Insurance on Tenant’s Property. Landlord will not carry insurance of any kind on Tenant’s Property, and Landlord shall not be obligated to repair any damage to or replace any improvements paid for by Tenant, or any of Tenant’s Property. If Landlord elects to restore the Premises as provided in this Section 15, Tenant shall use all proceeds from the insurance it carries on Tenant’s Property to restore Tenant’s Property on the Premises.
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Samples: Office Lease Agreement (ACON S2 Acquisition Corp.), Lease Agreement (Twist Bioscience Corp)
Insurance on Tenant’s Property. Landlord will not carry insurance of any kind on Tenant’s Property's property, and and, except as provided by law or by reason of Landlord's breach of any of its obligations under this Lease, Landlord shall not be obligated to repair any damage to or replace any improvements paid for by Tenant, or any of Tenant’s Property's property. If Landlord elects to restore the Premises as provided in this Section 15Paragraph IV(13), Tenant shall use all proceeds from the insurance it carries on Tenant’s Property 's property to restore Tenant’s Property 's property on the Premises.
Appears in 2 contracts
Samples: Lease Agreement (Pyramid Breweries Inc), Lease Agreement (Pyramid Breweries Inc)
Insurance on Tenant’s Property. Landlord will not carry insurance of any kind on Tenant’s Property, and and, except as provided by law or by reason of Landlord’s breach of any of its obligations under this Lease, Landlord shall not be obligated to repair any damage to or replace any improvements paid for by Tenant, or any of Tenant’s Property. If Landlord elects to restore the Premises as provided in this Section 15, Tenant shall use all proceeds from the insurance it carries on Tenant’s Property to restore Tenant’s Property on the Premises.
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Insurance on Tenant’s Property. Landlord will not carry insurance of any kind on Tenant’s Property, and and, except as provided by law or by reason of Landlord’s breach of any of its obligations under this Lease, Landlord shall not be obligated to repair any an damage to or replace any improvements paid for by Tenant, or any of Tenant’s Property. If Landlord elects to restore the Premises as provided in this Section 15, Tenant shall use all proceeds from the insurance it carries on Tenant’s Property to restore Tenant’s Property on the Premises.
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