Common use of COMPLIANCE WITH LAWS AND INSURANCE REQUIREMENTS Clause in Contracts

COMPLIANCE WITH LAWS AND INSURANCE REQUIREMENTS. (a) Lessee shall, at its sole expense (regardless of the cost thereof), comply with all Applicable Laws and Other Requirements (including, without limitation, Environmental Laws) pertaining to the Leased Premises or the Improvements or Equipment and Lessee’s use and occupancy thereof. Lessee and Lessor shall each give prompt notice to the other party of any written notice it receives from any Governmental Entity of any alleged violation of any Applicable Laws and Other Requirements with respect to the Leased Premises or the Improvements or Equipment and the use or occupancy thereof. Lessee’s obligations under this Section 6.5 apply whether or not any Governmental Entity has initiated or threatened action or litigation to enforce any Applicable Laws and Other Requirements. Lessee shall not do and, to the extent reasonably possible with the exercise of all reasonable best efforts, shall not permit or condone, any act or omission on the Leased Premises or the Improvements or Equipment, which subjects Lessor to any liability or responsibility for injury to persons, damage to property or to any other liability by reason of the violation of Applicable Laws and Other Requirements. (b) Lessee will not use or permit the Leased Premises or the Improvements or Equipment to be used for any purpose or in any manner that would void or make voidable any Lessee’s or Lessor’s insurance, violate any applicable insurance company regulations or requirements, increase the insurance risk with respect to the Leased Premises or the Property, or cause the disallowance of any sprinkler credits. Following the Effective Date, if any increase in the cost of Lessor’s insurance on the Leased Premises or the Property is caused by Lessee’s change in use or occupancy of the Leased Premises, or failure to comply with the foregoing provisions of this Section 6.5(b), then Lessee shall pay the entire amount of such increase to Lessor as Additional Rent.

Appears in 1 contract

Samples: Lease Agreement (Arconic Inc.)

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COMPLIANCE WITH LAWS AND INSURANCE REQUIREMENTS. (a) Lessee shall8.1. The Premises shall be delivered to Tenant on the Commencement Date in compliance with all applicable Laws. Tenant, at its sole expense (regardless of the cost thereof)but subject to Landlord’s obligations set forth in Section 8.5 below, shall comply with all Applicable Laws and Other Requirements (at any time duly issued or in force, applicable to the Premises or any part thereof or to Tenant’s use thereof, including, without limitationlimitation the Americans with Disabilities Act; however, Environmental Laws) pertaining Tenant shall have no obligation to cure or correct any illegal condition or violation in existence on the Leased Premises Commencement Date and any such condition or the Improvements or Equipment violation shall be immediately cured and Lessee’s use and occupancy corrected by Landlord upon receipt of notice thereof. Lessee and Lessor The foregoing obligation shall each give prompt notice to the other party of include, but not be limited to, compliance with all Laws which shall impose any written notice it receives from any Governmental Entity of any alleged violation of any Applicable Laws and Other Requirements violation, order, or duty upon Landlord or Tenant with respect to the Leased Premises or the Improvements or Equipment and as a result of the use or occupancy thereofthereof by Tenant for any purpose not authorized by the provisions of Article 7 or the conduct by Tenant of its business in the Premises in a manner different from the ordinary or proper conduct of such business. Lessee’s obligations under All Alterations that are required to comply with this Section 6.5 apply whether or not any Governmental Entity has initiated or threatened action or litigation to enforce any Applicable Laws Article 8 shall be made in compliance with the terms and Other Requirementsconditions of Article 6 of this Lease. Lessee Tenant shall not do anddo, or permit anything to be done in or to the extent reasonably possible Premises, or bring or keep anything therein which will, in any way, increase the cost of fire or public liability insurance on the Real Property, or invalidate or conflict with the exercise of all reasonable best efforts, shall not permit fire insurance or condonepublic liability insurance policies covering the Real Property, any act personal property kept therein by Landlord, or omission on obstruct or interfere with the Leased Premises rights of Landlord or the Improvements of other tenants, or Equipmentin any other way injure Landlord or other tenants, which subjects Lessor or subject Landlord to any liability or responsibility for injury to persons, persons or damage to property property, or to any other liability by reason interfere with the good order of the violation of Applicable Laws and Other Requirements. (b) Lessee will not use or permit the Leased Premises or the Improvements or Equipment to be used for any purpose or in any manner that would void or make voidable any Lessee’s or Lessor’s insurance, violate any applicable insurance company regulations or requirements, increase the insurance risk with respect to the Leased Premises or the PropertyBuilding, or cause conflict with the disallowance present or future Laws of any sprinkler creditsGovernmental Authority. Following the Effective Date, if any Any increase in the cost of Lessor’s fire insurance premiums on the Leased Premises Building or the Property is its contents caused by Lessee’s change in the use or occupancy of the Leased PremisesPremises by Tenant and any expense or cost incurred in consequence of the negligence, carelessness, omission, improper conduct, or failure willful action of Tenant, shall be Additional Rent and paid by Tenant to comply with Landlord within (10) days of demand therefor made by Landlord to Tenant. 8.2. Supplementing the foregoing provisions of this Section 6.5(b)Sections 5.1 and 8.1, then Lessee shall pay Tenant will not cause or permit any “hazardous substance” or “hazardous waste” or “hazardous chemical”, as such terms are defined in the entire amount of such increase to Lessor as Additional Rent.Industrial Site Recovery Act N.J.

Appears in 1 contract

Samples: Lease Agreement (Intercept Pharmaceuticals, Inc.)

COMPLIANCE WITH LAWS AND INSURANCE REQUIREMENTS. (a) Lessee shall12.1 Tenant, at its sole expense (regardless of the Tenant's cost thereof)and expense, shall comply with all Applicable Laws laws, orders and Other Requirements (includingregulations of federal, without limitationstate, Environmental Laws) pertaining county and municipal authorities, and with all directions, pursuant to the Leased Premises law, of all public officers, that shall impose any duty upon Landlord or the Improvements or Equipment and Lessee’s use and occupancy thereof. Lessee and Lessor shall each give prompt notice to the other party of any written notice it receives from any Governmental Entity of any alleged violation of any Applicable Laws and Other Requirements Tenant with respect to the Leased Premises or the Improvements or Equipment and the use or occupancy thereof, except that Tenant shall not be required to make any structural Alterations in order to comply unless such Alterations shall be necessitated or occasioned, in whole or in part, by the acts, omissions or negligence of Tenant or any person claiming through or under Tenant, or any of their servants, employees, contractors, agents, visitors or licensees, or by the use or occupancy or manner of use or occupancy of the Premises by Tenant or any such person. Lessee’s obligations Any work or installations made or performed by or on behalf of Tenant or any person claiming through or under Tenant pursuant to the provisions of this Section 6.5 apply whether or not any Governmental Entity has initiated or threatened action or litigation Article shall be made in conformity with, and subject to enforce any Applicable Laws the provisions of, Sections 9.1 and Other Requirements. Lessee 10.2 and Article 11 hereof. 12.2 Tenant shall not do andanything, or permit anything to be done in or about the extent reasonably possible Premises which shall (a) invalidate or be in conflict with the exercise provisions of all reasonable best effortsany fire or other insurance policies covering the Building or any property or any property located therein, shall not permit or condone(b) result in a refusal by fire insurance companies of good standing to insure the Building or any such property in amounts required by Landlord's Mortgage (as hereinafter defined) or reasonably satisfactory to Landlord, any act or omission on the Leased Premises or the Improvements or Equipment, which subjects Lessor (c) subject Landlord to any liability or responsibility for injury to persons, damage to any person or property or to any other liability by reason of any business operation being conducted in the violation of Applicable Laws and Other Requirements. (b) Lessee will not use or permit the Leased Premises or the Improvements or Equipment to be used for any purpose or in any manner that would void or make voidable any Lessee’s or Lessor’s insurance, violate any applicable insurance company regulations or requirements, increase the insurance risk with respect to the Leased Premises or the PropertyPremises, or (d) cause the disallowance of any sprinkler credits. Following the Effective Date, if any increase in the cost of Lessor’s fire insurance on rates applicable to the Leased Premises Building or property located therein at the Property is caused by Lessee’s change in use or occupancy beginning of the Leased Premises, Term or failure to comply with at any time thereafter. Landlord shall carry "All Risk" Insurance at replacement value for the foregoing provisions Building. Said policy shall name Xxxxxx as an additional insured. For the purpose of this Section 6.5(b)Article, then Lessee the term "insurance" shall pay include, without limitation, Fire, Extended Coverage, Vandalism and Malicious Mischief, Boiler, Rent and Business Interruption, Liability and Sprinkler Leakage, all of which shall be provided for the entire amount Building by Landlord in reasonable amounts. Landlord covenants to use its best efforts to keep such insurance premiums as low as reasonably possible, giving allowance to the protection of such increase to Lessor as Additional RentLandlord and Tenant contemplated under this Lease.

Appears in 1 contract

Samples: Office Lease (Mastech Corp)

COMPLIANCE WITH LAWS AND INSURANCE REQUIREMENTS. (a) Lessee shall10.1 In addition and not in derogation of Tenant's obligations under Section 5.3 above, Tenant, at its sole expense (regardless of the Tenant's cost thereof)and expense, shall comply with all Applicable Laws laws, codes, orders and Other Requirements (includingregulations of federal, without limitationstate, Environmental Laws) pertaining county and municipal authorities, and with all directions, pursuant to the Leased Premises law, of all public officers, that shall impose any duty upon Landlord or the Improvements or Equipment and Lessee’s use and occupancy thereof. Lessee and Lessor shall each give prompt notice to the other party of any written notice it receives from any Governmental Entity of any alleged violation of any Applicable Laws and Other Requirements Tenant with respect to the Leased Premises or the Improvements or Equipment and the particular use or occupancy thereofthereof by Tenant. Lessee’s obligations Any Alteration or other work or installation made or performed by or on behalf of Tenant or any person claiming through or under Tenant pursuant to the provisions of this Article 10 shall be made in conformity with, and subject to the provisions of Section 6.5 apply whether 7.1. In the event and to the extent that any such requisite compliance does not arise from or result from any particular use of the Premises by Tenant, AND the said alteration or other work or installation ("Work") necessary to achieve and satisfy such requisite compliance has a projected useful life greater than the then remaining Term of the Lease (not any Governmental Entity has initiated or threatened action or litigation including the renewal option), ("Remaining Term"), THEN the Tenant shall be obligated to enforce any Applicable Laws pay only a portion of the cost of the Work, which portion shall be that fraction of which the numerator is the number of months in the Remaining Term and Other Requirements. Lessee the denominator is the projected useful life of the Work, in months. 10.2 Tenant shall not do andanything, or permit anything to be done, in or about the extent reasonably possible Premises that shall: (a) invalidate or be in conflict with the exercise provisions of all reasonable best efforts, shall not permit any fire or condone, any act or omission on other insurance policies covering the Leased Premises or any property located therein, (b) result in a refusal by fire insurance companies of good standing to insure the Improvements Premises or Equipmentany such property in amounts reasonably satisfactory to Landlord, which subjects Lessor (c) subject Landlord to any liability or responsibility for injury to persons, damage to any person or property or to any other liability by reason of any business operation being conducted in or about the Premises, or (d) be in violation of Applicable Laws any certificate of occupancy for the Warehouse. Tenant, at Tenant's sole expense, shall comply with all rules, orders, regulations and Other Requirements. (b) Lessee will not requirements of its insurance policy. If Tenant's particular or peculiar use or permit of the Leased Premises or the Improvements or Equipment to be used for any purpose or in any manner that would void or make voidable any Lessee’s or Lessor’s insurance, violate any applicable insurance company regulations or requirements, increase the insurance risk with respect to the Leased Premises or the Property, or cause the disallowance of any sprinkler credits. Following the Effective Date, if causes any increase in the cost of Lessor’s fire insurance rates applicable to the Premises or property located therein on the Leased Premises Commencement Date or the Property is caused by Lessee’s change in use or occupancy of the Leased Premisesat any time thereafter, or failure to comply with the foregoing provisions of this Section 6.5(b), then Lessee Tenant shall be responsible for such increase and shall pay the entire amount of such increase same to Lessor as Additional RentLandlord upon request.

Appears in 1 contract

Samples: Realty Lease (Catalina Marketing Corp/De)

COMPLIANCE WITH LAWS AND INSURANCE REQUIREMENTS. (a) Lessee shallTenant shall not use or occupy, at its sole expense (regardless or permit any portion of the cost thereof), comply with all Applicable Laws and Other Requirements (including, without limitation, Environmental Laws) pertaining to the Leased Premises or the Improvements or Equipment and Lessee’s use and occupancy thereof. Lessee and Lessor shall each give prompt notice to the other party of any written notice it receives from any Governmental Entity of any alleged violation of any Applicable Laws and Other Requirements with respect to the Leased Premises or the Improvements or Equipment and the use or occupancy thereof. Lessee’s obligations under this Section 6.5 apply whether or not any Governmental Entity has initiated or threatened action or litigation to enforce any Applicable Laws and Other Requirements. Lessee shall not do and, to the extent reasonably possible with the exercise of all reasonable best efforts, shall not permit or condone, any act or omission on the Leased Premises or the Improvements or Equipment, which subjects Lessor to any liability or responsibility for injury to persons, damage to property or to any other liability by reason of the violation of Applicable Laws and Other Requirements. (b) Lessee will not use or permit the Leased Premises or the Improvements or Equipment to be used or occupied, in violation of any law, ordinance, order, rule, regulation, certificate of occupancy, or other governmental requirement or for any purpose activity or in any manner deemed to be hazardous on account of fire or other hazards, or that would void in any way violate, suspend, void, or make voidable any Lessee’s or Lessor’s insurance, violate any applicable insurance company regulations or requirements, increase the rate of fire, liability or any other insurance risk with respect to the Leased Premises or the Property, or cause the disallowance of any sprinkler creditskind at any time carried by Landlord. Following the Effective Date, if any Any increase in the cost of Lessor’s such insurance on attributable to Tenant's activities, property or improvements in the Leased Premises or Tenant's failure to perform and observe its obligations under this lease shall be payable by Tenant to Landlord, from time to time, on demand. Tenant, at its own expense, shall promptly comply with all laws, ordinances, orders, rules, regulations and other governmental requirements now or hereafter in effect relating to the Property is caused by Lessee’s change in use use, condition or occupancy of the Leased Premises, and all applicable protective covenants and all rules, orders, regulations and requirements of the board of fire underwriters, or failure any other similar body, having jurisdiction over the Building. The judgment of any court of competent jurisdiction or the admission of Tenant in any action against Tenant, whether Landlord be a party thereto or not, that Tenant has violated any such law, ordinance, order, rule, regulation or other requirement, shall be conclusive of that fact as between Landlord and Tenant. This Section 18 shall not be interpreted as requiring Tenant to make structural changes or improvements, except to the extent such changes or improvements are required as a result of Tenant's use of the Premises or the condition or configuration of the Premises caused or requested by Tenant or any improvements in or to the Premises made by or at the request of Tenant. Tenant shall, at its own expense, comply with any and all requirements pertaining to the foregoing provisions Premises or the Equipment, of this Section 6.5(b)any insurance organization or company, then Lessee shall pay necessary for the entire amount maintenance of such increase to Lessor as Additional Rentreasonable fire and public liability insurance covering the Premises or the Equipment.

Appears in 1 contract

Samples: Industrial Lease (Dailey Petroleum Services Corp)

COMPLIANCE WITH LAWS AND INSURANCE REQUIREMENTS. (a) Lessee shall, at its sole expense (regardless of the cost thereof), comply with all Applicable Laws and Other Requirements (including, without limitation, Environmental Laws) pertaining to the Leased Premises or the Improvements or Equipment and Lessee’s use and occupancy thereof. Lessee and Lessor shall each give prompt notice to the other party of any written notice it receives from any Governmental Entity of any alleged violation of any Applicable Laws and Other Requirements with respect to the Leased Premises or the Improvements or Equipment and the use or occupancy thereof. Lessee’s obligations under this Section 6.5 apply whether or not any Governmental Entity has initiated or threatened action or litigation to enforce any Applicable Laws and Other Requirements. Lessee shall not do and, to the extent reasonably possible possible, with the exercise of all reasonable best efforts, shall not permit or condone, condone any act or omission on the Leased Premises or the Improvements or Equipment, which subjects Lessor to any liability or responsibility for injury to persons, damage to property or to any other liability by reason of the violation of Applicable Laws and Other Requirements. (b) Lessee will not use or permit the Leased Premises or the Improvements or Equipment to be used for any purpose or in any manner that would void or make voidable any Lessee’s or Lessor’s insurance, violate any applicable insurance company regulations or requirements, increase the insurance risk with respect to the Leased Premises or the Property, or cause the disallowance of any sprinkler credits. Following the Effective Date, if any increase in the cost of Lessor’s insurance on the Leased Premises or the Property is caused by Lessee’s change in use or occupancy of the Leased Premises, or failure to comply with the foregoing provisions of this Section 6.5(b), then Lessee shall pay the entire amount of such increase to Lessor as Additional Rent.

Appears in 1 contract

Samples: Lease Agreement (Alcoa Upstream Corp)

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COMPLIANCE WITH LAWS AND INSURANCE REQUIREMENTS. (a) Lessee shall, at its sole expense (regardless of the cost thereof), 5.1 Tenant shall comply with all Applicable Laws laws, rules, regulations and Other Requirements (including, without limitation, Environmental Laws) pertaining to the Leased Premises or the Improvements or Equipment and Lessee’s use and occupancy thereof. Lessee and Lessor shall each give prompt notice to the other party ordinances of any written notice it receives from any Governmental Entity of any alleged violation of any Applicable Laws and Other Requirements with respect to Authority having or claiming jurisdiction over the Leased Premises or the Improvements or Equipment and the use or occupancy thereofBuilding. Lessee’s obligations under this Section 6.5 apply whether or not any Governmental Entity has initiated or threatened action or litigation to enforce any Applicable Laws and Other Requirements. Lessee Tenant shall not do and, or permit anything to be done in or to the extent reasonably possible Premises, or bring or keep anything therein which will, in any way, be in conflict with the exercise certificate of all reasonable best effortsoccupancy for the Building, shall not permit increase the cost of fire or condone, any act or omission public liability insurance on the Leased Premises Real Property, or invalidate or conflict with the Improvements fire insurance or Equipmentpublic liability insurance policies covering the Real Property or any personal property kept therein, which subjects Lessor by Landlord, or obstruct or interfere with the rights of the Landlord or of other tenants, or in any other way injure or annoy Landlord or other tenants, or subject Landlord to any liability or responsibility for injury to persons, persons or damage to property property, or to any other liability by reason interfere with the good order of the violation Building, or conflict with the present or future laws, rules or regulations of Applicable Laws and Other Requirements. (b) Lessee will not any Governmental Authority. Any increase in Landlord's Operating Expenses which is attributable to Tenant's use or permit manner of use of the Leased Premises or different from the Improvements or Equipment to be used for any purpose or use permitted in any manner that would void or make voidable any Lessee’s or Lessor’s insurance, violate any applicable insurance company regulations or requirements, increase the insurance risk with respect to the Leased Premises or the Property, or cause the disallowance of any sprinkler credits. Following the Effective Date, if Section 2.1 hereof (such as any increase in the cost of Lessor’s fire insurance premiums on the Leased Premises Building or the Property is its contents caused by Lessee’s change in the use or occupancy of the Leased PremisesPremises by Tenant other than as permitted in Section 2.1) and any expense or cost incurred in consequence of the negligence, carelessness or failure willful action of Tenant, shall be Additional Rent and paid to comply Landlord within ten (10) days of the date of demand therefor made by Landlord to Tenant. Anything to the contrary herein notwithstanding, Tenant shall not be required to comply, at its own expense, with requirements of law or to pay for increases in Operating Expenses unless such requirements are violated by or such increases are caused by actions taken by Tenant or by Tenant's use of the foregoing provisions Premises in a manner different from the normal use thereof for the purposes described in Section 2.1. 5.2 Tenant will not cause or permit any "hazardous substance" or "hazardous waste" as such terms are defined in the Environmental Cleanup Responsibility Act of this Section 6.5(b)the State of New Jersey as amended by the New Jersey Industrial Site Recovery Act, then Lessee shall pay the entire amount of such increase to Lessor as Additional Rent.N.J.

Appears in 1 contract

Samples: Lease Agreement (Medarex Inc)

COMPLIANCE WITH LAWS AND INSURANCE REQUIREMENTS. (a) Lessee shall8.1. Tenant, at its sole expense (regardless of the cost thereof)but subject to Landlord’s obligations set forth in Section 8.5 below, shall comply with all Applicable Laws and Other Requirements (at any time duly issued or in force, applicable to the Premises or any part thereof or to Tenant’s use thereof, including, without limitationlimitation the Americans with Disabilities Act. The foregoing obligation shall include, Environmental Laws) pertaining to the Leased Premises but not be limited to, compliance with all Laws which shall impose any violation, order, or the Improvements duty upon Landlord or Equipment and Lessee’s use and occupancy thereof. Lessee and Lessor shall each give prompt notice to the other party of any written notice it receives from any Governmental Entity of any alleged violation of any Applicable Laws and Other Requirements Tenant with respect to the Leased Premises or the Improvements or Equipment and as a result of the use or occupancy thereofthereof by Tenant for any purpose not authorized by the provisions of Article 7 or the conduct by Tenant of its business in the Premises in a manner different from the ordinary or proper conduct of such business. Lessee’s obligations under All Alterations that are required to comply with this Section 6.5 apply whether or not any Governmental Entity has initiated or threatened action or litigation to enforce any Applicable Laws Article 8 shall be made in compliance with the terms and Other Requirementsconditions of Article 6 of this Lease. Lessee Tenant shall not do anddo, or permit anything to be done in or to the extent reasonably possible Premises, or bring or keep anything therein which will, in any way, increase the cost of fire or public liability insurance on the Real Property, or invalidate or conflict with the exercise of all reasonable best efforts, shall not permit fire insurance or condonepublic liability insurance policies covering the Real Property, any act personal property kept therein by Landlord, or omission on obstruct or interfere with the Leased Premises rights of Landlord or the Improvements of other tenants, or Equipmentin any other way injure Landlord or other tenants, which subjects Lessor or subject Landlord to any liability or responsibility for injury to persons, persons or damage to property property, or to any other liability by reason interfere with the good order of the violation of Applicable Laws and Other Requirements. (b) Lessee will not use or permit the Leased Premises or the Improvements or Equipment to be used for any purpose or in any manner that would void or make voidable any Lessee’s or Lessor’s insurance, violate any applicable insurance company regulations or requirements, increase the insurance risk with respect to the Leased Premises or the PropertyBuilding, or cause conflict with the disallowance present or future Laws of any sprinkler creditsGovernmental Authority. Following the Effective Date, if any Any increase in the cost of Lessor’s fire insurance premiums on the Leased Premises Building or the Property is its contents caused by Lessee’s change in the use or occupancy of the Leased PremisesPremises by Tenant and any expense or cost incurred in consequence of the negligence, carelessness, omission, improper conduct, or failure willful action of Tenant, shall be Additional Rent and paid by Tenant to comply with Landlord within (10) days of demand therefor made by Landlord to Tenant. 8.2. Supplementing the foregoing provisions of this Section 6.5(b)Sections 5.1 and 8.1, then Lessee shall pay Tenant will not cause or permit any “hazardous substance” or “hazardous waste” or “hazardous chemical”, as such terms are defined in the entire amount of such increase to Lessor as Additional Rent.Industrial Site Recovery Act N.J.

Appears in 1 contract

Samples: Lease Agreement (Chartwell International, Inc.)

COMPLIANCE WITH LAWS AND INSURANCE REQUIREMENTS. (a) Lessee shallSection 6.01. Tenant, at its Tenant's sole expense (regardless of the cost thereof)and expense, shall comply with all Applicable Laws laws, orders and Other Requirements (includingregulations of Federal, without limitationState, Environmental Laws) pertaining County, and Municipal authorities, and with all directions pursuant to law, of all public officers, which shall impose any duty upon Landlord or Tenant arising out of Tenant's use of the Leased Demised Premises except that Tenant shall not be required to make any structural alterations in order so to comply unless such alterations shall be necessitated or occasioned by the Improvements acts, omissions, or Equipment and Lessee’s use and occupancy thereof. Lessee and Lessor shall each give prompt notice to the other party negligence of Tenant or any written notice it receives from person claiming through or under Tenant, or any Governmental Entity of any alleged violation of any Applicable Laws and Other Requirements with respect to the Leased Premises Tenant's servants, employees, contractors, agents, visitors or the Improvements licensees, or Equipment and by the use or occupancy thereofof the Demised Premises by Tenant or any such person. Section 6.02. Lessee’s obligations under this Section 6.5 apply whether or not any Governmental Entity has initiated or threatened action or litigation to enforce any Applicable Laws and Other Requirements. Lessee Tenant shall not do andanything, or permit anything to be done, in or about the extent reasonably possible Demised Premises which shall (i) invalidate or be in conflict with the exercise provisions of all reasonable best effortsany fire or other insurance policies covering the Building or any property located therein, shall not permit or condone(ii) result in refusal by fire insurance companies in good standing to insure the Building or any such property in amounts reasonably satisfactory to Landlord, any act or omission on the Leased Premises or the Improvements or Equipment, which subjects Lessor (iii) subject Landlord to any liability or responsibility for injury to persons, damage to any person or property or to any other liability by reason of any business operation being conducted in the violation of Applicable Laws and Other Requirements. (b) Lessee will not use or permit the Leased Premises or the Improvements or Equipment to be used for any purpose or in any manner that would void or make voidable any Lessee’s or Lessor’s insurance, violate any applicable insurance company regulations or requirements, increase the insurance risk with respect to the Leased Premises or the PropertyDemised Premises, or (iv) cause the disallowance of any sprinkler credits. Following the Effective Date, if any increase in the cost of Lessor’s fire insurance on rates applicable to the Leased Premises Building or property located therein at the Property is caused by Lessee’s change in use or occupancy beginning of the Leased Demised Term or at any time thereafter. Tenant, at Tenant's expense, shall comply with all rules, orders, regulations or requirements of the New York Board of Fire Underwriters and the New York Fire Insurance Rating Organization or any similar body relating to the Demised Premises. Section 6.03. In any action or proceeding wherein Landlord and Tenant are parties, a schedule or "make up" of rates applicable to the Building or property located therein issued by the New York Fire Insurance Rating Organization, or failure other similar body fixing such fire insurance rates, shall be prima facie evidence of the facts therein stated and of the several items and charges in the fire insurance rates then applicable to comply with the foregoing provisions of this Section 6.5(b), then Lessee shall pay the entire amount of such increase to Lessor as Additional RentBuilding or property located therein.

Appears in 1 contract

Samples: Lease Agreement (Logical Design Solutions Inc)

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