LESSEE LIABILITY INSURANCE. The LESSEE shall maintain insurance or self-insurance covering LESSEE’S contents and liability through the Risk Management Program established by 74 O.S. § 85.58 et seq. and administered by the Oklahoma Office of Management and Enterprise Services. Liability self-insurance shall correspond directly with 51 O.S. § 151, et seq. LESSEE shall provide LESSOR with proof of self-insurance upon request. Subject to and in accordance with the provisions of the Governmental Tort Claims Act, LESSEE shall be responsible for damages to the premises caused by LESSEE or LESSEE’S employees, invitees, representatives or agents.
LESSEE LIABILITY INSURANCE. Lessee has purchased and maintains a liability policy with a self-insured retention deductible of one million dollars ($1,000,000.00) with upper limits of thirty-five million dollars If Lessor requests, Lessor shall be named as additional insured, and a certificate or other evidence of such coverage shall be provided to Lessor to demonstrate compliance with this material requirement.
LESSEE LIABILITY INSURANCE. Lessee agrees to carry Commercial General liability insurance insuring both Lessee and Lessor, with insurance carriers satisfactory to Lessor, with not less than $2,000,000 single limit and providing a Certificate of Insurance evidencing the same with not less than a 30-day cancellation clause, provided, however, that Lessee's obligation to indemnify and hold harmless Lessor as provided in this paragraph shall be to the extent only of the degree of negligence attributable to Lessee, its officers, employees, agents, invitees, or guests. Such insurance certificate shall also include not less than $50,000 "Fire Damage" liability for damage to the Premises. In the alternative, Lessee may carry "Building Legal Liability Insurance Special Form" (insurance industry forms CP0040 and CP1030 or equivalent) against Lessee's liability (pursuant to paragraphs (14.1 and 25).
LESSEE LIABILITY INSURANCE. Throughout the Term, County shall maintain in full force and effect, at its sole expense, a general self-insurance program covering bodily injury (including death), personal injury, and property damage, including loss of use. County shall provide Lessor with a letter of self-insurance affirming the existence of the aforementioned self-insurance program, and shall name Lessor as an additional insured.
LESSEE LIABILITY INSURANCE. During the term of this Lease, Lessee shall maintain with an insurance company licensed to do business in the State of North Carolina, at Lessee’s sole cost and expense, comprehensive public liability insurance against all liability occasioned by, growing out of, or arising out of the use of the Premises by Lessee, such coverage to be maintained in an amount not less than One Million Dollars ($1,000,000) in respect to any one accident or occurrence and in an amount of not less than Five Hundred Thousand Dollars ($500,000) for property loss or damage. Lessor shall be named as a party insured on the policy and Lessee shall deliver to Lessor, prior to the inception date of such policy, and on or before each renewal date thereof, a Certificate or Certificates of Insurance evidencing said coverage to be in full force and effect. If such a provision is available, the insurance shall be noncancelable without fifteen (15) days prior written notice to Lessor.
LESSEE LIABILITY INSURANCE. LESSEE shall be solely responsible as between LESSOR and LESSEE for deaths or personal injuries to all persons whomsoever occurring on the leased premises from what ever cause arising and damage to property to whomsoever belonging arising out of the use, control, condition, or occupation of the leased premises by LESSEE; and LESSEE agrees to indemnify and save harmless LESSOR from any and all liability, reasonable expenses, damage, causes of action, suits, claims or judgments, caused by or in anyway growing out of any matters aforesaid, except for death, personal injuries or property damage directly resulting from a negligent act or acts on the part of LESSOR; and LESSEE will secure and carry at its own expense a public liability policy insuring it and LESSOR against any claims based on bodily injury (including death) arising out of the conditions of the leased premises or their use by LESSE such policy to insure LESSEE and LESSOR against any claim up to FIVE HUNDRED THOUSAND ($500,000) DOLLARS in the case of one person and up to ONE MILLION ($1,000,000) DOLLARS in the case of any one accident involving bodily injury (including death) to more then one person, and insuring LESSOR and LESSEE against any claims for damage to property up to an amount of FIVE HUNDRED THOUSAND ($500,000) DOLLARS. LESSEE will promptly file with LESSOR certificates showing that such insurance is in force, and thereafter within thirty (30) days prior to the exploration of any such policies. All such insurance certificates shall provide that such policies shall not be canceled without at least ten (10) days prior written notice to each assured name therein.
LESSEE LIABILITY INSURANCE. Lessee shall, at Lessee's expense obtain and keep in force during the term of this Lease a policy of Combined Single Limit, Bodily Injury and Property Damage insurance insuring Lessee against any liability arising out of the ownership, use, occupancy or maintenance of the Premises and all areas appurtenant thereto. Such insurance shall be combined single limit policy in an amount of not less than Five Hundred Thousand Dollars and 00/100 ($500,000.00). The policy shall insure performance by Lessee of the indemnity provisions of this Paragraph 7. The limits of said insurance shall not, however, limit the liability of Lessee hereunder. If Lessee shall fail to procure and maintain said insurance Lessor may, but shall not be required to, procure and maintain the same, but at the expense of Lessee. Not more frequently than each five (5) years, if, in the reasonable opinion of Lessor, the amount of liability insurance required hereunder is not adequate, Lessee shall increase said insurance coverage as required by Lessor, provided, however, that in no event shall the amount of the liability insurance increase by more than fifty percent (50%) greater than the amount thereof during the preceding five (5) years of the term of this Lease. However, the failure of Lessor to require any additional insurance coverage shall not be deemed to relieve Lessee from any obligations under the Lease.
LESSEE LIABILITY INSURANCE. The agency should maintain documentation of self-insurance on file at all times. Lessors may require proof the agency’s contents are insured. OMES Risk Management can provide agencies with documentation of self-insurance. If you have any questions, call your Risk Management representative.
LESSEE LIABILITY INSURANCE. Lessee agrees to carry commercial general liability insurance insuring both Lessee and Lessor, with insurance carriers satisfactory to Lessor, with not less than Two Million Dollars ($2,000,000) single limit coverage and to provide to Lessor a certificate of insurance evidencing the same with not less than a thirty (30) day cancellation clause. Such insurance certificate shall also include not less than Twenty-Five Thousand Dollars ($25,000.00) "Fire Damage" liability for damage to the Premises. In the alternative, Lessee may carry "Building Legal Liability Insurance Special Form" (insurance industry forms CP0040 and CP1030 or equivalent) against Lessee's liability. Lessor may require increased liability limits if, in its reasonable judgment, they are justified.
