Common use of INCREASE IN RISK Clause in Contracts

INCREASE IN RISK. 6.1.1. Tenant shall not do or permit to be done any act or thing as a result of which either (a) any policy of insurance of any kind covering (i) any or all of the Property or (ii) any liability of Landlord in connection therewith, may become void or suspended, or (b) the insurance risk under any such policy would (in the opinion of the insurer thereunder) be made greater unless Tenant shall pay as Additional Rent the amount of any increase in any premium for such insurance resulting from any such increased risk.

Appears in 3 contracts

Samples: Agreement of Lease (Heilig Meyers Co), Agreement of Lease (Heilig Meyers Co), Agreement of Lease (Heilig Meyers Co)

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INCREASE IN RISK. 6.1.14.1.1. The Tenant shall not do or permit to be done any act or thing as a result of which either (a) any policy of insurance of any kind covering (i) any or all of the Property or (ii) any liability of the Landlord in connection therewith, therewith may become void or suspended, or (b) the insurance risk under any such policy would (in the opinion of the insurer thereunder) be made greater unless Tenant shall pay as Additional Rent the amount of any increase in any premium for such insurance resulting from any such increased risk.greater; and

Appears in 1 contract

Samples: Deed of Lease Agreement (Boron Lepore & Associates Inc)

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INCREASE IN RISK. 6.1.1. The Tenant shall not do or permit to be done any act or thing as a result of which either (a) any policy of insurance of any kind covering (i) any or all of the Property or (ii) any liability of the Landlord in connection therewith, therewith may become void or suspended, or (b) the insurance risk under any such policy would (in the opinion of the insurer thereunder) be made greater unless Tenant greater; and shall pay as Additional Rent the amount of any increase in any premium for such insurance resulting from any breach of such increased riskcovenant.

Appears in 1 contract

Samples: Lease Agreement (Integrated Information Systems Inc)

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