Lessee’s Insurance a. Lessee covenants to provide at Lessee's cost and expense on or before the earlier of (i) the Commencement Date, or (ii) Lessee's taking actual possession for the purpose of completing any improvement work, and to keep in full force and effect during the entire Term and so long thereafter as Lessee, or anyone claiming by, through or under Lessee, shall occupy the Premises, insurance coverage as follows:
Lessee’s Insurance. Lessee shall at all times during the Term of the Lease and all renewals and extensions thereof, at Lessee’s sole cost and expense, insure and keep in effect on the Demised Premises the following insurance coverages: Commercial general liability insurance and property damage insurance written on an occurrence basis, naming Lessor and its agents, mortgagees and employees as additional insureds, under policies issued by insurers of recognized responsibility combined single limit with respect to each occurrence in the amount of Five Million Dollars ($5,000,000) (using any combination of primary and umbrella insurance; provided, however, that if an umbrella policy is used, Lessee must provide Lessor with evidence that such coverage is on a follow-form basis) for injury (or death) to persons and damage to property (including the loss of use thereof), occurring upon, in, or about the Demised Premises and for: products liability; liability relating to the sale or distribution of food and/or beverages in the Demised Premises (if such is a Permitted Use of the Demised Premises hereunder); punitive damages awarded by virtue of the conduct of Lessee (to the full extent insurable and reasonably available); and broad form contractual liability assumed under this Lease. To satisfy the liability insurance requirements of this Section, Lessee must obtain under a policy of commercial general liability insurance, an endorsement which applies the aggregate limits separately to the Demised Premises (ISO Endorsement CG-25-05-11-85, Amendment-Aggregate Limits of Insurance [per location] or an equivalent endorsement satisfactory to Lessor). All risk fire and extended coverage insurance on a repair and replacement basis at full insurable replacement cost and in form satisfactory to Lessor on all improvements to the Demised Premises, naming Lessor as the loss payee and naming Lessor, its mortgagees, agents and employees, the Managing Agent and its employees and such additional interested parties as Lessor may from time to time request be named as additional insureds. Lessee also agrees to carry such all risk insurance in form and amount satisfactory to Lessor on Lessee’s Work and Lessee’s trade fixtures, furnishings, wall covering, carpeting, equipment and all other items of personal property of Lessee located on or within the Demised Premises, including said property during the course of construction of any improvements to the Demised Premises including Lessee’s Work. Worker’s com...
Lessee’s Insurance a) The Lessee shall throughout the Term, at its own cost and expense, take out and keep in full force and effect the following insurance:
Lessee’s Insurance a. Lessee shall, at Lessee's expense, obtain and keep in force during the Term a policy of commercial general liability insurance, including the broad form endorsement, insuring Lessor and Lessee against any liability arising out of the ownership, use, occupancy, maintenance, repair or improvement of the Premises and all areas appurtenant thereto. Such insurance shall provide single limit liability coverage of not less than Three Million Dollars ($3,000,000.00) per occurrence for bodily injury or death and property damage. Such insurance shall name Lessor and, at Lessor's request, Lessor's mortgagee, each as an additional insured, and shall provide that Lessor and any such mortgagee, although an additional insured, may recover for any loss suffered by Lessor or Lessor's agents by reason of Lessee's or Lessee's Agent's negligence. All such insurance shall be primary and noncontributing with respect to any insurance maintained by Lessor and shall specifically insure Lessee's performance of the indemnity and hold harmless agreements contained in Article 14 above although Lessee's obligations pursuant to Article 14 shall not be limited to the amount of any insurance required of or carried by Lessee under this Article 16 and Lessee is responsible for ensuring that the amount of liability insurance carried by Lessee is sufficient for Lessee's purposes. Lessee may carry said insurance under a blanket policy provided that such policy conforms with the requirements specified in this Article and the coverage afforded Lessor is not diminished thereby.
Lessee’s Insurance. Lessee shall, at its sole cost and expense, obtain and maintain throughout the Term of this Lease, on a full replacement cost basis, “special form” insurance covering all of Lessee’s Property located on or within the Premises, and Lessor shall have no interest in any proceeds of such policy. In addition, Lessee shall obtain and maintain, at its sole cost and expense, commercial general public liability insurance providing coverage from and against any loss or damage occasioned by an accident or casualty on, about or adjacent to the Premises, including protection against death, personal injury and property damage. Such liability coverage shall be written on an “occurrence” basis, with limits of not less than $2,000,000.00 combined single limit coverage. All policies of liability insurance required to be carried by Lessee hereunder shall name Lessor and its property manager, if any, as additional insureds. To the extent such coverage is available, each such policy shall provide that same shall not be cancelled or materially modified without at least thirty (30) days’ prior written notice to Lessor and any mortgagee of Lessor. The limits of such insurance shall not, under any circumstances, limit the liability of Lessee under this Lease. In the event that Lessee fails to maintain any of the insurance required of it pursuant to this provision, Lessor shall have the right (but not the obligation) at Lessor’s election, after five (5) business days written notice to Lessee, to pay Lessee’s premiums or to arrange substitute insurance with an insurance company of Lessor’s choosing, in which event any premiums advanced by Lessor shall constitute Additional Rent payable under this Lease and shall be payable by Lessee to Lessor immediately upon demand for same.
Lessee’s Insurance. (a) Prior to the commencement of the Lessee’s Works (or any associated or incidental works on the Leased Premises), the Lessee must have:
Lessee’s Insurance. (1) Lessee covenants and represents, said representation being specifically designed to induce Lessor to execute this Lease, that during the entire Term hereof, at its sole cost and expense, Lessee shall obtain, maintain and keep in full force and effect the following insurance:
Lessee’s Insurance. Without limiting Lessee’s indemnification of County, during the Term of this Lease Lessee shall provide and maintain the following insurance issued by companies authorized to transact business in the State of California by the Insurance Commissioner and having a “general policyholders rating” of at least A-VII (or such higher rating as may be required by an Encumbrance Holder) as set forth in the most current issue of “A.M. Best’s Key Rating Guide” or an equivalent rating from another industry-accepted rating agency.
Lessee’s Insurance. Boeing’s obligation to provide the training, services and Materials to Lessee is conditioned on the receipt by Boeing of evidence of compliance by Lessee with the insurance requirements set forth in Article 8.2 of the AGTA, prior to the provision of such training, services and Materials.
Lessee’s Insurance. Lessee shall maintain commercial general liability insurance with coverage of at least _____ dollars ($______) per occurrence and _____ dollars ($______) annual aggregate.
