Common use of Insurance Policies Clause in Contracts

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 6 contracts

Samples: Standard Industrial Lease (Xoma Corp /De/), Image Entertainment Inc, Dental Medical Diagnostic Systems Inc

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Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 4 contracts

Samples: Lease Agreement (Avenue Group Inc), Alpha Technologies Group Inc, Alpha Technologies Group Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien line on the Premises, as set forth in the most current issue of "Best's Insurance Guide". ." The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 3 contracts

Samples: Butterfield & Butterfield Auctioneers Corp, Butterfield & Butterfield Auctioneers Corp, Butterfield & Butterfield Auctioneers Corp

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". ." The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 2 contracts

Samples: Services Agreement (99 Cents Only Store), Spectratek Technologies Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. 8 No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification on except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, Lessee which amount shall be payable by Lessee upon demand. Upon demand Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such Such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 2 contracts

Samples: Lease (Futon World Inc), Lease (Futon World Inc)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 88.3. No such policy shall be cancellable CANCELLABLE or subject to reduction of coverage or other modification except after thirty (30) days' days prior written notice to Lessor. If Lessee is the insuring party party, Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done do anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insuranceInsurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a Lessee's written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: CFP Holdings Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's ’s Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's ’s demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: The Lease Agreement (TUTOR PERINI Corp)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If , if Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Agreement (Natural Gas Vehicle Systems Inc)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating ratings as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof thereto to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, . Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Aviation Distributors Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, rated AAA or such other rating as may be required by a lender having a lien on the Premises, as set forth better in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8satisfactory to Lessor. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' 10 days prior written notice to Lessor. If Lessee is the insuring party party, Lessee shall, at least thirty (30) within 10 days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done dome anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Lease and Agreement (Authentic Specialty Foods Inc)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plusnot less than "A", or such other rating as may be required by a lender having a lien on the PremisesProperty, as set forth in the most current issue of "Best's Insurance Guide". ." The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8Section 4.04. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor Landlord with renewals or "binders" thereof, or Lessor Landlord may order such insurance and charge the cost thereof to LesseeTenant, which amount shall be payable by Lessee Tenant upon demand. Lessee Tenant shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3Section 4.04(c). If Lessee Tenant does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3Section 4.04(c), then Lessee Tenant shall forthwith upon LessorLandlord's demand reimburse Lessor Landlord for any additional premiums attributable to any act or omission or operation of Lessee Tenant causing such increase in the cost of insurance. If Lessor Landlord is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the PremisesProperty, Lessor Landlord shall deliver to Lessee Tenant a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Industrial Real Estate Lease (Newagecities Com Inc)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plusrated “A-XII” or better by A. M. Best Co., in Best’s Key guide. On or such other rating as may be required by a lender having a lien on prior to the PremisesCommencement Date, as set forth in the most current issue of "Best's Insurance Guide". The insuring party Lessee shall deliver to the other party Lessor copies of policies of such liability insurance or required under Section 8.1 or, at Lessor’s election, certificates evidencing the existence and amounts of such insurance with loss payable clauses and naming Lessor, Lessor’s property manager, any indemnified party under the Lease and such other parties as required by this paragraph 8Lessor may require, as additional insureds thereunder. No All such policy policies and certificates of insurance shall be cancellable on forms reasonably acceptable to Lessor and shall state explicitly that such insurance shall not be cancelable or subject to reduction of coverage or other modification except after thirty (30) upon at least 30 days' prior ’ advance written notice by the insurer to Lessor. If All deductible amounts in the insurance required to be carried by Lessee is the insuring party hereunder shall be subject to Lxxxxx’s reasonable approval. Lessee shall, at least thirty (30) days prior to the expiration of such policies, shall furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph Sections 8.2 or 8.3. If Lessee does Either party may provide any required insurance under a so-called blanket policy or permits to be done anything which shall increase policies covering other parties and locations and may maintain the cost of required coverage by a so-called umbrella policy or policies, so long as the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor required coverage is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computednot thereby diminished.

Appears in 1 contract

Samples: Work Letter Agreement (PLBY Group, Inc.)

Insurance Policies. Insurance required hereunder of Tenant under Section 8.01 shall be in written by companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth duly qualified to do business in the most current issue State of "Best's Insurance Guide"Wisconsin, acceptable to Landlord in its reasonably exercised discretion, and satisfactory in all respects to the holder of any mortgage against the Office Building. The insuring party Tenant shall deliver to the other party copies of such policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8satisfactory to Landlord. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty (30) days' days prior written notice to LessorLandlord. If Lessee is the insuring party Lessee shall, at At least thirty ten (3010) days prior to the expiration of such Tenant's policies, Tenant shall furnish Lessor Landlord with renewals or "binders" thereof, or Lessor Landlord may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demandTenant as Additional Rent. Lessee Tenant shall not do or permit anything to be done anything which shall will invalidate the insurance policies referred furnished by Tenant or Landlord pursuant to in Paragraph 8.3Sections 8.01 and 8.02. If Lessee Tenant does or permits anything to be done anything which shall increase the cost of the insurance policies referred furnished by Landlord, Tenant shall pay to in Paragraph 8.3Landlord, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring partyas Additional Rent, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such additional premiums. Landlord may from time to time require that the policy limits of any or all such insurance be increased to reflect the effects of inflation and changes in normal commercial insurance practices. If Tenant fails to comply with the requirements of this Section or Section 8.01, Landlord may obtain such insurance and maintain it in effect, and Tenant shall pay Landlord the premium cost increase and showing in reasonable detail the manner in which it has been computedany other costs or expenses incurred by Landlord as Additional Rent.

Appears in 1 contract

Samples: Sonic Foundry Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party party, Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" ' thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.8.5

Appears in 1 contract

Samples: Lithia Motors Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, A or such other rating as may be required by a lender having a lien on the Premises, better as set forth in the most current issue of "Best's ’s Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8satisfactory to Landlord. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification modifications except after thirty ten (3010) days' days prior written notice to LessorLandlord. If Lessee Tenant is the insuring party Lessee party, Tenant shall, at least thirty within ten (3010) days prior to the expiration of such policies, furnish Lessor Landlord with renewals or "binders" thereof, or Lessor Landlord may order such insurance and charge the cost thereof to LesseeTenant, which amount shall be payable by Lessee Tenant upon demand. Lessee Tenant shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph Section 8.3. If Lessee Tenant does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph Section 8.3, then Lessee Tenant shall forthwith upon Lessor's Landlord’s demand reimburse Lessor Landlord for any additional premiums attributable to any act or omission or operation of Lessee Tenant causing such increase in the cost of insurance. If Lessor Landlord is the insuring party, party and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor Landlord shall deliver to Lessee Tenant a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Emulex Corp /De/

Insurance Policies. Insurance required hereunder shall be with ------------------ companies (which may be part of an association of companies) admitted in companies the State in which the Premises are located and holding a "General Policyholders Rating" '' of at least B plusA and a financial rating of twelve (12) or better, or such other rating as may be required by a lender having a lien on the Premisespremises, as set forth in the most current issue of "Best's Insurance Guide". In lieu of separate policies, the Lessee may maintain blanket or umbrella policies if such policies provide the same coverage required herein with protection against each risk not reducible by claims for other risks to amounts less than that specified herein. The insuring party Lessee shall deliver to the other party copies of policies Lessor certificates of such insurance or required hereunder (evidencing that the insurance requirements hereof have been met) promptly upon Lessee's receipt of each renewal thereof. Promptly upon the execution of this Lease, Lessee shall deliver to Lessor certificates of insurance evidencing the existence and amounts of such insurance and the compliance of such insurance with loss payable clauses as required by this paragraph the requirements of Section 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' days prior written notice by the insurer to Lessor. If Lessee is the insuring party Lessee shall, at least thirty Thirty (30) days prior to the expiration of such policiespolicies and upon Lessor's request, Lessee shall furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.38. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall pay such additional premium or forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Sublease Agreement (Psinet Inc)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue issues of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Industrial Lease (Leiner Health Products Inc)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, rated AAA or such other rating as may be required by a lender having a lien on the Premises, as set forth better in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8satisfactory to Lessor. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' 10 days prior written notice to Lessor. If Lessee is the insuring party party, Lessee shall, at least thirty (30) within 10 days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Lease and Agreement (Authentic Specialty Foods Inc)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, d.3 then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Supershuttle International Inc

Insurance Policies. Insurance required hereunder The policies of insurance maintained by Landlord and Tenant pursuant to Paragraph 8.1 above shall each (a) include a cross liability endorsement providing that Landlord and Tenant, although insureds, may recover on account of the negligence of the other, and (b) provide that such insurance is not contributory with the coverage which the other party may carry and is primary insurance coverage and not excess insurance coverage or overage insurance coverage. The policies of insurance maintained by Landlord and Tenant pursuant to this Lease shall (1) provide that the insurer will give at least thirty (30) days' written notice of any cancellation, reduction in coverage, lapse or failure to renew, to the insured party or parties thereunder, and (2) be in companies holding obtained from an insurer with a "General Policyholders Rating" policy holder's rating of at least B plus, or such other A- and a financial rating as may be required by a lender having a lien on the Premises, as set forth of not less than VIII in the most current issue of "recently published Best's Insurance Guide". The insuring insurance required to be maintained by the parties hereunder is subject to increase upon reasonable request by the other party shall in accordance with customary industry practice for insurance maintained by comparable landlords or tenants of comparable projects or premises, as applicable, in the vicinity of the Project and Premises. Landlord and Tenant agree to deliver to the other party copies certificates of policies of such insurance or certificates evidencing the existence and amounts in force of the policies of insurance described in this Lease promptly following request therefor by the other party. Each of such certificates shall provide that such insurance with loss payable clauses as required by this paragraph 8. No such policy shall not be cancellable canceled, reduced in coverage, lapse or subject to reduction of coverage or other modification except after materially amended unless thirty (30) days' prior written notice to Lessor. If Lessee of such cancellation, reduction in coverage, lapse or amendment is the insuring party Lessee shall, at least thirty (30) days prior given to the expiration party designated on such certificate as the holder thereof. Any insurance required by this Paragraph 8 may be by satisfied by blanket, umbrella and/or excess liability insurance, covering additional items or locations or insureds, so long as the coverage afforded (including, without limitation, coverage as to additional insureds) will not be reduced or diminished by reason of the use of such policiesblanket, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost umbrella and/or excess liability policy of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Sport Chalet Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee Xxxxxx is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.36.3, then Lessee shall forthwith upon LessorXxxxxx's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Specialty Laboratories

Insurance Policies. Insurance required hereunder shall be in companies holding duly licensed to transact business in the state where the Premises are located, and maintaining during the policy term a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's ’s Insurance Guide". The insuring party shall deliver to the other party copies of policies of or such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3paragraph 8(c). If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3paragraph 8(c), then Lessee shall forthwith upon Lessor's ’s demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of the insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: TUTOR PERINI Corp

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If if Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.. 8.5

Appears in 1 contract

Samples: Industrial Lease (Newstar Media Inc)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plusA-, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Key Rating Guide". The insuring party Tenant shall deliver provide to the other party Landlord copies of policies of such insurance or certificates evidencing the existence and the amounts of such insurance with loss payable clauses as required by in paragraph 10.1 (and in paragraph 10.2 if Tenant is required to obtain and keep it in force) upon Tenant's execution of this paragraph 8Lease. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty (30) days' days prior written notice to LessorLandlord. If Lessee is the insuring party Lessee Tenant shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor Landlord and any mortgagee of Landlord named as an insured with renewals or "binders" thereofrenewal certificates, or Lessor may Landlord may, in such event, or in any other event when Tenant has failed to provide insurance coverage as required hereunder, at its option, order such insurance and charge the cost thereof to LesseeTenant, which amount shall be payable by Lessee Tenant upon demand. Lessee Tenant shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3this paragraph 10. If Lessee Tenant does or permits to be done anything which shall increase the cost costs of the insurance policies referred to in Paragraph 8.3paragraph 10.2, then Lessee Tenant shall forthwith upon LessorLandlord's demand reimburse Lessor Landlord for any additional premiums attributable to any act or omission or operation of Lessee Tenant causing such increase in the cost of insurance. If Lessor is the insuring party, Any insurance maintained by Tenant under this Lease shall be primary and if the non-contributory with any insurance policies coverage separately maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computedby Landlord.

Appears in 1 contract

Samples: Lease (National Information Group)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, Premises as set forth in the most current issue issues of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, lessee which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, 8.3 then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or of operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Microtel International Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, A or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed. See Addendum paragraph 57.

Appears in 1 contract

Samples: Valley National Corp /De/

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee Xxxxxx is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon LessorXxxxxx's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Kinetics Group Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, plus or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". ." The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' days prior written notice to Lessor. If Lessee is the insuring party party, Lessee shall, at least leas thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Temtex Industries Inc

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Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, “A” or such other rating as may be required by a lender having a lien on the Premises, better as set forth in the most current issue of "Best's ’s Insurance Guide"" and admitted to do business in the state of California. The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8satisfactory to Landlord. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification modifications except after thirty ten (3010) days' days prior written notice to LessorLandlord. If Lessee Tenant is the insuring party Lessee party, Tenant shall, at least thirty within ten (3010) days prior to the expiration of such policies, furnish Lessor Landlord with renewals or "binders" thereof, or Lessor Landlord may order such insurance and charge the cost thereof to LesseeTenant, which amount shall be payable by Lessee Tenant upon demand. Lessee Tenant shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph Section 8.3. If Lessee Tenant does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph Section 8.3, then Lessee Tenant shall forthwith upon Lessor's Landlord’s demand reimburse Lessor Landlord for any additional premiums attributable to any act or omission or operation of Lessee Tenant causing such increase in the cost of insurance. If Lessor Landlord is the insuring party, party and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor Landlord shall deliver to Lessee Tenant a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: GigOptix, Inc.

Insurance Policies. Insurance required hereunder shall be in companies holding a rated Al, AAA or better in "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Best Insurance Guide". The insuring party shall deliver prior to possession, to the other party party, copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8satisfactory to Landlord. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty ten (3010) days' days prior written notice to LessorLandlord. If Lessee Tenant is the insuring party Lessee party, Tenant shall, at least thirty within ten (3010) days prior to the expiration of such policies, furnish Lessor Landlord with renewals or "binders" thereof, or Lessor Landlord may order such insurance and charge the cost thereof to LesseeTenant, which amount shall be payable by Lessee Tenant upon demand. Lessee Tenant shall not do or permit to be done anything which that shall invalidate the insurance policies referred to in Paragraph Article 8.3. If Lessee does or permits to be done anything which Tenant shall increase the cost of the insurance policies referred to in Paragraph 8.3forthwith, then Lessee shall forthwith upon LessorLandlord's demand demand, reimburse Lessor Landlord for any additional premiums attributable to any act or omission or operation of Lessee Tenant causing such increase in the cost of insurance. If Lessor Landlord is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor Landlord shall deliver to Lessee Tenant a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Lease Agreement (Celebrate Express, Inc.)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, . Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Vantagemed Corp

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor or may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, . Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Truetime Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to LessorLessor and Lessee. If Lessee is the insuring party Lessee Lessor shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor Lessee with renewals or "binders" thereof, or Lessor Lessee may order such insurance and charge the cost thereof to Lessee, Lessor with interest at 15% per annum (which amounts Lessee may deduct against payments due under this Lease) which amount shall be payable by Lessee Lessor upon demanddemand except for Lessee's proportionate share as hereinafter provided. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed; and any increase caused by the acts, omissions, use or occupancy of another tenant or Lessor, shall not be paid for by Lessee.

Appears in 1 contract

Samples: Industrial Lease (J&j Snack Foods Corp)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, (A)VI or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance insuring policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Image Entertainment Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, rated AAA or such other rating as may be required by a lender having a lien on the Premises, as set forth better in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8satisfactory to Lessor. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' 10 days prior written notice to Lessor. If Lessee is the insuring party party, Lessee shall, at least thirty (30) within 10 days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or of omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: CFP Holdings Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "holdings “General Policyholders Rating" of at least B plus, plus or such other rating as may be required by a lender having a lien on the Premises, better as set forth in the most current issue of "Best's ’s Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8satisfactory to Lessor. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty ten (3010) days' days prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty within ten (3010) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's ’s demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Strasbaugh

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, plus or such other rating as may be required by a lender having a lien on the Premises, better as set forth in the most current issue of "Best's ’s Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8satisfactory to Lessor. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty ten (3010) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty within ten (3010) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's ’s demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Industrial Lease (Harvard Bioscience Inc)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, plus or such other rating as may be required by a lender having a lien on the Premises, better as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8satisfactory to Lessor. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty ten (3010) days' days prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty within ten (3010) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Alpha Technologies Group Inc

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B 8 plus, . or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party patty shall deliver to the other txx xxher party copies of policies of such insurance or of certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If It Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If 11 Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred retorted to in Paragraph 8.38,3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in In the cost of insurance. If Lessor is Is the insuring Insuring party, and if it the insurance policies maintained hereunder cover other improvements in addition to the PremisesPromises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase coal Increase and showing in reasonable detail the manner in In which it It has been computed.

Appears in 1 contract

Samples: Accord Advanced Technologies Inc

Insurance Policies. Insurance required hereunder of Tenant under Section 8.01 shall be written by companies duly qualified to do business in companies holding the State of Wisconsin, with a "General Policyholders Rating" general policyholder's rating of at least B plus, or such other "A" and a financial rating as may be required by a lender having a lien on the Premisesof at least Class XI, as set forth rated in the most current issue latest edition of "Best's Insurance Guide", and shall be satisfactory in all respects to Landlord and the holder of any mortgage against the BTC. The insuring party Tenant shall provide Landlord with copies of all such policies for Landlord's review prior to the Commencement Date. Tenant shall deliver to the other party Landlord copies of such policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8satisfactory to Landlord. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to LessorLandlord. If Lessee is the insuring party Lessee shall, at At least thirty (30) days prior to the expiration of such Tenant's policies, Tenant shall furnish Lessor Landlord with renewals or "binders" thereof, or Lessor Landlord may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demandTenant as additional rent. Lessee Tenant shall not do or permit anything to be done anything which shall will invalidate the insurance policies referred furnished by Tenant or Landlord pursuant to in Paragraph 8.3Sections 8.01 and 8.02. If Lessee Tenant does or permits anything to be done anything which shall increase the cost of the insurance policies referred furnished by Landlord, Tenant shall pay to in Paragraph 8.3Landlord, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any as additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring partyrent, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such additional premiums. Landlord may from time to time require that the policy limits of any or all such insurance be increased to reflect the effects of inflation and changes in normal commercial insurance practices. If Tenant fails to comply with the requirements of this Section or Section 8.01, Landlord may obtain such insurance and maintain it in effect, and Tenant shall pay Landlord the premium cost increase and showing in reasonable detail the manner in which it has been computedany other costs or expenses incurred by Landlord as additional rent.

Appears in 1 contract

Samples: Lease (Ophidian Pharmaceuticals Inc)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If insurance if Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Office Lease (Decrane Aircraft Holdings Inc)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance insurnace with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring insurance party Lessee lessee shall, at least lest thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or of Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.33, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Park Electrochemical Corp

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien line on the Premises, as set forth in the most current issue of "Best's Insurance Guide". ." The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the 3 existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Butterfield & Butterfield Auctioneers Corp

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, plus or such other rating as may be required by a lender having a lien on the Premises, better as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8satisfactory to Lessor. No such policy shall be cancellable cancelable or subject to reduction of coverage or other modification except after thirty ten (3010) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty within ten (3010) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Industrial Lease (Conceptus Inc)

Insurance Policies. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party party, copies of policies of or such insurance or certificates evidencing the existence and amounts of such insurance insurance, with loss payable clauses as required by this paragraph Paragraph 8. No such policy shall be cancellable or subject to reduction of coverage coverage, or other modification modification, except after thirty (30) days' days prior written notice to Lessor. If Lessee is the insuring party party, Lessee shall, shall at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do do, or permit to be done done, anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done done, anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand demand, reimburse Lessor for any additional premiums attributable to any act or omission or of operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements improvements, in addition to the Premises, Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed. Insurance required hereunder shall be with companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide".

Appears in 1 contract

Samples: Schein Pharmaceutical Inc

Insurance Policies. Insurance required hereunder shall be in companies Companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Premises, as set forth in the most current issue of "Best's Insurance Guide". The insuring party shall deliver to the other party copies of policies of such insurance or certificates evidencing the existence and amounts of such insurance with loss payable clauses as required by this paragraph 8. No such policy shall be cancellable or subject to reduction of coverage or other modification except after thirty (30) days' prior written notice to Lessor. If Lessee is the insuring party Lessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Lessor with renewals or "binders" thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee upon demand. Lessee shall not do or permit to be done anything which shall invalidate the insurance policies referred to in Paragraph 8.3. If Lessee does or permits to be done anything which shall increase the cost of the insurance policies referred to in Paragraph 8.3, then Lessee shall forthwith upon Lessor's demand reimburse Lessor for any additional premiums attributable to any act or omission or operation of Lessee causing such increase in the cost of insurance. If Lessor is the insuring party, and if the insurance policies maintained hereunder cover other improvements in addition to the Premises, . Lessor shall deliver to Lessee a written statement setting forth the amount of any such insurance cost increase and showing in reasonable detail the manner in which it has been computed.

Appears in 1 contract

Samples: Agreement (Valley Media Inc)

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