Cancellation of Insurance or Reduction in Coverage. Tenant agrees that it, its employees, agents, occupants and invitees will not keep in or upon the Demised Premises any article or substance which may be prohibited by the insurance policies mentioned above, or do or omit, or permit to be done or omitted anything which will cause the cancellation of any insurance policy. If any insurance policy should be cancelled or the coverage reduced or a threat of cancellation or reduction of coverage made by reason of anything arising out of the use or occupation of the Demised Premises by Xxxxxx, whether or not the first sentence of this section has been complied with, and if Tenant fails to remedy the condition giving rise to such cancellation, reduction or threat, upon ten (10) days' notice thereof by the Landlord, the Landlord may enter the Demised Premises and remedy the condition at the sole cost and expense of Tenant which cost and/or expense shall be payable to the Landlord forthwith on demand as rent in arrears, and in addition or in the alternative, may exercise any other remedy available to it.
Cancellation of Insurance or Reduction in Coverage. (1) If the Subtenant fails to take out or to keep in force any insurance referred to in this Section, or should any insurance not be approved by the Sublandlord and should the Subtenant not rectify the situation within forty eight (48) hours after notice by the Sublandlord (stating if the Sublandlord does not approve of such insurance, the reasons therefore) the Headlandlord or Sublandlord may, without any obligation and without prejudice to any other rights and remedies of the Sublandlord under this Sublease: (a) take out the insurance at the Subtenant's expense, payable on demand; (b) enter the Demised Premises and remedy the condition at the sole cost and expense of Subtenant which cost and/or expense shall be payable to the Sublandlord forthwith on demand as rent in arrears; and/or (3) may exercise any other remedy available to it.
