Common use of Landlord’s Liability Insurance Clause in Contracts

Landlord’s Liability Insurance. During the LEASE TERM, LANDLORD shall maintain in full force and effect, general public liability insurance, insuring against liability for injury or death to persons and loss of or damage to property occurring in, on or about the PREMISES, in an amount equal to not less than $3,000,000.00 per occurrence. Such insurance shall also provide contractual coverage of LANDLORD’s liability to TENANT under the indemnification provisions of this LEASE and shall name TENANT as an additional insured. Such insurance shall be with an insurance carrier having a Best rating of B+ or better. LANDLORD shall, upon TENANT’s request, provide TENANT with a certificate of insurance evidencing such coverage.

Appears in 11 contracts

Samples: Lease (99 Cents Only Stores), Lease (99 Cents Only Stores), Lease (99 Cents Only Stores)

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