Loss or Damage and Insurance Sample Clauses

Loss or Damage and Insurance. The Lessor shall not be liable for any damage to property in the premises or on or near the premises caused by gas, smoke, steam, electricity, ice, rain, or snow which may leak from any part of the improvements made by Lessee, except in the amount of any insurance proceeds available to the Lessor for such damage. The Lessor shall not be liable for any damage to persons or property sustained by the Lessee due to the improvements made by the Lessee or any part thereof being out of repair, or due to the happening of any accident in or about the building of which the premises are a part (the “Building”) or due to any negligence of any other lessee or occupant of the Premises, other than for damages due to the neglect or misconduct of the Lessor or its officers, employees, contractors, invitees, and agents. Lessee shall indemnify, hold harmless and defend Lessor from and against any and all claims, actions, damages, liability and expense, including, but not limited to, attorney’s and other professional fees, in connection with loss of life, personal injury and/or damage to property arising from or out of the occupancy or use by Lessee of the premises or any part thereof or any other part of the building, occasioned wholly or in part by any act or omission of Lessee, its officers, agents, contractors, employees or invitees. During the term of this Lease Agreement, Lessee will carry and maintain, at its expense (a) public liability insurance including, but not limited to, insurance against assumed or contractual liability under this Lease Agreement, with respect to the premises, to afford protection with limits, for each occurrence, of not less than Two Million Dollars ($2,000,000) with respect to personal injury and death, and One Million Dollars ($1,000,000), with respect to property damage and a deductible of not more than Fifty Thousand Dollars ($50,000); (b) all-risks property and casualty insurance, written at replacement cost value and with replacement cost endorsement, covering all of Lessee’s personal property in the premises (including, without limitation, inventory, trade fixtures, floor coverings, furniture and other property removable by Lessee under the provisions of this Lease Agreement) and all leasehold improvements installed in the premises by or on behalf of Lessee; and (c) if and to the extent required by law, Worker’s Compensation or similar insurance in form and amounts required by law. If Lessee shall fail to perform its obligations to main...
AutoNDA by SimpleDocs
Loss or Damage and Insurance. 13.1 Risk
Loss or Damage and Insurance. 8.1. You must insure the goods at all times against loss or damage to the goods caused by fire, theft or accident, up to the termination value of the goods and public liability for bodily injury or damage to property arising in connection with the relevant goods for no less than $5,000,000 or other amount agreed by us in writing. The insurances must be in a form and substance and with an insurer satisfactory to us and note our interests as owner of the goods. You must produce evidence of the insurance policies and payment of premiums whenever we ask for them.
Loss or Damage and Insurance. 6.1 TWN/MM are responsible for placing and maintaining insurance on the Lightning Sensor.
Loss or Damage and Insurance. 15.1 Risk of loss or damage 15.2 Liability and indemnity
Loss or Damage and Insurance. Artist and City shall establish an agreed upon value for Artwork to be exhibited in the Sculpture Walk for insurance purposes. The agreed upon value of the Artwork will be listed on Exhibit A of this Agreement. Artist may provide and maintain additional property and liability insurance for the Artwork during the term of the Agreement. City shall not be responsible for any damage to or loss of the Artwork caused by any third parties.
Loss or Damage and Insurance. The Lessor shall not be liable for any damage to property in the Leased Premises or in or near the building caused by gas, smoke, steam, electricity, ice, rain, or snow which may leak from any part of the building, or from pipes, appliances, or plumbing works. The Lessor shall not be liable for any damage to persons or property sustained by the building, or due to any negligence of any tenant or occupant of the building, or any other person, other than the Lessor or its agents. The Lessee agrees to indemnify and hold the Lessor harmless from all claims for personal injuries, death, and property damage which occur as the result of the operation of Lessee's business in and about the Leased Premises by Lessee or any contractor or workman selected by or for Lessee. Lessee shall carry a minimum $500,000 liability insurance policy covering Lessee's business operations on the Leased Premises and Lessor shall be named as an additional insured thereunder. Lessee shall also carry insurance for the full insurable value of Lessee's trade fixtures, furnishings, and all other items of personal property of Lessee located on or within the Leased Premises. All such insurance shall be obtained from a company approved by Lessor, and a certificate evidencing the issuance of such policy or policies, together with evidence of the payment of premiums, shall be delivered to Lessor before the commencement of the term of this Lease, or before any use, occupancy or possession of the Leased Premises. Not less than ten (10) days prior to the expiration of any such policy or policies, evidence of the renewal of such policy or policies, or a new certificate, together with evidence of the payment of premiums for the renewal period or new policy, as the case may be, shall be delivered to Lessor. All such insurance shall contain an agreement by the insurance company that the policy or policies will not be cancelled, or the coverage changed, without ten (10) days prior written notice to Lessor.
AutoNDA by SimpleDocs
Loss or Damage and Insurance. The Lessor shall not be liable for any damage to persons or property in the Premises or in or about the Building, whether caused by Acts of God, gas smoke, steam, electricity, wind, ice, rain, snow, water or otherwise. Lessor shall not be liable for any damage to persons or property sustained by Lessee or others howsoever arising whether due to the Premises or any part thereof being out of repair, or due to the happening of any accident in or about the Building, or due to any negligence of any tenant or occupant of the Building or any other person or otherwise. The Lessee shall indemnify the Lessor and hold it harmless from any and all claims, liability and loss, including attorneys fees and costs, for personal injuries or property damage sustained or claimed to have been sustained by any person or property in, upon or about the Premises whether arising from the Lessee’s conduct of business on the Premises, the negligence, misconduct or breach of any provision of this Lease by the Lessee, his agents, servants or employees, or any other person entering upon Leased Premises under express or implied invitation of the Lessee or otherwise. Lessee shall pay for and keep in force a liability insurance policy with a minimum $500,000 single limit in companies satisfactory to Lessor covering Lessee’s business operations on the Premises, naming Lessor as an additional insured thereunder and with a duplicate original thereof to be delivered to Lessor. In addition Lessee shall pay for and keep in force fire insurance with extended coverage insuring to their full insurable value all of Lessee’s personal property, fixtures and equipment, and copies of such insurance shall be delivered to Lessor.
Loss or Damage and Insurance. The Exhibitor shall be responsible for loss of or damage to the works from the time of shipment from JAC through the time of delivery back to JAC. The Exhibitor shall insure each work for the benefit of JAC for the full value listed on the Schedule. (If insurance of the works is not possible, this contract may be ammended so that the Exhibitor is liable for the full cost of the work if it is damaged, regardless of insurance.) This insurance shall be pursuant to a policy providing wall-to-wall all-risks coverage maintained in force by the Exhibitor. The Exhibitor shall provide a Certificate of Insurance for the works if JAC so requests.
Loss or Damage and Insurance. The Artist shall be responsible for the loss or damage to the works from the time of shipment from the Artist to the time of delivery back to the Artist. The Artist, if he/she wishes, shall be responsible for insuring the works listed. Neither the Sponsor nor the Space shall bear responsibility for damage or theft of artworks listed on the Schedule. Scope of Agency, Commissions, and Prices: The Artist appoints the Gallery to act as the exclusive agent of works listed for sale on the Schedule for the duration of the exhibition. The Gallery shall receive a commission of 30% of the retail price of each work sold. The Gallery shall sell works at the retail prices listed on the Schedule, which are set by the Artist and include any applicable state sales tax. The Artist is responsible for reporting/paying any sales tax to the state. Payments: The Gallery shall pay the artist proceeds due the Artist within thirty (30) days of the end of the exhibit.
Time is Money Join Law Insider Premium to draft better contracts faster.