Common use of Special Coverages Clause in Contracts

Special Coverages. If the total cost of the work to be done is $500,000 or more, Tenant shall carry "Builder's All Risk" insurance covering the construction of the Tenant Improvements in an amount equal to the total of the hard and soft costs of such work, and such other insurance as Landlord may require, it being understood and agreed that the Tenant Improvements shall be insured by Landlord pursuant to the Lease, immediately upon completion thereof.

Appears in 1 contract

Samples: Seaport Center (Adverum Biotechnologies, Inc.)

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Special Coverages. If While the total cost of the work to be done is $500,000 or more, Tenant shall carry "Builder's ’s All Risk" insurance covering the construction of the Tenant Improvements in an amount equal to the total of the hard and soft costs of such work, and such other insurance as Landlord may require, it being understood and agreed that the Tenant Improvements shall be insured by Landlord Tenant pursuant to the Lease, as amended hereby, immediately upon completion thereof.

Appears in 1 contract

Samples: Lease (Audentes Therapeutics, Inc.)

Special Coverages. If While the total cost of the work to be done is $500,000 or more, Tenant shall carry "Builder's All Risk" insurance covering the construction of the Tenant Improvements in an amount equal to the total of the hard and soft costs of such work, and such other insurance as Landlord may require, it being understood and agreed that the Tenant Improvements shall be insured by Landlord Tenant pursuant to the Lease, as amended hereby, immediately upon completion thereof.

Appears in 1 contract

Samples: Lease (Solazyme Inc)

Special Coverages. If While the total cost of the work to be done is $500,000 100,000 or more, Tenant shall carry "Builder's ’s All Risk" insurance covering the construction of the Tenant Improvements in an amount equal to the total of the hard and soft costs of such work, and such other insurance as Landlord may require, it being understood and agreed that the Tenant Improvements shall be insured by Landlord Tenant pursuant to the Lease, this Lease immediately upon completion thereof.

Appears in 1 contract

Samples: Lease (Kalobios Pharmaceuticals Inc)

Special Coverages. If the total cost of the work to be done is $500,000 or more, Tenant shall carry "Builder's ’s All Risk" insurance covering the construction of the Tenant Improvements in an amount equal to the total of the hard and soft costs of such work, and such other insurance as Landlord may require, it being understood and agreed that the Tenant Improvements shall be insured by Landlord pursuant to the Lease, immediately upon completion thereof.

Appears in 1 contract

Samples: Lease (Oric Pharmaceuticals, Inc.)

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Special Coverages. If While the total cost of the work to be done is $500,000 100,000 or more, Tenant shall carry "Builder's All Risk" insurance covering the construction of the Tenant Improvements in an amount equal to the total of the hard and soft costs of such work, and such other insurance as Landlord may require, it being understood and agreed that the Tenant Improvements shall be insured by Landlord Tenant pursuant to the Lease, this Lease immediately upon completion thereof.

Appears in 1 contract

Samples: Lease (Portola Pharmaceuticals Inc)

Special Coverages. If While the total cost of the work to be done is $500,000 100,000 or more, Tenant shall carry "Builder's ’s All Risk" insurance covering the construction of the Tenant Improvements in an amount equal to the total of the hard and soft costs of such work, and such other insurance as Landlord may require, it being understood and agreed that the Tenant Improvements shall be insured by Landlord Tenant pursuant to the Lease, Lease immediately upon completion thereof.

Appears in 1 contract

Samples: Lease (Five Prime Therapeutics Inc)

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