Common use of Increase in Premiums Clause in Contracts

Increase in Premiums. Tenant shall do all acts and pay all expenses necessary to insure that the Buildings are not used for purposes prohibited by any applicable fire insurance, and that Tenant’s use of the Buildings and the Property complies with all requirements necessary to obtain any such insurance. If Tenant uses or permits the Buildings or the Property to be used in a manner which increases the existing rate of any insurance carried by Landlord on the Center, then Tenant shall pay the amount of the increase in premium caused thereby, and Landlord’s costs of obtaining other replacement insurance policies, including any increase in premium, within ten (10) days after demand therefor by Landlord.

Appears in 2 contracts

Samples: Sub Sublease (Assembly Biosciences, Inc.), Sublease (NGM Biopharmaceuticals Inc)

AutoNDA by SimpleDocs

Increase in Premiums. Tenant shall do all acts and pay all expenses necessary to insure that the Buildings are Property is not used for purposes prohibited by any applicable fire insurance, and that Tenant’s use of the Buildings and the Property complies with all requirements necessary to obtain any such insurance. If Tenant uses or permits the Buildings or the Property to be used in a manner which increases the existing rate of any insurance on the Property carried by Landlord on the CenterLandlord, then Tenant shall pay the amount of the increase in premium caused thereby, and Landlord’s costs of obtaining other replacement insurance policies, including any increase in premium, within ten (10) days after demand therefor by Landlord.

Appears in 2 contracts

Samples: Sublease (Five Prime Therapeutics Inc), Sublease (Five Prime Therapeutics Inc)

Increase in Premiums. Tenant shall do all acts and pay all expenses -------------------- necessary to insure that the Buildings are Property is not used for purposes prohibited by any applicable fire insurance, and that Tenant’s 's use of the Buildings and the Property complies with all requirements necessary to obtain any such insurance. If Tenant uses or permits the Buildings or the Property to be used in a manner which increases the existing rate of any insurance on the Property carried by Landlord on the CenterLandlord, then Tenant shall pay the amount of the increase in premium caused thereby, and Landlord’s 's costs of obtaining other replacement insurance policies, including any increase in premium, within ten (10) days after demand therefor by Landlord.

Appears in 2 contracts

Samples: Build to Suit Lease (Tularik Inc), Build to Suit Lease (Tularik Inc)

Increase in Premiums. Tenant shall do all acts and pay all expenses necessary to insure that the Buildings are not used for purposes prohibited by any applicable fire insurance, and that Tenant’s 's use of the Buildings and the Property complies with all requirements necessary to obtain any such insurance. If Tenant uses or permits the Buildings or the Property to be used in a manner which increases the existing rate of any insurance carried by Landlord on the Center, then Tenant shall pay the amount of the increase in premium caused thereby, and Landlord’s 's costs of obtaining other replacement insurance policies, including any increase in premium, within ten (10) days after demand therefor by Landlord.

Appears in 2 contracts

Samples: Sublease (Prothena Corp PLC), Build to Suit Lease (Tularik Inc)

AutoNDA by SimpleDocs

Increase in Premiums. Tenant shall do all acts and pay all expenses necessary to insure that the Buildings are Property is not used for purposes prohibited by any applicable fire insurance, and that Tenant’s use of the Buildings and the Property complies with all requirements necessary to obtain any such insurance. If Tenant uses or permits the Buildings or the Property to be used in a manner which increases the existing rate of any insurance on the Property carried by Landlord on the CenterLandlord, then Tenant shall pay the amount of the increase in premium caused thereby, and Landlord’s costs of obtaining other replacement insurance policies, including any increase in premium, within ten (10) days after demand therefor by Landlord.

Appears in 1 contract

Samples: Sublease (Macrogenics Inc)

Increase in Premiums. Tenant shall do all acts and pay all expenses necessary to insure that the Buildings are Property is not used for purposes prohibited by any applicable fire insurance, and that Tenant’s 's use of the Buildings and the Property complies with all requirements necessary to obtain any such insurance. If Tenant uses or permits the Buildings or the Property to be used in a manner which increases the existing rate of any insurance on the Property carried by Landlord on the CenterLandlord, then Tenant shall pay the amount of the increase in premium caused thereby, and Landlord’s 's costs of obtaining other replacement insurance policies, including any increase in premium, within ten (10) days after demand therefor by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Stratagene Corp)

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