Common use of Increase in Amount of Insurance Clause in Contracts

Increase in Amount of Insurance. Tenant shall increase the amounts of insurance as required by any Mortgagee, and, not more frequently than once every three (3) years, as recommended by Landlord's insurance broker, if, in the opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's insurance shall not limit the liability of Tenant under this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Serena Software Inc), Lease Agreement (Shrena Software Inc)

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Increase in Amount of Insurance. Tenant shall increase the amounts of insurance as required by any Mortgagee, and, not more frequently than once every three (3) years, as recommended by Landlord's ’s insurance broker, if, in the opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's ’s insurance shall not limit the liability of Tenant under this Lease.

Appears in 1 contract

Samples: Agreement of Lease (Fluidigm Corp)

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Increase in Amount of Insurance. Tenant shall increase the amounts of insurance as required by any Mortgagee, and, not more frequently than once every three (3) years, as recommended by Landlord's ’s insurance broker, if, in the reasonable opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's ’s insurance shall not limit the liability of Tenant under this Lease.

Appears in 1 contract

Samples: Agreement of Lease (Fluidigm Corp)

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