Common use of Landlord’s Insurance Costs Clause in Contracts

Landlord’s Insurance Costs. The term "Landlord's Insurance Costs" shall mean Tenant's Expense Share of the costs to Landlord to carry and maintain the policies of fire and property damage insurance for the Building and the Property and general liability and any other insurance required or permitted to be carried by Landlord pursuant to Article 9, together with any deductible amounts paid by Landlord upon the occurrence of any insured casualty or loss. If any of Landlord's Insurance Costs are partly based upon property unrelated to the Property (e.g., another portion of the Project), then only that part of Landlord's Insurance Costs that is fairly allocable to the Property shall be included in Landlord's Insurance Costs hereunder.

Appears in 2 contracts

Samples: Lease (Redback Networks Inc), Lease (Redback Networks Inc)

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Landlord’s Insurance Costs. The term "Landlord's Insurance Costs" shall mean Tenant's Project Expense Share of the costs to Landlord to carry and maintain the policies of fire and property damage insurance for the Building and the Property and general liability and any other insurance required or permitted to be carried by Landlord pursuant to Article 9, together with any deductible amounts paid by Landlord upon the occurrence of any insured casualty or loss. If any of Landlord's Insurance Costs are partly based upon property unrelated to the Property (e.g., another portion of the Project), then only that part of Landlord's Insurance Costs that is fairly allocable to the Property shall be included in Landlord's Insurance Costs hereunder.

Appears in 1 contract

Samples: Lease (Ultratech Stepper Inc)

Landlord’s Insurance Costs. The term "Landlord's Insurance Costs" shall mean Tenant's Expense Proportionate Share of the costs to Landlord to carry and maintain the policies of fire and property damage insurance for the Building and the Property and general liability and any other insurance required or permitted to be carried by Landlord pursuant to Article 9, together with any deductible amounts paid by Landlord upon the occurrence of any insured casualty or loss. If any of Landlord's Insurance Costs are partly based upon property unrelated to the Property (e.g., another portion of the Project), then only that part of Landlord's Insurance Costs that is fairly allocable to the Property shall be included in Landlord's Insurance Costs hereunder.

Appears in 1 contract

Samples: Lease (Digital Island Inc)

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Landlord’s Insurance Costs. The term "Landlord's ’s Insurance Costs" shall mean Tenant's ’s Expense Share of the costs to Landlord to carry and maintain the policies of fire and property damage insurance for the Building and the Property and general liability and any other insurance required or permitted to be carried by Landlord pursuant to Article 9, together with any deductible amounts paid by Landlord upon the occurrence of any insured casualty or loss. If any of Landlord's ’s Insurance Costs are partly based upon property unrelated to the Property (e.g., another portion of the Project), then only that part of Landlord's ’s Insurance Costs that is fairly allocable to the Property shall be included in Landlord's ’s Insurance Costs hereunder.

Appears in 1 contract

Samples: Lease (Redback Networks Inc)

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