Common use of Optional Insurance Clause in Contracts

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the Property, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Property. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 6 contracts

Samples: Lease (Amag Pharmaceuticals, Inc.), Work Agreement (TESARO, Inc.), Agreement (TESARO, Inc.)

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Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyComplex, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Property. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 6 contracts

Samples: Hayden Avenue (Dicerna Pharmaceuticals Inc), Sublease Agreement (Minerva Neurosciences, Inc.), Lease (Inotek Pharmaceuticals Corp)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyOffice Park, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Property. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 5 contracts

Samples: Waltham, Massachusetts (Allovir, Inc.), Upstream Bio, Inc., Upstream Bio, Inc.

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyProject, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder a “Mortgagee,” as that term is defined in Section 18.2 of any mortgage on the Building or Propertythis Lease, below. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 5 contracts

Samples: Office Lease (ViewRay, Inc.), Office Lease (ViewRay, Inc.), Office Lease (ViewRay, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyProject, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole reasonable discretion elect. Landlord may also maintain such other insurance as may from time to time be required by any mortgagee of Landlord. Such insurance shall be maintained with an insurance company or companies and licensed to do business in the holder State of any mortgage on the Building or PropertyCalifornia. Payment for losses thereunder shall be made solely to Landlord. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 2 contracts

Samples: Office Lease (Yelp Inc), Office Lease (Yelp Inc)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyDevelopment Area, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may reasonably determine which are consistent with those risks and/or endorsements then being insured against by other owners of first class office buildings in its sole discretion elect. Landlord may also maintain such other insurance as may the Financial District, Back Bay and/or Xxxxxxx Square market areas, or which are then being required by recognized institutional mortgagees holding mortgages on first class office buildings in the Xxxxxxx Square market area, from time to time be required by the holder of any mortgage on the Building or Propertytime. The cost of all such additional insurance shall also be part of the Landlord’s Operating ExpensesExpenses for the Building to the extent permitted by this Lease.

Appears in 2 contracts

Samples: Commencement Date Agreement (Akamai Technologies Inc), Commencement Date Agreement (Akamai Technologies Inc)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the Property, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole commercially reasonable discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Property. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 2 contracts

Samples: Agreement (Carbon Black, Inc.), Agreement (Carbon Black, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyComplex, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, and/or liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or PropertyComplex. The reasonable out of pocket cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 2 contracts

Samples: Lease (Fractyl Health, Inc.), Lease (Fractyl Health, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the Property, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Property. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 2 contracts

Samples: Indenture of Lease (Keros Therapeutics, Inc.), Indenture of Lease (Motus GI Holdings, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyComplex, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or the Property. Such insurance shall be maintained with an insurance company or companies selected by Landlord. Payment for losses thereunder shall be made solely to Landlord. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 2 contracts

Samples: Burlington Mall Road (Flexion Therapeutics Inc), Burlington Mall Road (Flexion Therapeutics Inc)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building Office Area and the PropertyProject, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building Office Area or Propertythe Project. The cost of all such additional insurance shall also be part of the Landlord’s Operating ExpensesExpenses for the Office Area.

Appears in 2 contracts

Samples: Agreement (Decibel Therapeutics, Inc.), Agreement (Decibel Therapeutics, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyProject, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole reasonable discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder a “Mortgagee,” as that term is defined in Section 18.2 of any mortgage on the Building or Propertythis Lease, below. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses, subject to the provisions of Section 4.2.3.

Appears in 1 contract

Samples: Office Lease (Audience Inc)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyProject, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on encumbering the Building or Propertythe Project. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 1 contract

Samples: Lease (Vanda Pharmaceuticals Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyProject, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole reasonable discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder a “Mortgagee,” as that term is defined in Section 18.2 of any mortgage on the Building or Propertythis Lease, below. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses, subject to the terms and condition of Section 4.2.7.

Appears in 1 contract

Samples: Office Lease (Akero Therapeutics, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyComplex, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or PropertyComplex. The cost of all such additional insurance shall also be part of the Landlord’s Operating ExpensesExpenses for the Building.

Appears in 1 contract

Samples: Translate Bio, Inc.

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyComplex, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Propertythe Complex. The cost of all such additional insurance shall also be part of the Landlord’s 's Operating Expenses.

Appears in 1 contract

Samples: Lease (Markforged Holding Corp)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyProject, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect, so long as such additional coverages are available at commercially reasonable rates. Landlord may also maintain such other insurance as may from time to time be required by a Mortgagee. Provided that such additional insurance is consistent with the holder insurance carried by owners of any mortgage on similar properties in the Building or Property. The area in which the Premises are located, the cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 1 contract

Samples: Office Lease (NeuroPace Inc)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the Property, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Property. The cost of all such additional insurance shall also be part of the Landlord’s Operating ExpensesExpenses for the Building.

Appears in 1 contract

Samples: 100 Federal Street (Andretti Acquisition Corp.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyBuilding Facility, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may insurance that are customary for landlords of comparable buildings in its sole discretion electthe Market Area. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or PropertySuperior Xxxx Xxxxxx. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 1 contract

Samples: Lease (Mandiant, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyComplex, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Propertythe Site. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 1 contract

Samples: Work Agreement (Mimecast LTD)

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Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyProject, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder a "M011gagee," as that term is defined in Section 18.2 of any mortgage on the Building or Propertythis Lease, below. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 1 contract

Samples: Office Lease (Forge Global Holdings, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyPrudential Center, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Propertythe Prudential Center. The cost of all such additional insurance shall also be part of the Landlord’s Operating ExpensesExpenses for the Building.

Appears in 1 contract

Samples: Flex Pharma, Inc.

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyProject, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Propertythe Project, or customarily carried by other owners of comparable first-class buildings in the Market Area. The cost of all such additional insurance shall also be part of the Landlord’s Operating ExpensesExpenses for the Building.

Appears in 1 contract

Samples: Transportation Access Plan Agreement (CarGurus, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyProject as is consistent with the insurance maintained by Landlord or affiliates of Landlord for similar first-class office/research/laboratory buildings in the Longwood/Fenway area, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Propertythe Project. The cost of all such additional insurance shall also be part of the Landlord’s Operating ExpensesExpenses for the Building.

Appears in 1 contract

Samples: Lease Agreement (Tango Therapeutics, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyDevelopment Area, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Property. The cost of all such additional insurance shall also be part of the Landlord’s Operating ExpensesExpenses for the Building.

Appears in 1 contract

Samples: Agreement (A123 Systems, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyProject, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the any holder of any mortgage on a mortgage, trust deed or other encumbrance in force against the Building or Propertythe Project or any part thereof which includes the Premises or any lessor under a ground lease or underlying lease of the Building or the Project (collectively, a "Mortgagee"). The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses., subject to the limitations set forth in Section 1.1.4 of Exhibit G.

Appears in 1 contract

Samples: Office Lease (Kite Pharma, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the Property, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Property. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 1 contract

Samples: Work Agreement (Advent Technologies Holdings, Inc.)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyComplex, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or PropertyComplex. Payment for losses thereunder shall be made solely to Landlord. The cost of all such additional insurance shall also be part of the Landlord’s 's Operating Expenses.

Appears in 1 contract

Samples: Agreement (Care.com Inc)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyBuilding, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or PropertyBuilding. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 1 contract

Samples: X4 Pharmaceuticals, Inc

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyProject, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect, so long as such additional coverages are available at commercially reasonable rates. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Propertya Mortgagee. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 1 contract

Samples: Office Lease (COUPONS.com Inc)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyComplex, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder of any mortgage on the Building or Property. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 1 contract

Samples: Agreement (Dynatrace Holdings LLC)

Optional Insurance. Landlord may maintain such additional insurance with respect to the Building and the PropertyProject, including, without limitation, earthquake insurance, terrorism insurance, flood insurance, liability insurance and/or rent insurance, as Landlord may in its sole discretion elect. Landlord may also maintain such other insurance as may from time to time be required by the holder a "Mortgagee," as that term is defined in Section 18.2 of any mortgage on the Building or Propertythis Lease, below. The cost of all such additional insurance shall also be part of the Landlord’s Operating Expenses.

Appears in 1 contract

Samples: Office Lease (Atara Biotherapeutics, Inc.)

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