Common use of Insurance Rating Clause in Contracts

Insurance Rating. Tenant shall not conduct or permit any activity, or place any equipment or material, in or about the Premises, the Building or the Common Area which will increase the rate of fire or other insurance on the Building or insurance benefiting any other tenant of the Building; and if any increase in the rate of insurance is stated by any insurance company or by the applicable insurance rating bureau to be due to any activity, equipment or material of Tenant in or about the Premises, the Building or the Common Area, such statement shall be conclusive evidence that the increase in such rate is due to the same and, as a result thereof, Tenant shall pay such increase to Landlord upon demand.

Appears in 2 contracts

Samples: Deed of Lease (Inphonic Inc), Deed of Lease (Access National Corp)

AutoNDA by SimpleDocs

Insurance Rating. Tenant shall not conduct or permit any activity, or place any equipment or material, in or about the Premises, the Building or the Common Area which will increase the rate of fire or other insurance on the Building or insurance benefiting benefitting any other tenant of the Building; and if any increase in the rate of insurance is stated determined by any insurance company or by the applicable insurance rating bureau to be due to any activity, equipment or material of Tenant in or about the Premises, the Building or the Common Area, such statement determination shall be conclusive evidence that the increase in such rate is due to the same and, as a result thereof, Tenant shall pay such increase to Landlord upon demand.

Appears in 1 contract

Samples: Lease Agreement (National Information Group)

Insurance Rating. Tenant shall not conduct or permit any activity, or place any equipment or material, in or about the Premises, the Building Building, the Complex or the Common Area which will increase the rate of fire or other insurance on the Building or insurance benefiting any other tenant of the BuildingComplex; and if any increase in the rate of insurance is stated by any insurance company or by the applicable insurance rating bureau to be due to any activity, equipment or material of Tenant in or about the Premises, the Building Building, the Complex or the Common Area, such statement shall be conclusive evidence that the increase in such rate is due to the same and, as a result thereof, Tenant shall pay such increase to Landlord upon demanddemand but only for so long as the acts or omissions of Tenant is the basis for such increase.

Appears in 1 contract

Samples: Lease Agreement (Exigent International Inc)

Insurance Rating. Tenant shall not conduct or permit any activity, or place any equipment or material, in or about the Premises, the Building Building, or the Common Area Area, which will increase the rate of fire or other insurance on the Building or insurance benefiting any other tenant of the Building; and if any increase in the rate of insurance is stated by any insurance company or by the applicable insurance rating bureau to be due to any activity, equipment or material of Tenant in or about the Premises, the Building or the Common Area, such statement shall be conclusive evidence that the increase in such rate is due to the same and, as a result thereof, Tenant shall pay such increase to Landlord upon demand.

Appears in 1 contract

Samples: Deed of Lease (Xo Holdings Inc)

AutoNDA by SimpleDocs

Insurance Rating. Tenant shall not conduct or permit any activity, or ----------------- place any equipment or material, in or about the Premises, the Building or the Common Area which will increase the rate of fire or other insurance on the Building or insurance benefiting benefitting any other tenant of the Building; and if any increase in the rate of insurance is stated by any insurance company or by the applicable insurance rating bureau to be due to any activity, equipment or material of Tenant in or about the Premises, the Building or the Common Area, such statement shall be conclusive evidence that the increase in such rate is due to the same and, as a result thereof, Tenant shall pay such increase to Landlord upon demand.

Appears in 1 contract

Samples: Deed of Lease (Musicmaker Com Inc)

Insurance Rating. Tenant shall not conduct or permit any activity, or place any equipment or material, in or about or as part of the Premises, the Building Premises or the Common Area any Additional Equipment which will increase the rate of fire or other insurance on the Building or insurance benefiting any other tenant of the Building; and if any increase in the rate of insurance is stated by any insurance company or by the applicable insurance rating bureau to be due to any activity, equipment or material of Tenant in or about or as part of the Premises, the Building Premises or the Common Areaany Additional Equipment, such statement shall be conclusive evidence that the increase in such rate is due to the same and, as a result thereof, Tenant shall pay such increase to Landlord upon demand.

Appears in 1 contract

Samples: Master Lease Agreement (Blue Rhino Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!