Common use of Increased Insurance Clause in Contracts

Increased Insurance. To the extent that Tenant’s specific use of the Property (as opposed to the use of the Property generally for general and administrative office, training, storage and cafeteria uses) causes an increase in the premium of any insurance policy that Landlord is required to carry with respect to the Premises or the Property under this Lease, then Tenant will reimburse Landlord for such increased premium charges within 30 days after Tenant’s receipt of an invoice from Landlord therefor.

Appears in 2 contracts

Sources: Sublease, Sublease (Horizon Pharma PLC)