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Common use of Earthquake Insurance Clause in Contracts

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thousand Three Hundred Dollars ($26,300) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 3 contracts

Samples: Lease Agreement (Intertrust Technologies Corp), Lease Agreement (Intertrust Technologies Corp), Lease Agreement (Intertrust Technologies Corp)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thousand Three Hundred Dollars ($26,300) per year for earthquake insurance if If Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor, then as a condition of Lessor agreeing to waive the requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, an amount not to exceed Forty Seven Thousand Eight Hundred and Thirty Three Dollars ($47,833) per year.

Appears in 3 contracts

Samples: Lease Agreement (Intevac Inc), Lease Agreement (Intevac Inc), Lease Agreement (Intevac Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Twenty Five Thousand Three Two Hundred Forty Two Dollars ($26,30025,242) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (Infoblox Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Ten Thousand Three Hundred Dollars ($26,30010,000) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 2 contracts

Samples: Lease Agreement (Ariosa Diagnostics, Inc.), Lease Agreement (Ariosa Diagnostics, Inc.)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Twenty Nine Thousand Three Two Hundred Dollars ($26,30029,200) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Amendment Agreement (Gadzoox Networks Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six One Thousand Three Two Hundred Eighty Dollars ($26,3001,280) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Mission West Properties/New/)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Fourteen Thousand Three Five Hundred Dollars Sixty ($26,30014,560) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Sublease (Netlogic Microsystems Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thousand Three Eight Hundred Dollars ($26,30026,800) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Lynuxworks Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Fifty Thousand Three Hundred Dollars ($26,30050,000) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Nextest Systems Corp)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Three Thousand Three Hundred and Thirty-Seven Dollars ($26,3003,337.00) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Standard Form Multi Tenant Lease (Occam Networks Inc/De)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Eighteen Thousand Three Eight Hundred Dollars ($26,30018,800) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Radyne Corp)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six one Thousand Three Two Hundred Dollars ($26,30021,200) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor. Lessee shall have no obligation for a deductible in excess of $100,000 on an earthquake insurance.

Appears in 1 contract

Samples: Lease Agreement (Gadzoox Networks Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed TwentyTwelve Thousand Six Hundred Forty-Six Thousand Three Hundred One Dollars ($26,30012,641) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Netlogic Microsystems Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thirty Thousand Three Hundred Dollars ($26,30030,000) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the its sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Sublease Agreement (Snap Appliances Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thousand Three Hundred Dollars twenty thousand eight hundred dollars ($26,30020,800) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Photon Dynamics Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thousand Three Hundred Dollars twenty thousand dollars ($26,30020,000) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Standard Form Lease (Inso Corp)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thousand Three Hundred Dollars eighteen thousand two hundred dollars ($26,30018,200) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Standard Form Lease (General Surgical Innovations Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Fifty Thousand Three Hundred Dollars ($26,30050,000) per year for Phase I and Fifty Thousand Dollars ($50,000) per year for Phase II for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Sublease Agreement (Nextest Systems Corp)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thirty Two Thousand Three Two Hundred Dollars ($26,30032,200) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (E Tek Dynamics Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thousand Three Hundred Dollars seven thousand five hundred dollars ($26,3007,500) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Eip Microwave Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thousand Three Hundred Dollars fifty thousand dollars ($26,30050,000) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (On Command Corp)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thousand Three Hundred Dollars ten thousand dollars ($26,30010,000) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor. If and when Lessor as determined in obtains earthquake insurance applicable to the sole Premises, Lessor shall provide Lessee 90 days advance written notice and absolute discretion Lessee shall pay to Lessor the annual premium amount on a pro-rata monthly basis over the term of Lessorthe applicable insurance policy.

Appears in 1 contract

Samples: Lease (Lynuxworks Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed TwentyForty-Six Seven Thousand Three Five Hundred Dollars ($26,30047,500) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined asdetermined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Larscom Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will shall pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Nineteen Thousand Three Four Hundred Seventy Dollars ($26,30019,470) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Amati Communications Corp)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thousand Three Hundred Dollars ($26,300) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Mission West Properties/New/)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Eleven Thousand Three Hundred Forty Dollars ($26,30011,340) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Sublease Agreement (LJL Biosystems Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed TwentySeventy-Six Two Thousand Three Hundred Dollars ($26,30072,000) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Xilinx Inc)

Earthquake Insurance. As a condition of Lessor agreeing to waive the replacement requirement for earthquake insurance, Lessee agrees that it will pay, as additional Rent, which shall be included in the monthly CAC, for any earthquake insurance purchased by Lessor, an amount not to exceed Twenty-Six Thousand Three Hundred Dollars sixty thousand dollars ($26,30060,000) per year for earthquake insurance if Lessor desires to obtain some form of earthquake insurance in the future, if and when available, on terms acceptable to Lessor as determined in the sole and absolute discretion of Lessor.

Appears in 1 contract

Samples: Lease Agreement (Mission West Properties/New/)