Common use of Definition of Insurance Costs Clause in Contracts

Definition of Insurance Costs. As used in this Lease, “Insurance Costs” shall mean the cost of insurance obtained by Landlord (including reasonable self-insured amounts and any deductibles (to be capped at $2.50 per square foot of the Building for Tenant’s share)) for the Project.

Appears in 2 contracts

Samples: QuantumScape Corp, QuantumScape Corp

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Definition of Insurance Costs. As used in this Lease, "Insurance Costs" shall mean the cost of insurance obtained by Landlord pursuant to Section 21 (including reasonable self-insured amounts and any deductibles (to be capped at $2.50 per square foot of the Building for Tenant’s share)deductibles) for the ProjectBuilding and the Site.

Appears in 1 contract

Samples: Office Lease (Armata Pharmaceuticals, Inc.)

Definition of Insurance Costs. As used in this Lease, "Insurance Costs" shall mean the cost of insurance obtained by Landlord pursuant to Section 21 (including reasonable self-insured amounts and any deductibles (to be capped at $2.50 per square foot of the Building for Tenant’s share)deductibles) for the ProjectBuilding, the Premises and the Tenant Improvements and the costs of such insurance for the Project Common Areas. Insurance Costs shall be calculated assuming the Project and Building are at least ninety-five percent (95%) occupied.

Appears in 1 contract

Samples: Office Lease (Willdan Group, Inc.)

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Definition of Insurance Costs. As used in this Lease, “Insurance Costs” shall mean the cost of insurance obtained by Landlord pursuant to Section 21 (including reasonable self-insured amounts and any deductibles (up to be capped at $2.50 per square foot of the Building for Tenant’s share)1,000) for the ProjectBuilding, the Premises and the Tenant Improvements.

Appears in 1 contract

Samples: Lease Agreement (Apache Design Solutions Inc)

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