Common use of Boilers Clause in Contracts

Boilers. If the Building shall contain a boiler or other pressure vessel, Landlord shall carry boiler and machinery insurance with a direct damage limit of not less than the full value of the Building. Such insurance shall be written on a “repair and replacement” (replacement cost) basis.

Appears in 2 contracts

Sources: Office Lease (Neustar Inc), Office Lease (Neustar Inc)

Boilers. If the Building shall contain a boiler or other pressure vessel, Landlord shall carry boiler and machinery insurance with a direct damage limit of not less than the full value of the Building. Such insurance shall be written on a "repair and replacement" (replacement cost) basis.

Appears in 1 contract

Sources: Office Lease (Neustar Inc)