Common use of Insurance Cancellation or Increase Clause in Contracts

Insurance Cancellation or Increase. The Tenant shall not do or omit to do or permit to be done or omitted to be done in the Premises anything which would cause any policy of insurance on the Development to be subject to cancellation or non-renewal or which would cause an increase in the cost of any insurance which the Landlord is obligated by this Lease to maintain. Upon any default by the Tenant which would result in cancellation or non-renewal or an increased cost, the Landlord may, at its option, terminate this Lease if such default is not cured by the Tenant within 10 days' notice to the Tenant. Without limiting the foregoing, the Tenant shall pay to the Landlord, forthwith upon demand, the amount of any such increase in cost. If any insurance policy is cancelled or threatened by the insurer to be cancelled or the coverage thereunder is altered in any way because of the use or occupation of the Premises by the Tenant or by any person for whom the Tenant is in law responsible, and if the Tenant fails to remedy the condition giving rise to the cancellation, threatened cancellation or alteration in coverage within 2 Business Days (or such lesser period as the Landlord acting reasonably may determine, having regard to the urgency of the situation)after notice to the Tenant of such cancellation or proposed cancellation or alteration, the Landlord may, (but shall not be obligated to), without further notice or any liability to the Tenant or any other occupant of the Premises, enter the Premises and attempt to remedy such condition or obtain or attempt to obtain insurance coverage in replacement of the coverage cancelled, threatened to be cancelled or altered in coverage; and the Tenant shall pay to the Landlord, forthwith upon demand, the cost thereof.

Insurance Cancellation or Increase. The Tenant shall not do or omit to do or permit to be done or omitted to be done in the Premises anything which would cause any policy of insurance on the Development to be subject to cancellation or non-renewal or which would cause an increase in the cost of any insurance which the Landlord is obligated by this Lease to maintain. Upon In the event of any default by the Tenant which would result in cancellation or non-renewal or an increased cost, the Landlord may, at its option, terminate this Lease if such default is not cured by the Tenant within 10 days' notice to the Tenant. Without limiting the foregoingincrease, the Tenant shall pay to the Landlord, forthwith upon demand, the amount of any such increase in cost. If any insurance policy maintained by the Landlord on the Development is cancelled or not renewed or threatened by the insurer to be cancelled or not renewed or the coverage thereunder is altered in any way because of the use or occupation of the Premises by the Tenant or by any person for whom the Tenant is in law responsible, and if the Tenant fails to remedy the condition giving rise to the cancellationcancellation or non-renewal, threatened cancellation or non-renewal or alteration in coverage within 2 Business Days 48 hours (or such lesser longer period as may be afforded to the Landlord acting reasonably may determine, having regard by its insurers) or fails to the urgency obtain insurance coverage in replacement of the situation)after notice coverage cancelled or not renewed, threatened to the Tenant of such cancellation be cancelled or proposed cancellation not renewed or alterationaltered in coverage, the Landlord may, (but shall not be obligated to), without further notice or any liability to the Tenant or any other occupant of the Premises, enter the Premises and attempt to remedy such condition or obtain or attempt to obtain insurance coverage in replacement of the coverage cancelled, not renewed threatened to be cancelled or not renewed or altered in coverage; and the Tenant shall pay to the Landlord, Landlord forthwith upon demand, demand the cost thereof. The Landlord acknowledges and agrees that the Intended Uses (including, without limitation, as a customer care centre/call centre, so long as same is not permitted above the 10th floor of the Building) are deemed not to constitute any such increase in the cost of any insurance which the Landlord is obligated by this Lease to maintain or to cause any such cancellation, non-renewal, threatened cancellation or non-renewal or alteration in coverage, provided that such Intended Uses are being conducted in accordance with the terms of this Lease.

Insurance Cancellation or Increase. The Tenant shall not do or omit to do or permit to be done or omitted to be done in the Premises anything which would cause any policy of insurance on the Development to be subject to cancellation or non-renewal or which would cause an increase in the cost of any insurance which the Landlord is obligated by this Lease to maintain. Upon any default by the Tenant which would result in cancellation or non-renewal or an increased costcost which the Tenant does not pay, the Landlord may, at its option, terminate this Lease on 10 days' written notice to the Tenant specifying such default, if such default is not cured by the Tenant remedied within such 10 days' notice to the Tenantday period. Without limiting the foregoing, the Tenant shall pay to the Landlord, forthwith upon within 10 days of written demand, the amount of any such increase in cost. If any insurance policy is cancelled or threatened by the insurer to be cancelled or the coverage thereunder is materially altered in any way because of the use or occupation of the Premises by the Tenant or by any person for whom the Tenant is in law responsible, and if the Tenant fails to remedy the condition giving rise to the cancellation, threatened cancellation or alteration in coverage within 2 Business Days 48 hours (or such lesser period as the Landlord acting reasonably may determine, having regard to the urgency of the situation)after notice to the Tenant of such cancellation or proposed cancellation or alterationsituation), the Landlord may, may (but shall not be obligated to), without further notice or any liability to the Tenant or any other occupant of the Premises, enter the Premises and attempt to remedy such condition or obtain or attempt to obtain insurance coverage in replacement of the coverage cancelled, threatened to be cancelled or altered in coverage; and the Tenant shall pay to the Landlord,, forthwith upon demand, the cost thereof.

Insurance Cancellation or Increase. The Tenant shall not do or omit to do or permit to be done or omitted to be done in the Premises or in the Development anything which would cause any policy of insurance on the Development to be subject to cancellation or non-renewal or which would cause an increase in the cost of any insurance which the Landlord is obligated by this Lease to maintain. Upon any default by the Tenant which would result in cancellation or non-renewal or an increased costcost to the Landlord, and if the Tenant fails to remedy the condition giving rise to the cancellation, threatened cancellation, or non-renewal of coverage or fails to pay the amount of such increased cost in insurance to the Landlord within forty-eight (48) hours (or such lesser period as the Landlord acting reasonably may determine, having regard to the urgency of the situation) after notice to the Tenant, the Landlord may, at its optionoption and without limiting the Landlord’s remedies, terminate this Lease if such default is not cured by the Tenant within 10 days' on forty-eight (48) hours’ notice to the Tenant. Without limiting the foregoing, the Tenant shall pay to the Landlord, forthwith upon demand, the amount of any such increase in costcost and a fifteen percent (15%) administration fee thereon as Additional Rent forthwith upon receipt of the invoices of the Landlord for such additional premiums. If any insurance policy is cancelled or threatened by the insurer to be cancelled or the coverage thereunder is altered in any way because of the use or occupation of the Premises by the Tenant or by any person Person for whom the Tenant is in law responsible, and if the Tenant fails to remedy the condition giving rise to the cancellation, threatened cancellation or alteration in coverage within 2 Business Days forty-eight (48) hours (or such lesser period as the Landlord acting reasonably may determine, having regard to the urgency of the situation)after situation) after notice to the Tenant of such cancellation or proposed cancellation or alteration, the Landlord may, may (but shall not be obligated to), ) without further notice or any liability to the Tenant or any other occupant of the Premises, enter the Premises and attempt to remedy such condition or obtain or attempt to obtain insurance coverage in replacement of the coverage cancelled, threatened to be cancelled or altered in coverage; and the Tenant shall pay to the Landlord, forthwith upon demand, the cost thereofthereof and a fifteen percent (15%) administration fee thereon as Additional Rent forthwith upon receipt of the invoices of the Landlord.

Insurance Cancellation or Increase. ‌ The Tenant shall not do or omit to do or permit to be done or omitted to be done in the Premises or in the Development anything which would cause any policy of insurance on the Development to be subject to cancellation or non-renewal or which would cause an increase in the cost of any insurance which the Landlord is obligated by this Lease to maintain. Upon any default by the Tenant which would result in cancellation or non-renewal or an increased costcost to the Landlord, and if the Tenant fails to remedy the condition giving rise to the cancellation, threatened cancellation, or non-renewal of coverage or fails to pay the amount of such increased cost in insurance to the Landlord within forty-eight (48) hours (or such lesser period as the Landlord acting reasonably may determine, having regard to the urgency of the situation) after notice to the Tenant, the Landlord may, at its optionoption and without limiting the Landlord’s remedies, terminate this Lease if such default is not cured by the Tenant within 10 days' on forty-eight (48) hours’ notice to the Tenant. Without limiting the foregoing, the Tenant shall pay to the Landlord, forthwith upon demand, the amount of any such increase in costcost and a fifteen percent (15%) administration fee thereon as Additional Rent forthwith upon receipt of the invoices of the Landlord for such additional premiums. If any insurance policy is cancelled or threatened by the insurer to be cancelled or the coverage thereunder is altered in any way because of the use or occupation of the Premises by the Tenant or by any person Person for whom the Tenant is in law responsible, and if the Tenant fails to remedy the condition giving rise to the cancellation, threatened cancellation or alteration in coverage within 2 Business Days forty-eight (48) hours (or such lesser period as the Landlord acting reasonably may determine, having regard to the urgency of the situation)after situation) after notice to the Tenant of such cancellation or proposed cancellation or alteration, the Landlord may, may (but shall not be obligated to), ) without further notice or any liability to the Tenant or any other occupant of the Premises, enter the Premises and attempt to remedy such condition or obtain or attempt to obtain insurance coverage in replacement of the coverage cancelled, threatened to be cancelled or altered in coverage; and the Tenant shall pay to the Landlord, forthwith upon demand, the cost thereofthereof and a fifteen percent (15%) administration fee thereon as Additional Rent forthwith upon receipt of the invoices of the Landlord.

Insurance Cancellation or Increase. The Tenant shall not do or omit to do or permit to be done or omitted to be done in the Premises anything which would cause any policy of insurance on the Project or the Development to be subject to cancellation or non-renewal or which would cause an increase in the cost of any insurance which the Landlord is obligated by this Lease to maintain. Upon any default by the Tenant which would result in cancellation or non-renewal or an increased costcost which the Tenant does not pay, the Landlord may, at its option, terminate this Lease if such default is not cured by the Tenant within on 10 days' days= notice to the Tenant. Without limiting the foregoing, the Tenant shall pay to the Landlord, forthwith upon demand, the amount of any such increase in cost. If any insurance policy is cancelled or threatened by the insurer to be cancelled or the coverage thereunder is altered in any way because of the use or occupation of the Premises by the Tenant or by any person for whom the Tenant is in law responsible, and if the Tenant fails to remedy the condition giving rise to the cancellation, threatened cancellation or alteration in coverage within 2 Business Days 48 hours (or such lesser period as the Landlord acting reasonably may determine, having regard to the urgency of the situation)after situation) after notice to the ~he Tenant of such cancellation or proposed cancellation or alteration, the Landlord may, (but shall not be obligated to), without further notice or any liability to the Tenant or any other occupant of the Premises, enter the Premises and arid attempt to remedy such condition or obtain or attempt to obtain insurance coverage in replacement of the coverage cancelled, threatened to be cancelled or altered in coverage; and the Tenant shall pay to the Landlord, forthwith upon demand, the cost thereofcosts associated therewith.