Commercial Space. Tenant will require that all nonresidential tenants' liability insurance policies include Tenant and the City as additional insureds, as their respective interests may appear. Throughout the term of any lease of Commercial Space, Tenant will require commercial tenants to maintain insurance as follows: (a) to the extent the tenant has "employees" as defined in the California Labor Code, workers' compensation insurance with employer's liability limits not less than One Million Dollars ($1,000,000) each accident; (b) commercial general liability insurance, with limits not less than One Million Dollars ($1,000,000) each occurrence, combined single limit for bodily injury and property damage, including coverage for contractual liability; personal injury; advertisers' liability; including coverage for loss of income due to an insured peril for twelve (12) months; owners' and contractors' protective; broadform property damage; explosion, collapse and underground (XCU); products and completed operations coverage; (c) business automobile liability insurance, with limits not less than One Million Dollars ($1,000,000) each occurrence, combined single limit for bodily injury and property damage, including owned, hired and non-owned auto coverage, as applicable; (d) with respect to any tenant who has (or is required by Law to have) a liquor license and who is selling or distributing alcoholic beverages and/or food products on the leased premises, to maintain liquor and/or food products liability coverage with limits not less than One Million Dollars ($1,000,000), as appropriate; (e) special form coverage insurance, including vandalism and malicious mischief, in the amount of 100% of the full replacement cost thereof, covering all furnishings, fixtures, equipment, leasehold improvements, alterations and property of every kind of the tenant and of persons claiming through the tenant; and (f) full coverage plate glass insurance covering any plate glass on the commercial space.
Appears in 3 contracts
Samples: Lease and Property Management Agreement, Lease and Property Management Agreement, Lease and Property Management Agreement
Commercial Space. Tenant will Borrower must require that all nonresidential tenants' liability insurance policies include Tenant Borrower and the City OCII as additional insureds, as their respective interests may appear. Throughout the term of any lease of Commercial SpaceSpace in the Project, Tenant will Borrower must require commercial tenants to maintain insurance as follows:
(a) to the extent the tenant has "employees" as defined in the California Labor Code, workers' compensation insurance with employer's liability limits not less than One Million Dollars ($1,000,000) each accident;
(b) commercial general liability insurance, with limits not less than One Million Dollars ($1,000,000) each occurrence, combined single limit for bodily injury and property damage, including coverage for contractual liability; personal injury; advertisers' liability; including coverage for loss of income due to an insured peril for twelve (12) months; owners' and contractors' protective; broadform property damage; explosion, collapse and underground (XCU); products and completed operations coverage;
(c) business automobile liability insurance, with limits not less than One Million Dollars ($1,000,000) each occurrence, combined single limit for bodily injury and property damage, including owned, hired and non-owned auto coverage, as applicable;
(d) with respect to any tenant who has (or is required by Law to have) a liquor license and who is selling or distributing alcoholic beverages and/or food products on the leased premises, to maintain liquor and/or food products liability coverage with limits not less than One Million Dollars ($1,000,000), as appropriate;
(e) special form coverage insurance, including vandalism and malicious mischief, in the amount of 100% of the full replacement cost thereof, covering all furnishings, fixtures, equipment, leasehold improvements, alterations and property of every kind of the tenant and of persons claiming through the tenant; and
(f) full coverage plate glass insurance covering any plate glass on the commercial space.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Commercial Space. Tenant will Borrower must require that all nonresidential tenants' liability insurance policies include Tenant Borrower and the City as additional insureds, as their respective interests may appear. Throughout the term of any lease of Commercial SpaceSpace in the Project, Tenant will Borrower must require commercial tenants to maintain insurance as follows:
(a) to the extent the tenant has "employees" as defined in the California Labor Code, workers' compensation insurance with employer's liability limits not less than One Million Dollars ($1,000,000) each accident;
(b) commercial general liability insurance, with limits not less than One Million Dollars ($1,000,000) each occurrence, combined single limit for bodily injury and property damage, including coverage for contractual liability; personal injury; advertisers' liability; including coverage for loss of income due to an insured peril for twelve (12) months; owners' and contractors' protective; broadform property damage; explosion, collapse and underground (XCU); products and completed operations coverage;
(c) business automobile liability insurance, with limits not less than One Million Dollars ($1,000,000) each occurrence, combined single limit for bodily injury and property damage, including owned, hired and non-owned auto coverage, as applicable;
(d) with respect to any tenant who has (or is required by Law to have) a liquor license and who is selling or distributing alcoholic beverages and/or food products on the leased premises, to maintain liquor and/or food products liability coverage with limits not less than One Million Dollars ($1,000,000), as appropriate;
(e) special form coverage insurance, including vandalism and malicious mischief, in the amount of 100% of the full replacement cost thereof, covering all furnishings, fixtures, equipment, leasehold improvements, alterations and property of every kind of the tenant and of persons claiming through the tenant; and
(f) full coverage plate glass insurance covering any plate glass on the commercial space.
Appears in 2 contracts
Samples: Loan Agreement, Insurance Requirements
Commercial Space. Tenant will Borrower must require that all nonresidential tenants' ’ liability insurance policies include Tenant Borrower and the City OCII as additional insureds, as their respective interests may appear. Throughout the term of any lease of Commercial Spacespace in the Project, Tenant will Borrower must require commercial tenants to maintain insurance as follows:
(a) to the extent the tenant has "“employees" ” as defined in the California Labor Code, workers' ’ compensation insurance with employer's ’s liability limits not less than One Million Dollars ($1,000,000) each accident;
(b) commercial general liability insurance, with limits not less than One Million Dollars ($1,000,000) each occurrence, combined single limit for bodily injury and property damage, including coverage for the contractual liability; personal injury; advertisers' ’ liability; including coverage for loss of income due to an insured peril for of twelve (12) months; owners' ’ and contractors' ’ protective; broadform property damage; explosion, collapse and underground (XCU); products and completed operations coverage;
(c) business automobile liability insurance, with limits not less than One Million Dollars ($1,000,000) each occurrence, combined single limit for bodily injury and property damage, including owned, hired and non-owned auto coverage, as applicable;
(d) with respect to any tenant who has (or is required by Law to have) a liquor license and who is selling or distributing alcoholic beverages and/or food products on the leased premises, to maintain liquor and/or food products liability coverage with limits not less than One Million Dollars ($1,000,0001,000,00), as appropriate;
(e) special form coverage insurance, including vandalism and malicious mischief, in the amount of 100% of the full replacement cost thereof, covering all furnishings, fixtures, equipment, leasehold improvements, alterations and property of every kind of the tenant and of persons claiming through the tenant; and
(f) full coverage plate glass insurance covering any plate glass on the commercial space.
Appears in 1 contract
Samples: Loan Agreement