Common use of Not to Affect Landlord’s Insurance Clause in Contracts

Not to Affect Landlord’s Insurance. The Tenant will not do or permit anything to be done that results in the cancellation or threatened cancellation or the reduction or threatened reduction of coverage under any insurance policy on the Clubhouse or any part of it. The Tenant will not do or permit to be done, or omit to do, anything that will cause or have the effect of causing the rate of insurance upon the Clubhouse or any part thereof to be increased, and if the insurance rate will be thereby increased the Tenant will pay to the Landlord as Additional Rent the amount by which the insurance premiums will be so increased. The Tenant will not store or permit to be stored upon or in the Premises anything that is of a dangerous, inflammable, or explosive nature nor anything that would have the effect of increasing the Landlord’s insurance costs or of leading to the cancellation of such insurance. If any insurance policy upon the Premises or the Clubhouse is cancelled or threatened to be cancelled by the insurer by reason of the use and occupation of the Premises or any part thereof by the Tenant or by any assignee, sub-tenant, concessionaire, or licensee of the Tenant, or by anyone permitted by the Tenant to be upon the Premises, the Landlord may, at its option upon giving the Tenant 24 hours’ notice, terminate this Lease by notice in writing, and the Tenant will immediately deliver up vacant possession of the Premises to the Landlord or the Landlord may, at its option and at the expense of the Tenant, enter upon the Premises and rectify the situation causing such actual or threatened cancellation or rate increase. If the occupancy of the Premises, the conduct of business in the Premises, or anything done or omitted by the Tenant results in an increase in premiums for the insurance carried by the Landlord with respect to the Clubhouse, the Tenant will pay the increase to the Landlord immediately on demand. In determining whether the Tenant is responsible for increased premiums and the amount for which the Tenant is responsible, a schedule issued by the organization that computes the insurance rate on the Clubhouse showing the components of the rate will be conclusive evidence of the items that make up the rate.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

AutoNDA by SimpleDocs

Not to Affect Landlord’s Insurance. The In respect to the insurance of the Landlord the following shall apply: (i) the Tenant will shall not do or permit anything to be done that results in upon the cancellation or threatened cancellation or the reduction or threatened reduction of coverage under any insurance policy on the Clubhouse or any part of it. The Tenant will not Leased Premises do or permit to be done, or omit to do, anything that will which shall cause or have the effect of causing the rate of insurance upon the Clubhouse Building or any part thereof to be increased, and ; (ii) if the insurance rate will shall be thereby increased by reason of action by the Tenant, the Tenant will shall pay to the Landlord as Additional Rent Rental the amount by which the insurance premiums will shall be so increased. The ; (iii) the Tenant will shall not store or permit to be stored upon or in the Leased Premises anything that is not used by the Tenant in connection with its use of the Leased Premises as specified in section 5.1(a) nor anything of a dangerous, inflammable, inflammable or explosive nature nor anything that which would have the effect of increasing the Landlord’s insurance costs or of leading to the cancellation of such that insurance. If ; and (iv) it is agreed that if any insurance policy upon the Leased Premises or the Clubhouse is cancelled or threatened to Building shall be cancelled by the insurer by reason of the use and occupation of the Leased Premises or any part thereof by the Tenant or by any assignee, sub-tenantsubtenant, concessionaire, or licensee of the Tenant, or by anyone permitted by the Tenant to be upon the Leased Premises, the Landlord may, may at its option upon giving the Tenant 24 hours’ notice, terminate this Lease by notice in writingwriting of that termination, and thereupon Rental shall be apportioned and paid in full to the date of that notice of termination of this Lease, and the Tenant will shall immediately deliver up vacant possession of the Leased Premises to the Landlord or Landlord, provided that the Landlord may, may at its option and at the expense of the Tenant, Tenant enter upon the Leased Premises and rectify the situation causing such actual or threatened that cancellation or rate increase. If the occupancy of the Premises, the conduct of business in the Premises, or anything done or omitted by the Tenant results in an increase in premiums for the insurance carried by the Landlord with respect to the Clubhouse, the Tenant will pay the increase to the Landlord immediately on demand. In determining whether the Tenant is responsible for increased premiums and the amount for which the Tenant is responsible, a schedule issued by the organization that computes the insurance rate on the Clubhouse showing the components of the rate will be conclusive evidence of the items that make up the rate.;

Appears in 1 contract

Samples: Lease Agreement (Business Objects S.A.)

Not to Affect Landlord’s Insurance. The Tenant will not do or permit anything to be done that results in the cancellation or threatened cancellation or the reduction or threatened reduction of coverage under any insurance policy on the Clubhouse Development or any part of it. The Tenant will not do or permit to be done, or omit to do, anything that which will cause or have the effect of causing the rate of insurance upon the Clubhouse Development or any part thereof to be increased, and if the insurance rate will be thereby increased the Tenant will pay to the Landlord as Additional Rent the amount by which the insurance premiums will be so increased. The Tenant will not store or permit to be stored upon or in the Premises anything that is of a dangerous, inflammable, or explosive nature nor anything that which would have the effect of increasing the Landlord’s insurance costs or of leading to the cancellation of such insurance. If any insurance policy upon the Premises or the Clubhouse Development is cancelled or threatened to be cancelled by the insurer by reason of the use and occupation of the Premises or any part thereof by the Tenant or by any assignee, sub-tenant, concessionaire, or licensee of the Tenant, or by anyone permitted by the Tenant to be upon the Premises, the Landlord may, at its option upon giving the Tenant 24 hours’ notice, terminate this Lease by notice in writing, and the Tenant will immediately deliver up vacant possession of the Premises to the Landlord or the Landlord may, at its option and at the expense of the Tenant, enter upon the Premises and rectify the situation causing such actual or threatened cancellation or rate increase. If the occupancy of the Premises, the conduct of business in the Premises, or anything done or omitted by the Tenant results in an increase in premiums for the insurance carried by the Landlord with respect to the ClubhouseDevelopment, the Tenant will pay the increase to the Landlord immediately on demand. In determining whether the Tenant is responsible for increased premiums and the amount for which the Tenant is responsible, a schedule issued by the organization that computes the insurance rate on the Clubhouse Development showing the components of the rate will be conclusive evidence of the items that make up the rate.

Appears in 1 contract

Samples: Lease Agreement

AutoNDA by SimpleDocs

Not to Affect Landlord’s Insurance. The Tenant will not do or permit anything to be done that results in the cancellation or threatened cancellation or the reduction or threatened reduction of coverage under any insurance policy on the Clubhouse Building or any part of it. The Tenant will not do or permit to be done, or omit to do, anything that will cause or have the effect of causing the rate of insurance upon the Clubhouse Building or any part thereof to be increased, and if the insurance rate will be thereby increased the Tenant will pay to the Landlord as Additional Rent the amount by which the insurance premiums will be so increased. The Tenant will not store or permit to be stored upon or in the Premises anything that is of a dangerous, inflammable, or explosive nature nor anything that would have the effect of increasing the Landlord’s insurance costs or of leading to the cancellation of such insurance. If any insurance policy upon the Premises or the Clubhouse Building is cancelled or threatened to be cancelled by the insurer by reason of the use and occupation of the Premises or any part thereof by the Tenant or by any assignee, sub-tenant, concessionaire, or licensee of the Tenant, or by anyone permitted by the Tenant to be upon the Premises, the Landlord may, at its option upon giving the Tenant 24 hours’ notice, terminate this Lease by notice in writing, and the Tenant will immediately deliver up vacant possession of the Premises to the Landlord or the Landlord may, at its option and at the expense of the Tenant, enter upon the Premises and rectify the situation causing such actual or threatened cancellation or rate increase. If the occupancy of the Premises, the conduct of business in the Premises, or anything done or omitted by the Tenant results in an increase in premiums for the insurance carried by the Landlord with respect to the ClubhouseBuilding, the Tenant will pay the increase to the Landlord immediately on demand. In determining whether the Tenant is responsible for increased premiums and the amount for which the Tenant is responsible, a schedule issued by the organization that computes the insurance rate on the Clubhouse Building showing the components of the rate will be conclusive evidence of the items that make up the rate.

Appears in 1 contract

Samples: Lease Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!