Common use of Tenant’s Failure to Insure Clause in Contracts

Tenant’s Failure to Insure. If Tenant fails to provide Landlord with evidence of insurance as required under Section 10.1, and if such failure is not cured by Tenant within five days of Landlord’s request therefor, Landlord may, but is not obligated to, obtain such insurance for Landlord’s benefit without waiving or releasing Tenant from any obligation contained in or default under this Lease. Tenant will pay to Landlord, as Additional Rent, all costs and expenses Landlord reasonably incurs in obtaining such insurance.

Appears in 2 contracts

Samples: Tenant Lease Agreement (SXC Health Solutions Corp.), Warehouse Lease Agreement (Insignia Systems Inc/Mn)

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Tenant’s Failure to Insure. If Tenant fails to provide Landlord with evidence of insurance as required under Section 10.1, and if such failure is not cured by Tenant within five 10 days of Landlord’s 's request therefor, Landlord may, but is not obligated to, obtain such insurance for Landlord’s 's benefit without waiving or releasing Tenant from any obligation contained in or default under this Lease. Tenant will pay to Landlord, as Additional Rent, all costs and expenses Landlord reasonably incurs in obtaining such insurance.

Appears in 2 contracts

Samples: Warehouse Lease Agreement (Advanced Digital Information Corp), Lease Agreement (Wells Real Estate Fund Xiii L P)

Tenant’s Failure to Insure. If Tenant fails to provide Landlord with evidence of insurance as required under Section 10.1, and if such failure is not cured by Tenant within five days of after Landlord’s request therefor, Landlord may, but is not obligated to, obtain such insurance for Landlord’s benefit without waiving or releasing Tenant from any obligation contained in or default under this Lease. Tenant will pay to Landlord, as Additional RentRent and within 30 days after a written request therefor, all out-of-pocket costs and expenses Landlord reasonably incurs in obtaining such insurance.

Appears in 1 contract

Samples: Warehouse Lease Agreement (Honest Company, Inc.)

Tenant’s Failure to Insure. If Notwithstanding any contrary language in this Lease and any notice and cure rights this Lease provides Tenant, if Tenant fails to provide Landlord with evidence of insurance as required under Section 10.19.5 or notice of self-insurance as provided in Section 9.7, and if such failure is not cured by Tenant within five continues for more than ten (10) business days of after notice from Landlord’s request therefor, Landlord may, but is not obligated to, obtain such insurance for Landlord’s benefit without waiving or releasing Tenant from any obligation contained in or default under this Lease's benefit. In such event, Tenant will pay to Landlord, as Additional Rent, reimburse Landlord for all reasonable costs and expenses that Landlord reasonably incurs in obtaining such insurance.

Appears in 1 contract

Samples: Purchase Agreement (Supervalu Inc)

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Tenant’s Failure to Insure. If Tenant fails to provide Landlord with evidence of insurance as required under Section 10.1, and if such failure is not cured by Tenant within five ten days of Landlord’s request notice to Tenant therefor, Landlord may, but is not obligated to, obtain such insurance for Landlord’s benefit without waiving or releasing Tenant from any obligation contained in or default under this Lease. Tenant will pay to Landlord, as Additional Rent, all the actual, reasonable, out-of-pocket costs and expenses Landlord reasonably incurs in obtaining such insurance.

Appears in 1 contract

Samples: Lease Agreement (UserTesting, Inc.)

Tenant’s Failure to Insure. If Tenant fails to provide Landlord with evidence of insurance as required under Section 10.1, and if such failure is not cured by Tenant within five (5) days of Landlord’s request therefor, Landlord may, but is not obligated to, obtain such insurance for Landlord’s benefit without waiving or releasing Tenant from any obligation contained in or default under this Lease. Tenant will pay to Landlord, as Additional Rent, all costs and expenses Landlord reasonably incurs in obtaining such insurance.

Appears in 1 contract

Samples: Office Lease Agreement (Fender Musical Instruments Corp)

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