Common use of Increase in Fire Insurance Premium Clause in Contracts

Increase in Fire Insurance Premium. Tenant agrees not to keep upon the Premises any articles or goods which may be prohibited by the applicable standard from insurance policy. In the event the insurance rates applicable to fire and extended coverage insurance covering the Premises shall be increased by reason of any use (or vacancy) of the Premises made by the Tenant, then Tenant shall pay to landlord such increase in insurance premiums as shall be occasioned by said use.

Appears in 1 contract

Samples: Lease Agreement (Celerity Systems Inc)

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Increase in Fire Insurance Premium. Tenant agrees not to keep upon the Premises any articles or goods which may be prohibited by the applicable standard from form of fire insurance policy. In It is agreed between the parties that in the event the insurance rates applicable to fire and extended coverage insurance covering the Premises shall be increased by reason of any use (or vacancy) of the Premises made by the Tenant, then Tenant shall pay to landlord such increase in insurance premiums as shall be occasioned by said useincreased premium therefor.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intergraph Corp)

Increase in Fire Insurance Premium. Tenant agrees not to keep upon the Premises any articles or goods which may be prohibited by the applicable standard from form of fire insurance policy. In It is agreed between the parties that in the event the insurance rates applicable to fire and extended coverage insurance covering the Premises shall be increased by reason of any use (or vacancy) of the Premises made by the Tenant, then Tenant shall pay to landlord Landlord such increase in insurance premiums as shall be occasioned by said use, as additional rent hereunder, due upon demand by Landlord. Landlord acknowledges that Tenant's use will not cause an increase.

Appears in 1 contract

Samples: Office Lease Agreement (Syntel Inc)

Increase in Fire Insurance Premium. Tenant agrees not to keep upon the Premises any articles or goods which may be prohibited by the applicable standard from form of fire insurance policy. In It is agreed between the parties that in the event the insurance rates applicable to fire and extended coverage insurance covering the Premises shall be increased by reason of any use (or vacancy) of the Premises made by the Tenant, then Tenant shall pay to landlord Landlord, upon demand, the amount of such increase in insurance premiums the premium as shall be occasioned by said use.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intergraph Corp)

Increase in Fire Insurance Premium. Tenant agrees not to keep upon the Demised Premises any articles articles, materials, equipment or goods which may be prohibited by the applicable standard from form of fire insurance policy. In It is agreed between the parties that in the event the insurance rates applicable to fire and extended coverage insurance covering the Premises within premises shall be increased by reason of any use (or vacancy) of the Demised Premises made by the Tenant, then Tenant shall pay to landlord Landlord such increase in insurance premiums as shall be occasioned by said use, within ten (10) days of Tenant's receipt of a xxxx for same.

Appears in 1 contract

Samples: Lease Agreement (Tangram Enterprise Solutions Inc)

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Increase in Fire Insurance Premium. Tenant agrees not to keep upon the Demised Premises any articles article or goods which may be prohibited by the applicable standard from form of fire insurance policy. In It is agreed between the parties that in the event the insurance rates applicable to fire and extended coverage insurance covering the Demised Premises shall be increased by reason of any use (or vacancy) of the Demised Premises made by the Tenant, then Tenant shall pay to landlord Landlord such increase increases in insurance premiums as shall be occasioned by said use.

Appears in 1 contract

Samples: Lease Agreement

Increase in Fire Insurance Premium. Tenant agrees will not to keep upon the Premises any articles or goods which may be prohibited by the applicable standard from form of fire insurance policy. In the event the insurance rates applicable to fire and extended coverage insurance covering the Premises shall be is increased by reason of any use (or vacancy) of the Premises made by the Tenant, then Tenant shall pay to landlord Landlord such increase in insurance premiums as shall be occasioned by said use.

Appears in 1 contract

Samples: Lease Agreement (Air T Inc)

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