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

Tenant’s Failure to Insure. Should Tenant fail to keep in effect and pay for such insurance as it is in this Section required to maintain, Landlord may do so, in which event the insurance premiums paid by Landlord shall become due and payable forthwith and failure of Lessee to pay same on demand shall constitute a breach of this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Choice Waste System Holdings Inc), Lease Agreement (Choice Waste System Holdings Inc)

AutoNDA by SimpleDocs

Tenant’s Failure to Insure. Should Tenant fail to keep in effect and pay for such insurance as it is in required by this Section required to maintainsection, the Landlord may do so, in which . In that event the insurance premiums paid by Landlord shall become will be due and payable forthwith by Tenant to lessor, and failure of Lessee Tenant to pay same on demand shall them will constitute a breach of this Leaselease and shall be due and payable as additional rent.

Appears in 1 contract

Samples: Parking License Agreement (Lighthouse Fast Ferry Inc)

AutoNDA by SimpleDocs

Tenant’s Failure to Insure. Should Tenant fail to keep in effect and pay for such the insurance as it is required in this Section required to maintainsection, Landlord may do so, so in which event the insurance premiums paid by Landlord shall become and due and payable forthwith and failure of Lessee Tenant to pay the same on demand shall will, at Landlord's option, constitute a breach of an incurable default under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Hart Industries Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.