Common use of Insurance Deductible Clause in Contracts

Insurance Deductible. If Landlord elects to repair any damage caused by an insured casualty as provided in Section 16.1, Tenant shall, within fifteen (15) days after receipt of written notice from Landlord, pay the amount of any deductible (or its share thereof) under any insurance policy covering such damage or destruction, in accordance with Section 9.4 above.

Appears in 11 contracts

Samples: Industrial Lease (Brooks Automation Inc), Sublease Agreement (Tenby Pharma Inc), Standard Lease (Sophiris Bio Inc.)

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Insurance Deductible. If Landlord is required or elects to repair any damage Premises Damage caused by an insured casualty as provided in Section 16.1, Tenant shall, within fifteen (15) days after receipt of written notice from Landlord, pay the amount of any deductible (or its share Share thereof) under any insurance policy covering such damage or destructionPremises Damage, in accordance with Section 9.4 9.3 above.

Appears in 3 contracts

Samples: Lease (Locust Walk Acquisition Corp.), CardioVascular BioTherapeutics, Inc., Jmar Technologies Inc

Insurance Deductible. If Landlord elects to repair any damage caused by an insured casualty as provided in Section 16.1, Tenant shall, within fifteen (15) days after receipt of written notice from Landlord, Tenant shall pay the lesser of the full amount of any deductible amount under Landlord’s insurance policies, or where applicable its Pro Rata Share thereof (or its share thereof) under any insurance policy covering such damage or destructionnot to exceed in either instance $15,000), in accordance with Section 9.4 above.

Appears in 1 contract

Samples: Office Lease (Evoke Pharma Inc)

Insurance Deductible. If Landlord elects to repair any damage caused by an insured casualty as provided in Section 16.1, Tenant shall, within fifteen (15) days after receipt of written notice from Landlord, pay the amount of any deductible (or its share thereof) under any insurance policy covering such damage or destruction, in accordance with Section 9.4 above.. 16.3

Appears in 1 contract

Samples: Sgi International

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Insurance Deductible. If Landlord is required or elects to repair any damage Premises Damage caused by an insured casualty as provided in Section 16.1, Tenant shall, within fifteen (15) days after receipt of written notice from Landlord, pay the amount of any deductible (or its share Share thereof) under any insurance policy covering such damage or destructionPremises Damage, subject to the limitations set forth in Section 6, and otherwise in accordance with Section 9.4 9.3 above.

Appears in 1 contract

Samples: Industrial Net Lease (Halozyme Therapeutics Inc)

Insurance Deductible. If Landlord is required or elects to repair any damage Premises Damage caused by an insured casualty as provided in Section 16.1, Tenant shall, within fifteen (15) days after receipt of written notice from Landlord, pay the amount of any deductible (or its share Share thereof) under any insurance policy covering such damage or destructionPremises Damage, in accordance with Section 9.4 above.9.3

Appears in 1 contract

Samples: Aethlon Medical Inc

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