Common use of Increase in Amount of Public Liability and Property Damage Insurance Clause in Contracts

Increase in Amount of Public Liability and Property Damage Insurance. Not more frequently than each 3 years, if, in the opinion of Landlord’s insurance broker, the amount of public liability and property damage insurance coverage at that time is not adequate, Tenant shall increase the insurance coverage as required by Landlord’s insurance broker.

Appears in 1 contract

Samples: GNLV Corp

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Increase in Amount of Public Liability and Property Damage Insurance. Not more frequently than each 3 every three years, if, in the opinion of Landlord’s landlord's lender or of the insurance brokerbroker retained by landlord, the amount of public liability and property damage insurance coverage at that time is not adequate, Tenant tenant shall increase the insurance coverage as reasonably required by Landlord’s either landlord's lender or landlord's insurance broker.

Appears in 1 contract

Samples: Commercial Lease and Option for Purchase Agreement (Mohawk Industries Inc)

Increase in Amount of Public Liability and Property Damage Insurance. Not more frequently than once each 3 yearsyear, if, in the reasonable opinion of Landlord’s 's Lender or of the insurance brokerbroker retained by Landlord, the amount of any public liability and property damage insurance coverage provided for in Paragraph 12.03 at that time is not adequate, Tenant shall increase the insurance coverage shall be reasonably increased as required by either Landlord’s 's Lender or Landlord's insurance broker.

Appears in 1 contract

Samples: Office Lease (Community Bancorp Inc)

Increase in Amount of Public Liability and Property Damage Insurance. Not more frequently than each 3 two (2) years, if, in the opinion of Landlord’s lender or of the insurance brokerbroker retained by Landlord, the amount of public liability and property damage insurance coverage at that time is not adequate, Tenant shall increase the insurance coverage as required by either Landlord’s lender or Landlord’s insurance broker.. Initials: __MR_ __RW_

Appears in 1 contract

Samples: Lease Agreement (Forevergreen Worldwide Corp)

Increase in Amount of Public Liability and Property Damage Insurance. Not more frequently than each 3 every three years, if, in the opinion of Landlord’s lender or in the commercially reasonable opinion of the insurance brokerbroker retained by Landlord, the amount of public liability and and/or property damage insurance coverage at that time is not adequate, Tenant shall increase the insurance coverage as reasonably required by Landlord’s either said lender or insurance broker.

Appears in 1 contract

Samples: Office Lease (Nile Therapeutics, Inc.)

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Increase in Amount of Public Liability and Property Damage Insurance. Not more frequently than each 3 two (2) years, if, if in the opinion of Landlord’s 's lender or of the insurance brokerbroker retain by Landlord, the amount of public liability and property damage insurance coverage at that time is not adequate, Tenant shall increase the insurance broker. Such opinion shall be reasonably taken and arrived at to provide the same relative coverage as required by Landlord’s insurance brokerwas provided hereunder at time of execution of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Medcross Inc)

Increase in Amount of Public Liability and Property Damage Insurance. Not more frequently than each 3 two (2) years, if, in the opinion of Landlord’s lender or of the insurance brokerbroker retained by Landlord, the amount of public liability and property damage insurance coverage at that time is not adequate, Tenant shall increase the insurance coverage as required by either Landlord’s lender or Landlord’s insurance broker.

Appears in 1 contract

Samples: Lease Agreement (Whole Living Inc)

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