Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) be issued by an insurance company having a rating of not less than A-X in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (ii) be in form and content reasonably acceptable to Landlord; and (iii) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to Tenant in writing. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty (30) days after delivery to Tenant of bills therefor.
Appears in 6 contracts
Samples: Office Lease (Bridgepoint Education Inc), Office Lease (Bridgepoint Education Inc), Office Lease (Bridgepoint Education Inc)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured on the liability insurance, including Landlord’s managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X A-:VII in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed authorized to do business in the State of California; and (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlord; and (iii) provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant. Tenant shall not cause said insurance shall not to be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of LandlordLandlord (unless such cancellation is the result of non-payment of premiums, the identity of whom has been provided to Tenant in writingwhich case not less than five (5) days’ notice shall be provided). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 5 contracts
Samples: Lease (Nkarta, Inc.), Lease (Annexon, Inc.), Lease (Pliant Therapeutics, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, and any other party the Landlord so specifies, as an additional insured, including Landlord’s managing agent, if any; (ii) specifically cover the liability assumed by Tenant under this Lease, including, but not limited to, Tenant’s obligations under Section 10.1 of this Lease; (iii) be issued by an insurance company having a rating of not less than A-X in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance requirement of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to Tenant in writing. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 5 contracts
Samples: Office Lease (Docusign Inc), Office Lease (BrightSource Energy Inc), Office Lease (Quality Systems Inc)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured or loss payee, as applicable, including Landlord's managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X :IX in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord, Landlord (unless such cancellation is the identity result of whom has been provided to Tenant in writingnon-payment of premiums). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 5 contracts
Samples: Torrey Pines Science Center (Brooklyn ImmunoTherapeutics, Inc.), Pointe Grand Business Park (Vaxart, Inc.), Lease (Audentes Therapeutics, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured on the liability insurance, including Landlord’s managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X A-:VII in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed authorized to do business in the State of California; and (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlord; and (iii) provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant. Tenant shall not cause said insurance shall not to be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of LandlordLandlord (unless such cancellation is the result of non-payment of premiums, the identity of whom has been provided to Tenant in writingwhich case note less than five (5) days’ notice shall be provided). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 5 contracts
Samples: Lease (Tenaya Therapeutics, Inc.), Sublease (Alector, Inc.), Lease (Denali Therapeutics Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, and any other party the Landlord so specifies, as an additional insured, including Landlord's managing agent, if any; (ii) specifically cover the liability assumed by Tenant under this Lease, including, but not limited to, Tenant's obligations under Section 10.1 of this Lease; (iii) be issued by an insurance company having a rating of not less than A-X in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance requirement of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to Tenant in writing. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 4 contracts
Samples: Office Lease (Cardionet Inc), Office Lease (Quality Systems Inc), Multi (Aehr Test Systems)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured on the liability insurance, including Landlord's managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X A-:VII in Best's Insurance Guide or which that is otherwise acceptable to Landlord and licensed authorized to do business in the State of California; and (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlord; and (iii) provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant. Tenant shall not cause said insurance shall not to be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of LandlordLandlord (unless such cancellation is the result of non-payment of premiums, the identity of whom has been provided to Tenant in writingwhich case note less than five (5) days' notice shall be provided). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Rent Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 3 contracts
Samples: Sublease (Sutro Biopharma, Inc.), Edgewater Business Park (Allogene Therapeutics, Inc.), Five Prime Therapeutics Inc
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured or loss payee, as applicable, including Landlord’s managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X :IX in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of Landlord, Landlord (unless such cancellation is the identity result of whom has been provided to Tenant in writingnon-payment of premiums). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 3 contracts
Samples: Lease, Lease (Synthorx, Inc.), Lease (Synthorx, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies in writing, as an additional insured or loss payee, as applicable, including Xxxxxxxx’s managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X A-: VII in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims for which Tenant is liable thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant, provided, however, only to the extent of liabilities covered by Tenant’s indemnity obligations pursuant to the terms of this Lease; and (v) be in form and content reasonably acceptable to Landlord; and (iii) . Tenant shall promptly provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to cancellation received by Tenant in writingfrom its insurer. Tenant shall deliver certificates of said policy or insurance policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration within a reasonable period of time after renewal dates thereofof such policies. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to giving Tenant and Tenant's failure to obtain such insurance within at least five (5) business days thereafterprior written notice with Xxxxxx thereafter failing to procure such insurance, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 2 contracts
Samples: Lease (Septerna, Inc.), Lease (Septerna, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured on the liability insurance, including Landlord’s managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X :VII in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed authorized to do business in the State of California; and (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlord; and (iii) provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant. Tenant shall not cause said insurance shall not to be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of LandlordLandlord (unless such HCP, INC. [Eccles Business Park] cancellation is the identity result of whom has been provided to Tenant in writingnon-payment of premiums). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 2 contracts
Samples: Lease (RAPT Therapeutics, Inc.), Lease (RAPT Therapeutics, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured or loss payee, as applicable, including Landlord's managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X :VIII in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed authorized to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant; (v) be commercially reasonable in form and content reasonably acceptable to Landlord; and (iii) content. Tenant shall promptly provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to cancellation received by Tenant in writingfrom its insurer. Tenant shall deliver said policy or certificates of such policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty (30) days after delivery to Tenant of bills therefor.
Appears in 2 contracts
Samples: Lease (Pulmonx Corp), Lease (Pulmonx Corp)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured on the liability insurance, including Landlord's managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X A-:VII in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed authorized to do business in the State of California; and (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlord; and (iii) provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant. Tenant shall not cause said insurance shall not to be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of LandlordLandlord (unless such cancellation is the result of non-payment of premiums, the identity of whom has been provided to Tenant in writingwhich case note less than five (5) days' notice shall be provided). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 2 contracts
Samples: Lease (Surrozen, Inc./De), Lease (CytomX Therapeutics, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured or loss payee, as applicable, including Landlord’s managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X :IX in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of Landlord, Landlord (unless such cancellation is the identity result of whom has been provided to Tenant in writingnon-payment of premiums). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 2 contracts
Samples: Lease (Audentes Therapeutics, Inc.), Lease (Benitec Biopharma LTD/ADR)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured on the liability insurance, including Landlord's managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X A-:VII in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed authorized to do business in the State of California; and (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlord; and (iii) provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant. Tenant shall not cause said insurance shall not to be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of LandlordLandlord (unless such cancellation is the result of non-payment of premiums, the identity of whom has been provided to Tenant in writingwhich case not less than five (5) days' notice shall be provided). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration renewal dates thereof. In the event Tenant shall fail to procure such insurance, or to 0000-0000-0000.7371310.00016/10-2-23/gjn/gjn -26- [Britannia Oyster Point][Pliant Therapeutics] deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Samples: Lease (Pliant Therapeutics, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this the Lease shall in no event limit the liability of Tenant under this the Lease. Such insurance shall (i) name Landlord, and any other party it so specifies, as an additional insured; (ii) specifically cover the liability assumed by Tenant under the Lease, including, but not limited to, Tenant's obligations under Section 10.1 of the Lease; (iii) be issued by an insurance company having a rating of not less than A-X VII in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlordprovide that any insurance carried by Landlord is excess and is noncontributing with any insurance requirement of Tenant; and (iiiv) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity ; and (vi) contain a cross-liability endorsement or severability of whom has been provided interest clause acceptable to Tenant in writingLandlord. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty (30) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) be issued by an insurance company having a rating of not less than A-X in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; , (ii) be in form and content reasonably acceptable to Landlord; and (iii) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to Tenant in writing. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's ’s failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty (30) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such All insurance shall (i) be issued by an insurance company having a rating of not less than A-X in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; and (ii) be in form and content reasonably acceptable to Landlord; and (iii) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord. In addition, the identity insurance described in Section 7.3.1 shall (a) name Landlord, and any other party specified by Landlord, as an additional insured; (b) specifically cover the liability assumed by Tenant under this Lease including, but not limited to, Tenant's obligations under Section 7.1 of whom has been provided this Lease; and (c) be primary insurance as to Tenant in writingall claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance requirement of Tenant. Tenant shall deliver said policy or all policies or certificates thereof to Landlord on or before the Lease Commencement Delivery Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written (i) deny Tenant the right to occupy the Premises until such time as Tenant delivers such policies or certificate (which denial shall have no effect upon the Lease Commencement Date), or (ii) following three (3) days prior notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Samples: Office Lease (Capstone Turbine Corp)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured on the liability insurance, including Landlord's managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X A-:VII in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed authorized to do business in the State of California; and (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlord; and (iii) provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant. Tenant shall not cause said insurance shall not to be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of LandlordLandlord (unless such cancellation is the result of non-payment of premiums, the identity of whom has been provided to Tenant in writingwhich case not less than five (5) days' notice shall be provided). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Samples: Lease (Nkarta, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant or its contractors, subcontractors, architects or engineers under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) as appropriate name Landlord, and any other party the Landlord so specifies, as an additional insured, including Landlord's managing agent, if any; (ii) specifically cover the liability assumed by Tenant under this Lease, including, but not limited to, Tenant's obligations under Section 10.1 of this Lease; (iii) be issued by an insurance company having a rating of not less than A-X in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance requirement of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage materially changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord, Landlord by the identity of whom has been provided to Tenant in writinginsurer or the Tenant. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty (30) days after delivery to Tenant of bills therefor.XXXXXX XXXX XXXXXXXXX XXXX [MicroSim Corporation]
Appears in 1 contract
Samples: Office Lease (Orcad Inc)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, and any other party it so specifies by written notice, as an additional insured; (ii) specifically cover the liability assumed by Tenant under this Lease, including, but not limited to, Tenant’s obligations under Section 10.1 of this Lease; (iii) be issued by an insurance company having a rating of not less than A-X XII in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed authorized to do business in the State of California; (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlordprovide that any insurance carried by Landlord is excess and is noncontributing with any insurance requirement of Tenant; and (iiiv) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity ; and (vi) contain a cross-liability endorsement or severability of whom has been provided interest clause acceptable to Tenant in writingLandlord. Tenant shall deliver delivery said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days prior before the expiration dates thereof. In Policies of insurance provided for herein may be carried under blanket or umbrella policies which the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty (30) days after delivery to Tenant of bills thereforinsuring party has in force.
Appears in 1 contract
Samples: Attornment and Nondisturbance Agreement (Trinet Group Inc)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) include Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured or loss payee, as applicable, including Landlord’s managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X :IX in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of Landlord, Landlord (unless such cancellation is the identity result of whom has been provided to Tenant in writingnon-payment of premiums). Tenant shall deliver certificates of said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty five (305) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Samples: Lease (Aligos Therapeutics, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, and any other property the Landlord so specifies, as an additional insured, including Landlord's managing agent, if (ii) specifically cover the liability assumed by Tenant under this Lease, including, but not limited to, Tenant's obligations under Section 10. 1 of this Lease; (iii) be issued by an insurance company having a rating of not less than A-X VIII in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance requirement of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to Tenant in writing. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificatecertificates, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Samples: Office Lease (Surge Components Inc)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured, including Landlord’s managing agent (but only with regard to commercial liability and general property insurance), if any; (ii) be issued by an insurance company having a rating of not less than A-X :IX in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of Landlord, Landlord (unless such cancellation is the identity result of whom has been provided to Tenant in writingnon-payment of premiums). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Samples: Lease (Sorrento Therapeutics, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such All insurance shall (i) be issued by an insurance company having a rating of not less than A-X in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; and (ii) be in form and content reasonably acceptable to Landlord; and (iii) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee or ground or underlying lessor of Landlord. In addition, the identity insurance described in Section 10.3.1 above shall (a) name Landlord, and any other party specified by Landlord, as an additional insured; (b) specifically cover the liability assumed by Tenant under this Lease including, but not limited to, Tenant's obligations under Section 10.1 of whom has been provided this Lease; (c) be primary insurance as to Tenant in writingall claims thereunder and provide that any insurance required by Landlord is excess and is non-contributing with any insurance requirement of Tenant; and (d) contain a cross-liability endorsement or severability of interest clause acceptable to Landlord. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof costs of it shall be paid to Landlord as Additional Rent within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, and any other party the Landlord so specifies, as an additional insured, including Landlord’s managing agent, if any; (ii) specifically cover the liability assumed by Tenant under this Lease, including, but not limited to, Tenant’s obligations under Section 10.1 of this Lease; (iii) be issued by an insurance company having a rating of not less than A-X in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance requirement of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to Tenant in writing. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord Land lord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) be issued by an insurance company having a an AM Best rating of not less than A-X in Best's Insurance Guide A X, or which is otherwise acceptable to Landlord and licensed to do business in the State of California; , (ii) be in form and content reasonably acceptable to Landlord; Landlord and complying with the requirements of Section 10.3, and (iii) provide that said insurance shall not be canceled or coverage changed unless Tenant provides thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to Tenant in writing. Tenant shall deliver said policy or policies or certificates thereof of such insurance and applicable endorsements which meet the requirements of this Article 10 to Landlord on or before (I) the earlier to occur of: (x) the Lease Commencement Date Date, and at least thirty (30y) the date Tenant and/or its employees, contractors and/or agents first enter the Premises for occupancy, construction of improvements, alterations, or any other move-in activities, and (II) five (5) business days before after the expiration dates thereofrenewal of such policies. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificatecertificates and applicable endorsements, Landlord may, at its option, after written notice to Tenant and Tenant's ’s failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of TenantTenant and the sole benefit of Landlord, and the cost thereof shall be paid to Landlord within thirty (30) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, and any other party it so specifies, as an additional insured; (ii) specifically cover the liability assumed by Tenant under this Lease, including, but not limited to, Tenant’s obligations under Section 10.1 of this Lease; (iii) be issued by an insurance company having a rating of not less than A-X VIII in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlordprovide that any insurance carried by Landlord is excess and is non-contributing with any insurance requirement of Tenant; and (iiiv) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to Tenant in writingmortgagee. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord as Additional Rent within thirty five (305) days after delivery to Tenant of bills therefortherefore.
Appears in 1 contract
Samples: Office Lease (Aries Ventures Inc)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) include Landlord, and any other party the Landlord so specifies, as an additional insured or loss payee, as applicable, including Xxxxxxxx's managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X :VII in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlordprovide that any insurance carried by Landlord is excess and is non-contributing with any insurance requirement of Tenant; and (iiiv) provide that said insurance shall not be canceled or coverage changed unless thirty the insurer shall endeavor to provide ten (3010) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to Tenant in writing. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Samples: Lease (Myriad Genetics Inc)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, Landlord's lender and Landlord's managing agent, if any, as an additional insured; (ii) specifically cover the liability assumed by Tenant under this Lease, including, but not limited to, Tenant's obligations under Section 10.1 of this Lease; (iii) be issued by an insurance company having a rating of not less than A-X A-:VIII in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlordprovide that any insurance carried by Landlord is excess and is non-contributing with any insurance requirement of Tenant; and (iiiv) provide that said insurance shall not be canceled or coverage changed unless thirty ten (3010) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to Tenant in writing. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Samples: Office Lease (Newgen Results Corp)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall shall, by endorsement, (i) name Landlord, and any other party the Landlord so specifies that has a material financial interest in the Building, as an additional insured, including Landlord's managing agent, if any; (ii) specifically cover the liability assumed by Tenant under this Lease, including, but not limited to, Tenant's obligations under Section 10.1 of this Lease; (iii) be issued by an insurance company having a rating of not less than A-X in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance requirement of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity of whom has been provided to Tenant in writing. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Samples: Office Lease (OverNear, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, and any other party the Landlord so specifies, as an additional insured, including Landlord’s managing agent, if any; (ii) specifically cover the liability assumed by Tenant under this Lease, including, but not limited to, Tenant’s obligations under Section 10.1 of this Lease; (iii) be issued by an insurance company having a rating of not less than A-X A-; VII in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance requirement of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' prior advance written notice shall have been given is promptly provided to Landlord and any mortgagee of Landlord, the identity of whom has been provided to Tenant in writing. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured or loss payee, as applicable, including Xxxxxxxx's managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X VII or better in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of Landlord, Landlord (unless such cancellation is the identity result of whom has been provided to Tenant in writingnon-payment of premiums). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Samples: Lease (Tempest Therapeutics, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured on the liability insurance, including Landlord's managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X A-:VII in Best's Insurance Guide or which is otherwise acceptable to Landlord and licensed authorized to do business in the State of California; and (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlord; and (iii) provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant. Tenant shall not cause said insurance shall not to be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to Landlord and any mortgagee of LandlordLandlord (unless such cancellation is the result of non-payment of premiums, the identity of whom has been provided to Tenant in writingwhich case not less than five (5) days' notice shall be provided). Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty (30) days on or before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Samples: Lease (Graphite Bio, Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so specifies, as an additional insured or loss payee, as applicable, including Landlord’s managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X :VIII in Best's ’s Insurance Guide or which is otherwise acceptable to Landlord and licensed authorized to do business in the State of California; (iiiv) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is excess and is non-contributing with any insurance required of Tenant; (v) be in form and content reasonably acceptable to Landlord; and (iiivi) provide that said insurance shall not be canceled or coverage changed unless thirty (30) days' ’ prior written notice shall have been given to Landlord and any mortgagee of Landlord, Landlord (unless such cancellation is the identity result of whom has been provided to Tenant in writingnon-payment of premiums). Tenant shall deliver said policy or policies or certificates thereof of insurance to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord may, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract
Samples: Lease (Principia Biopharma Inc.)
Form of Policies. The minimum limits of policies of insurance required of Tenant under this Lease shall in no event limit the liability of Tenant under this Lease. Such insurance shall (i) name Landlord, its subsidiaries and affiliates, its property manager (if any) and any other party the Landlord so reasonably specifies, as an additional insured on the liability insurance policies, including Landlord's managing agent, if any; (ii) be issued by an insurance company having a rating of not less than A-X :VII in Best's Insurance Guide or equivalent or which is otherwise acceptable to Landlord and licensed authorized to do business in the State of California; and (iiiv) be in form primary insurance as to all claims thereunder and content reasonably acceptable to Landlord; and (iii) provide that said any insurance shall not be canceled or coverage changed unless thirty (30) days' carried by Landlord is excess and is non-contributing with any insurance required of Tenant. Tenant will give prior written notice shall have been given to Landlord and any mortgagee of Landlord, the identity Landlord of whom has been provided to Tenant in writingany change or cancellation of such policies. Tenant shall deliver said policy or policies or certificates thereof to Landlord on or before the Lease Commencement Date and at least thirty ten (3010) days before the expiration dates thereof. In the event Tenant shall fail to procure such insurance, or to deliver such policies or certificate, Landlord maymay after ten (10) days' written notice, at its option, after written notice to Tenant and Tenant's failure to obtain such insurance within five (5) business days thereafter, procure such policies for the account of Tenant, and the cost thereof shall be paid to Landlord within thirty five (305) days after delivery to Tenant of bills therefor.
Appears in 1 contract