Chester County Uses in Liability Insurance Clause

Liability Insurance from Lease Agreement

Liability Insurance. The Tenant, at Tenants own cost and expense, will obtain or provide raid keep in full force for the benefit of the Landlord, during the term hereof, general public liability insurance, insuring the Landlord against any and all liability or claims of liability arising out of, occasioned by or resulting from any accident or otherwise in ox about the Premises for injuries to any persons, for limits of not less than $1,000,000 per occurrence and $2,000,000 annual aggregate for property damage, $1,000,000 per occurrence and $2,000,000 annual aggregate for personal injury. The insurance policies will be with companies authorized to do business in Pennsylvania and appropriate certificates of insurance will be delivered to the Landlord not less than fifteen (15) days prior to the expiration or termination date of any policy. The Tenant will name the Landlord and any mortgagee of Landlord designated in writing by Landlord as additional insured(s). The Landlord shall obtain and maintain throughout the term, fire and extended coverage insurance on the Building in an amount at least equal to the replacement cost thereof, together with general public liability insurance with regard to liability or claims of liability arising out of occurrences in any common areas in the Building of the grounds adjacent to the Building in amounts reasonable for first class office buildings in Chester County, PA.

Liability Insurance from Lease Agreement

Liability Insurance. The Tenant, at Tenants own cost and expense, will obtain or provide raid keep in full force for the benefit of the Landlord, during the term hereof, general public liability insurance, insuring the Landlord against any and all liability or claims of liability arising out of, occasioned by or resulting from any accident or otherwise in ox about the Premises for injuries to any persons, for limits of not less than $1,000,000 per occurrence and $2,000,000 annual aggregate for property damage, $1,000,000 per occurrence and $2,000,000 annual aggregate for personal injury. The insurance policies will be with companies authorized to do business in Pennsylvania and appropriate certificates of insurance will be delivered to the Landlord not less than fifteen (15) days prior to the expiration or termination date of any policy. The Tenant will name the Landlord and any mortgagee of Landlord designated in writing by Landlord as additional insured(s). The Landlord shall obtain and maintain throughout the term, fire and extended coverage insurance on the Building in an amount at least equal to the replacement cost thereof, together with general public liability insurance with regard to liability or claims of liability arising out of occurrences in any common areas in the Building of the grounds adjacent to the Building in amounts reasonable for first class office buildings in Chester County, PA.