Common use of Lessor’s Insurance Clause in Contracts

Lessor’s Insurance. (1) If the lessor does have insurance cover the tenant must not do, or allow anything to be done, that would invalidate the lessor's insurance policy for the premises or increase the lessor's premium in relation to that policy. (2) The lessor may claim from the tenant - (a) any increase in the premium of the lessor's insurance; and (b) any excess on claim by the lessor on the lessor's insurance; and (c) any other cost and expenses incurred by the lessor; as a direct or indirect result of the tenant's negligent acts or omissions or breach of this agreement or obligations under the Act.

Appears in 6 contracts

Samples: General Tenancy Agreement, General Tenancy Agreement, General Tenancy Agreement

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