Common use of Premium Increase Clause in Contracts

Premium Increase. If any increase in the fire and extended coverage insurance premiums paid by Landlord is caused by Tenant’s use and occupancy of the Premises, or if Tenant vacates the Premises and causes an increase in such premiums, then Tenant shall pay as Additional Rent the amount of such increase to Landlord or such other tenants (as applicable).

Appears in 1 contract

Sources: Lease Agreement (Wallbox N.V.)

Premium Increase. If any increase in the fire and extended coverage insurance premiums paid by Landlord is caused by Tenant’s particular use and occupancy of the PremisesPremises (as opposed to the general use described in the Permitted Use), or if Tenant vacates the Premises and causes an increase in such premiums, then Tenant shall pay as Additional Rent the amount of such increase to Landlord or such other tenants (as applicable)Landlord.

Appears in 1 contract

Sources: Lease Agreement (Zynex Inc)