Common use of Boiler and Machinery Coverage Clause in Contracts

Boiler and Machinery Coverage. At Landlord's option, Landlord may maintain, at Tenant's expense, boiler broad form insurance, if applicable, in the amount of One Hundred Fifty Thousand Dollars ($150,000) in the name of Landlord. Tenant shall pay the premium therefor, or its share thereof equitably determined by Landlord if the Premises are a part of a multi-tenant building.

Appears in 1 contract

Samples: Standard Industrial Gross Lease (Sequenom Inc)

AutoNDA by SimpleDocs

Boiler and Machinery Coverage. At Landlord's option, Landlord may maintain, at Tenant's expense, boiler broad form insurance, if applicable, in the amount of One Hundred Fifty Thousand Dollars ($150,000) in the name of Landlord. Tenant shall pay the premium therefortherefore, or its share thereof equitably determined by Landlord if the Premises are a part of a multi-multi tenant building.

Appears in 1 contract

Samples: Standard Industrial Gross Lease (Inland Entertainment Corp)

Boiler and Machinery Coverage. At Landlord's option, Landlord may maintain, at Tenant's expense, boiler broad form insurance, if applicable, in the amount of One Hundred Fifty Thousand Dollars ($150,000) in the name of Landlord. Tenant shall pay the premium therefor, or its share thereof equitably determined by Landlord if it the Premises are a part of a multi-tenant building.

Appears in 1 contract

Samples: Standard Industrial Gross Lease (Scripps Financial Corp)

Boiler and Machinery Coverage. At Landlord's optionIf applicable, Landlord may maintain, at Tenant's expense, boiler broad form insurance, if applicable, in the amount of One Hundred Fifty Thousand Dollars ($150,000) in the name of Landlord. Tenant shall pay the premium therefor, or its share thereof equitably determined by Landlord if the Premises are a part of a multi-tenant building.

Appears in 1 contract

Samples: Standard Industrial Net Lease (Avanir Pharmaceuticals)

AutoNDA by SimpleDocs

Boiler and Machinery Coverage. At Landlord's ’s option, Landlord may maintain, at Tenant's ’s expense, boiler broad form insurance, if applicable, in the amount of One Hundred Fifty Thousand Dollars ($150,000) in the name of Landlord. Tenant shall pay the premium therefortherefore, or its share thereof equitably determined by Landlord if the Premises are a part of a multi-tenant building.

Appears in 1 contract

Samples: Standard Industrial Lease (Brooks Automation Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!