EXTRA HAZARDOUS USE. Tenant covenants and agrees that Tenant will not do or permit anything to be done in or upon the Premises, or bring in anything or keep anything therein, which shall increase the rate of property or liability insurance on the Premises or the Property above the standard rate applicable to Premises being occupied for the Permitted Uses. If the premium or rates payable with respect to any policy or policies of insurance carried by or on behalf of Landlord with respect to the Property increases as a result of any act or activity on or use of the Premises (other than the Permitted Uses) during the Term or payment by the insurer of any claim arising from any act or neglect of Tenant, its employees, agents, contractors or invitees, Tenant shall pay such increase, from time to time, within fifteen (15) days after demand therefore by Landlord, as Additional Rent.
Appears in 3 contracts
Samples: Lease (Repligen Corp), Lease (Repligen Corp), Lease (Repligen Corp)
EXTRA HAZARDOUS USE. Tenant covenants and agrees that Tenant will not do or permit anything to be done in or upon the Premises, or bring in anything or keep anything therein, which shall increase the rate of property or liability insurance carried by Landlord on the Premises or the Property above the standard rate applicable to Premises being occupied for the Permitted UsesUse. If the premium or rates payable with respect to any policy or policies of insurance carried purchased by Landlord or on behalf of Landlord Landlord’s Managing Agent with respect to the Property increases as a result of any act or activity on or use of the Premises (other than the Permitted Uses) during the Term or payment by the insurer of any claim arising from any act or neglect of Tenant, its employeesor Tenant’s Agents, agents, independent contractors or invitees, Tenant shall pay such increase, from time to time, within fifteen (15) days after demand therefore therefor by Landlord, as Additional Rent.
Appears in 2 contracts
Samples: Lease (Deciphera Pharmaceuticals, Inc.), Lease (Apellis Pharmaceuticals, Inc.)