Insurance Costs Sample Clauses

Insurance Costs. (08/19) Contractor shall be financially responsible for all premiums, deductibles, self-insured retentions, and self-insurance.

Insurance Costs. Any and all insurance charges of or relating to all insurance policies and endorsements deemed by Landlord to be reasonably necessary or desirable and relating in any manner to the protection, preservation, or operation of the Building or any part thereof.

Insurance Costs. Grantee shall be financially responsible for all premiums, deductibles, self-insured retentions, and self-insurance. Insurance costs only qualify as acceptable expenses when predicted on budget as pro rata cost with a disclosed and approved the allocation method by the City Grant Manager.

Insurance Costs. Operating Costs shall not include legal, accounting or other professional expenses incurred expressly for negotiating, preparing or enforcing a lease with a particular tenant, or as a result of a default of a specific tenant. Operating Costs shall further exclude the following: (a) interest, principal, points and fees on debts or amortization on any mortgage or mortgages or any other debt instrument encumbering the Complex; (b) such of the Operating Costs as are recovered from insurance proceeds or which were required by this Lease to be covered by insurance or which were paid for directly by Tenant or any third party; (c) Costs arising from Landlord's charitable or political contributions; (d) Brokers' or other leasing commissions and costs incurred in connection with entering into new leases or disputes under existing leases; (e) costs associated with bad debt losses; (f) expenses for any item or service not provided, offered or available to Tenant, but provided exclusively to certain other tenants at the Complex; (g) depreciation and amortization on any mortgage; (h) any ground lease or underlying lease payments; (i) marketing costs including leasing commissions, attorneys' fees in connection with the negotiation and preparation of letters, deal memos, letters of intent, leases, subleases and/or assignments, space planning costs, and other costs and expenses incurred in connection with lease, sublease and/or assignment negotiations and transactions with present or prospective tenants or other occupants of the Complex; (j) costs for acquisition of sculpture, paintings or other objects of art, except to the extent to replace, when necessary, any sculpture, paintings or other objects of art existing at the Complex as of the date of this Lease so long as such item replaced is of like kind and quality; (k) any costs, fines or penalties incurred due to violations by Landlord of any legal requirement which may have been in effect as of the Commencement Date of this Lease; (l) expenses for any item or service not provided, offered or available to Tenant, but provided exclusively to certain other tenants in the Building; (m) expenses for tenant improvement work or allowances, inducements, and other concessions for any tenant; (n) the cost of any repairs, improvements, or replacements made to remedy any structural defect in the original structural design or construction of the Building or other buildings in the Complex; and (l) capital expenditures which are not ...

Insurance Costs. Unless provided otherwise in this Lease, Library shall be responsible for Insurance Costs, as the same is defined in Section 3 herein.

Insurance Costs. As used in this Lease, “Insurance Costs” means the cost of insurance obtained by Landlord pursuant to Article 15 (including self-insured amounts and deductibles, if any). Tenant shall pay for or contribute to Insurance Costs as provided in the Summary.

Insurance Costs. Tenant shall pay to Landlord, within thirty (30) days after Tenant’s receipt of each invoice therefor from Landlord (accompanied by receipts or other reasonably adequate supporting documentation), Tenant’s Proportionate Share of the amount of all Insurance Costs payable by Landlord to unaffiliated commercial insurers with respect to insurance for each year and partial year falling within the Term (i) required to be maintained by Landlord pursuant to this Lease, or (ii) required to be maintained by Landlord by any equity financing source, the holder or beneficiary of any mortgage or deed of trust that may now or hereafter encumber all or any portion of the Premises or the lessor under any ground or land lease that may now or hereafter affect the Land, or (iii) customarily maintained by the owners of Comparable Buildings, including, but not limited to, the cost of casualty and liability insurance, the cost of rental loss insurance for the Building and insurance on Landlord’s personal property located in and used in connection with the operation, repair, maintenance and management of the Building, plus the cost of all reasonable and customary deductible payments (which deductibles shall not exceed $50,000 [the “Deductible Limit”] without Tenant’s prior written consent) made by Landlord in connection therewith (collectively, “Insurance Costs”). Landlord shall be required to reimburse Tenant for any Insurance Costs that Tenant pays that are attributable to any period of time outside the Term. Landlord shall use reasonable efforts to procure policies of insurance with commercially competitive premiums taking into account the location of the Improvements, their construction, and age. Furthermore, if requested in writing by Tenant, Landlord shall obtain quotes for policies of insurance with deductibles that exceed the Deductible Limits (provided that the Deductible Limits shall in no event exceed the deductibles maintained by tenants with financial metrics comparable to Tenant and shall not be an amount which causes Tenant to be a self-insurer). If Tenant does not timely pay any Insurance Costs as and when required by this Section 7, Landlord may pay the applicable Insurance Costs and Tenant shall reimburse Landlord for the amount so paid by Landlord within ten (10) days after Tenant’s receipt of an invoice from Landlord.

Insurance Costs. Tenant shall pay to Landlord, as Additional --------------------------- Rent, an amount equal to Tenant's Insurance Cost Escalation. Tenant's Insurance Cost Escalation shall be estimated in good faith by Landlord at the end of each calendar year, and thereafter be payable in equal estimated monthly installments, together with the Base Rent, subject to readjustment from time to time as determined by Landlord and also when actual Insurance Costs are determined. After a readjustment, any shortage shall be due and payable by Tenant within 30 days of demand by Landlord and any excess shall, unless an Event of Default has occurred, be credited against future Additional Rent obligations, or refunded if the Lease Term has ended and Tenant has no further obligations to Landlord. Landlord shall provide Tenant upon request with reasonable supporting documentation for the Insurance Costs for the prior calendar year, provided that such request is received by Landlord within six (6) months after the end of the calendar year to which such Insurance Costs relate.

Insurance Costs. Lessor and Xxxxxx shall negotiate in good faith any necessary adjustments to the Approved Budget1 resulting from the parties’ entry into and performance under the Lease and all amendments thereto, including, without limitation, for any penalty Lessee may incur relating to obtaining and later cancelling insurance coverage required by the Lease, as amended.

Insurance Costs. Grantee shall be financially responsible for all premiums, deductibles, self-insured retentions, and self-insurance.