Common use of Public Liability and Workers' Compensation Insurance Clause in Contracts

Public Liability and Workers' Compensation Insurance. (a) During the Term the Lessee shall procure and carry, at the Lessee's sole cost and expense, commercial general liability insurance for claims for bodily injury or death sustained by persons or damage to property while on the Property and such other public liability coverages as are ordinarily procured by the Lessee or its Affiliates who own or operate similar properties. Such insurance shall be on terms and in amounts that are in accordance with normal industry practice. The policy shall be endorsed to name the Lessor, the Trust Company and the Lender as additional insured. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which the Lessor may have in force.

Appears in 6 contracts

Samples: Brookdale Living Communities Inc, Brookdale Living Communities Inc, Brookdale Living Communities Inc

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Public Liability and Workers' Compensation Insurance. (a) During the Term the Lessee shall procure and carry, at the Lessee's sole cost and expense, commercial general liability insurance for claims for bodily injury or death sustained by persons or damage to property while on the Property and such other public liability coverages as are ordinarily procured by the Lessee or its Affiliates who own or operate similar properties. Such insurance shall be on terms and in amounts that are in accordance with normal industry practice. The policy shall be endorsed to name the Lessor, the Trust Company and the Lender as additional insuredinsureds. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which the Lessor may have in force.

Appears in 3 contracts

Samples: Lease (Brookdale Living Communities Inc), Lease (Brookdale Living Communities Inc), Lease (Brookdale Living Communities Inc)

Public Liability and Workers' Compensation Insurance. (a) During the Term Lease Term, the Lessee shall procure and carry, at the Lessee's sole cost and expense, commercial general liability insurance for claims for bodily injury injuries or death sustained by persons or damage to property while on the Property and such other public liability coverages as are ordinarily procured by the Lessee or its Affiliates who own or operate similar properties. Such insurance shall be on terms and , in amounts that are in accordance all cases consistent with normal industry practicethe requirements established under Section 10.1(b) of the Participation Agreement. The policy shall be endorsed to name the Agent Lessor, the Trust Company Administrative Agent and the Lender Participants as additional insuredinsureds. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which the Lessor Agent Lessor, the Administrative Agent and the Participants may have in force.

Appears in 1 contract

Samples: Trust and Security Agreement (Alumax Inc)

Public Liability and Workers' Compensation Insurance. (a) During the Term the Term, Lessee shall procure and carry, at the Lessee's sole cost and expense, commercial general liability insurance for claims for bodily injury injuries or death sustained by persons or damage to property while on at the Property and such other public liability coverages as are ordinarily procured by the Lessee or its Affiliates who own or operate similar propertiesProject. Such insurance shall be on terms and in amounts that are no less favorable than insurance maintained by owners of similar properties, that are in accordance with normal industry practice. The policy shall be endorsed to name the Lessor, the Trust Company Company, the Owner Participants, the Agent, the Issuer and the Lender Lenders as additional insuredinsureds. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which Lessor, the Lessor Trust Company, the Agent, the Issuer or the Lenders may have in force. Lessee shall, in the operation of the Project, comply with the applicable workers' compensation laws and protect Lessor against any liability under such laws.

Appears in 1 contract

Samples: Lease (Farmland Industries Inc)

Public Liability and Workers' Compensation Insurance. (a) During the Term the Term, Lessee shall procure and carry, at the Lessee's sole cost and expense, commercial general liability insurance for claims for bodily injury injuries or death sustained by persons or damage to property while on the Property and such other public liability coverages as are ordinarily procured by the Lessee or its Affiliates who own or operate similar propertieseach Property. Such insurance shall be on terms and in amounts that are no less favorable than insurance maintained by owners of similar properties and that are in accordance with normal industry practice, provided that Lessee shall be permitted to self- insure such liability up to $1,000,000. The policy shall be endorsed to name the Lessor, the Trust Company Agent and the Lender Lenders as additional insuredinsureds. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which Lessor, the Lessor Agent or the Lenders may have in force. Lessee shall, in the operation of the Property, comply with the applicable workers' compensation laws and protect Lessor against any liability under such laws.

Appears in 1 contract

Samples: Lease (Paragon Health Network Inc)

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Public Liability and Workers' Compensation Insurance. (a) During the Term the Term, Lessee shall procure and carry, at the Lessee's sole cost and expense, commercial general liability insurance for claims for bodily injury injuries or death sustained by persons or damage to property while on the Property and such other public liability coverages as are ordinarily procured by the Lessee or its Affiliates who own or operate similar propertieseach Property. Such insurance shall be on terms and in amounts that are no less favorable than insurance maintained by owners of similar properties and that are in accordance with normal industry practice, provided that Lessee shall be permitted to self-insure such liability up to $1,000,000. The policy shall be endorsed to name the Lessor, the Trust Company Agent and the Lender Lenders as additional insuredinsureds. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which Lessor, the Lessor Agent or the Lenders may have in force. Lessee shall, in the operation of the Property, comply with the applicable workers' compensation laws and protect Lessor against any liability under such laws.

Appears in 1 contract

Samples: Lease (Living Centers of America Inc)

Public Liability and Workers' Compensation Insurance. (a) During the Term the Term, Lessee shall procure and carry, at the Lessee's sole cost and expense, commercial general liability insurance for claims for bodily injury injuries or death sustained by persons or damage with respect to property while on the Property and such other public liability coverages as are ordinarily procured by use or operation of the Lessee or its Affiliates who own or operate similar propertiesEquipment. Such insurance shall be on terms and in amounts that are no less favorable than insurance maintained by owners of similar equipment which are in Lessee's line of business, that are in accordance with normal industry practice. The policy shall be endorsed to name the Lessor, the Trust Company Company, the Investors, the Agent and the Lender Lenders as additional insuredinsureds. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which Lessor, the Lessor Trust Company, the Agent or the Lenders may have in force. Lessee shall, in the operation of the Equipment, comply with the applicable workers' compensation laws and protect Lessor against any liability under such laws.

Appears in 1 contract

Samples: Lease (Hanover Compression Inc)

Public Liability and Workers' Compensation Insurance. (a) During the Term the Term, Lessee shall procure and carry, at the Lessee's sole cost and expense, commercial general liability insurance for claims for bodily injury injuries or death sustained by persons or damage with respect to property while on the Property and such other public liability coverages as are ordinarily procured by use or operation of the Lessee or its Affiliates who own or operate similar propertiesEquipment. Such insurance shall be on terms and in amounts that are no less favorable than insurance maintained by owners of similar equipment which are in Lessee's line of business, that are in accordance with normal industry practice. The policy shall be endorsed to name the Lessor, the Trust Company Company, the Investor, the Agent and the Lender Lenders as additional insuredinsureds. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which Lessor, the Lessor Trust Company, the Agent or the Lenders may have in force. Lessee shall, in the operation of the Equipment, comply with the applicable workers' compensation laws and protect Lessor against any liability under such laws.

Appears in 1 contract

Samples: Credit Agreement (Hanover Compressor Co)

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