Common use of Fire and Extended Coverage, Vandalism Clause in Contracts

Fire and Extended Coverage, Vandalism. Malicious Mischief, Sprinkler Leakage and Special Extended Coverage Insurance in an amount adequate to cover the cost of replacement of all personal property, decoration, trade fixtures, furnishings, equipment in the Premises and all contents therein. Lessor shall not be liable for any damage to such property of Lessee by fire or other peril includable in the coverage afforded by the standard form of fire insurance policy with extended coverage endorsement attached (whether or not such coverage is in effect), no matter how caused, it being understood that the Lessee will look solely to its insurer for reimbursement.

Appears in 11 contracts

Samples: Assignment and Assumption of Lease (Medicines Co/ Ma), Lease (Pharmaceutical Resources Inc), Lease (Purchasesoft Inc)

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Fire and Extended Coverage, Vandalism. Malicious Mischief, Sprinkler Leakage and Special Extended Coverage Insurance in an amount adequate to cover the cost of replacement of all personal property, decorationdecorations, trade fixtures, furnishings, equipment in the Premises and all contents therein. Lessor shall not be liable for any damage to such property of Lessee by fire or other peril includable in the coverage afforded by the standard form of fire insurance policy with extended coverage endorsement attached (whether or not such coverage is in effect), no matter how caused, it being understood that the Lessee will look solely to its insurer for reimbursement. Lessee, at its option, may self-insure for the coverages set forth in this subparagraph (ii).

Appears in 1 contract

Samples: Lease Agreement (Alteon Inc /De)

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Fire and Extended Coverage, Vandalism. Malicious Mischief, Sprinkler Leakage Mischief and Special Extended Coverage Insurance in an amount adequate to cover the cost costs of replacement of all personal property, decoration, trade fixtures, furnishings, furnishings and equipment in the Premises and all contents therein. Lessor Landlord shall not be liable for any damage to such property of Lessee Tenant by fire or other peril includable in the coverage afforded by the standard form of fire insurance policy with extended coverage endorsement attached (whether or not such coverage is in effect), no matter how caused, it being understood that the Lessee Tenant will look solely to its insurer for reimbursement.

Appears in 1 contract

Samples: Lease Agreement (All Tech Investment Group Inc /De/)

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