Common use of Tenant’s Property Insurance Clause in Contracts

Tenant’s Property Insurance. Subject to the requirements of ¶16.e., Tenant at its cost shall either by separate policy or by endorsement to a policy already carried, maintain insurance coverage on all of Tenant’s personal property and Tenant’s leasehold improvements in, on or about the Premises similar in coverage to that carried by the Insuring Party under ¶16.c. Such insurance shall be full replacement cost coverage with a deductible of not to exceed $100,000 per occurrence. The proceeds from any such insurance shall be used by Tenant for the replacement of personal property or the restoration of Tenant owned leasehold improvements. Tenant shall be the Insuring Party with respect to the insurance required by this ¶16.d. and shall provide Landlord with written evidence that such insurance is in force.

Appears in 2 contracts

Samples: Lsi Logic Corp, Lsi Logic Corp

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Tenant’s Property Insurance. Subject to the requirements of ¶16.e.¶16.5, Tenant at its cost shall either by separate policy or by endorsement to a policy already carried, maintain insurance coverage on all of Tenant’s personal property and Tenant’s leasehold improvements Improvements in, on or about the Premises similar in coverage to that carried by the Insuring Party under ¶16.c¶16.3. Such insurance shall be full replacement cost coverage with a deductible of not to exceed $100,000 10,000 per occurrence. The proceeds from any such insurance shall be used by Tenant for the replacement of personal property or the restoration of Tenant owned leasehold improvements. Tenant shall be the Insuring Party with respect to the insurance required by this ¶16.d. ¶16.4 and shall provide Landlord with written evidence that such insurance is in force.

Appears in 2 contracts

Samples: 3PAR Inc., 3PAR Inc.

Tenant’s Property Insurance. Subject to the requirements of ¶16.e¶ 16.e., Tenant at its cost shall either by separate policy or by endorsement to a policy already carried, maintain insurance coverage on all of Tenant’s personal property and Tenant’s leasehold improvements in, on or about the Premises similar in coverage to that carried by the Insuring Party under ¶16.c. ¶ 16.C. Such insurance shall be full replacement cost coverage with a deductible of not to exceed $100,000 per occurrence. The proceeds from any such insurance shall be used by Tenant for the replacement of personal property or the restoration of Tenant owned leasehold improvements. Tenant shall be the Insuring Party with respect to the insurance required by this ¶16.d¶ 16.d. and shall provide Landlord with written evidence that such insurance is in force.

Appears in 1 contract

Samples: Lsi Logic Corp

Tenant’s Property Insurance. Subject to the requirements of ¶16.e., Tenant at its cost shall either by separate policy or by endorsement to a policy already carried, maintain insurance coverage on all of Tenant’s personal property and Tenant’s leasehold improvements in, on or about the Premises similar in coverage to that carried by the Insuring Party under ¶16.c. Such insurance shall be full replacement cost coverage with a deductible of not to exceed $100,000 10,000 per occurrence. The proceeds from any such insurance shall be used by Tenant for the replacement of personal property or the restoration of Tenant owned leasehold improvements. Tenant shall be the Insuring Party with respect to the insurance required by this ¶16.d. and shall provide Landlord with written evidence that such insurance is in force.

Appears in 1 contract

Samples: Pixelworks Inc

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Tenant’s Property Insurance. Subject to the requirements of ¶16.e., Tenant at its cost shall either by separate policy policy, or at Landlord’s option, by endorsement to a policy already carried, maintain insurance coverage on all of Tenant’s personal property and Tenant’s Tenant owned leasehold improvements in, on or about the Premises similar in coverage to that carried by the Insuring Party under ¶16.c. Such insurance shall be full replacement cost coverage with a deductible of not to exceed $100,000 10,000 per occurrence. The proceeds from any such insurance shall be used by Tenant for the replacement of personal property or the restoration of Tenant owned leasehold improvements. Tenant shall be the Insuring Party with respect to the insurance required by this ¶16.d. and shall provide Landlord with written evidence that such insurance is in force.

Appears in 1 contract

Samples: Lease (Docent Inc)

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