Lessee’s Insurance a. Lessee covenants to provide at Lessee's cost and expense on or before the earlier of (i) the Commencement Date, or (ii) Lessee's taking actual possession for the purpose of completing any improvement work, and to keep in full force and effect during the entire Term and so long thereafter as Lessee, or anyone claiming by, through or under Lessee, shall occupy the Premises, insurance coverage as follows:
Lessee’s Insurance a) The Lessee shall throughout the Term, at its own cost and expense, take out and keep in full force and effect the following insurance:
Lessee’s Insurance a. Lessee shall, at Lessee’s expense, obtain and keep in force during the Term a policy of commercial general liability insurance, including the broad form endorsement, insuring Lessor and Lessee against any liability arising out of the ownership, use, occupancy, maintenance, repair or improvement of the Premises and all areas appurtenant thereto. Such insurance shall provide single limit liability coverage of not less than Five Million Dollars ($5,000,000.00) per occurrence for bodily injury or death and property damage. Such insurance shall name Lessor and, at Lessor’s request, Lessor’s mortgagee, each as an additional insured, and shall provide that Lessor and any such mortgagee, although an additional insured, may recover for any loss suffered by Lessor or Lessor’s agents by reason of Lessee’s or Lessee’s Agent’s negligence. All such insurance shall be primary and non-contributing with respect to any insurance maintained by Lessor and shall specifically insure Lessee’s performance of the indemnity and hold harmless agreements contained in Article 14 above although Lessee’s obligations pursuant to Article 14 shall not be limited to the amount of any insurance required of or carried by Lessee under this Article 16 and Lessee is responsible for ensuring that the amount of liability insurance carried by Lessee is sufficient for Lessee’s purposes. Lessee may carry said insurance under a blanket policy provided that such policy conforms with the requirements specified in this Article and the coverage afforded Lessor is not diminished thereby.
Lessee’s Insurance. Lessee shall, during the entire term of the Lease, keep in full force and effect (i) a policy of commercial general liability insurance for bodily injury and property damage with respect to the Leased Premises and the business operated by Lessee and/or any subcontractors or suppliers doing business on the Leased Premises, (ii) full form hull and machinery on American Institute Time Hull Clauses and protection and indemnity insurance on SP-23 form or equivalent covering any vessels owned or chartered, time or bareboat, by Lessee and docked at or operating at the Leased Premises, (iii) automobile liability coverage, and (iv) workers’ compensation and employer’s liability insurance including Longshoremen’s and Harbor Workers’ Compensation coverage, borrowed servant, and voluntary compensation coverage. Lessee shall cause Lessor and the owner of the Leased Premises to be named as additional named insureds on the Lessee’s commercial general liability policy, hull and machinery, protection and indemnity, and automobile liability policies. The commercial general liability, protection and indemnity, and automobile liability polices shall have limits of liability of not less than Ten Million Dollars ($10,000,000.00) per occurrence, single limit coverage, whether primary limits or in combination with excess or umbrella coverage. Such policies shall be further endorsed to provide that they are primary insurance as respects such additional named insureds, regardless of any excess or other insurance clauses therein. Such policies shall further include contractual liability insurance covering Lessee’s indemnity obligations hereunder and pollution coverage. All policies, including the workers’ compensation and employer’s liability policies shall include a full waiver of subrogation in favor of such named additional assureds and provide that such named additional assureds shall not be liable for premiums. All deductibles and self insured retentions shall be in amounts satisfactory to Lessor and shall be for the sole account of Lessee. All such policies shall be occurrence as opposed to claims made policies and shall not contain annual or other aggregates. The insurers on all such policies shall be rated A or better by A.M. Best & Co. Lessee shall furnish Lessor prior to the Commencement Date with a certificate or certificates of insurance or other acceptable evidence that such insurance is in force at all times during the tenancy of this Lease. Lessee shall be given thirt...
Lessee’s Insurance. (a) Prior to the commencement of the Lessee’s Works (or any associated or incidental works on the Leased Premises), the Lessee must have:
Lessee’s Insurance. (1) Lessee covenants and represents, said representation being specifically designed to induce Lessor to execute this Lease, that during the entire Term hereof, at its sole cost and expense, Lessee shall obtain, maintain and keep in full force and effect the following insurance:
Lessee’s Insurance. Lessee shall, at its sole cost and expense, obtain and maintain throughout the Term of this Lease, on a full replacement cost basis, “special form” insurance covering all of Lessee’s Property located on or within the Premises, and Lessor shall have no interest in any proceeds of such policy. In addition, Lessee shall obtain and maintain, at its sole cost and expense, commercial general public liability insurance providing coverage from and against any loss or damage occasioned by an accident or casualty on, about or adjacent to the Premises, including protection against death, personal injury and property damage. Such liability coverage shall be written on an “occurrence” basis, with limits of not less than $2,000,000.00 combined single limit coverage. All policies of liability insurance required to be carried by Lessee hereunder shall name Lessor and its property manager, if any, as additional insureds. To the extent such coverage is available, each such policy shall provide that same shall not be cancelled or materially modified without at least thirty (30) days’ prior written notice to Lessor and any mortgagee of Lessor. The limits of such insurance shall not, under any circumstances, limit the liability of Lessee under this Lease. In the event that Lessee fails to maintain any of the insurance required of it pursuant to this provision, Lessor shall have the right (but not the obligation) at Lessor’s election, after five (5) business days written notice to Lessee, to pay Lessee’s premiums or to arrange substitute insurance with an insurance company of Lessor’s choosing, in which event any premiums advanced by Lessor shall constitute Additional Rent payable under this Lease and shall be payable by Lessee to Lessor immediately upon demand for same.
Lessee’s Insurance. The LESSEE shall obtain “replacement value” coverage and shall personally obtain insurance against fire, lighting, explosions, electrical damage, falling and/or strikes by aerial navigation devices, parts of aircraft and objects falling from them, impacts by terrestrial vehicles, hurricanes, storms, downpours, tornadoes, cyclones, hail, as well as snow masses on roofs, strikes, riots, popular movements, acts of vandalism and misconduct, sabotage, attacks, water damage, natural disasters, broken glass, loss of use, legal action by neighbors and third parties for clearing, demolition, removal, waste disposal, shoring equipment, scaffolding, made necessary to return the premises to a proper state, experts’ fees based on the scale of the Professional Union of Experts, and operating losses of its activity from an insurance company known to be solvent, in addition to the objects designated in Article 4 of this Lease (Designation), the arrangements it may have made to the leased premises, furniture, equipment, and merchandise. It shall also cover the Civil Liability risk based on its operations, and claims by neighbors and third parties. It shall pay off its premiums or installments and shall prove all of it upon the LESSOR’s first request by providing a certificate from its insurance company mentioning the taking out of a policy and payment of the premium. The LESSEE shall also take all measures so that fire prevention inside the Leased Premises complies with the conditions according to the regulations in effect and the rules applied by French insurance companies. These policies shall be maintained in effect for the entire duration of the Lease and any renewals. During the Lease period, it shall prove the validity of its contracts within five (5) Days upon the LESSOR’s request by means of certificates indicating payment of its premiums. The LESSEE shall immediately notify the LESSOR, in writing and no later than within two (2) business days, of any losses occurring in the Leased Premises, even if no apparent damage has occurred, subject to being personally liable to reimburse the LESSOR for the amount of the direct or indirect damages incurred by the LESSOR due to this loss, or in particular to be held liable to the LESSOR for failing to report said loss in a timely manner to the insurance company of the Leased Premises. If the Leased Premises are degraded following a robbery, unlawful entry, breaking glass, etc., the LESSEE shall return the Leased Premises in p...
Lessee’s Insurance. Without limiting Lessee’s indemnification of County, during the Term of this Lease Lessee shall provide and maintain the following insurance issued by companies authorized to transact business in the State of California by the Insurance Commissioner and having a “general policyholders rating” of at least A-VII (or such higher rating as may be required by an Encumbrance Holder) as set forth in the most current issue of “A.M. Best’s Key Rating Guide” or an equivalent rating from another industry-accepted rating agency.
Lessee’s Insurance. Boeing’s obligation to provide the training, services and Materials to Lessee is conditioned on the receipt by Boeing of evidence of compliance by Lessee with the insurance requirements set forth in Article 8.2 of the AGTA, prior to the provision of such training, services and Materials.
