Common use of Responsibility of Tenant Clause in Contracts

Responsibility of Tenant. Tenant shall procure, pay for and maintain comprehensive public liability insurance and property damage insurance providing coverage from any loss or damage occasioned by an accident or casualty, arising from use of the Premises by Tenant, its employees, agents, guests and invitees in amounts not less than One Million Dollars ($1,000,000) for bodily injury and One Million Dollars ($1,000,000) for property damage. Certificates of such insurance naming Owner as an additional insured shall be delivered to Owner and shall provide that said coverage shall not be changed, modified, reduced or cancelled except upon thirty (30) days prior written notice to Owner.

Appears in 2 contracts

Samples: Lease Agreement (Nutraceutix Inc), Lease Agreement (Nutraceutix Inc)

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Responsibility of Tenant. Tenant shall procure, pay for and maintain comprehensive public liability insurance and property damage insurance providing coverage from any loss or damage occasioned by an accident or casualty, arising from use of the Premises by Tenant, its employees, agents, guests and invitees in amounts not less than One Million Dollars ($1,000,000) for bodily injury and One Million Dollars ($1,000,000) for property damage. , Certificates of such insurance naming Owner as an additional insured shall be delivered to Owner and shall provide that said coverage shall not be changed, modified, reduced or cancelled canceled except upon thirty (30) days prior written notice to Owner.

Appears in 1 contract

Samples: Lease Agreement (Nutraceutix Inc)

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Responsibility of Tenant. Tenant shall procure, pay for and maintain comprehensive public liability insurance and property damage insurance providing coverage from any loss or damage occasioned by an accident or casualty, arising from use of the Premises by Tenant, its employees, agents, guests and invitees in amounts not less than One Million Dollars ($1,000,000) for bodily injury Injury and One Million Dollars ($1,000,000) for property damage. Certificates of such insurance naming Owner as an additional insured shall be delivered to Owner and shall provide that said coverage shall not be changed, modified, reduced or cancelled except upon thirty (30) days prior written notice to Owner.

Appears in 1 contract

Samples: Lease Agreement (Nutraceutix Inc)

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