Common use of Additional Insureds and Coverage Clause in Contracts

Additional Insureds and Coverage. The commercial general liability policy or policies that this Lease requires Tenant to maintain shall name Landlord, any property management company and/or agent of Landlord for the Property, any Mortgagee, and any joint venture partners of Landlord as additional insureds. In addition, such policies shall provide for severability of interest. All insurance this Lease requires Tenant to maintain shall, except for workers’ compensation and employer’s liability insurance, be primary, without right of contribution from any insurance maintained by Landlord, whose insurance shall be considered excess insurance only. Any umbrella liability policy or excess liability policy (which shall be in “following form”) shall provide that if the underlying aggregate is exhausted, the excess coverage will drop down as primary insurance. The limits of insurance maintained by Tenant shall not limit Tenant’s liability under this Lease. The insurance that this Lease requires Tenant to maintained shall cover any and all damage or injury arising from or related to Tenant’s operations of its business and/or any Tenant Party’s use of the Premises and/or any of the areas within the Property, whether such events occur within the Premises or in any other areas of the Property, so that such risks of loss shall be borne by Tenant’s insurance carriers, not Landlord’s.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (WuXi PharmaTech (Cayman) Inc.)

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Additional Insureds and Coverage. The commercial general liability policy or policies that this Lease requires Tenant to maintain Landlord shall name Landlord, any property management company and/or agent of Landlord for the Property, any Mortgagee, and any joint venture partners of Landlord be named as additional insuredsinsured under all of the policies required in Section 12.1(iii) above. In additionAdditionally, such policies shall provide for severability of interest. All insurance this Lease requires to be maintained by Tenant to maintain shall, except for workers’ compensation and employer’s liability insurance, be primary, without right of contribution from any insurance maintained by Landlord, whose insurance shall be considered excess insurance only. Any umbrella liability policy or umbrella/excess liability policy (which shall be in “following form”) shall provide that if the underlying aggregate is exhausted, the excess coverage will drop down as primary insurance. The limits of insurance maintained by Tenant shall not limit Tenant’s liability under this Lease. The It is the parties’ intention that the insurance that this Lease requires to be procured and maintained by Tenant to maintained as required herein shall cover provide coverage for any and all damage or injury arising from or related to Tenant’s operations of its business and/or any Tenant PartyTenant’s or Tenant’s Representatives’ use of the Premises and/or any Premises. It is not contemplated or anticipated by the parties that the aforementioned risks of the areas within the Propertyloss be borne by Landlord’s insurance carriers, whether such events occur within the Premises or in any other areas of the Property, so rather it is contemplated and anticipated by Landlord and Tenant that such risks of loss shall be borne by Tenant’s insurance carriers, not Landlord’scarriers pursuant to the insurance policies procured and maintained by Tenant as required herein.

Appears in 2 contracts

Samples: Lease Agreement (Renegy Holdings, Inc.), Lease Agreement (Catalytica Energy Systems Inc)

Additional Insureds and Coverage. The commercial general liability policy or policies that this Lease requires Tenant to maintain shall name Each of Landlord, any Landlord’s property management company and/or agent of Landlord for the Property, any Mortgageeor agent, and any joint venture partners of Landlord Landlord’s lender(s) having a lien against the Premises shall be named as additional insuredsinsureds or loss payees (as applicable) under all of the policies required in Section 12.1(ii) and, with respect to any Alterations, in Section 12.1(iv) hereof. In addition, All such policies shall provide for severability of interest. All insurance this Lease requires to be maintained by Tenant to maintain shall, except for workers’ compensation and employer’s liability insurance, be endorsed to state that it is primary, without right of contribution from any insurance maintained by Landlord, whose insurance and shall be considered in excess of coverage which Landlord may have and shall be unaffected by any insurance onlyor self-insurance Landlord may have regardless of whether any other insurance names Landlord as an insured or whether such insurance stands primary or secondary. Any umbrella liability policy or umbrella/excess liability policy (which shall be in “following form”) shall provide that if the underlying aggregate is exhausted, the excess coverage will drop down as primary insurance. The limits of insurance maintained by Tenant shall not limit Tenant’s liability under this Lease. The It is the parties’ intention that the insurance that this Lease requires to be procured and maintained by Tenant to maintained as required herein shall cover provide coverage for any and all damage or injury arising from or related to Tenant’s operations of its business and/or any Tenant PartyTenant’s or Tenant’s Responsible Parties’ use of the Premises and/or and any of the areas within the Property, whether such events occur within the Premises or in any other areas of the Property, so that such risks of loss shall be borne by Tenant’s insurance carriers, not Landlord’sPremises.

Appears in 1 contract

Samples: Lease Agreement (Ambarella Inc)

Additional Insureds and Coverage. The commercial general liability policy or policies that this Lease requires Tenant to maintain shall name Landlord, any property management company and/or agent of Landlord for the Property, any Mortgagee, Premises and any joint venture partners lender(s) of Landlord having a lien against the Premises shall be named as additional insuredsinsureds under all of the policies required in Section 13.1(iii) above. In additionAdditionally, such policies shall provide for severability of interest. All insurance this Lease requires to be maintained by Tenant to maintain shall, except for workers' compensation and employer’s 's liability insurance, be primary, without right of contribution from any insurance maintained by Landlord, whose insurance shall be considered excess insurance only. Any umbrella liability policy or umbrella/excess liability policy (which shall be in "following form") shall provide that if the underlying aggregate is exhausted, the excess coverage will drop down as primary insurance. The limits of insurance maintained by Tenant shall not limit Tenant’s 's liability under this Lease. The It is the parties' intention that the insurance that this Lease requires to be procured and maintained by Tenant to maintained as required herein shall cover provide coverage for any and all damage or injury arising from or related to Tenant’s 's operations of its business and/or any Tenant Party’s Tenant's or Tenant's Representatives' use of the Premises and/or any Premises. It is not contemplated or anticipated by the parties that the aforementioned risks of the areas within the Propertyloss be borne by Landlord's insurance carriers, whether such events occur within the Premises or in any other areas of the Property, so rather it is contemplated and anticipated by Landlord and Tenant that such risks of loss shall be borne by Tenant’s 's insurance carriers, not Landlord’scarriers pursuant to the insurance policies procured and maintained by Tenant as required herein.

Appears in 1 contract

Samples: Lease Agreement (Webvan Group Inc)

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Additional Insureds and Coverage. The commercial general liability policy or policies that this Lease requires Tenant to maintain shall name Landlord, any property management company and/or agent of Landlord for the Property, any MortgageePremises, and any joint venture partners lender(s) of Landlord having a lien against the Premises shall be named as additional insuredsinsureds under all of the policies required in SECTION 12.1 above (except items (i) and (ii). In additionAdditionally, such policies shall provide for severability of interest. All insurance this Lease requires to be maintained by Tenant to maintain shall, except for workers' compensation and employer’s 's liability insurance, be primary, without right of contribution from any insurance maintained by Landlord, whose insurance shall be considered excess insurance only. Any umbrella liability policy or umbrella/excess liability policy (which shall be in "following form") shall provide that if the underlying aggregate is exhausted, the excess coverage will drop down as primary insurance. The limits of insurance maintained by Tenant shall not limit Tenant’s 's liability under this Lease. The It is the parties' intention that the insurance that this Lease requires to be procured and maintained by Tenant to maintained as required herein shall cover provide coverage for any and all damage or injury arising from or related to Tenant’s 's operations of its business and/or any Tenant Party’s Tenant's or Tenant's Representatives' use of the Premises and/or any Premises. It is not contemplated or anticipated by the parties that the aforementioned risks of the areas within the Propertyloss be borne by Landlord's insurance carriers, whether such events occur within the Premises or in any other areas of the Property, so rather it is contemplated and anticipated by Landlord and Tenant that such risks of loss shall be borne by Tenant’s 's insurance carriers, not Landlord’scarriers pursuant to the insurance policies procured and maintained by Tenant as required herein.

Appears in 1 contract

Samples: Lease Agreement (New Ico Global Communications Holdings LTD)

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