Common use of Tenant’s Contents Insurance Clause in Contracts

Tenant’s Contents Insurance. Tenant shall hold Landlord harmless and fully indemnify Landlord against any claims for damages to Tenant’s contents, except in the case of subrogation by an insurance company. In addition to all other insurance required hereunder, Tenant shall fully insure its contents located in, on or about the Demised Premises, at full replacement value. Tenant shall furnish Landlord with a certificate of such insurance from time to time to evidence the continued existence of said policy. Said certificate shall clearly state that such insurance may not be cancelled except upon ten (10) days written notice to Landlord. Should Tenant at any time fail to maintain said contents coverage, said failure shall not be a default hereunder but shall constitute a defacto waiver of all rights of recovery against Landlord for any loss or damage of any nature whatsoever to Tenant's property regardless of the cause of said damage. 49th Exculpation. Notwithstanding anything to the contrary set forth in this Lease, it is specifically understood and agreed by Tenant that there shall be absolutely no personal liability on the part of Landlord or any individuals associated with Landlord, including, but not limited to, any partners, members or shareholders of Landlord nor joint venturers with Landlord nor any of their successors, assignees, heirs, executors, administrators or personal and legal representatives with respect to any of the terms, covenants and conditions of this Lease, and Tenant shall look solely to the equity, if any, of Landlord in the Property for the satisfaction of each and every remedy (including, without limitation, equitable remedies) of Tenant in the event of any breach by Landlord of any of the terms, covenants and conditions of this Lease to be performed by Landlord; such exculpation of personal liability to be absolute and without any exception whatsoever.

Tenant’s Contents Insurance. The signature on this agreement acknowledges that the Tenant shall hold Landlord harmless has been recommended to takeout Tenants contents insurance to cover his/her own contents and fully indemnify Landlord against any claims possessions. The tenant has a liability to the landlord for damages damage to Tenant’s contents, except in the case Landlords fixtures and fittings for a minimum of subrogation by an insurance company. In addition to all other insurance required hereunder, Tenant shall fully insure its contents located in, on or about the Demised Premises, at full replacement value. Tenant shall furnish Landlord with a certificate of such insurance from time to time to evidence the continued existence of said policy. Said certificate shall clearly state that such insurance may not be cancelled except upon ten (10) days written notice to Landlord. Should Tenant at any time fail to maintain said contents coverage, said failure shall not be a default hereunder but shall constitute a defacto waiver of all rights of recovery against Landlord for any loss or damage of any nature whatsoever to Tenant's property regardless of the cause of said damage. 49th Exculpation£2500. Notwithstanding anything Clauses to the contrary set forth it is agreed between the Landlord and the Tenant that smoking is not permitted within the property for the duration of the tenancy and any extensions thereto The following are SPECIAL or ADDITIONAL CLAUSES negotiated between the parties DEFINITIONS The intention of providing this list of definitions is to help explain or clarify some terms or expressions that may be found in this Leasetenancy agreement. It is not meant to be an exhaustive or complete list. In the event of a dispute, only a court can decide on a definitive interpretation or meaning of any clause, or of any part of this agreement. The Premises The premises include all or any parts of the dwelling-house, gardens, paths, fences, boundaries-or-other-outbuildings which form part of the let where the premises form only part of another Property (e.g. in a block of flats), the letting includes the use, in common with others, of communal access ways and other similar facilities Binding Date A tenancy agreement is not, technically, a legally binding contract until it has been "executed" by being Dated, after both parties (or their authorised representatives) have signed; although it might be possible for either party to take legal action against the other if they withdraw prior to this date Landlord A person or persons, who at any relevant time own, or have a formal interest in, the premises that gives them the right to possession of the premises Tenant A person, or persons, named as Tenants in this agreement who at any relevant time are entitled to occupy the premises under the terms of this tenancy agreement Guarantor The person who guarantees that the Tenant will perform the obligations of this tenancy agreement and if the Tenant fails to meet those obligations the guarantor will meet the obligations in full Permitted Occupier A permitted occupier is specifically understood any person whose name/s appear in Clause 1.11. They are not a party to the tenancy and agreed by have no rights to the Property but must obey the obligations of a Tenant's guests. The permitted occupier/s must leave the Property when the named Tenant/s leave the Property. Credit Card The provision of details of your credit card/debit card in the tenancy agreement will permit the Landlord's agent to guarantee debit this card to cover rent payments or other obligations of the Tenant that there shall have not been met in accordance with the terms of the tenancy agreement during the tenancy. The Tenant's rights with regards to the operation of the credit card are in no way affected and they have the protection of the credit card company's procedures to prevent incorrect or fraudulent mis-use of the credit card details Joint and several A maximum of four people can be absolutely no personal such joint Tenants. Obligations to be undertaken by more than one person are joint liability on and several obligations which means that each Tenant is individually responsible for the part Tenants undertakings and restrictions in this agreement and each Landlord is individually responsible for the Landlord's obligations in this agreement Superior Landlord People, or persons, to-whom the ownership or interest in the Leasehold premises might revert in the fullness of time, following the expiry of the term of any head, or superior, lease Head or Superior Lease Means a Lease (if any) under which the Landlord himself holds, or any individuals associated with owns the premises and which contains the lease obligations of which the Landlord, includingor his Tenants in turn, but not limited to, any partners, members or shareholders of Landlord nor joint venturers with Landlord nor any of their successors, assignees, heirs, executors, administrators or personal are bound Fixtures and legal representatives with respect Fittings References to fixtures and fittings relate to any of the termsLandlord's furniture, covenants furnishings, sanitary xxxx, decorative fittings, features, white goods, other equipment or any floor, ceiling or wall coverings and conditions include anything listed in any Inventory and/or Schedule of this Lease, and Tenant shall look solely Condition supplied The term of the Tenancy References to the equity, if any, of Landlord in the Property for the satisfaction of each and every remedy (including, without limitation, equitable remedies) of Tenant in the event of any breach by Landlord of any term of the termstenancy include any extension or continuation, covenants and conditions or any statutory periodic tenancy which may arise following the end of this Lease to be performed by Landlord; such exculpation of personal liability to be absolute and without any exception whatsoever.the period set out in clause 1.10

Tenant’s Contents Insurance. Tenant shall hold Landlord harmless and fully indemnify Landlord against any claims for damages to Tenant’s contents, except in the case of subrogation by an insurance company. In addition to all other insurance required hereunder, Tenant shall fully insure its contents located in, on or about the Demised Premises, at full replacement value. Tenant shall furnish Landlord with a certificate of such insurance from time to time to evidence the continued existence of said policy. Said certificate shall clearly state that such insurance may not be cancelled except upon ten (10) days written notice to Landlord. Should Tenant at any time fail to maintain said contents coverage, said failure shall not be a default hereunder but shall constitute a defacto waiver of all rights of recovery against Landlord for any loss or damage of any nature whatsoever to Tenant's ’s property regardless of the cause of said damage. 49th Exculpation. Notwithstanding anything to the contrary set forth in this Lease, it is specifically understood and agreed by Tenant that there shall be absolutely no personal liability on the part of Landlord or any individuals associated with Landlord, including, but not limited to, any partners, members or shareholders of Landlord nor joint venturers with Landlord nor any of their successors, assignees, heirs, executors, administrators or personal and legal representatives with respect to any of the terms, covenants and conditions of this Lease, and Tenant shall look solely to the equity, if any, of Landlord in the Property for the satisfaction of each and every remedy (including, without limitation, equitable remedies) of Tenant in the event of any breach by Landlord of any of the terms, covenants and conditions of this Lease to be performed by Landlord; such exculpation of personal liability to be absolute and without any exception whatsoever.