Common use of Insurance on Tenant’s Property Clause in Contracts

Insurance on Tenant’s Property. All of Tenant’s fixtures, equipment, merchandise or other personal property shall be kept at Tenant’s sole risk and expense, and Tenant, at Tenant’s expense, shall maintain in full force and effect throughout the Lease Term fire and extended coverage insurance on its fixtures, equipment, merchandise and other personal property in or upon the Leased Premises for its full insurable value on a replacement cost basis, if obtainable, and if not obtainable, for the full amount of the estimated cash value for such property.

Appears in 4 contracts

Samples: Building Lease, Building Lease (Altair Nanotechnologies Inc), Lease Agreement (Echo Automotive, Inc.)

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Insurance on Tenant’s Property. All of Tenant’s 's fixtures, equipment, merchandise or other personal property shall be kept at Tenant’s 's sole risk and expense, and Tenant, at Tenant’s 's expense, shall maintain in full force and effect throughout the Lease Term fire and extended coverage insurance on its fixtures, equipment, merchandise and other personal property in or upon the Leased Premises for its full insurable value on a replacement cost basis, if obtainable, and if not obtainable, for the full amount of the estimated cash value for such property.

Appears in 2 contracts

Samples: Client Lease (Altair Nanotechnologies Inc), Client Lease (Altair Nanotechnologies Inc)

Insurance on Tenant’s Property. All of Tenant’s fixtures, equipment, merchandise or other personal property shall be kept at Tenant’s sole risk and expense, and Tenant, at Tenant’s expense, shall maintain in full force and effect throughout the Lease Term fire and extended coverage insurance on its fixtures, equipment, merchandise and other personal property in or upon the Leased Premises for its full insurable value on a replacement cost basis, if obtainable, and if not obtainable, for the full amount of the estimated cash value for such property.

Appears in 2 contracts

Samples: Lease Agreement (Altair Nanotechnologies Inc), Lease Agreement (Altair Nanotechnologies Inc)

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Insurance on Tenant’s Property. All of Tenant’s fixtures, equipment, merchandise or other personal property shall be kept at Tenant’s sole risk and expense, and Tenant, at Tenant’s expense, shall maintain in full force and effect throughout the Lease Term fire and extended coverage insurance on its fixtures, equipment, merchandise and other personal property in or upon the Leased Premises for its full insurable value on a replacement cost basis, if obtainable, and if not obtainable, for the full amount of the estimated cash value for such property.

Appears in 1 contract

Samples: Lease Agreement (Echo Automotive, Inc.)

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