Common use of Property of Tenant Clause in Contracts

Property of Tenant. In addition to and not in limitation of other provisions of this Lease, Tenant covenants and agrees that all of its merchandise, furniture and property of every kind, nature and description which may be in or upon the Premises, Building, or Property, in the public corridors, or on the sidewalks, areaways, and approaches thereto, or parking area(s), if any, or entrusted to employees of Landlord before, during or after the term of this Lease, shall be at the sole risk and hazard of Tenant, and that if the whole or any part thereof shall be damaged, destroyed, stolen or removed by any cause whatsoever, no part of said damage or loss shall be charged to or borne by Landlord. Tenant shall, at Tenant’s expense, obtain and keep in force “all risk” property insurance covering Tenant against damage to or loss of any personal property, fixtures and equipment of Tenant, and provide for coverage for the full replacement cost of such property Tenant hereby acknowledges and agrees that Landlord’s insurance does not cover any property of Tenant.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (Faro Technologies Inc)

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Property of Tenant. In addition to and not in limitation of other provisions of this Lease----------- ------------------ the forgoing, Tenant covenants and agrees that all of its merchandise, furniture and property of every kind, nature and description which may be in or upon the Premises, Building, Building or Property, in the public corridors, or on the sidewalks, areaways, and approaches thereto, or outside parking area(s), if any, or entrusted to employees of Landlord before, areas during or after the term of this Leasehereof, shall be at the sole risk and hazard of Tenant, and that if the whole or any part thereof shall be damaged, destroyed, stolen or removed by any cause whatsoever, no part of said damage or loss shall be charged to or borne by Landlord, unless due to any act or omission of Landlord, its servants, agents, employees, licensees, invitees or guests. Tenant shall, at Tenant’s Tenants expense, obtain and keep in force "all risk" property insurance covering Tenant against damage to or loss of any personal property, fixtures fixtures, and equipment of Tenant, and provide providing for waiver of subrogation by Tenant's insurer against Landlord and coverage for the full replacement cost of such property Tenant hereby acknowledges and agrees that Landlord’s insurance does not cover any property of Tenantproperty.

Appears in 1 contract

Samples: Lease Agreement (Network Engines Inc)

Property of Tenant. In addition to and not in limitation of ------------- ------------------ other provisions of this Lease, Tenant covenants and agrees that all of its merchandise, furniture and personal property of every kind, nature and description which may be in or upon the Premises, Building, Premises or Property, in the public corridors, or on the sidewalks, areaways, and sidewalks or approaches thereto, or in the parking area(s), if any, or entrusted to employees of Landlord beforeareas, during or after the term of this Leasehereof, shall be at the sole risk and hazard of Tenant, and that that, if the whole or any part thereof of such merchandise, furniture or personal property shall be damaged, destroyed, stolen or removed by any cause whatsoever, no part of said damage or loss shall be charged to or borne by Landlord. Tenant shall, at Tenant’s 's expense, obtain and keep in force "all risk" property insurance covering Tenant against damage to or loss of any personal property, trade fixtures and equipment of Tenant, and provide for waiver of subrogation by Tenant's insurer against Landlord and coverage for the full replacement cost of such property Tenant hereby acknowledges and agrees that Landlord’s insurance does not cover any property of Tenantproperty.

Appears in 1 contract

Samples: Lease Agreement (Sycamore Networks Inc)

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Property of Tenant. In addition to and not in limitation of other provisions of this Lease, Tenant covenants and agrees that all of its merchandise, furniture and property of every kind, nature and description which may be in or upon the Premises, Premises or the Building, or Property, in the public corridors, or on the sidewalks, areaways, and approaches thereto, or parking area(s), if any, or entrusted to employees of Landlord areas before, during or after the term of this Lease, shall be at the sole risk and hazard of Tenant, and that if the whole or any part thereof shall be damaged, destroyed, stolen or removed by any cause whatsoever, no part of said damage or loss shall be charged to or borne by Landlord. Tenant shall, at Tenant’s expense, obtain and keep in force “all risk” property insurance covering Tenant against damage to or loss of any personal property, fixtures and equipment of Tenant, and provide for waiver of subrogation by Tenant’s insurer against Landlord and coverage for the full replacement cost of such property Tenant hereby acknowledges and agrees that Landlord’s insurance does not cover any property of Tenantproperty.

Appears in 1 contract

Samples: Lease Agreement (Ade Corp)

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