Common use of Tenant’s Property Insurance Clause in Contracts

Tenant’s Property Insurance. Subject to the requirements of Paragraph 8.5, Tenant at Its cost shall either by separate policy or by endorsement to a policy already carried, maintain insurance coverage on all of Tenant’s personal property, Trade Fixtures and Tenant-Owned Alterations and Utility Installations in, on, or about the Premises similar In coverage to that carried by Landlord as the Insuring Party under Paragraph 8.3(a). Such insurance shall be full replacement cost coverage with a deductible not to exceed $10,000.00 per occurrence. Upon request from Landlord, Tenant shall provide Landlord with written evidence that such Insurance is in force.

Appears in 2 contracts

Samples: Responding Party (Penumbra Inc), Responding Party (Penumbra Inc)

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Tenant’s Property Insurance. Subject to the requirements of Paragraph 8.5, Tenant at Its its cost shall either by separate policy or by endorsement to a policy already carried, maintain insurance coverage on all of Tenant’s personal property, Trade Fixtures and Tenant-Owned Alterations and Utility Installations in, on, or about the Premises similar In coverage to that carried by Landlord as the Insuring Party under Paragraph 8.3(a)Premises. Such insurance shall be full replacement cost coverage with a deductible not to exceed $10,000.00 5,000 per occurrence. The proceeds from any such insurance shall be used by Tenant for the replacement of personal property and the restoration of Trade Fixtures and Tenant-Owned Alterations and Utility Installations. Upon request from Landlord, Tenant shall provide Landlord with written evidence that such Insurance insurance is in force.

Appears in 2 contracts

Samples: Ooma Inc, Ooma Inc

Tenant’s Property Insurance. Subject to the requirements of Paragraph 8.5, Tenant at Its its cost shall either by separate policy or by endorsement to a policy already carried, maintain insurance coverage on all of Tenant’s personal property, Trade Fixtures and Tenant-Owned Alterations and Utility Installations in, on, or about the Premises similar In in coverage to that carried by Landlord as the Insuring Party under Paragraph 8.3(a). Such insurance shall be full replacement cost coverage with a deductible not to exceed $10,000.00 per occurrence. Upon request from Landlord, Tenant shall provide Landlord with written evidence that such Insurance insurance is in force.

Appears in 1 contract

Samples: Penumbra Inc

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Tenant’s Property Insurance. Subject to the requirements of Paragraph 8.5, Tenant at Its cost shall either by separate policy or by endorsement to a policy already carried, maintain insurance coverage on all of Tenant’s personal property, Trade Fixtures and Tenant-Owned Alterations and Utility Installations in, on, or about the Premises similar In in coverage to that carried by Landlord as the Insuring Party under Paragraph 8.3(a). Such insurance shall be full replacement cost coverage with a deductible not to exceed $10,000.00 per occurrence. Upon request from Landlord, Tenant shall provide Landlord with written evidence that such Insurance insurance is in force.

Appears in 1 contract

Samples: Penumbra Inc

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