Common use of Increase in Coverage Clause in Contracts

Increase in Coverage. In the event Landlord or any Landlord's lessor or any mortgagee or trust deed beneficiary of Landlord reasonably deems it necessary to increase the amounts or limits of insurance required to be carried by Tenant hereunder, Landlord may reasonably increase such amounts or limits of insurance, and Tenant shall increase the amounts or limits of the insurance required to be carried by Tenant hereunder and shall provide Landlord and any parties designated by Landlord with policies or original certificates indicating the increased amounts or limits as provided in Section 8.3 hereof.

Appears in 1 contract

Sources: Shopping Center Retail Lease

Increase in Coverage. In the event Landlord or any Landlord's lessor or any mortgagee or trust deed beneficiary of Landlord reasonably deems Mortgagees deem it necessary to increase the amounts amounts, types, or limits of insurance required to be carried by Tenant hereunder, Landlord may reasonably request a commercially reasonable increase in such amounts amounts, types or limits of insurance, and Tenant shall so increase the amounts amounts, types or limits of the insurance required to be carried by Tenant hereunder and shall provide Landlord and any parties designated by Landlord with policies or original certificates indicating the increased amounts amounts, types or limits as provided in Section 8.3 9.4 hereof.

Appears in 1 contract

Sources: Multi Plex Theater Lease (Cinemastar Luxury Theaters Inc)