Common use of Insurance Rating Clause in Contracts

Insurance Rating. Tenant will not do or permit anything to be done in the Demised Premises, the Building or the Complex or bring or keep anything therein which shall in any way increase the rate of fire or other insurance on said Building or the Complex, or on the property kept therein, or conflict (or permit any condition to exist which would conflict) with applicable fire laws or regulations, or with any insurance policy upon said Building or Complex or any part thereof, or with any statute, rules or regulations enacted or established by any appropriate governmental authority. Tenant shall be responsible for any increase in insurance costs with respect to the Building or Complex if the increases were caused by its actions or failure to act.

Appears in 5 contracts

Samples: Office Building Lease (Micromet, Inc.), Work Agreement (Techteam Global Inc), Lease and Lease Extension Agreement (Otg Software Inc)

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