Common use of Tenant’s Liability Insurance Clause in Contracts

Tenant’s Liability Insurance. Commencing with the date on which the Premises are delivered to Tenant and continuing thereafter throughout the Term, Tenant must purchase and maintain, at its sole expense, commercial general liability insurance, including bodily injury and property damage, insuring Tenant, in an amount not less than One Million Dollars ($1,000,000) annual aggregate limit, naming Landlord and Landlord’s lender, if any, as additional insureds with respect to third party claims for injury to persons or damage to property occurring on the Premises during Tenant’s use and occupancy of the Premises. A company that is licensed to do business in the State of Texas must issue all insurance policies. Tenant must deliver a certificate of all required insurance to Landlord upon Tenant taking possession of the Premises and thereafter before the expiration of any policy. Tenant agrees to have an endorsement, amendment or rider included in all insurance policies requiring that the insurance company give notice to Landlord that a policy or policies may be terminated or will expire thirty (30) days in advance of that event. Tenant agrees that Landlord is entitled to post any notice of non-liability reasonably required by its insurance carrier or mortgagee in a space approved by Tenant that complies with any ordinance or insurance policy approved by the State Board of Insurance, throughout the Term.

Appears in 1 contract

Samples: Lease Agreement

Tenant’s Liability Insurance. Commencing with TENANT must maintain during the date on which the Premises are delivered to Tenant and continuing thereafter throughout the Term, Tenant must purchase and maintain entire LEASE term, at its sole expense TENANT’S cost, commercial general an “owners, landlord and tenant’s liability” insurance policy, which shall insure TENANT and the LANDLORD (LANDLORD shall be listed as an additional insured on the policy) for liability insurance, including bodily injury and property damage, insuring Tenant, in an amount not less than One Million Dollars ($1,000,000) annual aggregate limit, naming Landlord and Landlord’s lender, if any, as additional insureds with respect to third party claims for injury persons with regard to injuries to persons or property damage arising on the premises or associated with its use. The policy shall be intended for the benefit of both parties of this LEASE. The amount of liability insurance available to TENANT and LANDLORD shall not be less than $1,000,000 per occurrence. The policy shall also include a minimum of $100,000 of coverage for fire damage to property occurring on the Premises leased premises, being the area within TENANT’S care, custody and control. If the general liability policy does not include the minimum $100,000 coverage, then TENANT must obtain a supplemental policy which shall also include the LANDLORD as an additional insured. Failure to maintain this insurance continuously during Tenant’s use and occupancy the LEASE term shall be a material breach of the Premises LEASE. A company that is licensed LANDLORD can require TENANT to do business in the State produce proof of Texas must issue all insurance policies at any time and from time to time. Tenant must deliver a certificate of all required insurance to Landlord upon Tenant taking possession of the Premises and thereafter before the expiration of any policy. Tenant agrees to have an endorsement, amendment or rider included in all insurance policies requiring that the insurance company give notice to Landlord that a policy or policies may be terminated or will expire thirty (30) days in advance of that event. Tenant agrees that Landlord is entitled to post any notice of non-liability reasonably required by its insurance carrier or mortgagee in a space approved by Tenant that complies with any ordinance or insurance policy approved by the State Board of Insurance, throughout the Term. TENANT’S PROPERTY:

Appears in 1 contract

Samples: static1.1.sqspcdn.com

Tenant’s Liability Insurance. Commencing with TENANT must maintain during the date on which the Premises are delivered to Tenant and continuing thereafter throughout the Term, Tenant must purchase and maintain entire Lease term, at its sole expense TENANT’S cost, commercial general an “owners, landlord and tenant’s liability” insurance policy which shall insure TENANT and the LANDLORD (LANDLORD shall be listed as an additional insured on the policy) for liability insurance, including bodily injury and property damage, insuring Tenant, in an amount not less than One Million Dollars ($1,000,000) annual aggregate limit, naming Landlord and Landlord’s lender, if any, as additional insureds with respect to third party claims for injury persons with regard to injuries to persons or property damage arising on the premises or associated with its use. The policy shall be intended for the benefit of both parties of this Lease. The amount of liability insurance available to TENANT and LANDLORD shall not be less than $1,000,000 per occurrence. The policy shall also include a minimum of $100,000 of coverage for fire damage to property occurring on the Premises leased premises, being the area within TENANT’S care, custody and control. If the general liability policy does not include this minimum $100,000 coverage, then TENANT must obtain a supplemental policy which shall also include the LANDLORD as an additional insured. Failure to maintain this insurance continuously during Tenant’s use and occupancy the Lease term shall be a material breach of the Premises Lease. A company that is licensed LANDLORD can require TENANT to do business in the State produce proof of Texas must issue all insurance policies. Tenant must deliver a certificate of all required insurance at any time and from time to Landlord upon Tenant taking possession of the Premises and thereafter before the expiration of any policy. Tenant agrees to have an endorsement, amendment or rider included in all insurance policies requiring that the insurance company give notice to Landlord that a policy or policies may be terminated or will expire thirty (30) days in advance of that event. Tenant agrees that Landlord is entitled to post any notice of non-liability reasonably required by its insurance carrier or mortgagee in a space approved by Tenant that complies with any ordinance or insurance policy approved by the State Board of Insurance, throughout the Term time.

Appears in 1 contract

Samples: static1.squarespace.com

Tenant’s Liability Insurance. Commencing with the date on which the Premises are delivered to Tenant and continuing thereafter throughout the Term, Tenant must purchase and maintain shall, at its sole expense, maintain for the mutual benefit of Landlord and Tenant, commercial general liability insurance, including bodily injury and property damage, insuring Tenant, in an amount not less than One Million Dollars ($1,000,000) annual aggregate limit, naming Landlord and Landlord’s lender, if any, as additional insureds with respect to third party damage insurance against claims for injury to persons bodily injury, death or property damage to property occurring on in or about the Premises during Tenant’s or arising out of the use and or occupancy of the Premises , with combined single limit coverage of not less than $2 million. A company that is licensed to do business in Such insurance shall include, so-called host liquor liability coverage from liability arising from the State consumption of Texas must issue all insurance policies alcoholic beverages consumed at the Premises. Tenant must deliver a certificate of all required insurance shall furnish to Landlord upon Tenant taking possession of landlord prior to the Premises Commencement Date, and thereafter before at least 30 days prior to the expiration date of any policy , certificates indicating that the liability insurance required of Tenant is in full force and effect, that Landlord has been named as an additional insured, and that no such policy will be canceled unless 30 days' prior written notice of cancellation has been given to Landlord. Tenant agrees to have Said policies shall provide that Landlord, as an additional insured, may recover for any covered loss suffered by Landlord by reason of Tenant's negligence, and shall include a broad form liability endorsement , amendment or rider included in all . All insurance policies requiring that obtained by Tenant pursuant to the insurance company give notice to Landlord that a policy or policies may requirement of this Lease shall be terminated or will expire thirty (30) days in advance of that event. Tenant agrees that Landlord is entitled to post any notice of non-liability reasonably required by its insurance carrier or mortgagee in a space approved by Tenant that complies with any ordinance or insurance policy approved by the State Board of Insurance, throughout the Term form and from a company reasonably satisfactory to Landlord.

Appears in 1 contract

Samples: Non Disturbance Agreement (Dynavax Technologies Corp)

Tenant’s Liability Insurance. Commencing with Tenant shall, during the date on which the Premises are delivered to Tenant and continuing thereafter throughout the Term, Tenant must purchase and maintain, at entire period of its sole expense, commercial general liability insurance, including bodily injury and property damage, insuring Tenant, in an amount not less than One Million Dollars ($1,000,000) annual aggregate limit, naming Landlord and Landlord’s lender, if any, as additional insureds with respect to third party claims for injury to persons or damage to property occurring on the Premises during Tenant’s use and occupancy of the Premises , including the entire Lease term and any occupancy of Tenant prior to the commencement of Tenant’s obligation to pay rent, keep in full force and effect or require its subtenant(s) to keep in full force and effect a public liability insurance policy with respect to the Premises and the business operated by Tenant or any of its subtenants, with a combined single limit of no less than Three Million ($3,000,000.00) Dollars, including independent contractor’s coverage. A company that is licensed In addition, Tenant or any of its subtenants shall pay when due to the North Dakota State worker’s compensation fund all amounts required by law to be paid. In the event North Dakota state law requires the procurement of worker’s compensation insurance or similar insurance, Tenant shall keep in full force and effect a policy affording full statutory coverage at the statutory limits. All insurance shall be in one or more responsible companies qualified to do business in North Dakota and approved by Landlord, and a copy of the State of Texas must issue all insurance policies. Tenant must deliver policy or a certificate of all insurance shall be delivered to Landlord. Not more frequently than once each five years if, in the good faith opinion of Landlord’s lender or Landlord’s insurance agent, the amount of public liability insurance required hereunder is not adequate, Tenant or any of its subtenants shall increase its insurance coverage to Landlord upon Tenant taking possession of the Premises and thereafter before the expiration of any policy. Tenant agrees to have an endorsement, amendment amount reasonably requested or rider included in all insurance policies requiring that the insurance company give notice to Landlord that a policy or policies may be terminated or will expire thirty (30) days in advance of that event. Tenant agrees that Landlord is entitled to post any notice of non-liability reasonably required by its insurance carrier or mortgagee in a space approved by Tenant that complies with any ordinance or insurance policy approved by the State Board of Insurance, throughout the Term Landlord.

Appears in 1 contract

Samples: Ground Lease (Alien Technology Corp)

Tenant’s Liability Insurance. Commencing with Tenant shall, during the date on which the Premises are delivered to Tenant and continuing thereafter throughout the Term, Tenant must purchase and maintain, at entire period of its sole expense, commercial general liability insurance, including bodily injury and property damage, insuring Tenant, in an amount not less than One Million Dollars ($1,000,000) annual aggregate limit, naming Landlord and Landlord’s lender, if any, as additional insureds with respect to third party claims for injury to persons or damage to property occurring on the Premises during Tenant’s use and occupancy of the Premises , including the entire lease term and any occupancy of Tenant prior to the commencement of Tenant's obligation to pay rent, keep in full force and effect, at its own cost, a policy of public liability insurance with respect to the Premises and the business operated by Tenant and any of its subtenants, with a combined single limit of no less than $2,000,000.00, including independent contractor's coverage and liquor liability coverage. A company that is licensed In addition, Tenant shall pay when due to the state worker's compensation fund all amounts required by law to be paid by Tenant, and in the event state law requires the procurement of worker's compensation insurance or similar insurance, Tenant shall keep in full force and effect a policy affording full statutory coverage at the statutory limits. All insurance shall be in one or more responsible companies qualified to do business in North Dakota and approved by Landlord, and a copy of the State of Texas must issue all insurance policies. Tenant must deliver policy or a certificate of all insurance shall be delivered to Landlord. Not more frequently than once each five years if, in the good faith opinion of Landlord's lender or Landlord's insurance agent, the amount of public liability insurance required hereunder is not adequate, Tenant shall increase its insurance coverage to Landlord upon Tenant taking possession of the Premises and thereafter before the expiration of any policy. Tenant agrees to have an endorsement, amendment amount reasonably requested or rider included in all insurance policies requiring that the insurance company give notice to Landlord that a policy or policies may be terminated or will expire thirty (30) days in advance of that event. Tenant agrees that Landlord is entitled to post any notice of non-liability reasonably required by its insurance carrier or mortgagee in a space approved by Tenant that complies with any ordinance or insurance policy approved by the State Board of Insurance, throughout the Term Landlord.

Appears in 1 contract

Samples: Ground Lease (Founders Food & Firkins LTD /Mn)