Common use of TENANT'S ACTS Clause in Contracts

TENANT'S ACTS. If such damage or destruction occurs as a result of the negligence or the intentional acts of Tenant or Tenant's employees, agents, contractors or invitees, and the proceeds of insurance which are actually received by Landlord are not sufficient to pay for the repair of all of the damage, Tenant shall pay, at Tenant's sole cost and expense, to Landlord upon demand, the difference between the cost of repairing the damage and the insurance proceeds received by Landlord.

Appears in 4 contracts

Samples: Standard Office Lease (Motivating the Masses Inc), Wastewater Treatment (Jabil Circuit Inc), Office Lease (United Panam Financial Corp)

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TENANT'S ACTS. If Subject to Section 8.4 above, if such damage or destruction occurs as a result of the negligence or the intentional acts of Tenant or Tenant's ’s employees, agents, contractors or invitees, and the proceeds of insurance which are actually received by Landlord or its mortgagee are not sufficient to pay for the repair of all of the damage, Tenant shall pay, at Tenant's ’s sole cost and expense, to Landlord upon demand, the difference between the cost of repairing the damage and the insurance proceeds received by Landlord.

Appears in 2 contracts

Samples: NameMedia, Inc., NameMedia, Inc.

TENANT'S ACTS. If such damage or destruction occurs as a result of the negligence or the intentional acts of Tenant or Tenant's ’s employees, agents, contractors or invitees, and the proceeds of insurance which are actually received by Landlord or its mortgagee are not sufficient to pay for the repair of all of the damage, Tenant shall pay, at Tenant's ’s sole cost and expense, to Landlord upon demand, the difference between the cost of repairing the damage and the insurance proceeds received by Landlord.

Appears in 1 contract

Samples: Work Letter Agreement (Oxigene Inc)

TENANT'S ACTS. If such damage Damage or destruction occurs as a result of the negligence or the intentional acts of Tenant or Tenant's employees, agents, contractors or invitees, and the proceeds of insurance which are actually received by Landlord are not sufficient to pay for the repair of all of the damageDamage, Tenant shall pay, at Tenant's sole cost and expense, to Landlord upon demand, the difference between the cost of repairing the damage Damage and the insurance proceeds received by Landlord.

Appears in 1 contract

Samples: Lease (Rexahn Pharmaceuticals, Inc.)

TENANT'S ACTS. If such damage or destruction occurs as a result of the gross negligence or willful misconduct the intentional acts of Tenant or Tenant's ’s employees, agents, contractors or invitees, and the proceeds of insurance which are actually received by Landlord are not sufficient to pay for the repair of all of the damage, Tenant shall pay, at Tenant's ’s sole cost and expense, to Landlord upon demand, the difference between the cost of repairing the damage and the insurance proceeds received by Landlord.

Appears in 1 contract

Samples: Source Photonics Inc

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TENANT'S ACTS. If such damage Damage or destruction occurs as a result of the negligence or the intentional acts of Tenant or Tenant's ’s employees, agents, contractors or invitees, and the proceeds of insurance which are actually received by Landlord are not sufficient to pay for the repair of all of the damageDamage, Tenant shall pay, at Tenant's ’s sole cost and expense, to Landlord upon demand, the difference between the cost of repairing the damage Damage and the insurance proceeds received by Landlord.

Appears in 1 contract

Samples: Lease (Regenerx Biopharmaceuticals Inc)

TENANT'S ACTS. If such damage or destruction occurs as a result of the negligence or the intentional acts of Tenant or Tenant's employees, agents, contractors or invitees, and the proceeds of insurance which are actually received by Landlord are not sufficient to pay for the repair of all of the damage, Tenant shall pay, at Tenant's sole cost and expense, to Landlord upon demand, the difference between the cost of repairing the damage and the insurance proceeds received by Landlord.

Appears in 1 contract

Samples: Standard Lease (Ambarella Inc)

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