Common use of Boiler and Machinery Coverage Clause in Contracts

Boiler and Machinery Coverage. At Landlord's option, Landlord may maintain, at Tenant's expense, boiler broad form insurance, if applicable, in the amount of One Hundred Fifty Thousand Dollars ($150,000) in the name of Landlord. Tenant shall pay the premium therefor, or its share thereof equitably determined by Landlord if the Premises are a part of a multi-tenant building.

Appears in 1 contract

Samples: Industrial Gross Lease (Sequenom Inc)

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Boiler and Machinery Coverage. At Landlord's option, Landlord may maintain, at Tenant's expense, boiler broad form insurance, if applicable, in the amount of One Hundred Fifty Thousand Dollars ($150,000) in the name of Landlord. Tenant shall pay the premium therefortherefore, or its share thereof equitably determined by Landlord if the Premises are a part of a multi-multi tenant building.

Appears in 1 contract

Samples: Industrial Gross Lease (Inland Entertainment Corp)

Boiler and Machinery Coverage. At Landlord's ’s option, Landlord may maintain, at Tenant's ’s expense, boiler broad form insurance, if applicable, in the amount of One Hundred Fifty Thousand Dollars ($150,000) in the name of Landlord. Tenant shall pay the premium therefortherefore, or its share thereof equitably determined by Landlord if the Premises are a part of a multi-tenant building.

Appears in 1 contract

Samples: Industrial Lease (Brooks Automation Inc)

Boiler and Machinery Coverage. At Landlord's optionIf applicable, Landlord may maintain, at Tenant's expense, boiler broad form insurance, if applicable, in the amount of One Hundred Fifty Thousand Dollars ($150,000) in the name of Landlord. Tenant shall pay the premium therefor, or its share thereof equitably determined by Landlord if the Premises are a part of a multi-tenant building.

Appears in 1 contract

Samples: Industrial Net Lease (Avanir Pharmaceuticals)

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Boiler and Machinery Coverage. At Landlord's option, Landlord may maintain, at Tenant's expense, boiler broad form insurance, if applicable, in the amount of One Hundred Fifty Thousand Dollars ($150,000) in the name of Landlord. Tenant shall pay the premium therefor, or its share thereof equitably determined by Landlord if it the Premises are a part of a multi-tenant building.

Appears in 1 contract

Samples: Industrial Gross Lease (Scripps Financial Corp)

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