Common use of Requirements Applicable to Insurance Policies Clause in Contracts

Requirements Applicable to Insurance Policies. All policies for insurance required under the provisions of Section 7.1 shall be obtained from responsible companies qualified to do business in the Commonwealth of Massachusetts and in good standing therein, which companies and the amount of insurance allocated thereto shall be subject to Landlord's approval. Tenant agrees to furnish Landlord with insurance company certificates of all such insurance and copies of the policies therefor prior to the beginning of the term hereof and of each renewal policy at least thirty (30) days prior to the expiration of the policy it renews. Each such policy shall be noncancellable with respect to the interest of Landlord and such mortgagees without at least thirty (30) days' prior written notice thereto.

Appears in 2 contracts

Samples: Lease (Genzyme Transgenics Corp), Lease (Netezza Corp)

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Requirements Applicable to Insurance Policies. All policies for insurance required under the provisions of Section 7.1 6.1 shall be obtained from responsible companies qualified to do business in the Commonwealth of Massachusetts and in good standing therein, which companies and the amount of insurance allocated thereto shall be subject to Landlord's approval. Tenant Each party agrees to furnish Landlord the other with insurance company certificates of all such insurance and copies of the policies therefor prior to the beginning of the term Term hereof and of each renewal policy at least thirty (30) days prior to the expiration of the policy it renews. Each such policy shall be noncancellable non-cancellable with respect to the interest of Landlord and Tenant and such mortgagees without at least lease thirty (30) days' prior written notice thereto.

Appears in 1 contract

Samples: Lease Agreement (Foilmark Inc)

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Requirements Applicable to Insurance Policies. All policies for insurance required under the provisions of Section 7.1 shall be obtained from responsible companies qualified to do business in the Commonwealth of Massachusetts and in good standing therein, which companies and the amount of insurance allocated thereto shall be subject to Landlord's ’s approval. Tenant agrees to furnish Landlord with insurance company certificates of all such insurance and copies of the policies therefor prior to the beginning of the term hereof and of each renewal policy at least thirty (30) days prior to the expiration of the policy it renews. Each such policy shall be noncancellable with respect to the interest of Landlord and such mortgagees without at least thirty (30) days' ’ prior written notice thereto.

Appears in 1 contract

Samples: Lease Agreement (GTC Biotherapeutics Inc)

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