Common use of Tenant’s Property Agreement Clause in Contracts

Tenant’s Property Agreement. In light of Tenant’s agreement to insure Tenant’s Business Personal Property in accordance with § 14.1.2 above, Tenant agrees that Landlord will have no liability to Tenant in the event Landlord damages or destroys, negligently or otherwise, all or any part of Tenant’s Business Personal Property. Tenant will cause to be placed in its insurance policies covering Tenant’s Business Personal Property a waiver of subrogation so that its insurance company will not become subrogated to Tenant’s rights and will not be able to proceed against Landlord in connection with any such damage or destruction.

Appears in 9 contracts

Samples: Office Lease (Loxo Oncology, Inc.), Office Lease (Sunesis Pharmaceuticals Inc), Office Lease (Envivio Inc)

AutoNDA by SimpleDocs

Tenant’s Property Agreement. In light of Tenant’s agreement to insure Tenant’s Business Personal Property in accordance with § 14.1.2 above, notwithstanding anything to the contrary in this Lease (but subject to § 14.5 below), Tenant agrees that Landlord will have no liability to Tenant in the event Landlord damages or destroys, negligently or otherwise, all or any part of Tenant’s Business Personal Property. Tenant will cause to be placed in its insurance policies covering Tenant’s Business Personal Property a waiver of subrogation so that its insurance company will not become subrogated to Tenant’s rights and will not be able to proceed against Landlord in connection with any such damage or destruction.

Appears in 1 contract

Samples: Office Lease (Satsuma Pharmaceuticals, Inc.)

Tenant’s Property Agreement. In light of Tenant’s agreement to insure Tenant’s Business Personal Property in accordance with § 14.1.2 14.1.3 above, Tenant agrees that Landlord will have no liability to Tenant in the event Landlord negligently damages or destroys, negligently or otherwise, destroys all or any part of Tenant’s Business Personal Property. Tenant will cause to be placed in its insurance policies covering Tenant’s Business Personal Property a waiver of subrogation so that its insurance company will not become subrogated to Tenant’s rights and will not be able to proceed against Landlord in connection with any such damage or destruction.

Appears in 1 contract

Samples: Office Lease (Day One Biopharmaceuticals Holding Co LLC)

Tenant’s Property Agreement. In light of Tenant’s agreement to insure Tenant’s Business Personal Property in accordance with § 14.1.2 14.1.3 above, Tenant agrees that Landlord will have no liability to Tenant in the event Landlord damages or destroys, negligently or otherwise, all or any part of Tenant’s Business Personal Property. Tenant will cause to be placed in its insurance policies covering Tenant’s Business Personal Property a waiver of subrogation so that its insurance company will not become subrogated to Tenant’s rights and will not be able to proceed against Landlord in connection with any such damage or destruction.

Appears in 1 contract

Samples: Office Lease (ESSA Pharma Inc.)

AutoNDA by SimpleDocs

Tenant’s Property Agreement. In light of Tenant’s 's agreement to insure Tenant’s 's Business Personal Property in accordance with § 14.1.2 S 14.1.3 above, notwithstanding anything to the contrary in this Lease (but subject to S 14.5 below), Tenant agrees that Landlord will have no liability to Tenant in the event Landlord negligently damages or destroys, negligently or otherwise, destroys all or any part of Tenant’s 's Business Personal Property. Tenant will cause to be placed in its insurance policies covering Tenant’s 's Business Personal Property a waiver of subrogation so that its insurance company will not become subrogated to Tenant’s 's rights and will not be able to proceed against Landlord in connection with any such damage or destruction.

Appears in 1 contract

Samples: Lease Commencement Date Agreement (MyoKardia Inc)

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