Common use of Tenant's Fire Insurance Clause in Contracts

Tenant's Fire Insurance. Tenant, at its cost, shall maintain on all of Tenant's Alterations, Trade Fixtures and Personal Property in, on or about the Premises, a policy of standard All Risk fire insurance, in an amount equal to at least their full replacement cost. The proceeds of any such policy shall be used by Tenant for the restoration of Tenant's Alterations and Trade Fixtures and the replacement of its Personal Property. Any portion of such proceeds not used for such restoration shall belong to Tenant.

Appears in 3 contracts

Sources: Office Lease (Loudeye Technologies Inc), Office Lease (Amazon Com Inc), Office Lease (Amazon Com Inc)

Tenant's Fire Insurance. Tenant, at its cost, shall maintain on all of Tenant's Alterations, Trade Fixtures and Personal Property its personal property in, on or about the Premisespremises, a standard policy of standard All Risk fire property insurance, in an amount equal with "all risk" coverage, to the extent of at least their 100% of full replacement costvalue. The proceeds of from any such policy shall be used by Tenant for the restoration of Tenant's Alterations and Trade Fixtures and the replacement of its Personal Property. Any portion of such proceeds not used for such restoration shall belong to Tenantimprovements or alterations.

Appears in 1 contract

Sources: Lease Agreement (Esoft Inc)