Common use of Loss Covered by Insurance Clause in Contracts

Loss Covered by Insurance. If at any time prior to the expiration or termination of this Lease, the Premises or the Project are wholly or partially damaged or destroyed, the loss to Landlord from which is fully covered by proceeds of insurance maintained by Landlord or for Landlord's benefit, which damage renders the Premises totally or partially inaccessible or unusable by Tenant in the ordinary conduct of Tenant's business, then:

Appears in 3 contracts

Samples: Standard Industrial Lease Agreement (Etoys Inc), Industrial Lease Agreement (Jill Kelly Productions Holding, Inc.), Industrial Lease Agreement (Quaker Fabric Corp /De/)

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Loss Covered by Insurance. If If, at any time prior to the expiration or termination of this Lease, the Premises or the Project are Building is wholly or partially damaged or destroyeddestroyed by a casualty, the which loss to Landlord from which is (except for any applicable deductible) fully covered by proceeds of insurance maintained by Landlord or for Landlord's benefit, which damage casualty renders the Premises totally or partially inaccessible or unusable by Tenant in the ordinary conduct of Tenant's business, then:

Appears in 1 contract

Samples: Sublease Agreement (Finet Com Inc)

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Loss Covered by Insurance. If If, at any time prior to the expiration or termination of this Lease, the Premises or the Project are Building is wholly or partially damaged or destroyeddestroyed by a casualty, the loss to Landlord from which is (except for any applicable deductible) fully covered by proceeds of insurance maintained by Landlord or for Landlord's benefit, which damage casualty renders the Premises totally or partially inaccessible or unusable by Tenant in the ordinary conduct of Tenant's businessfor general office use, then:

Appears in 1 contract

Samples: Letter Agreement (Lightspan Partnership Inc)

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