Insurance Rent Clause Samples

Insurance Rent. 1.1 A sum or sums of money equal to the amount or amounts which the Landlord shall from time to time incur in or in respect of effecting or maintaining the insurance of the Premises in accordance with the Landlord's covenant contained in paragraph 2 of schedule 5 and all professional fees which the Landlord may from time to time incur in connection with the valuation of the Premises for insurance purposes

Insurance Rent by way of further rent amounts payable at the times and in the manner set out in Part IV of the Sixth Schedule

Insurance Rent. On demand, by way of further rent, an amount equal to the costs and expenses (including insurance valuation fees) which the Landlord from time to time properly incurs in effecting and maintaining insurance pursuant to Clause 6.1.

Insurance Rent. The Tenant shall pay to the Landlord: (A) of the sums defined as “Insurance Rent” in the Superior Lease and charged to the Landlord by the Superior Landlord under the terms of the Superior Lease and provided that the Tenant’s proportion shall not be increased by reason of the remainder of the 6th Floor forming part of the Landlord’s Premises not being a due proportion, to be fairly, properly and reasonably determined by the Landlord, of: (B) any costs incurred by the Landlord under clause 6.2; and (C) where the Landlord insures the Landlord’s Premises under clause 6.2, the costs incurred by the Landlord in valuing the Landlord’s Premises at reasonable intervals for insurance purposes; and (D) any Insurance Excess; and (E) the Landlord’s costs of preparing, making and settling any insurance claim under any policy of insurance maintained by the Landlord; and (F) all other sums payable by the Tenant to the Landlord under this clause 6, and provided that the Tenant’s proportion shall not be increased by reason of the remainder of the 6th Floor forming part of the Landlord’s Premises not being occupied by a tenant or other occupier paying towards costs listed above.

Insurance Rent. ‘Insurance Rent’ means the due proportion relating to the Premises of the sum payable by the Landlord to the Superior Landlord pursuant to clause 2.1.2 of the Superior Lease.

Insurance Rent. The Main Rent is not payable for any period before the Rent Commencement Date and the Insurance Rent and the Service Charge are not payable for any period before the Ancillary Rent Commencement Date.

Insurance Rent. To pay to the Landlord within twenty one (21) days of invoice or written demand as additional rent without any deduction abatement set-off or counterclaim: - 4.2.1 the Insurance Rent; and 4.2.2 as additional rent, any additional premia or loading on the insurances for or relating to the Premises or any Nearby Property of the Landlord or any Superior Landlord payable as a result of anything done or omitted to be done on the Premises or as a result of the use or occupation of the Premises.

Insurance Rent. The Tenant shall pay to the Landlord a due proportion, to be fairly and properly determined by the Landlord, of: (A) the costs incurred by the Landlord in complying with its obligations in clause 7.1; and (B) the costs incurred by the Landlord in valuing the Building at reasonable intervals for insurance purposes (in any event not more than once every three years in the case of formal insurance valuation or annually in the case of desktop insurance valuations); and (C) any Insurance Excess; and (D) the Landlord's costs of preparing, making and settling any insurance claim under any policy of insurance maintained by the Landlord; and (E) all other sums payable by the Tenant to the Landlord under this clause 7.

Insurance Rent. The Tenant covenants with the Landlord to pay a sum equal to: (a) the proportion the Landlord reasonably deems appropriate, having regard to: (i) any alterations or additions to the Building or any change of use of any part of it; or (ii) information supplied to it by the Tenant pursuant to Schedule 3 paragraph 17, of the cost the Landlord incurs in insuring against employer’s liability and public liability risks in respect of the Building and insuring the Building against the Insured Risks including: (iii) the preparation and settlement of any insurance claim; (iv) the cost of complying with any requirements of the insurer; and (v) valuation of the whole or any part of the Building (but not more than once in every three year period); (b) the whole of the cost as the Landlord incurs in insuring against three years’ loss of the yearly rent and the Service Charge arising from damage to the Building by any Insured Risks. The insurance cover may include VAT and take due account of the effects of inflation and escalation of costs and the Landlord’s proper estimate of the market rent in the context of ensuing rent reviews and/or the end of the Term and the Landlord will be entitled to retain any commissions paid to it.