Increase in Insurance Premiums. Tenant shall not do anything or keep anything in or about the Premises that may invalidate or conflict with or increase the premium for any policy of insurance carried by the Commission. In the event the Commission’s insurance premiums are increased as a result of Tenant’s activity, the amount of such increase shall, at the Commission’s sole election, be paid by Tenant to the Commission as Additional Rent, provided, that the Commission first shall have notified Tenant to enable Tenant to discontinue said activity.
Appears in 3 contracts
Samples: Concession Agreement, Sample Lease and Agreement, Concession Agreement
Increase in Insurance Premiums. Tenant shall not do anything act, fail to act, or keep anything in or about the Premises that may invalidate or conflict with or increase the premium for any policy of insurance carried by the Commission. In the event the Commission’s insurance premiums are increased as a result of Tenant’s activityact or failure to act, the amount of such increase shall, at the Commission’s sole election, be paid by Tenant to the Commission as Additional Rent, provided, that the Commission first shall have notified Tenant to enable Tenant to discontinue said activitysuch activity or take such required action.
Appears in 1 contract
Samples: Parking Lot Lease and Agreement
Increase in Insurance Premiums. Tenant shall not do anything act, fail to act, or keep anything in or about the Premises in a manner that may invalidate or conflict with or increase the premium for any policy of insurance carried by the Commission. In the event the Commission’s insurance premiums are increased as a result of Tenant’s activityact or failure to act, the amount of such increase shall, at the Commission’s sole election, be paid by Tenant to the Commission as Additional Rent, provided, that the Commission first shall have notified Tenant to enable Tenant to discontinue said activitysuch activity or take such required action.
Appears in 1 contract
Samples: Airport Lease and Operating Agreement (Experience Investment Corp.)