Common use of Increase in Port’s Cost of Insurance Clause in Contracts

Increase in Port’s Cost of Insurance. Lessee shall not use the Premises in such a manner as to increase the existing rates of insurance applicable to the buildings or structures of which the Premises are a part. If it nevertheless does so, then, at the option of the Port, the full amount of any resulting increase in premiums paid by the Port with respect to the buildings or structures of which the Premises are a part, and to the extent allocable to the term of this Lease, may be added to the amount of Rent and shall be paid by Lessee to the Port upon the monthly rental day next thereafter occurring.

Appears in 11 contracts

Samples: Terminal Lease Agreement, Terminal Lease Agreement, Lease Agreement

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Increase in Port’s Cost of Insurance. Lessee Concessionaire shall not use the Premises in such a manner as to increase the existing rates of insurance applicable to the buildings or structures of which the Premises are a part. If it nevertheless does so, then, at the option of the Port, the full amount of any resulting increase in premiums paid by the Port with respect to the buildings or structures of which the Premises are a part, and to the extent allocable to the term of this LeaseAgreement, may be added to the amount of Rent and shall be paid by Lessee Concessionaire to the Port upon the monthly rental day next thereafter occurring.

Appears in 2 contracts

Samples: Lease and Concession Agreement, Lease and Concession Agreement

Increase in Port’s Cost of Insurance. Lessee Tenant shall not use the Premises in such a manner as to increase the existing rates of insurance applicable to the buildings or structures of which the Premises are a part. If it nevertheless does so, then, at the option of the PortLandlord, the full amount of any resulting increase in premiums paid by the Port Landlord with respect to the buildings or structures of which the Premises are a part, and to the extent allocable to the term of this Lease, may be added to the amount of Rent and shall be paid by Lessee Tenant to the Port Landlord upon the monthly rental day next thereafter occurring.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

Increase in Port’s Cost of Insurance. Lessee shall not use the Premises in such a manner as to increase the existing rates of insurance applicable to the buildings or structures of which the Premises are a part. If it nevertheless does so, then, at the option of the Port, the full amount of any resulting increase in premiums paid by the Port with respect to the buildings or structures of which the Premises are a part, and to the extent allocable to the term of this Lease, may be added to the amount of Rent and shall be paid by Lessee to the Port upon the monthly rental day next thereafter occurring.. SECTION 121:1B DAMAGE OR DESTRUCTION

Appears in 1 contract

Samples: Lease Agreement

Increase in Port’s Cost of Insurance. Lessee shall not use the Premises in such a manner as to increase the existing rates of insurance applicable to the buildings Buildings or structures of which the Premises are a part. If it nevertheless does so, then, at the option of the Port, the full amount of any resulting increase in premiums paid by the Port with respect to the buildings Buildings or structures of which the Premises are a part, and to the extent allocable to the term of this LeaseTerm, may be added to the amount of Rent and shall be paid by Lessee to the Port upon the monthly rental day next thereafter occurring.

Appears in 1 contract

Samples: Lease Agreement

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Increase in Port’s Cost of Insurance. Lessee shall not use the Premises Property in such a manner as to increase the existing rates of insurance applicable to the buildings or structures of which the Premises are Property is a part. If it nevertheless does so, then, at the option of the Port, the full amount of any resulting increase in premiums paid by the Port with respect to the buildings or structures of which the Premises Property are a part, and to the extent allocable to the term of this Lease, may be added to the amount of Rent and shall be paid by Lessee to the Port upon the monthly rental day next thereafter occurring.

Appears in 1 contract

Samples: Lease Agreement

Increase in Port’s Cost of Insurance. Lessee shall not use the Premises Premises, including Area C on Exhibit B, in such a manner as to increase the existing rates of insurance applicable to the buildings or structures of which the Premises are a part. If it nevertheless does so, then, at the option of the Port, the full amount of any resulting increase in premiums paid by the Port with respect to the buildings or structures of which the Premises are a part, and to the extent allocable to the term of this Lease, may be added to the amount of Rent and shall be paid by Lessee to the Port upon the monthly rental day next thereafter occurring.

Appears in 1 contract

Samples: Lease Agreement

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