Common use of Increased Coverage Clause in Contracts

Increased Coverage. Not more frequently than once every year, Lessee shall increase the amounts of insurance as follows: (a) as recommended by Lessor's insurance broker, provided that the amount of insurance recommended by such broker shall not exceed the amount customarily required of tenants in comparable projects located within the general area of the Industrial Center, or (b) as required by Lessor's lender.

Appears in 2 contracts

Samples: Lease Agreement (Sportsmans Guide Inc), Lease (WTC Industries Inc)

AutoNDA by SimpleDocs

Increased Coverage. Not more frequently than once every yearfive (5) years, Lessee shall increase the amounts of insurance as follows: (a) as recommended by Lessor's ’s insurance brokerbrokers, provided that the amount of insurance recommended by such broker brokers shall not exceed the amount customarily required of tenants in comparable projects located within the general area of the Industrial Center, or (b) as required by Lessor's ’s lender.

Appears in 1 contract

Samples: First Lease Amendment Agreement (Transoma Medical Inc)

AutoNDA by SimpleDocs

Increased Coverage. Not more frequently than once every year, Lessee shall increase the amounts of insurance as follows: (a) as recommended by Lessor's insurance broker, provided that the amount of insurance recommended by such broker shall not exceed the amount customarily required of tenants in comparable projects located within the general area of the Industrial Center, or (b) as reasonably required by Lessor's lender.

Appears in 1 contract

Samples: Discovery Partners International Inc

Time is Money Join Law Insider Premium to draft better contracts faster.