Common use of Construction Period Insurance Clause in Contracts

Construction Period Insurance. At any time when demolition or construction work is being performed on or about the Premises or Building by or on behalf of Tenant, the Tenant shall keep in full force and effect the following insurance coverage in each instance with policies reasonably acceptable to Landlord, including, without limitation, the amount of any deductible thereunder: (1) builder’s risk completed value (nonreporting form) in such form and affording such protections as required by Landlord, naming Landlord and its mortgagees as additional insureds; and (2) workers’ compensation or similar insurance in form and amounts required by law. Tenant shall cause a certificate or certificates of such insurance to be delivered to Landlord prior to the commence- ment of any work in or about the Building or the Premises, in default of which Landlord shall have the right, but not the obligation, to obtain any or all such insurance at the expense of Tenant, in addition to any other right or remedy of Landlord. The provisions of this §11.3 shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Commercial Lease Agreement

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Construction Period Insurance. At any time when demolition or construction work is being performed on or about the Premises or Building by or on behalf of Tenant, the Tenant shall keep in full force and effect the following insurance coverage in each instance with policies reasonably acceptable to Landlord, including, without limitation, the amount of any deductible thereunder: (1) builder’s 's risk completed value (nonreporting non-reporting form) in such form and affording such protections as required by Landlord, naming Landlord landlord and its mortgagees as additional insureds; and (2) workers' compensation or similar insurance in form and amounts required by law. Tenant shall cause a certificate or certificates of such insurance to be delivered to Landlord prior to the commence- ment commencement of any work in or about the Building or the Premises, in default of which Landlord shall have the right, but not the obligation, to obtain any or all such insurance at the expense of Tenant, in addition to any other right or remedy of Landlord. The provisions of this §Section 11.3 shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Commercial Lease (Puma Technology Inc)

Construction Period Insurance. At any time when demolition or construction work is being performed on or about the Premises or Building by or on behalf of Tenant, the Tenant shall keep in full force and effect the following insurance coverage in each instance with policies reasonably acceptable to Landlord, including, without limitation, the amount of any deductible thereunder: (1) builder’s risk completed value (nonreporting non-reporting form) in such form and affording such protections as required by Landlord, naming Landlord and its mortgagees as additional insureds; and (2) workers’ compensation or similar insurance in form and amounts required by law. Tenant shall cause a certificate or certificates of such insurance to be delivered to Landlord prior to the commence- ment commencement of any work in or about the Building or the Premises, in default of which Landlord shall have the right, but not the obligation, to obtain any or all such insurance at the expense of Tenant, in addition to any other right or remedy of Landlord. The provisions of this §11.3 Section 11.2 shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Icad Inc)

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Construction Period Insurance. At any time when demolition or construction work is being performed on or about the Premises or Building by or on behalf of Tenant, the Tenant shall keep in full force and effect the following insurance coverage in each instance with policies reasonably acceptable to Landlord, including, without limitation, the amount of any deductible thereunder: (1) builder’s 's risk completed value (nonreporting non-reporting form) in such form and affording such protections as required by Landlord, naming Landlord and its mortgagees as additional insureds; and (2) workers' compensation or similar insurance in form and amounts required by law. Tenant shall cause a certificate or certificates of such insurance to be delivered to Landlord prior to the commence- ment commencement of any work in or about the Building or the Premises, in default of which Landlord shall have the right, but not the obligation, to obtain any or all such insurance at the expense of Tenant, in addition to any other right or remedy of Landlord. The provisions of this §11.3 (S)11.3 shall survive the expiration or earlier termination of this Lease.

Appears in 1 contract

Samples: Lease (CMG Information Services Inc)

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