Common use of Increase in Insurance Premium Clause in Contracts

Increase in Insurance Premium. If, because of anything done, caused to be done, permitted or omitted by Tenant, the premium rate for any kind of insurance affecting the Building shall be raised, Tenant agrees that the amount of the increase in premium which Landlord shall thereby be obligated to pay for such insurance shall be paid by Tenant to Landlord, on demand, and that if Landlord shall demand that Tenant remedy the condition which caused the increase in the insurance premium rate, Tenant will remedy such condition within thirty (30) days after such demand. Tenant agrees that it shall not do or cause to be done or permit an the Premises, anything deemed more hazardous than use as a normal business office.

Appears in 1 contract

Samples: Commencement Agreement (Alydaar Software Corp /Nc/)

AutoNDA by SimpleDocs

Increase in Insurance Premium. If, because of anything done, ------------------------------ caused to be done, permitted or omitted by the Tenant, the premium rate for any kind of insurance affecting the Building shall be raised, the Tenant agrees that the amount of the increase in premium which the Landlord shall thereby be obligated to pay for such insurance shall be paid by the Tenant to the Landlord, on demand, and that if the Landlord shall demand that the Tenant remedy the condition which caused the increase in the insurance premium rate, the Tenant will remedy such condition within thirty (30) days after such demand. The Tenant agrees that it shall not do or cause to be done or permit an on the Premises, anything deemed more hazardous than use as a normal business office.

Appears in 1 contract

Samples: Smartage Corp

Increase in Insurance Premium. If, because of anything done, caused to be done, permitted or omitted by the Tenant, the premium rate for any kind of insurance affecting the Building Buildings shall be raised, the Tenant agrees that the amount of the increase in premium which the Landlord shall thereby be obligated to pay for such insurance shall be paid by the Tenant to the Landlord, on demand, and that if the Landlord shall demand that the Tenant remedy the condition which caused the increase in the insurance premium rate, the Tenant will remedy such condition within thirty (30) days after such demand. The Tenant agrees that it shall not do or cause to be done or permit an on the Premises, anything deemed more hazardous than use as a normal business office.

Appears in 1 contract

Samples: Coca Cola Bottling Co Consolidated /De/

AutoNDA by SimpleDocs

Increase in Insurance Premium. If, because of anything done, caused to be done, permitted or omitted by Tenant, the premium rate for any kind of insurance affecting the Building Buildings shall be raised, Tenant agrees that the amount of the increase in premium which Landlord shall thereby be obligated to pay for such insurance shall be paid by Tenant to Landlord, on demand, and that if Landlord shall demand that Tenant remedy the condition which caused the increase in the insurance premium rate, Tenant will remedy such condition within thirty (30) days after such demand. Tenant agrees that it shall not do or do, cause to be done or permit an on the Premises, Premises anything deemed more hazardous than that necessary in the customary use as of a normal business office.

Appears in 1 contract

Samples: Mecklenburg   Lease Agreement (Coca Cola Bottling Co Consolidated /De/)

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