Common use of Updating Coverage Clause in Contracts

Updating Coverage. Tenant shall increase the amounts of insurance as required by any Mortgagee, and, not more frequently than once every three (3) years, as recommended by Landlord's insurance broker, if, in the opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's insurance shall not limit the liability of Tenant under this Lease.

Appears in 7 contracts

Samples: Lease Agreement (Harvard Bioscience Inc), Office Lease Agreement, Lease Agreement (Clean Energy Fuels Corp.)

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Updating Coverage. Tenant shall increase the amounts of insurance as required by any Mortgagee, and, not more frequently than once every three (3) years, as recommended by Landlord's ’s insurance broker, if, in the opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's ’s insurance shall not limit the liability of Tenant under this Lease.

Appears in 5 contracts

Samples: Lease Agreement (Hemacare Corp /Ca/), Lease Agreement (Taleo Corp), Lease Agreement (Transoma Medical Inc)

Updating Coverage. Tenant shall increase the amounts of insurance as required by any Mortgagee, and, not more frequently than once every three (3) years, as recommended by Landlord's insurance broker, if, in the reasonable opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's insurance shall not limit the liability of Tenant under this Lease.

Appears in 3 contracts

Samples: Lease Agreement (Scientific Learning Corp), Lease Agreement (Perclose Inc), Lease Agreement (Bell Microproducts Inc)

Updating Coverage. Tenant shall increase the amounts of ----------------- insurance as required by any Mortgagee, and, not more frequently than once every three (3) years, as recommended by Landlord's insurance broker, if, in the opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's insurance shall not limit the liability of Tenant under this Lease.

Appears in 3 contracts

Samples: Lease Agreement (Talk City Inc), Lease Agreement (Trintech Group PLC), Lease Agreement (Blue Martini Software Inc)

Updating Coverage. Tenant shall increase the amounts of insurance as required by any Mortgagee, and, not more frequently than once every three (3) years, as recommended by Landlord's ’s insurance broker, if, in the reasonable opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's ’s insurance shall not limit the liability of Tenant under this Lease.. Lxxxxxxx’s initials Tenant’s initials

Appears in 2 contracts

Samples: Lease Agreement (Sagimet Biosciences Inc.), Lease Agreement (Sagimet Biosciences Inc.)

Updating Coverage. Tenant shall increase the amounts of insurance as required by any Mortgagee, and, not more frequently than once every three (3) years, as recommended by Landlord's ’s insurance broker, if, in the reasonable opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's ’s insurance shall not limit the liability of Tenant under this Lease.. Landlord’s initials Tenant’s initials

Appears in 2 contracts

Samples: Lease Agreement (Sagimet Biosciences Inc.), Lease Agreement (Sagimet Biosciences Inc.)

Updating Coverage. Tenant shall increase the amounts of insurance ----------------- as required by any Mortgagee, and, not more frequently than once every three (3) years, as recommended by Landlord's insurance broker, if, in the opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's insurance shall not limit the liability of Tenant under this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Trintech Group PLC), Lease Agreement (C Bridge Internet Solutions Inc)

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Updating Coverage. Tenant shall increase the amounts of insurance as required by any Mortgagee, and, not more frequently than once every three (3) years, as recommended by Landlord's ’s insurance broker, if, in the reasonable opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's ’s insurance shall not limit the liability of Tenant under this Lease.

Appears in 1 contract

Samples: Sublease Agreement (Fox Hollow Technologies Inc)

Updating Coverage. Tenant shall increase the amounts of insurance as required by any Mortgagee, Mortgagee and, not more frequently than once every three (3) years, as recommended by Landlord's ’s insurance broker, if, in the opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's ’s insurance shall not limit the liability of Tenant under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Ryland Group Inc)

Updating Coverage. Tenant shall increase the amounts of insurance as reasonably required by any Mortgagee, and, not more frequently than once every three (3) years, as reasonably recommended by Landlord's insurance broker, if, in the opinion of either of them, the amount of insurance then required under this Lease is not adequate. Any limits set forth in this Lease on the amount or type of coverage required by Tenant's insurance shall not limit the liability of Tenant under this Lease.

Appears in 1 contract

Samples: Lease Agreement (Inktomi Corp)

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