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

Insurance to be Maintained by Tenant. Tenant shall, at is sole cost and expense, at all times during the Term (and any extensions thereof) obtain and pay for and maintain in full force and effect the insurance policy or policies described in EXHIBIT "D" attached hereto. Certified copies of all insurance policies required pursuant to this Lease (or certificates thereof, in form and substance acceptable to Landlord), shall be delivered to Landlord not less than ten (10) days prior to the Commencement Date. If Tenant fails to submit such policies or certificates to Landlord within the specified time, or otherwise fails to obtain and maintain insurance coverages in accordance with this Section 10.3, then Landlord, at Landlord's sole option, may, but shall not be obligated to, procure such insurance on behalf of, and at the expense of, Tenant. Tenant shall reimburse Landlord for such amounts upon demand, it being understood that any such sums for which Tenant is required to reimburse Landlord shall constitute Additional Rent under this Lease.

Appears in 2 contracts

Samples: Sublease Agreement (United Industries Corp), Industrial Building Lease (United Industries Corp)

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Insurance to be Maintained by Tenant. Tenant shall, at is its sole cost and expense, at all times during the Term (and any extensions thereof) obtain and pay for and maintain in full force and effect the insurance policy or policies described in EXHIBIT "D" Exhibit D attached hereto. Certified copies of all insurance policies required pursuant to this Lease (or certificates thereof, in form and substance acceptable to Landlord), shall be delivered to Landlord not less than ten (10) days prior to the Commencement Date. If Tenant fails to submit such policies or certificates to Landlord within the specified time, or otherwise fails to obtain and maintain insurance coverages in accordance with this Section 10.310.2, then Landlord, at Landlord's sole option, may, but shall not be obligated to, procure such insurance on behalf of, and at the expense of, Tenant. Tenant shall reimburse Landlord for such amounts upon demand, it being understood that any such sums for which Tenant is required to reimburse Landlord shall constitute Additional Rent under this Lease.Rent. (SEE SPECIAL STIPULATION 6)

Appears in 1 contract

Samples: Industrial Building Lease (Nantucket Industries Inc)

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Insurance to be Maintained by Tenant. Tenant shall, at is its sole cost and expense, at all times during the Term (and any extensions thereof) obtain and pay for and maintain in full force and effect the insurance policy or policies described in EXHIBIT "D" Exhibit D attached hereto. Certified copies of all insurance policies required pursuant to this Lease (or certificates thereof, in form and substance acceptable to Landlord), Tenant shall be delivered deliver to Landlord not less than ten (10) days prior to the Commencement DateDate certificates of insurance (in form and substance reasonably acceptable to Landlord) for all insurance policies required to be obtained by Tenant pursuant to this Lease. If Tenant fails to submit such policies or certificates to Landlord within the specified time, or otherwise fails to obtain and maintain insurance coverages in accordance with this Section 10.310.2, then Landlord, at Landlord's sole option, may, but shall not be obligated to, procure such insurance on behalf of, and at the expense of, Tenant. Tenant shall reimburse Landlord for such amounts upon demand, it being understood that any such sums for which Tenant is required to reimburse Landlord shall constitute Additional Rent under this LeaseRent.

Appears in 1 contract

Samples: Industrial Building Lease (Sabratek Corp)

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