Common use of Additional Premium Clause in Contracts

Additional Premium. The Lessee will pay to the Lessor upon demand all additional premiums of insurance on the Building and on any property therein on account of extra risk caused by the use to which the Premises are put by the Lessee and the Lessee will comply promptly at the Lessee's expense with all the requirements of the insurer company in relation to the installation, cleaning and maintenance of exhaust systems (if any) and other fire prevention equipment installed or as required by the insurance company to be installed in the Premises due to the use of the Premises by the Lessee. Reputable Insurer:

Appears in 1 contract

Sources: Lease Agreement

Additional Premium. The Lessee will pay to the Lessor upon demand all additional premiums of insurance on the Building and on any property therein on account of extra risk caused by the use to which the Premises are put by the Lessee and the Lessee will comply promptly at the Lessee's expense with all the requirements of the insurer company in relation to the installation, cleaning and maintenance of exhaust systems (if any) and other fire prevention equipment installed or as required by the insurance company to be installed in the Premises due to the use of the Premises by the Lessee. Reputable Insurer:.

Appears in 1 contract

Sources: Lease Agreement (Banjo & Matilda, Inc.)