Common use of Insurance to be Maintained by Landlord Clause in Contracts

Insurance to be Maintained by Landlord. The Landlord shall maintain throughout the Term all-risk insurance upon the Building, including as needed but not limited to Personal Property, Loss of Rents, Glass, Boiler and Machinery, General Liability and Umbrella Liability in at least such amounts and having at least such forms of coverage as are required from time to time by the Landlord's lender. The cost of the premiums for such insurance and of each endorsement thereto and of any applicable deductibles therefor shall be deemed, for purposes of the provisions of Section 2, to be a cost of operating and maintaining the Property.

Appears in 5 contracts

Samples: Lease Agreement (Litronic Inc), Lease Agreement (Litronic Inc), Lease Agreement (Litronic Inc)

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Insurance to be Maintained by Landlord. The Landlord shall maintain throughout the Term all-risk insurance upon the Building, including as needed but not limited to Personal Property, Loss of Rents, Glass, Boiler and Machinery, General Liability and Umbrella Liability in at least such amounts and having at least such forms of coverage as are required from time to time by the Landlord's lender. The cost of the premiums for such insurance and of each endorsement thereto and of any applicable deductibles therefor shall be deemed, for purposes of the provisions of Section 2, to be a cost of operating and maintaining the Property.------------------------------

Appears in 1 contract

Samples: Lease Agreement (Fuisz Technologies LTD)

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