Common use of Business Interruption Insurance Clause in Contracts

Business Interruption Insurance. The insurance policies shall protect Tenant and Landlord as their interests may appear, naming Landlord and Landlord's managing agent and mortgagee as additional insureds, and shall provide that they may not be canceled on less than thirty (30) days' prior written notice to Landlord. Tenant shall furnish Landlord with Certificates of Insurance evidencing all required coverages on or before the Commencement Date. If Tenant fails to carry such insurance and furnish Landlord with such Certificates of Insurance after a request to do so, Landlord may obtain such insurance and collect the cost thereof from Tenant.

Appears in 12 contracts

Samples: Lease Agreement (Zix Corp), Lease Agreement (Hat World Corp), Lease Agreement (Mim Corp)

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Business Interruption Insurance. The insurance policies shall protect Tenant and Landlord as their interests may appear, naming Landlord and Landlord's ’s managing agent and mortgagee as additional insureds, and shall provide that they may not be canceled on less than thirty (30) days' prior written notice to Landlord. Tenant shall furnish Landlord with Certificates of Insurance evidencing all required coverages on or before the Commencement Date. If Tenant fails to carry such insurance and furnish Landlord with such Certificates of Insurance after a request to do so, Landlord may obtain such insurance and collect the cost thereof from Tenant.

Appears in 4 contracts

Samples: Lease Agreement (Eschelon Telecom Inc), Lease Agreement (Design Within Reach Inc), Lease Agreement (Novavax Inc)

Business Interruption Insurance. The insurance policy or policies shall protect Tenant and Landlord as their interests may appear, naming Landlord and Landlord's managing agent and mortgagee as additional insureds, and shall provide that they may not be canceled cancelled on less than thirty (30) days' days prior written notice to Landlord. Tenant shall furnish Landlord with Certificates of Insurance evidencing all required coverages on or before the Commencement Datecoverage. If Should Tenant fails fail to carry such insurance and furnish Landlord with such Certificates of Insurance after a request to do so, Landlord may shall have the right to obtain such insurance and collect the cost thereof from TenantTenant as additional rent.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Universal Electronics Inc), Lease Agreement (Virtualsellers Com Inc)

Business Interruption Insurance. The insurance policies shall protect Tenant and Landlord as their interests may appear, naming Landlord and Landlord's managing agent and mortgagee as additional insureds, and shall provide that they may not be canceled on less than thirty (30) days' prior written notice to Landlord. Tenant shall furnish Landlord with Certificates of Insurance evidencing all required coverages on or before the Commencement Datecoverage. If Tenant fails to carry such insurance and furnish Landlord with such Certificates of Insurance after a request to do so, Landlord may obtain such insurance and collect the cost thereof from Tenant.

Appears in 2 contracts

Samples: Lease Agreement (Medgenesis Inc), Lease Agreement (Medgenesis Inc)

Business Interruption Insurance. The Tenant's commercial liability insurance policies shall protect Tenant and Landlord as their interests may appear, naming Landlord and Landlord's managing agent and mortgagee as additional insureds, and shall provide that they may not be canceled on less than thirty (30) days' prior written notice to Landlord. Tenant shall furnish Landlord with Certificates of Insurance evidencing all required coverages on or before the Commencement Date. If Tenant fails to carry such insurance and insurance, or fails to furnish Landlord with such Certificates of Insurance within thirty (30) days after a request to do so, Landlord may obtain such insurance and collect the cost thereof from Tenant.

Appears in 1 contract

Samples: Lease Agreement (Superconductive Components Inc)

Business Interruption Insurance. The insurance policies shall protect Tenant and Tenxxx xxd Landlord as their interests may appear, naming Landlord and Landlord's managing agent and mortgagee as additional insureds, and shall provide that they may not be canceled on less than thirty (30) days' prior written notice to Landlord. Tenant shall furnish Landlord with Certificates of Insurance evidencing all required coverages on or before the Commencement Date. If Tenant fails to carry such insurance and furnish Landlord with such Certificates of Insurance after a request to do so, Landlord may obtain such insurance and collect the cost thereof from Tenant.such

Appears in 1 contract

Samples: Lease Agreement (Bisys Group Inc)

Business Interruption Insurance. The insurance policy or policies shall protect Tenant and Landlord as their interests may appear, naming Landlord and Landlord's managing agent and mortgagee mortgages as additional insureds, and shall provide that they may not be canceled on less than thirty (30) days' days prior written notice to Landlord. Tenant shall furnish Landlord with Certificates of Insurance evidencing all required coverages on or before the Commencement Datecoverage. If Should Tenant fails fail to carry such insurance and furnish Landlord with such Certificates of Insurance after a request to do so, Landlord may shall have the right to obtain such insurance and collect the cost thereof from TenantTenant as additional rent.

Appears in 1 contract

Samples: Lease Agreement (Centra Financial Holdings Inc)

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Business Interruption Insurance. The insurance policies shall protect Tenant and Landlord as their interests may appear, naming Landlord and Landlord's ’s managing agent and mortgagee as additional insureds, and shall provide that they may not be canceled on less than thirty (30) days' prior written notice to Landlord. Tenant shall furnish Landlord with Certificates of Insurance evidencing all required coverages on or before the Commencement Date. If Tenant fails to carry such insurance and furnish Landlord with such Certificates Certificate of Insurance after a request to do so, Landlord may obtain such insurance and collect the cost thereof from Tenant.

Appears in 1 contract

Samples: Lease Agreement (Xenogen Corp)

Business Interruption Insurance. The insurance policies shall protect Tenant and Landlord as their interests may appear, naming naming, Landlord and Landlord's managing agent and mortgagee as additional insureds, and shall provide that they may not be canceled on less than thirty (30) days' prior written notice to Landlord. Tenant shall furnish Landlord with Certificates of Insurance evidencing all required coverages on or before the Commencement Date. If Tenant fails to carry such insurance and furnish Landlord with such Certificates of Insurance within fifteen (15) days after a request to do so, Landlord may obtain such insurance and collect the reasonable cost thereof from Tenant.

Appears in 1 contract

Samples: Industrial Lease Agreement (Nucleus Inc)

Business Interruption Insurance. The insurance policies shall protect Tenant and Landlord as their interests may appear, naming Landlord and Landlord's managing agent and mortgagee as additional insureds, and shall provide that they may not be canceled on less than thirty (30) days' days prior written notice to Landlord. Tenant shall furnish Landlord with Certificates of Insurance evidencing all required coverages on or before the Commencement Date. If Tenant fails to carry such insurance and furnish Landlord with such Certificates of Insurance after a request to do so, Landlord may obtain such insurance and collect the cost thereof from Tenant.

Appears in 1 contract

Samples: Lease Agreement (Pets Com Inc)

Business Interruption Insurance. The insurance policies shall protect Tenant and Landlord as their interests may appear, naming Landlord and Landlord's managing agent and mortgagee as additional insuredsinsureds on the liability policy only, and shall provide that they may not be canceled on less than thirty (30) days' prior written notice to Landlord. Tenant shall furnish Landlord with Certificates of Insurance evidencing all required coverages on or before the Commencement Date. If Tenant fails to carry such insurance and furnish Landlord with such Certificates of Insurance after a request to do so, Landlord may obtain such insurance and collect the cost thereof from Tenant.

Appears in 1 contract

Samples: Lease Agreement (Catapult Communications Corp)

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