Increased Risk Clause Samples
The Increased Risk clause defines how additional risks that arise during the performance of a contract are managed between the parties. Typically, this clause outlines the process for identifying and notifying the other party if circumstances change in a way that increases the risk or cost of fulfilling contractual obligations, such as new safety hazards or regulatory changes. Its core function is to allocate responsibility for unforeseen risks, ensuring that both parties are aware of and can address new challenges as they arise, thereby reducing disputes and promoting fair risk-sharing.
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Increased Risk. Tenant will not do anything or permit anything to be done or any hazardous condition to exist ("Increased Risk") which shall invalidate or cause the cancellation of the insurance policies carried by either Tenant or Landlord. If Tenant does or permits any Increased Risk which causes an increase in the cost of Landlord's insurance policies then Tenant shall reimburse Landlord pursuant to Paragraph 23 for additional premiums attributable to any act, omission or operation of Tenant causing the increase in the premiums, including, but not limited to, non-compliance with recommendations under Paragraph 6.2. Payment of additional premiums will not excuse Tenant from terminating or removing the Increased Risk unless Landlord agrees in writing. Absent agreement, Tenant shall promptly terminate or remove the Increased Risk.
Increased Risk. Sublessee shall not, without Sublessor’s prior written consent, keep anything within the Subleased Premises or use the Sublease Premises for any purpose which increases the insurance premium cost or invalidates any insurance policy carried on the Subleased Premises or the Store or the Common Area. All property kept, stored or maintained within the Subleased Premises by Sublessee shall be at Sublessee’s sole risk.
Increased Risk. Tenant shall not do anything in or upon the Premises which may be prohibited by any insurance policy in force carried by Landlord or Tenant, from time to time, covering the Shopping Center or any portion thereof, including the Premises. If Tenant’s occupancy or conduct of business in or upon the Premises (whether or not Landlord has consented to the same) results in any increase in premiums for (or calculation of) the insurance carried from time to time by Landlord with respect to the Shopping Center, Tenant shall, at Landlord’s option, either cease such use or conduct, immediately, or pay any resulting increase in premium upon demand therefor from Landlord. In determining whether increased premiums or cancellation are a result of Tenant’s occupancy of the Premises, the written determination of the insurer shall be conclusive. Tenant shall promptly comply with all reasonable requirements of the insurance authority or of any insurer now or hereafter in effect relating to the use and/or maintenance of the Premises.
Increased Risk. The TENANT shall pay all extra premiums of insurance that any company or companies with which the Building or the contents thereof may be insured, shall exact by reason of anything carried into the Premises or stored therein by the TENANT or any activity carried on therein by the TENANT.
Increased Risk. Agent shall give Owner written notice if any facts of which Agent is aware evidence an increase in the risk of casualty loss or a claim of liability in connection with the Project or its operation. Such notice shall be given as soon as Agent has knowledge of such facts.
Increased Risk. Employees that currently fall under one of the identified increased risk groups may seek a reasonable accommodation by working with the District’s Human Resources department. Employees in this category may also use their accrued sick leave per the Governor’s proclamation. Other provisions mandated at the state level or by the Governor’s office, such as access to unemployment benefits shall be adhered to by the district if the mandate is in place or until the end of the 2020-21 school year, whichever occurs first.
Increased Risk. The lessee will not take any action or do anything, or keep in or close to the Leased Premises anything that would increase the risk of fire or the rate of insurance premiums on the Building. Under no circumstances will the Lessee bring or keep in the Lease Premises any flammable, explosive, dangerous or contaminated materials.
Increased Risk. Sub-Tenant will not do anything in or upon the Premises which may be prohibited by any insurance policy in force carried by Sublandlord covering the Premises or any portion thereof. In the event Sub-Tenant's occupancy or conduct of business on or upon the Premises results in any increase in premiums for the insurance carried from time to time by Sublandlord with respect to the Prime Premises, Sub-Tenant shall pay one hundred percent (100%) of any increase upon demand therefor from Sublandlord. In determining whether increased premiums are a result of Sub-Tenant's occupancy of the Premises, the written determination of the insurer shall be conclusive. Sub-Tenant shall promptly comply with all reasonable requirements of the insurance authority or of any insurer now or hereafter in effect relating to the Premises.
Increased Risk. Tenant shall not (i) violate any condition imposed by standard fire insurance policies as are normally issued for office buildings in Los Angeles County or (ii) permit anything to be done or kept in the Premises which would either increase the risk ratings or premium calculation factors on the Building or property therein (collectively an “Increased Risk”), or result in insurance companies of good standing refusing to insure the Building or any property appurtenant thereto in such amounts and against such risks as Landlord may reasonably determine from time to time are appropriate. Notwithstanding the above, if additional insurance is available to cover such Increased Risk, a Tenant Default shall not occur if Tenant (a) authorizes Landlord in writing to obtain such additional insurance; and (b) prepays the annual cost thereof to Landlord for such additional coverage, as well as the additional costs, if any, of any increase in Landlord’s other insurance premiums resulting from the existence or continuance of such Increased Risk.
Increased Risk. Tenant shall not, without Landlord's prior written consent, keep anything within the Demised Premises or use the Demised Premises for any purpose which increases the insurance premium cost or invalidates any insurance policy carried on the Demised Premises or the Store or the Common Area. All property kept, stored or maintained within the Demised Premises by Tenant shall be at Tenant's sole risk.