Tenant’s Failure to Insure. In the event Tenant fails to provide Landlord with evidence of insurance required under Section 11.4 and Section 11.5, Landlord may but shall not be obligated to, without further demand upon Tenant and without waiving or releasing Tenant from any obligation contained in this Lease, effect such insurance. In such event, Tenant agrees to repay, upon demand, all sums incurred by Landlord in effecting such insurance. All such sums shall become Additional Rent hereunder, but no such payment by Landlord shall relieve Tenant from any default under this Lease.
Appears in 4 contracts
Samples: Office Lease Agreement (Sunpower Corp), Office Lease Agreement (Precise Software Solutions LTD), Lease Agreement (Netbank Inc)
Tenant’s Failure to Insure. In the event Tenant fails to provide Landlord with evidence of insurance required under Section 11.4 and Section 11.5this Article 6, Landlord may may, but shall will not be obligated to, without further demand upon Tenant Tenant, and without waiving or releasing Tenant from any obligation contained in this Lease, effect such insurance. In such event, insurance and Tenant agrees to repay, upon demand, all such sums incurred by Landlord in effecting such insurance. All such sums shall will become a part of the Additional Rent payable hereunder, but no such payment by Landlord shall will relieve Tenant from any default under this Lease.
Appears in 1 contract
Samples: Vitria Technology Inc