Failure to Obtain and Maintain Insurance. If Xxxxxx fails to procure and maintain the insurance described above, Lessor shall have the right, but not the obligation, to procure and maintain substitute insurance and to pay the premiums. Lessee shall pay to Lessor upon demand the full amount paid by Xxxxxx.
Appears in 6 contracts
Samples: Commercial Lease Premises With Common Area, Commercial Lease Premises With Common Area, Commercial Lease Premises With Common Area
Failure to Obtain and Maintain Insurance. If Xxxxxx Lessee fails to procure and maintain the insurance described above, Lessor shall have the right, but not the obligation, to procure and maintain substitute insurance and to pay the premiums. Lessee shall pay to Lessor upon demand the full amount paid by XxxxxxLessor. Failure to maintain insurance as required will be a breach of this lease.
Appears in 2 contracts
Samples: Monthly T Hangar Lease Agreement, Monthly Aircraft Tie Down Lease Agreement
Failure to Obtain and Maintain Insurance. If Xxxxxx fails to procure and maintain the insurance described above, Lessor shall have the right, but not the obligation, to procure and maintain substitute insurance and to pay the premiums. Upon demand, Lessee shall pay to Lessor upon demand the full amount paid by Xxxxxx.
Appears in 1 contract
Samples: Monthly Tie Down Lease Agreement
