Common use of Increase in Insurance Clause in Contracts

Increase in Insurance. The amounts of insurance coverage Tenant is required to maintain under this Lease are subject to review at the end of each two (2) year period after the Lease Commencement Date. At each review, if necessary to maintain the same level of coverage that existed on the Lease Commencement Date, the amounts of coverage shall be increased to the amounts of coverage carried by prudent landlords and tenants of Comparable Buildings.

Appears in 4 contracts

Samples: Work Agreement (Callidus Software Inc), Work Agreement (Callidus Software Inc), Lease (Taleo Corp)

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Increase in Insurance. The amounts of insurance coverage Tenant is required to maintain under by this Lease are subject to review by the Landlord at the end of each two (2) year period after following the Lease Commencement Beginning Date. At each review, if necessary to maintain the same level of coverage that existed on the Lease Commencement Beginning Date, the amounts of coverage shall be increased to the amounts of coverage carried by prudent landlords and tenants of Comparable Buildings.lesser of:

Appears in 2 contracts

Samples: Lease (Bancshares of Florida Inc), Lease (Bancshares of Florida Inc)

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