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

Insurance on Tenant’s Property. Landlord will not carry insurance of any kind on Tenant's property, 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 Paragraph IV(13), Tenant shall use all proceeds from the insurance it carries on Tenant's property to restore Tenant's property on the Premises.

Appears in 2 contracts

Samples: Pyramid Breweries Inc, Pyramid Breweries Inc

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Insurance on Tenant’s Property. Landlord will not carry insurance of any kind on Tenant's property’s Property, and, except as provided by law or by reason of Landlord's breach of any of its obligations under this Lease, 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’s Property. If Landlord elects to restore the Premises as provided in this Paragraph IV(13)Section 15, 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 (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, except as provided by law or by reason of Landlord's ’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 Paragraph IV(13), Tenant shall use all proceeds from the insurance it carries on Tenant's property to restore Tenant's property on the Premises’s Property.

Appears in 1 contract

Samples: Lease Agreement (Eschelon Telecom Inc)

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Insurance on Tenant’s Property. Landlord will not carry insurance of any kind on Tenant's property’s Property, and, except as provided by law or by reason of Landlord's ’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 Paragraph IV(13)Section 15, 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 1 contract

Samples: Lease Agreement (Ampio Pharmaceuticals, Inc.)

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