Common use of Rental Value Clause in Contracts

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insurance”). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 27 contracts

Samples: Lease Agreement (Brownie's Marine Group, Inc), Standard Multi Tenant Office Lease (America Great Health), Standard Multi Tenant Office Lease (America Great Health)

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Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days ("Rental Value insurance"). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 24 contracts

Samples: Standard Multi Tenant Office Lease (America Great Health), Standard Multi Tenant Office Lease (America Great Health), Office Lease

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days ("Rental Value insurance"). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 5 contracts

Samples: Lease Agreement (Ceribell, Inc.), Lease Agreement (Ceribell, Inc.), Lease Agreement

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days ("Rental Value insurance”Insurance"). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 4 contracts

Samples: Standard Industrial/Commercial Multi Tenant Lease Net (Divine Inc), Lease Agreement (Xoma LTD /De/), Lease Agreement (Lmi Aerospace Inc)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Full Rent for one year with an extended period of indemnity Indemnity for an additional 180 days Days (“Rental Value insuranceInsurance”). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month months period.

Appears in 2 contracts

Samples: Standard Multi Tenant Office Lease, Office Lease

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring . Insuring the loss of the full frill Rent for one year with an extended period of indemnity Indemnity for an en additional 180 days ('Rental Value insurance"). Said insurance Insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall shat) be adjusted annually to reflect the projected Rent otherwise payable by Lessee, . for the next 12 month period.

Appears in 2 contracts

Samples: Standard Industrial/Commercial Multi Tenant Lease, Standard Industrial Commercial Multi Tenant Lease Net (American Consolidated Management Group Inc)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days ("Rental Value insurance"). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Standard Multi Tenant Office Lease (Villageedocs Inc)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss toss payable to Lessor and any Lender, insuring Insuring the loss of the full Rent Dent for one year with an extended period of indemnity Indemnity for an additional 180 days ("Rental Value insurance”Insurance"). Said insurance Insurance shall contain an agreed valuation provision in In lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Standard Industrial/Commercial Multi Tenant Lease (uWink, Inc.)

Rental Value. Lessor Lessee shall also obtain and keep in force a policy or policies in the name of Lessor Lessee with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insuranceInsurance”). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Net Lease (Dave Inc./De)

Rental Value. Lessor shall also obtain and keep in force during the term of this Lease a policy or policies in the name of Lessor Lessor, with loss payable to Lessor and any LenderLender(s), insuring the loss of the full Rent rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insurance”)days. Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent rent otherwise payable by Lessee, Lessee for the next 12 month period.

Appears in 1 contract

Samples: Lease Agreement (Spectranetics Corp)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days ("Rental Value insurance"). Said insurance Insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lesseelessee, for the next 12 month periodperiod .

Appears in 1 contract

Samples: Standard Industrial/Commercial Multi Tenant Lease Net (QUICKLOGIC Corp)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insurance”). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Standard Industrial/Commercial Multi Tenant Lease Net (Torotel Inc)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insuranceInsurance”). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the The amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Lease Agreement (Growlife, Inc.)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insurance’’). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Standard Multi Tenant Office Lease Gross (Ventyx Biosciences, Inc.)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year up to two years with an extended period of indemnity for an additional 180 days (“Rental Value insurance”insurance “). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Standard Industrial/Commercial Multi Tenant Lease (Quantum Fuel Systems Technologies Worldwide Inc)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insurance”). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 12-month period.

Appears in 1 contract

Samples: Lease

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insuranceValue”). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Standard Multi Tenant Office Lease (VIASPACE Inc.)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor Lessor, with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insuranceInsurance”). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance co-insurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Lease Agreement (Quality Systems Inc)

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Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor Lessor, with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insurance”). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance co-insurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Lease Agreement (Alldigital Holdings, Inc.)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (`Rental Value insurance”Insurance"). Said insurance shall contain an agreed valuation provision prevision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Lease Agreement (Aegis Assessments Inc)

Rental Value. Lessor Lessee shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days ("Rental Value insurance”Insurance"). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period. Lessee shall be liable for any deductible amount in the event of such loss.

Appears in 1 contract

Samples: Lease Agreement (World Waste Technologies Inc)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in In the name of Lessor with loss payable to Lessor and any Lender, insuring Insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insuranceInsurance”). Said insurance shall contain an agreed valuation provision provisions in lieu of any deny coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, ; for the next 12 month period. Lessee shall be liable for any deductible in the event of such loss.

Appears in 1 contract

Samples: Industrial/Commercial Single Tenant Lease (Stevanato Group S.p.A.)

Rental Value. Lessor shall also obtain and keep in keeping force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one on year with an extended period of indemnity for an additional 180 days ("Rental Value insurance”Insurance"). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Standard Industrial/Commercial Multi Tenant Lease (Navarre Corp /Mn/)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor Lessor, with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days ("Rental Value insurance"). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Standard Industrial/Commercial Multi Tenant Lease (Alldigital Holdings, Inc.)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days ("Rental Value insuranceInsurance”). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Lease Agreement (Oculus Innovative Sciences, Inc.)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Any Lender, . insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insurance”). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 12-month period.

Appears in 1 contract

Samples: Lease Agreement (Nextest Systems Corp)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in In the name of Lessor with loss payable to Lessor and any Lender, insuring Insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days ("Rental Value insurance”Insurance"). Said insurance shall contain an agreed valuation provision in In lieu of any coinsurance clause, . and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Standard Industrial/Commercial Multi Tenant Lease (Motorcar Parts America Inc)

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days ("Rental Value insurance"). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period. .

Appears in 1 contract

Samples: Temporary Library Lease Agreement

Rental Value. Lessor shall also obtain and keep in force a policy or policies in the name of Lessor with loss lo5’s payable to Lessor and any Lender, insuring the loss of the full Rent for one year with an extended period of indemnity for an additional 180 days (“Rental Value insuranceInsurance”). Said insurance shall contain an agreed valuation provision in lieu of any coinsurance clause, and the amount of coverage shall be adjusted annually to reflect the projected Rent otherwise payable by Lessee, for the next 12 month period.

Appears in 1 contract

Samples: Lease Agreement (Occam Networks Inc/De)