Common use of Tenant’s Property Insurance Clause in Contracts

Tenant’s Property Insurance. Tenant, at its sole cost, shall either by separate policy or, at Landlord's option, by endorsement to a policy already carried, maintain insurance coverage on all of Tenant's personal property in, on, under, or about the Premises similar in coverage to that carried under Paragraph 7.2 hereof. Such insurance shall be full replacement cost coverage with a deductible of not to exceed Five Thousand Dollars and No Cents ($5,000.00) per occurrence. The proceeds from any such insurance shall be used by Tenant for the replacement of personal property.

Appears in 2 contracts

Samples: Lease (Pinnacle Entertainment Inc), Hollywood Park Operating Co

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Tenant’s Property Insurance. Tenant, at its sole cost, Tenant shall either by separate policy or, at Landlord's option, by endorsement to a policy already carried, maintain insurance coverage on all of Tenant's personal property inproperty, on, under, or about and Tenant alterations in the Premises similar in coverage to that carried under Paragraph 7.2 hereofPremises. Such insurance shall be full replacement cost coverage with a deductible of not to exceed Five Thousand Dollars and No Cents ($5,000.00) 1,000 per occurrence. The proceeds from any such insurance shall be used by Tenant for the replacement of personal propertyproperty or the restoration of Tenant alterations. Tenant shall provide Landlord with written evidence that such insurance is in force.

Appears in 2 contracts

Samples: Lease (Webex Communications Inc), Lease (Tangibledata Inc)

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Tenant’s Property Insurance. Tenant, at its sole cost, Tenant shall either by separate policy or, at Landlord's option, by endorsement to a policy already carried, maintain insurance --------------------------- coverage on all of Tenant's personal property inproperty, on, under, or about and Tenant alterations in the Premises similar in coverage to that carried under Paragraph 7.2 hereofPremises. Such insurance shall be full replacement cost coverage with a deductible of not to exceed Five Thousand Dollars and No Cents ($5,000.00) 25,000 per occurrence. The proceeds from any such insurance shall be used by Tenant for the replacement of personal propertyproperty or the restoration of Tenant alterations. Tenant shall provide Landlord with written evidence that such insurance is in force.

Appears in 1 contract

Samples: Disturbance and Attornment Agreement (Pac-West Telecomm Inc)

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