Common use of Loss of Rents Insurance Clause in Contracts

Loss of Rents Insurance. Lessor shall, at Lessee’s sole cost and expense, purchase and maintain in full force and effect, a policy of rental loss insurance, in an amount equal to the amount of Rent payable by Lessee commencing within sixty (60) days of the date of the loss or on the date of loss if reasonably available for the next ensuing one (1) year, as reasonably determined by Lessor with proceeds payable to Lessor (“Loss of Rents Insurance”).

Appears in 9 contracts

Samples: HTM Lease Agreement, Lease (Infoblox Inc), Sublease (Netlogic Microsystems Inc)

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Loss of Rents Insurance. Lessor shall, at Lessee’s 's sole cost and expense, purchase and maintain in full force and effect, a policy of rental loss insurance, in an amount equal to the amount of Rent payable by Lessee commencing within sixty (60) days of the date of the loss or on the date of loss if reasonably available for the next ensuing one (1) year, as reasonably determined by Lessor with proceeds payable to Lessor ("Loss of Rents Insurance").

Appears in 4 contracts

Samples: Oni Systems Corp, Cei Systems Inc, Intevac Inc

Loss of Rents Insurance. Lessor shall, at Lessee’s 's sole cost and expense, purchase and maintain in full force and effect, a policy of rental loss insurance, in an amount equal to the amount of Rent payable by Lessee commencing within sixty (60) days of the date of the loss or on the date of loss if reasonably available for the next ensuing one (1) year, as reasonably determined by Lessor with proceeds payable to Lessor ("Loss of Rents Insurance").

Appears in 3 contracts

Samples: Lease Agreement (Larscom Inc), Mission West Properties/New/, LJL Biosystems Inc

Loss of Rents Insurance. Lessor shall, at Lessee’s 's sole cost and expense, purchase and maintain in full force and effect, a policy of rental loss insurance, in an amount equal to the amount of Rent payable by Lessee commencing within sixty (60) days of the date of the loss or on the date of loss if reasonably available for the next ensuing one (1) year, as reasonably determined by Lessor with proceeds payable to top Lessor ("Loss of Rents Insurance").

Appears in 3 contracts

Samples: Intertrust Technologies Corp, Intertrust Technologies Corp, Intertrust Technologies Corp

Loss of Rents Insurance. Lessor shall, at LesseeLessor’s sole cost and expense, purchase and maintain in full force and effect, a policy of rental loss insurance, in an amount equal to the amount of Rent payable by Lessee commencing within sixty (60) days of the date of the loss or on the date of loss if reasonably available for the next ensuing one (1) year, as reasonably determined by Lessor with proceeds payable to Lessor (“Loss of Rents Insurance”).

Appears in 2 contracts

Samples: Occam Networks Inc/De, DSP Group Inc /De/

Loss of Rents Insurance. Lessor shall, at Lessee’s sole cost and expense, purchase and Lessee shall maintain in full force and effectaffect at Lessee's sole cost, a policy of rental loss insurance, in an amount equal to the amount of Rent payable by Lessee commencing within sixty (60) days of the date of the loss or on the date of loss if reasonably available for the next ensuing one (1) year, as reasonably determined by Lessor with proceeds payable to Lessor ("Loss of Rents Insurance"). It is agreed that as of this Commencement Date the amount of Rent payable under the Loss of Rents Insurance coverage shall be two million two hundred fifty thousand dollars ($2,250,000).

Appears in 1 contract

Samples: Sublease Agreement (Snap Appliances Inc)

Loss of Rents Insurance. Lessor shall, at Lessee’s 's sole cost and expense, purchase and maintain in full force and effect, a policy of rental loss insurance, in an amount equal to the amount of Rent payable by Lessee commencing within sixty (60) days of the date of the loss or on the date of loss if reasonably available for the next ensuing one (1) year, as reasonably determined by Lessor with proceeds payable to Lessor ("Loss of Rents Insurance").

Appears in 1 contract

Samples: Act Manufacturing Inc

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Loss of Rents Insurance. Lessor shall, at Lessee’s 's sole cost and expense, purchase and maintain in full force and effect, a policy of rental loss insurance, in an amount equal to the amount of Rent payable by Lessee commencing within sixty (60) days of the date of the loss or on the date of loss (or on date of loss, if reasonably available available) for the next ensuing one (1) year, as reasonably determined by Lessor with proceeds pr oceeds payable to Lessor ("Loss of Rents Insurance").

Appears in 1 contract

Samples: E Tek Dynamics Inc

Loss of Rents Insurance. Lessor shall, at Lessee’s sole cost and expense, purchase and Lessee shall maintain in full force and effecteffect at Lessee's sole cost, a policy of rental loss insurance, in an amount equal to the amount of Rent payable by Lessee commencing within sixty (60) days of the date of the loss or on the date of loss if reasonably available for the next ensuing one (1) year, as reasonably determined by Lessor with proceeds payable to Lessor ("Loss of Rents Insurance"). It is agreed that as of the Commencement Date the amount of Rent payable under the Loss of Rents Insurance coverage shall be three million five hundred thousand dollars ($3,500,000).

Appears in 1 contract

Samples: Xilinx Inc

Loss of Rents Insurance. Lessor shall, at Lessee’s 's sole cost and expense, purchase and maintain in full force and effect, a policy of rental loss insurance, in an amount equal to the amount of Rent payable by Lessee commencing within sixty (60) days of the date of the loss or on the date of loss (or on date of loss, if reasonably available available) for the next ensuing one (1) year, as reasonably determined by Lessor with proceeds payable to Lessor ("Loss of Rents Insurance").

Appears in 1 contract

Samples: Lynuxworks Inc

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