Tenant’s Failure to Maintain Insurance. If Tenant fails to maintain the insurance required by this Lease, Landlord may, but will not be obligated to, obtain, and pay the premiums for, such insurance. Upon demand, Tenant shall pay to Landlord all amounts paid by Landlord pursuant to this Section 14.1(e).
Tenant’s Failure to Maintain Insurance. If Tenant fails to comply with the insurance requirements of this Article 9 within the applicable notice and cure periods of Article 14, then Landlord may (in addition to having available to it all other remedies provided herein on the occurrence of an Event of Default) obtain such insurance, and Tenant shall pay to landlord on demand, as additional Rent hereunder, the premium cost thereof plus interest at the lesser of twelve percent (12%) per annum or the highest lawful rate, from the date of payment by Landlord until payment by Tenant.
Tenant’s Failure to Maintain Insurance. In the event of the failure of Tenant to procure or pay for any insurance required by the terms of this lease or to keep same in full force and effect, then Landlord may, but is not obligated to, without further notice to Tenant and in addition to any other remedies it may have, procure insurances to protect the Landlord only, and pay the premiums therefor; and any sums expended by Landlord for this purpose shall be and become due and payable to Landlord as additional rent and shall be paid to Landlord on demand. Landlord shall have the same remedies for the nonpayment therefor as for the nonpayment of fixed rent. In addition, Landlord may recover from Tenant and Tenant agrees to pay, as additional rent, any and all reasonable expenses (including attorneys’ fees) and damages which Landlord may sustain by reason of the failure to Tenant to obtain and maintain such insurance.
Tenant’s Failure to Maintain Insurance. If Tenant fails to comply with the foregoing insurance requirements, then Landlord may (in addition to having available to it all other remedies provided herein on the occurrence of an Event of Default) obtain such insurance, and Tenant shall pay to Landlord on demand, as additional rent hereunder, the premium cost thereof plus interest at the lesser of eighteen percent (18%) per annum or the highest lawful rate, from the date of payment by Landlord until payment by Tenant.
Tenant’s Failure to Maintain Insurance. If Tenant fails to maintain the insurance required by this Lease, which failure continues for more than two (2) business days after notice to Tenant thereof. Landlord may, but shall not be obligated to, obtain, and pay the premiums for, such insurance. Upon demand, Tenant shall pay to Landlord all amounts paid by Landlord pursuant to this Section 14(e).
Tenant’s Failure to Maintain Insurance. In the event that Tenant (i) fails to maintain policies of insurance or (ii) fails to pay any premium for policies of insurance when due, as required by this Article IX, Landlord or Landlord's Mortgagee, without prejudice to their other rights and remedies, shall have the right to produce said insurance policy or pay such insurance premium on behalf of Tenant. In such an event, the amount expended by Landlord or Landlord's Mortgagee shall be Additional Rental and Tenant shall pay said amount to Landlord within thirty (30) days after demand at the Interest Rate, provided, however, that Landlord submits proof of the cost of insurance (invoices, bills, etc.) at the time it demands payment, without prejudice to Landlord's and Landlord's Mortgagee's other rights and remedies. Any action by Landlord or Landlord's Mortgagee in procuring insurance policies or paying insurance premiums on behalf of Tenant pursuant to this Section 9.2(c) shall in no way reduce or abrogate Tenant's obligations under Article IX or act as a waiver of any default by Tenant under Article IX.
Tenant’s Failure to Maintain Insurance. If Tenant is in default for failing to obtain the insurance coverage or the certificates and endorsements required by this Lease, and such default continues for ten (10) days after notice from Landlord, Landlord, may, at its option, obtain such insurance for Tenant and Tenant shall promptly reimburse Landlord, as Additional Rent, for the reasonable cost thereof.”
Tenant’s Failure to Maintain Insurance. Any failure of Tenant to obtain and maintain the insurance policies and coverages required hereunder or failure by Tenant to meet any of the insurance requirements of this Lease beyond the applicable notice and cure period provided for in Paragraph 12(a)(ii) shall constitute a Material Default hereunder, and such failure shall entitle Landlord to pursue, exercise or obtain any of the remedies provided for in Paragraph 12(b), and Tenant shall be solely responsible for any loss suffered by Landlord as a result of such failure. In the event of failure by Tenant to maintain the insurance policies and coverages required by this Lease or to meet any of the insurance requirements of this Lease, Landlord, at its option, and without relieving Tenant of its obligations hereunder, may obtain said insurance policies and coverages or perform any other insurance obligation of Tenant, but all costs and expenses incurred by Landlord in obtaining such insurance or performing Tenant’s insurance obligations shall be reimbursed by Tenant to Landlord, together with interest on same from the date any such cost or expense was paid by Landlord until reimbursed by Tenant, at the rate of interest provided to be paid on judgments, by the law of the jurisdiction to which the interpretation of this Lease is subject.
Tenant’s Failure to Maintain Insurance. If Tenant fails to comply with the foregoing insurance requirements, then Landlord may obtain such insurance and Tenant shall pay to Landlord on demand the premium cost thereof plus interest at the Default Rate, from the date of payment by Landlord until payment by Tenant.
Tenant’s Failure to Maintain Insurance. Tenant agrees that if Tenant does not maintain any insurance policy required under this Agreement or fails to pay any premiums when due, Landlord may, at its election, either terminate this Agreement, require that the Premises and License Area be immediately closed for business pending reinstatement of insurance by Tenant, or obtain the necessary insurance and pay the premium, and the repayment thereof shall be deemed to be Additional Rent due by the Tenant and payable on the next date upon which a payment of Rent is due.
