Particular clauses Sample Clauses

Particular clauses. 11.3.1 The Lessee shall notify the Lessor of any changes or suspension of guarantees as well as in the event of termination of the insurance policies underwritten. In the latter case, the termination shall take effect only one (1) month after the notification by the Lessee to the Lessor by registered letter with acknowledgment of receipt. 11.3.2 The Lessee shall provide the Lessor with a certified copy of his policies, or failing that, with a copy of a cover note, or a certificate of insurance from the insurance company stating the payment of premiums, before any start-up. 11.3.3 He will notify the Lessor by registered letter with acknowledgment of receipt within a reasonable time, of all claims, even if they result in no apparent damage, otherwise remaining liable for the damages, whose amount, following the failure or delay of such notification, could not be usefully claimed from the company that insures the Building. 11.3.4 If the Lessee fails to underwrite, renew or pay the policy premiums above, the Lessor reserves the right to do so and require reimbursement from the Lessee for the premiums thus paid. 11.3.5 If the business carried out by the Lessee resulted in insurance premiums either for the Lessor or for co-tenants or neighbors, the Lessee will have to both compensate the Lessor for the amount of the additional premium paid by him and in any event to guarantee him against any claims by other tenants or neighbors, the same so that the Lessor perceives a rent net of all charges, fees, contributions and taxes. 11.3.6 The Lessee further undertakes to notify the Lessor of any increased risk that could result in a change in the insurance premium rates of the Building. If failing to comply with this provision, the Lessee undertakes to bear all the consequences. 11.3.7 The Lessee also undertakes to comply with any decision made by the Lessor to meet a technical change requested by the insurers or to comply with their recommendation; the Lessee shall install any fire fighting equipment under the regulations in force and to keep it in good condition. 11.3.8 If subleases or assignments are performed​​, the insurance agreements of subtenants or assignees must include a waiver of recourse against the Lessor, the tenant or the assignor and their respective insurers.