Common use of THIRTIETH Clause in Contracts

THIRTIETH. Lessee shall obtain, at Lessee's sole expense, comprehensive public liability and property damage insurance in limits of not less than $300,000.00- $500,000.00. All insurance policies shall name Lessor as ADDITIONAL INSURED AND/OR LOSS PAYEE, and keep such insurance in force and effect throughout the Lease term. Lessee shall provide Lessor with certificates of insurance certifying that such insurance is in full force and effect within seven (7) days of the date of written demand and that the policies shall not be canceled or changed without at least fifteen (15) days prior written notice to the Lessor. If Lessee fails to abide by this provision and/or if Lessee's acts or omissions increase any hazard insurance premium, then Lessor, in Lessor's sole discretion, may purchase such insurance for the benefit of Lessee and/or pay any such increase in hazard insurance premium and such expense shall be deemed additional rent and be due with the next monthly rental payment.

THIRTIETH. Lessee shall obtain, at Lessee's sole expense, comprehensive public liability and property damage insurance in limits of not less than $300,000.00- 300,000.00 - $500,000.00. All insurance policies shall name Lessor as ADDITIONAL INSURED AND/OR LOSS PAYEE, and keep such insurance in force and effect throughout the Lease term. Lessee shall provide Lessor with certificates of insurance certifying that such insurance is in full force and effect within seven (7) days of the date of written demand and that the policies shall not be canceled or changed without at least fifteen (15) days prior written notice to the Lessor. If Lessee fails to abide by this provision and/or if Lessee's acts or omissions increase any hazard insurance premium, then Lessor, in Lessor's sole discretion, may purchase such insurance for the benefit of Lessee and/or pay any such increase in hazard insurance premium and such expense shall be deemed additional rent and be due with the next monthly rental payment.

THIRTIETH. Lessee shall obtain, at Lessee's sole expense, comprehensive public liability and property damage insurance in limits of not less than $300,000.00- 300,000.00 - $500,000.00. All insurance policies shall name Lessor as ADDITIONAL INSURED AND/OR LOSS PAYEE, and keep such insurance in force and effect throughout the Lease term. Lessee shall provide Lessor with certificates of insurance certifying that such insurance is in full force and effect within seven (7) days of the date of written demand and that the policies shall not be canceled or changed without at least fifteen (15) days prior written notice to the Lessor. If Lessee fails falls to abide by this provision and/or if Lessee's acts or omissions increase any hazard insurance premium, then Lessor, in Lessor's sole discretion, may purchase such insurance for the benefit of Lessee and/or pay any such increase in hazard insurance premium and such expense shall be deemed additional rent and be due with the next monthly rental payment.