Common use of Vitiation of Insurance Clause in Contracts

Vitiation of Insurance. 5.1 If the insurance money under any of the Insurance Policies is wholly or partly irrecoverable (or where paragraph 1.6 applies, if such money would under the Landlord’s usual terms of insurance be wholly or partly irrecoverable) by reason of any act neglect or default of the Tenant or any undertenant or any predecessor in title of either of them or any employee, servant, agent, licensee or invitee of any of them or where the sum insured is inadequate as a result of a breach by the Tenant of paragraph 3.4.6, then the Tenant will pay to the Landlord the irrecoverable amount or the amount of such shortfall as the case may be.

Appears in 1 contract

Samples: Pharmion Corp

AutoNDA by SimpleDocs

Vitiation of Insurance. 5.1 If the insurance money under any of the Insurance Policies is wholly or partly irrecoverable (or where paragraph 1.6 applies, applies if such money would under the Landlord’s usual terms of insurance be wholly or partly irrecoverable) by reason of any act neglect or default of the Tenant or any undertenant or any predecessor in title of either of them or any employee, servant, agent, employee servant agent licensee or invitee of any of them or where the sum insured is inadequate as a result of a breach by the Tenant of paragraph 3.4.6, 3.3(f) then the Tenant will pay to the Landlord the irrecoverable amount or the amount of such the shortfall as the case may be.

Appears in 1 contract

Samples: Agreement (Oilgear Co)

Vitiation of Insurance. 5.1 If the insurance money under any of the Insurance Policies is wholly or partly irrecoverable (or where paragraph 1.6 applies, 1.7 applies if such money would under the Landlord’s usual terms of insurance be wholly or partly irrecoverable) by reason of any act neglect or default of the Tenant or any undertenant or any predecessor in title of either of them or any employee, servant, agent, employee servant agent licensee or invitee of any of them or where the sum insured is inadequate as a result of a breach by the Tenant of paragraph 3.4.6, 3.4.6 then the Tenant will pay to the Landlord the irrecoverable amount or the amount of such shortfall as the case may be.

Appears in 1 contract

Samples: Guidance Software, Inc.

AutoNDA by SimpleDocs

Vitiation of Insurance. 5.1 6.1 If the insurance money under any of the Insurance Policies Policy is wholly or partly irrecoverable (or where paragraph 1.6 applies, if such money would under the Landlord’s usual terms of insurance be wholly or partly irrecoverable) by reason of any act neglect or default of the Tenant or any undertenant or any predecessor in title of either of them or any employee, servant, agent, employee servant agent licensee or invitee of any of them or where the sum insured is inadequate as a result of a breach by the Tenant of paragraph 3.4.6, 4.3 (e) then the Tenant will (before the Landlord becomes obliged under paragraph 3.1 to endeavour to obtain all Necessary Consents for reinstatement or to begin reinstatement) pay to the Landlord the irrecoverable amount or the amount of such shortfall as the case may be.

Appears in 1 contract

Samples: Authorised Guarantee Agreement (SunGard Availability Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!