Common use of Updating Coverage Clause in Contracts

Updating Coverage. Tenant shall increase the amounts of insurance as required by any Lender or 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 consistent with the amounts of insurance carried by similar tenants (both in terms of the net worth of the tenant and the amount of space leased by such tenant) in Comparable Buildings. 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.

Updating Coverage. Tenant shall increase the amounts of insurance as required by any Lender or 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 consistent with the amounts of insurance carried by similar tenants (both in terms of the net worth of the tenant and the amount of space leased by such tenant) in Comparable Buildingsadequate. 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.

Updating Coverage. Tenant shall increase the amounts of insurance as required by any Lender or Mortgagee and 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 consistent with the amounts of insurance carried by similar tenants (both in terms of the net worth of the tenant and the amount of space leased by such tenant) in Comparable Buildingsadequate. 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.