Common use of Increase in Fire Insurance Premium Clause in Contracts

Increase in Fire Insurance Premium. Tenant agrees that it will not keep, use, sell or offer for sale in or upon the Leased Premises any article which may be prohibited by the standard form of fire and extended risk insurance policy. Tenant agrees to pay any increase in premiums for fire and extended coverage insurance that may be charged during the term of this Lease on the amount of such insurance which may be carried by Landlord on said premises or the building of which they are a part, resulting from the type of merchandise used or sold by Tenant in the Leased Premises, whether or not Landlord has consented to the same.

Appears in 4 contracts

Samples: Lease Agreement (Transcat Inc), Lease (Galacticomm Technologies Inc), Lease (Andrx Corp)

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