Insurance Rating. Tenant will not conduct or permit to be conducted any activity, or place any equipment in or about the Premises, which will, in any way, increase the rate of fire insurance or other insurance on the Building; and if any increase in the rate of fire insurance or other insurance is stated by any insurance company or by the applicable Insurance Rating Bureau to be due to activity or equipment in or about the Premises, such statement shall be conclusive evidence that the increase in such rate is due to such activity or equipment and as a result thereof, Tenant shall be liable for such increase and shall reimburse Landlord therefor.
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Samples: Lease Agreement (Metro Information Services Inc), Lease Agreement (Metro Information Services Inc)
Insurance Rating. Tenant will not conduct or permit to be conducted any activity, or place any equipment in or about the Premises, which will, in any way, increase the rate of fire insurance or other insurance on the Building; , and if any increase in the rate of fire insurance or other insurance is stated by any insurance company or by the applicable Insurance Rating Bureau to be due to activity or equipment in or about the Premises, such statement shall be conclusive evidence that the increase in such rate is due solely to such activity or equipment and and, as a result thereof, Tenant shall be liable for such increase and shall reimburse Landlord therefortherefore.
Appears in 2 contracts
Samples: Lease Agreement (Luna Innovations Inc), Lease Agreement (Luna Innovations Inc)
Insurance Rating. Tenant will not conduct or permit to be conducted any activity, activities or place any equipment in or about the Premisespremises or building, which will, in any way, will may increase the rate of fire insurance or other insurance on the Buildingbuilding; and if any increase in the rate of fire insurance or other insurance is stated by any insurance company or by the applicable Insurance Rating Bureau insurance rating bureau to be due to any activity or equipment of the tenant in or about the Premisespremises or building, such statement statements shall be conclusive evidence that the increase in such rate rates is due to such activity or equipment and as a result thereof, Tenant shall be liable for such increase and shall reimburse Landlord thereforbe considered and additional rent hereunder.
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Samples: Commercial Lease (Hunapu Inc)
Insurance Rating. Tenant will not conduct or permit to be conducted any activity, or place any equipment in or about the Premises, which will, in any way, increase the premium rate of fire insurance or other insurance on the Building; and if any increase in the rate of fire insurance or other insurance is stated by any insurance company or by the applicable Insurance Rating Bureau insurance rating bureau to be due to activity or equipment in or about the Premises, such statement shall be conclusive evidence that the increase in such rate is due to such activity or equipment and as a result thereof, Tenant shall be liable for such increase and shall reimburse Landlord therefor.
Appears in 1 contract