insurance. During the Term Landlord shall maintain all risk or causes of loss - special form property insurance, including inflation endorsement, sprinkler leakage endorsement, at Landlord's option, earthquake and flood coverage, on the Building, excluding coverage of all Tenant's Personal Property located on or in the Premises, but including the Tenant Improvements. Such insurance shall also include insurance against loss of rents on an "All Risk" basis, including, at Landlord's option, earthquake and flood, in an amount equal to the Monthly Rent and Additional Rent, and any other sums payable under the Lease, for a period of twelve (12) months commencing on the date of loss. Such insurance shall name Landlord and its Agents as named insureds and include a lender's loss payable endorsement in favor of Landlord's lender (Form 438 BFU Endorsement). Tenant shall reimburse Landlord monthly, as Additional Rent, on the first day of each calendar month of the Term, one-twelfth (1/12th) of the annual premiums for such insurance, prorated for any partial month, or on such other periodic basis as Landlord shall elect. Landlord shall provide Tenant with appropriate documentation evidencing the premium costs for such insurance. If the insurance premiums are increased after the Commencement Date due to an increase in premium rates, an increase in the valuation of the Building or its replacement cost, Tenant shall pay such increase within ten (10) days of notice of such increase and receipt of appropriate documentation evidencing such increased insurance premiums.

All Risk Insurance. During the Term Landlord shall maintain all risk “All Risk” or causes of loss - – special form property insurance, including inflation endorsement, sprinkler leakage endorsement, and flood coverage; also including, at Landlord's ’s option, earthquake and flood coverage, coverage on the Building, excluding coverage of all Tenant's ’s Personal Property located on or in the PremisesBuilding, but including the Tenant Improvements. Such insurance shall also include insurance against loss of rents on an "all “All Risk" ” basis, including, at Landlord's option, including earthquake and flood, in an amount equal to the Monthly Rent and Additional Rent, and any other sums payable under the Lease, for a period of at least twelve (12) months commencing on the date of loss. Such insurance shall name Landlord and its Agents as named insureds and include a lender's ’s loss payable endorsement in favor of Landlord's ’s lender (Form 438 BFU Endorsement). Tenant shall reimburse Landlord monthly, as Additional Rent, on the first day of each calendar month of the Term, for Tenant’s Percentage of one-twelfth (1/12th) of the annual premiums for cost of such insurance, prorated for any partial month, or on such other periodic basis as Landlord shall elect. Landlord shall provide Tenant with appropriate documentation evidencing the premium costs for such insurance. If the insurance premiums are increased after the Commencement Date due to an increase in premium rates, an increase in the valuation of the Building or its replacement cost, Tenant shall pay such increase within ten twenty (1020) days of notice of such increase and receipt increase. Landlord shall have the right to insure the Building on a policy that includes other buildings. In such case, Tenant shall pay a percentage of appropriate documentation evidencing such increased insurance premiumspolicy cost determined by dividing the square footage of the Building by the square footage of all buildings covered by such policy.