Increase in Insurance Premiums and Cancellation of Insurance Sample Clauses

Increase in Insurance Premiums and Cancellation of Insurance. The Tenant agrees that it will use commercially reasonable efforts to cause its employees, agents, occupants and invitees not to keep in or upon the Retail Component any article or substance which may be prohibited by the insurance policies mentioned above or do or omit, or permit to be done or omitted, anything which will cause the cancellation of any insurance policy. If any insurance policy should be cancelled or the coverage reduced or a threat of cancellation or reduction of coverage made by reason of anything arising out of the use or occupation of the Retail Component by the Tenant, whether or not the first sentence of this Section has been complied with, and if Tenant fails to remedy the condition giving rise to such cancellation, reduction or threat upon ten (10) days’ Notice thereof by the Landlord, the Landlord may enter the Retail Component and remedy the condition at the sole cost and expense of Tenant, which cost and/or expense shall be payable to the Landlord forthwith on demand as Rent in arrears, and in addition or in the alternative, may exercise any other remedy available to it.
AutoNDA by SimpleDocs
Increase in Insurance Premiums and Cancellation of Insurance. The Tenant agrees that it will use commercially reasonable efforts to cause its employees, agents, occupants and invitees not to keep in or upon the Stadium Component any article or substance which may be prohibited by the insurance policies mentioned above or do or omit, or permit to be done or omitted, anything which will cause any increase in the insurance premiums or the cancellation of any insurance policy. If any insurance policy should be cancelled or the coverage reduced or a threat of cancellation or reduction of coverage made by reason of anything arising out of the use or occupation of the Stadium Component by the Tenant, whether or not the first sentence of this Section has been complied with, and if Tenant fails to remedy the condition giving rise to such cancellation, reduction or threat upon ten (10) days’ Notice thereof by the Landlord, the Landlord may enter the Stadium Component and remedy the condition at the sole cost and expense of Tenant, which cost and/or expense shall be payable to the Landlord forthwith on demand as Rent in arrears, and in addition or in the alternative, may exercise any other remedy available to it.

Related to Increase in Insurance Premiums and Cancellation of Insurance

  • Maintenance/Cancellation of Insurance There will be no cancellation or reduction of coverage of any required insurance without thirty (30) days’ written notice to the Contractor. Such notice may be sent by the Subcontractor’s insurance carrier, insurance broker, or the Subcontractor.

  • Cancellation of Insurance There will be no cancellation or reduction of coverage of any required insurance without thirty (30) days’ written notice to the Contractor. Such notice may be sent by the Subcontractor’s insurance carrier, insurance broker, or the Subcontractor. Waiver of Subrogation. Subcontractor waives all rights against Contractor, Client, other subcontractors, and their agents.

  • TERMINATION OF INSURANCE A. Your policy will lapse if you do not pay your premium when due.

  • Duration of Insurance Contribution An employee is eligible for School District contributions as provided in this Article as long as an employee is employed by the School District. Employees whose employment terminates during the school year will be eligible for insurance and district contributions to insurance through the end of the month in which they terminate provided they pay the employee portion of the insurance premium for that month. Otherwise, the employee’s insurance will terminate as of the last day of employment.

  • Application of Insurance Proceeds Grantor shall promptly notify Lender of any loss or damage to the Collateral. Lender may make proof of loss if Grantor fails to do so within fifteen (15) days of the casualty. All proceeds of any insurance on the Collateral, including accrued proceeds thereon, shall be held by Lender as part of the Collateral. If Lender consents to repair or replacement of the damaged or destroyed Collateral, Lender shall, upon satisfactory proof of expenditure, pay or reimburse Grantor from the proceeds for the reasonable cost of repair or restoration. If Lender does not consent to repair or replacement of the Collateral, Lender shall retain a sufficient amount of the proceeds to pay all of the Indebtedness, and shall pay the balance to Grantor. Any proceeds which have not been disbursed within six (6) months after their receipt and which Grantor has not committed to the repair or restoration of the Collateral shall be used to prepay the Indebtedness.

  • Separation of Insureds All liability policies shall provide cross-liability coverage as would be afforded by the standard ISO (Insurance Services Office, Inc.) separation of insureds provision with no insured versus insured exclusions or limitations.

  • Evidence of Insurance Receipt by the Administrative Agent of copies of insurance policies or certificates of insurance of the Loan Parties evidencing liability and casualty insurance meeting the requirements set forth in the Loan Documents, including, but not limited to, naming the Administrative Agent as additional insured (in the case of liability insurance) or loss payee (in the case of hazard insurance) on behalf of the Lenders.

  • Continuation of Insurance Benefits Notwithstanding any other provision in this Agreement to the contrary, the Bank and/or its successor shall maintain in full force and effect for Employee's continued benefit, for the two (2) year period beginning upon a Change in Control, all life insurance, medical, health and accident and disability policies, plans, programs or arrangements which were in effect immediately prior to the Change in Control.

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