Common use of Governmental and Insurance Requirements Clause in Contracts

Governmental and Insurance Requirements. (a) Tenant shall comply, at Tenant's sole cost and expense, with all reasonable requirements of the insurance underwriters, or any similar public or private body, provided that any such requirements of such insurance underwriters, or any similar public or private body, are conditions to the continuance of any of the insurance coverage required hereunder, and any governmental authority having jurisdiction over insurance rates with respect to the use or occupancy of the Premises as a part of Shopping Center, including, without limitation (i) installing fire extinguishers or automatic dry chemical extinguishing systems; (ii) making any changes, modifications, alterations or additions in the sprinkler system within the Premises; and (iii) relocating partitions, trade fixtures or other contents within the Premises. (b) Tenant shall not commit any act or suffer to exist on the Premises any circumstances which will violate any reasonable restrictions contained in any of Tenant's or Landlord's policies of fire and casualty or public liability insurance, prevent Landlord from continuing the coverage presently provided in Landlord's insurance policies from insurance companies reasonably acceptable to Landlord or cause the rates for any such policies to increase beyond the minimum rates from time to time applicable to the Premises or the Shopping Center for the Permitted Use, provided such minimum rate would have been available to Landlord but for Tenant's actions or use. In the event that Landlord receives any notice from Landlord's insurance company regarding any violation by Tenant of any of Landlord's insurance policies, or of any proposed increase in Landlord's premiums from the minimum rate from time to time applicable thereunder because of any act, omission or sufferance by Tenant in, on or under the Premises, Landlord shall notify Tenant, and Tenant shall reimburse Landlord as additional Rent the amount of any such increase promptly following Landlord's written demand therefor. (c) In the event that Landlord receives any notice from Landlord's insurance company regarding any violation by Tenant of any of Landlord's insurance policies, or of any proposed increase in Landlord's premiums from the minimum rate from time to time applicable thereunder because of any act, omission or sufferance by Tenant in, on or under the Premises, Landlord shall notify Tenant, and Tenant shall reimburse Landlord as additional Rent the amount of any such increase promptly following Landlord's written demand therefor.

Appears in 6 contracts

Samples: Store Lease Agreement (Gottschalks Inc), Asset Purchase Agreement (Gottschalks Inc), Store Lease Agreement (Gottschalks Inc)

AutoNDA by SimpleDocs

Governmental and Insurance Requirements. (a) Throughout the Lease term, Tenant shall complyagrees, at Tenant's its sole cost and expense, that it will promptly comply in every respect with all reasonable requirements of the insurance underwritersGovernmental Requirements now in force or that may be duly enacted hereafter, foreseen and unforeseen, whether or any similar public or private body, provided that any such requirements of such insurance underwriters, or any similar public or private body, are conditions not compliance therewith shall require changes to the continuance Improvements and whether or not such changes are structural or nonstructural, interior or exterior, ordinary or extraordinary or otherwise. Tenant also agrees, at its sole cost and expense, that it will promptly comply in every respect with all terms and provisions of any of the insurance coverage required hereunder, and any governmental authority having jurisdiction over insurance rates with respect to the use or occupancy of the Premises as a part of Shopping Center, including, without limitation (i) installing fire extinguishers or automatic dry chemical extinguishing systems; (ii) making any changes, modifications, alterations or additions in the sprinkler system within the Premises; and (iii) relocating partitions, trade fixtures or other contents within the Premises. (b) Tenant shall not commit any act or suffer to exist on the Premises any circumstances which will violate any reasonable restrictions contained in any of Tenant's or Landlord's policies of fire and casualty or public liability insurance, prevent Landlord from continuing the coverage presently provided in Landlord's its insurance policies from insurance companies reasonably acceptable to Landlord covering or cause the rates for any such policies to increase beyond the minimum rates from time to time applicable to the Premises or any part thereof. Tenant agrees, at its sole cost and expense, that it will make all additions, repairs and alterations to the Shopping Center Premises, and other facilities thereon which are or hereafter may be required in order to comply with the foregoing. Tenant agrees, at its sole cost and expense, that it will also observe and comply with the requirements of all policies of public liability, fire and all other policies of insurance at any time in force with respect to the Premises. Tenant covenants and agrees to indemnify and save Landlord harmless from any penalties, damages, or charges imposed for the Permitted Use, provided such minimum rate would have been available to Landlord but for Tenant's actions or use. In the event that Landlord receives any notice from Landlord's insurance company regarding any violation of the covenants and obligations of Tenant set forth in this Section, whether occasioned by Tenant of any of Landlord's insurance policies, or of any proposed increase in Landlord's premiums from the minimum rate from time to time applicable thereunder because of any actneglect, omission or sufferance willful act of Tenant or any person upon the Premises by license or invitation of Tenant inor holding or occupying the Premises or any part thereof under, on or under the Premisesby right of, Landlord shall notify Tenant, and Tenant shall reimburse Landlord as additional Rent unless caused primarily by the amount of any such increase promptly following Landlord's written demand therefor. (c) In the event that Landlord receives any notice from Landlord's insurance company regarding any violation by Tenant of any of Landlord's insurance policies, or of any proposed increase in Landlord's premiums from the minimum rate from time to time applicable thereunder because of any actneglect, omission or sufferance by Tenant inwillful act of Landlord or Landlord’s contractors, on agents or under the Premises, Landlord shall notify Tenant, and Tenant shall reimburse Landlord as additional Rent the amount of any such increase promptly following Landlord's written demand thereforemployees.

Appears in 1 contract

Samples: Ground Lease (Alien Technology Corp)

AutoNDA by SimpleDocs

Governmental and Insurance Requirements. (a) Throughout the term of this Lease, Tenant shall complyagrees, at Tenant's its sole cost and expense, that it will promptly comply in every respect with all reasonable requirements of the insurance underwritersGovernmental Requirements now in force or that may be duly enacted hereafter, foreseen and unforeseen, whether or any similar public or private body, provided that any such requirements of such insurance underwriters, or any similar public or private body, are conditions not compliance therewith shall require changes to the continuance Improvements and whether or not such changes are structural or nonstructural, interior or exterior, ordinary or extraordinary or otherwise. Tenant also agrees, at its sole cost and expense, that it will promptly comply in every respect with all terms and provisions of any of the insurance coverage required hereunder, and any governmental authority having jurisdiction over insurance rates with respect to the use or occupancy of the Premises as a part of Shopping Center, including, without limitation (i) installing fire extinguishers or automatic dry chemical extinguishing systems; (ii) making any changes, modifications, alterations or additions in the sprinkler system within the Premises; and (iii) relocating partitions, trade fixtures or other contents within the Premises. (b) Tenant shall not commit any act or suffer to exist on the Premises any circumstances which will violate any reasonable restrictions contained in any of Tenant's or Landlord's policies of fire and casualty or public liability insurance, prevent Landlord from continuing the coverage presently provided in Landlord's its insurance policies from insurance companies reasonably acceptable to Landlord covering or cause the rates for any such policies to increase beyond the minimum rates from time to time applicable to the Premises or any part thereof. Tenant agrees, at its sole cost and expense, that it will make all additions, repairs and alterations to the Shopping Center Premises, and other facilities thereon which are or hereafter may be required in order to comply with the foregoing. Tenant agrees, at its sole cost and expense, that it will also observe and comply with the requirements of all policies of public liability, fire and all other policies of insurance at any time in force with respect to the Premises. Tenant covenants and agrees to indemnify and save Landlord harmless from any penalties, damages, or charges imposed for the Permitted Use, provided such minimum rate would have been available to Landlord but for Tenant's actions or use. In the event that Landlord receives any notice from Landlord's insurance company regarding any violation of the covenants and obligations of Tenant set forth in this Article, whether occasioned by Tenant of any of Landlord's insurance policies, or of any proposed increase in Landlord's premiums from the minimum rate from time to time applicable thereunder because of any actneglect, omission or sufferance willful act of Tenant or any person upon the Premises by license or invitation of Tenant inor holding or occupying the Premises or any part thereof under, on or under the Premisesby right of, Landlord shall notify Tenant, and Tenant shall reimburse Landlord as additional Rent unless caused primarily by the amount of any such increase promptly following Landlord's written demand therefor. (c) In the event that Landlord receives any notice from Landlord's insurance company regarding any violation by Tenant of any of Landlord's insurance policies, or of any proposed increase in Landlord's premiums from the minimum rate from time to time applicable thereunder because of any actneglect, omission or sufferance by Tenant in, on willful act of Landlord or under the Premises, Landlord shall notify Tenant, and Tenant shall reimburse Landlord as additional Rent the amount of any such increase promptly following Landlord's written demand thereforcontractors, agents or employees.

Appears in 1 contract

Samples: Ground Lease (Founders Food & Firkins LTD /Mn)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!