Landlord Insurance Requirements. Landlord shall, at all times during the term of this Lease, secure and maintain:
Landlord Insurance Requirements. Landlord shall be responsible for the following Insurance and Insurance costs:
Landlord Insurance Requirements. Landlord shall maintain in full force and effect at least the following:
Landlord Insurance Requirements. During the Term of this Lease, Landlord shall keep and maintain property insurance for the Project in such amounts, and with such coverages, and Landlord shall keep and maintain such other insurance, including without limitation rental loss insurance covering rents and other proceeds to be paid to Landlord hereunder for a period of up to one (1) year (and Landlord represents and warrants that it will carry such rental loss insurance in such amounts) as Landlord may reasonably determine or as any lienholder may require. Tenant acknowledges that it shall not be a named insured in such policies and that it has no right to receive any proceeds from any such insurance policies carried by Landlord. Notwithstanding any contrary provision herein, Landlord shall not be required to carry insurance covering the property described in Section 13.1.2 above (except for Tenant Improvements) or covering perils of flood, earthquake or terrorism.
Landlord Insurance Requirements. Landlord shall maintain (a) “all-risk” property insurance covering the Entire Property (at its full replacement cost), but excluding Tenant’s trade fixtures and personal property, and (b) commercial general public liability insurance covering Landlord for claims arising out of liability for bodily injury, death, personal injury, advertising injury and property damage occurring in and about the Entire Property and otherwise resulting from any acts and operations of Landlord, its agents and employees, in the amount of not less than One Million Dollars ($1,000,000.00) per occurrence and Five Million Dollars ($5,000,000.00) annual general aggregate, and (c) rent loss insurance, with limits that are required by any lender(s) of Landlord, including Lender, or as are otherwise reasonably determined by Landlord. Landlord shall deliver to Tenant promptly after the execution and delivery of this Lease, certificates of insurance reasonably satisfactory to Tenant, evidencing the insurance which is required to be maintained by Landlord hereunder, and Landlord shall, within thirty (30) days after the expiration of any such insurance, deliver additional certificates of insurance evidencing the renewal of such insurance. In addition, throughout the construction of the Improvements, Landlord will provide builder’s risk insurance relating to the construction of the Improvements in accordance with, and as specified in, the Work Letter.
Landlord Insurance Requirements. A. At all times during this agreement, Owner must maintain in effect:
Landlord Insurance Requirements. During the Initial Term, Landlord, at its sole cost and expense, shall maintain the All-Risk Insurance in full force and effect.
Landlord Insurance Requirements. Landlord shall insure the Building against damage with casualty and commercial general public liability insurance, all in such amounts and with such deductible as Landlord reasonably deems appropriate provided such coverages and amounts shall be consistent with insurance maintained by other landlords in similar office buildings in the Naperville, Illinois area. Such insurance shall include “All Risk” property insurance on the Project (exclusive of leasehold improvements) against damages or loss in an amount equal to the full replacement value. Notwithstanding any contribution by Tenant to the cost of insurance premiums, as provided hereinabove, Landlord shall not be required to carry insurance of any kind on Tenant’s Premises Property, and Tenant hereby agrees that Tenant shall have no right to receive any proceeds from any insurance policies carried by Landlord.
Landlord Insurance Requirements. Landlord shall insure the Building (including the Building Structure and Building Systems) and the Project during the Lease Term with an "All Risk" property insurance policy. Such coverage shall be in such amounts, from such companies, and on such other terms and conditions, as Landlord may from time to time reasonably determine, provided that to the extent consistent with the practices of landlords of the Comparable Buildings, such coverage shall (i) be for full replacement of the Building and the Project in compliance with all then existing Applicable Law; and (ii) be with companies and have policies meeting the criteria set forth in Section 10.4(iii) in this Lease. Additionally, at the sole and absolute option of Landlord, such insurance coverage may include the risks of earthquakes and/or flood damage and additional hazards, a rental loss endorsement and one or more loss payee endorsements in favor of the holders of any mortgages or deeds of trust encumbering the interest of Landlord in the Building or the ground or underlying lessors of the Building, or any portion thereof. In addition, Landlord shall maintain a Commercial General Liability Insurance policy covering the insured against claims of bodily injury and personal injury, for limits of liability not initially less than $5,000,000 each occurrence and $5,000,000 annual aggregate for each of bodily injury and personal injury. Notwithstanding the foregoing terms and conditions of this Section 10.7, the coverage and amounts of insurance carried by Landlord in connection with the Building shall be comparable to the coverage and amounts of insurance which are carried by reasonably prudent landlords of Comparable Buildings, and Worker's Compensation and Employee's Liability coverage as required by Applicable Law. Upon inquiry by Tenant, from time to time, Landlord shall inform Tenant of all such insurance carried by Landlord. Notwithstanding anything to the contrary set forth in this Section 10.7 or in Section 4.2.4 of this Lease, (1) the full cost of such earthquake or flood insurance shall be included as part of Operating Expenses during the first Expense Year, and (2) thereafter, in no event shall the cost of such earthquake or flood insurance included as Operating Expenses under this Lease exceed the "Earthquake/Flood Cap." For purposes of this Lease the "EARTHQUAKE/FLOOD CAP" shall mean the amount equal to the product of (A) one hundred ten percent (110%) of the amount such earthquake and/or floo...
Landlord Insurance Requirements. Landlord shall, at all times during the Lease Term, insure the Building and Common Areas for not less than eighty percent (80%) of their replacement value under fire and extended coverage insurance policies. Landlord shall maintain commercial liability insurance, with contractual liability coverage, with limits which are at least as much as are required to be carried by Tenant. ANYTHING IN THIS LEASE TO THE CONTRARY NOTWITHSTANDING, LANDLORD WAIVES ANY AND ALL RIGHTS OF RECOVERY, CLAIM, ACTION OR CAUSE OF ACTION, AGAINST TENANT, ITS AGENTS, OFFICERS AND EMPLOYEES, FOR ANY LOSS OR DAMAGE THAT MAY OCCUR TO THE BUILDING OR SHOPPING CENTER, OR ANY IMPROVEMENTS THERETO OR ANY PERSONALTY OR IMPROVEMENTS CONTAINED THEREIN, BY REASON OF FIRE, THE ELEMENTS, OR ANY OTHER CAUSE WHICH COULD BE INSURED AGAINST UNDER THE TERMS OF STANDARD FIRE AND EXTENDED COVERAGE INSURANCE POLICIES, REGARDLESS OF CAUSE OR ORIGIN, INCLUDING NEGLIGENCE OF THE TENANT, THEIR AGENTS, OFFICERS AND EMPLOYEES, BUT EXCLUDING ANY OF THE FOREGOING TO THE EXTENT SAME ARISE OUT OF THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF TENANT OR ITS AGENTS, OFFICERS OR EMPLOYEES.
