Common use of Property Coverage Clause in Contracts

Property Coverage. At all times during the Term, Landlord shall obtain and maintain in force an “all-risk type” or equivalent policy form, and shall include fire, theft, extended coverages, vandalism, and malicious mischief on the Building during the Term and any extension thereof. Landlord may obtain, at Landlord’s discretion, coverage for flood and earthquake if commercially available at reasonable rates. Such insurance shall also include coverage against loss of rental income.

Appears in 3 contracts

Samples: Lease Agreement (Weave Communications, Inc.), Lease Agreement (Weave Communications, Inc.), Lease Agreement (Pluralsight, Inc.)

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Property Coverage. At all times during the Term, Landlord shall obtain and maintain in force an “all-risk type” or equivalent policy form, and shall include fire, theft, extended coverages, vandalism, and malicious mischief on the Building during the Term term of the Lease and any extension thereof. Landlord may obtain, at Landlord’s discretion, coverage for flood and earthquake if commercially available at reasonable rates. Such insurance shall also include coverage against loss of rental income.

Appears in 2 contracts

Samples: Lease Agreement (Lifevantage Corp), Lease Agreement (Broadview Institute Inc)

Property Coverage. At all times during the TermDepending on election of Tenant, Landlord shall may obtain and maintain in force an "all-risk type" or equivalent policy form, and shall include fire, theft, extended coverages, vandalism, vandalism and malicious mischief on the Building during the Term Lease period and any extension thereof. Landlord may obtain, at At the Landlord’s discretion, 's discretion coverage for flood and earthquake may be obtained if commercially available at reasonable rates. Such insurance shall also include coverage against loss of rental income. Tenant shall pay Landlord, as included in Basic Costs, all costs to purchase the insurance called for in this paragraph on the Leased premises.

Appears in 1 contract

Samples: Lease Agreement (Nutranomics, Inc.)

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Property Coverage. At all times during the Term, Landlord shall s hall obtain and maintain in force an “all-risk type” or equivalent policy form, and shall include fire, theft, extended coverages, vandalism, and malicious mischief on the Building during the Term term of the Lease and any extension thereof. Landlord may obtain, at Landlord’s discretion, coverage for flood and earthquake if If commercially available at reasonable rates. Such insurance shall also include coverage against loss of rental income.

Appears in 1 contract

Samples: Lease Agreement (Forevergreen Worldwide Corp)

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