Common use of Landlord’s Right to Place Tenant’s Insurance Clause in Contracts

Landlord’s Right to Place Tenant’s Insurance. If Tenant at any time fails to take out and keep in place any insurance required by or pursuant to this lease or to deliver to Landlord satisfactory proof of the good standing of any such insurance, Landlord shall, without prejudice to any of its other rights hereunder, have the right but not the obligation to effect such insurance on behalf of Tenant and the cost thereof together with all reasonable expenses incurred by Landlord shall be paid by Tenant to Landlord upon demand as additional rent.

Landlord’s Right to Place Tenant’s Insurance. If Tenant at any time fails to take out and keep in place any insurance required by or pursuant to this lease or to deliver to Landlord satisfactory proof of the good standing of any such insurance, Landlord shall, without prejudice to any of its other rights hereunder, have the right but not the obligation to effect such insurance on behalf of Tenant Tenant, and the cost thereof together with all reasonable expenses incurred by Landlord shall be paid by Tenant to Landlord upon demand as additional rent.

Landlord’s Right to Place Tenant’s Insurance. If Tenant at any time fails to take out and keep maintain in place force, or pay any premiums for, any insurance required to be maintained by or pursuant to this lease or to deliver to Landlord satisfactory proof of the good standing of any such insuranceTenant hereunder, Landlord shallthen Landlord, without prejudice to any of its other rights and remedies hereunder, shall have the right but not the obligation to effect such insurance on behalf of Tenant and the cost thereof together with and all other reasonable expenses incurred by Landlord in that regard shall be paid by Tenant to Landlord forthwith upon demand as additional rentdemand.