Common use of Construction Insurance Clause in Contracts

Construction Insurance. In addition to the requirements of ARTICLE 10 of this Lease, in the event that Tenant makes any Alterations, prior to the commencement of such Alterations, Tenant shall provide Landlord with evidence that Tenant carries "BUILDER'S ALL RISK" insurance in an amount reasonably related to the value of such Alterations, it being understood and agreed that all of such Alterations shall be insured by Tenant pursuant to ARTICLE 10 of this Lease immediately upon completion thereof.

Appears in 3 contracts

Samples: Office Lease (Exact Sciences Corp), Office Lease (3com Corp), Office Lease (Exact Sciences Corp)

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Construction Insurance. In addition to the requirements of ARTICLE Article 10 of this Lease, in the event that Tenant makes any Alterations, prior to the commencement of such Alterations, Tenant shall provide Landlord with evidence that Tenant carries "BUILDER'S ALL RISKBuilder's All Risk" insurance in an amount reasonably related to approved by Landlord covering the value construction of such Alterations, and such other insurance as Landlord may require, it being understood and agreed that all of such Alterations shall be insured by Tenant pursuant to ARTICLE Article 10 of this Lease immediately upon completion thereof.

Appears in 3 contracts

Samples: Office Lease (Schuler Homes Inc), Office Lease (Artistdirect Inc), Office Lease (Equity Marketing Inc)

Construction Insurance. In addition to the requirements of ARTICLE Article 10 of this Lease, in the event that Tenant makes any Alterations, prior to the commencement of such Alterations, Tenant shall provide Landlord with evidence that Tenant carries "BUILDER'S ALL RISK" “Builder’s All Risk” insurance in an amount reasonably related to approved by Landlord covering the value construction of such Alterations, and such other insurance as Landlord may reasonably require, it being understood and agreed that all of such Alterations shall be insured by Tenant pursuant to ARTICLE Article 10 of this Lease immediately upon completion thereof.

Appears in 3 contracts

Samples: Office Lease (AssetMark Financial Holdings, Inc.), Office Lease (Accelrys, Inc.), Office Lease (Childrens Place Retail Stores Inc)

Construction Insurance. In addition to the requirements of ARTICLE 10 of this Lease, in the event that Tenant makes any Alterations, prior to the commencement of such Alterations, Tenant shall provide Landlord with evidence that Tenant carries "BUILDER'S ’S ALL RISK" insurance in an amount reasonably related to the value of such Alterations, it being understood and agreed that all of such Alterations shall be insured by Tenant pursuant to ARTICLE 10 of this Lease immediately upon completion thereof.

Appears in 2 contracts

Samples: Office Lease (Exact Sciences Corp), Office Lease (Exact Sciences Corp)

Construction Insurance. In addition to the requirements of ARTICLE Article 10 of this Lease, in the event that Tenant makes any Alterations (other than Cosmetic Alterations), prior to the commencement of such Alterations, Tenant shall provide Landlord with evidence that Tenant carries "BUILDER'S ALL RISK" “Builder’s All Risk” insurance in an amount reasonably related to approved by Landlord covering the value construction of such Alterations, and such other insurance as Landlord may reasonably require, it being understood and agreed that all of such Alterations shall be insured by Tenant pursuant to ARTICLE Article 10 of this Lease immediately upon completion thereof.

Appears in 2 contracts

Samples: Office Lease (Roka BioScience, Inc.), Office Lease (Roka BioScience, Inc.)

Construction Insurance. In addition to the requirements of ARTICLE Article 10 of this Lease, in the event that Tenant makes any Alterations, prior to the commencement of such Alterations, Tenant shall provide Landlord with evidence that Tenant carries "BUILDER'S ALL RISKBuilder's All Risk" insurance in an amount reasonably related to approved by Landlord covering the value construction of such Alterations, and such other insurance as Landlord may reasonably require, it being understood and agreed that all of such Alterations shall be insured by Tenant pursuant to ARTICLE Article 10 of this Lease immediately upon completion thereof.

Appears in 1 contract

Samples: Office Lease (Nextcard Inc)

Construction Insurance. In addition to the requirements of ARTICLE 10 of this Lease, in the event that Tenant makes any Alterations, prior to the commencement of such Alterations, Tenant shall provide Landlord with evidence that Tenant carries "BUILDER'S ALL RISK" insurance in an amount reasonably related to the value of such Alterations, it being understood and agreed that all of such Alterations (other than Building Standard Alterations, which shall be insured by Landlord as part of the property insurance for the Building) shall be insured by Tenant pursuant to ARTICLE 10 of this Lease immediately upon completion thereof.

Appears in 1 contract

Samples: Office Lease (Cytyc Corp)

Construction Insurance. In addition to the requirements of ARTICLE Article 10 of this Lease, in the event that Tenant makes any Alterations, prior to the commencement of such Alterations, Tenant shall provide Landlord with evidence that Tenant or Tenant’s contractors carries "BUILDER'S ALL RISKBuilder's All Risk" insurance in an amount reasonably related to approved by Landlord covering the value construction of such Alterations, it being understood and agreed that all of such Alterations shall be insured by Tenant pursuant to ARTICLE Article 10 of this Lease immediately upon completion thereof.

Appears in 1 contract

Samples: Office Lease (Kite Pharma, Inc.)

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Construction Insurance. In addition to the requirements of ARTICLE Article 10 of this Lease, in the event that Tenant makes any Alterations, prior to the commencement of such Alterations, Tenant shall provide Landlord with evidence that Tenant carries "BUILDER'S ALL RISK" insurance in an amount reasonably related to the value of such Alterations, it being understood and agreed that all of such Alterations shall be insured by Tenant pursuant to ARTICLE 10 of this Lease immediately upon completion thereof.Builder's All Risk"

Appears in 1 contract

Samples: Office Lease (Universal Access Inc)

Construction Insurance. In addition to the requirements of ARTICLE Article 10 of this Lease, in the event that Tenant makes any Alterations, prior to the commencement of such Alterations, if Tenant shall use a contractor to make such Alterations, Tenant shall provide Landlord with evidence that Tenant or Tenant's contractor carries "BUILDER'S ALL RISKBuilder's All Risk" insurance in an amount reasonably related equal to the value cost of construction of such Alterations, it being understood and agreed that all such other insurance required by law or in the exercise of such Alterations shall be insured by Tenant pursuant to ARTICLE 10 of this Lease immediately upon completion thereofprudent business practices.

Appears in 1 contract

Samples: Lease (Aei Net Lease Income & Growth Fund Xix Limited Partnership)

Construction Insurance. In addition to the requirements of ARTICLE Article 10 of this Lease, in the event that Tenant makes any Alterations, prior to the commencement of such Alterations, Tenant or Tenant's contractor shall provide Landlord with evidence that Tenant carries "BUILDER'S ALL RISK" insurance in an amount reasonably related to approved by Landlord covering the value construction of such Alterations, and such other insurance as Landlord may require, it being understood and agreed that all of such Alterations shall be insured by Tenant pursuant to ARTICLE Article 10 of this Lease immediately upon completion thereof.

Appears in 1 contract

Samples: Office Lease (Navarre Corp /Mn/)

Construction Insurance. In addition to the requirements of ARTICLE Article 10 of this Lease, in the event that Tenant makes any AlterationsAlterations requiring Landlord's consent under this Article 8, prior to the commencement of such Alterations, Tenant shall provide Landlord with evidence that Tenant carries "BUILDER'S ALL RISKBuilder's All Risk" insurance in an amount reasonably related to approved by Landlord covering the value construction of such Alterations, and such other insurance as Landlord may require, it being understood and agreed that all of such Alterations shall be insured by Tenant pursuant to ARTICLE Article 10 of this Lease immediately upon completion thereof.

Appears in 1 contract

Samples: Lease (Veeco Instruments Inc)

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