During the Term. Landlord shall insure the Building (but excluding Non-Building Standard Leasehold Improvements and any other property which Tenant is obligated to insure under Section 15.01 hereof) against damage by fire and standard extended coverage perils in an amount equal to the full replacement cost thereof, and shall provide public liability insurance in such amounts and with such deductions as Landlord considers appropriate. Landlord may, but shall not be obligated to, take out and carry any other form or forms of insurance as it or Landlord's mortgagees may reasonably determine appropriate. Notwithstanding any contribution by Tenant to the cost of insurance premiums, as provided herein, Tenant acknowledges that it has no right to receive any proceeds from any insurance policies carried by Landlord. Landlord will not be required to carry insurance of any kind on any Non-Building Standard Leasehold Improvements, on Tenant's furniture or furnishings, or on any of Tenant's fixtures, equipment, improvements, or appurtenances under this Lease; and Landlord shall not be obligated to repair or replace same.
Appears in 4 contracts
Samples: Office Lease Agreement (Select Medical Corp), Office Lease Agreement (Select Medical Holdings Corp), Office Lease Agreement (Select Medical Corp)
During the Term. Landlord shall insure the Building (but excluding Non-Tenant Non Standard Building Standard Leasehold Improvements and any other property which Tenant is obligated to insure under Section 15.01 hereof) against damage by fire and standard extended coverage perils in an amount equal to the full replacement cost thereof, and shall provide public liability insurance in such amounts and with such deductions as Landlord considers appropriate. Landlord shall be named as an additional insured on Tenant’s public liability insurance, and Tenant shall deliver a certificate of such insurance to Landlord not later than 5 days prior to the date that Tenant takes possession of any part of the Premises. Landlord may, but shall not be obligated to, take out and carry any other form or forms of insurance as it or Landlord's ’s mortgagees may reasonably determine appropriate. Notwithstanding any contribution by Tenant to the cost of insurance premiums, as provided herein, Tenant acknowledges that it has no right to receive any proceeds from any insurance policies carried by Landlord. Landlord will not be required to carry insurance of any kind on any Non-Building Standard Leasehold Improvements, on Tenant's ’s furniture or furnishings, or on any of Tenant's ’s fixtures, equipment, improvements, or appurtenances under this Lease; and Landlord shall not be obligated to repair or replace same.
Appears in 3 contracts
Samples: Office Lease Agreement (Select Medical Corp), Office Lease Agreement (Select Medical Corp), Office Lease Agreement (Select Medical Corp)
During the Term. Landlord shall insure the Building (but excluding Non-Building Standard Leasehold Improvements and any other property which Tenant is obligated to insure under Section 15.01 Exhibit 10.74 hereof) against damage by fire and standard extended coverage perils in an amount equal to the full replacement cost thereof, and shall provide public liability insurance in such amounts and with such deductions as Landlord considers appropriate. Landlord may, but shall not be obligated to, take out and carry any other form or forms of insurance as it or Landlord's mortgagees may reasonably determine appropriate. Notwithstanding any contribution by Tenant to the cost of insurance premiums, as provided herein, Tenant acknowledges that it has no right to receive any proceeds from any insurance policies carried by Landlord. Landlord will not be required to carry insurance of any kind on any Non-Building Standard Leasehold Improvements, on Tenant's furniture or furnishings, or on any of Tenant's fixtures, equipment, improvements, or appurtenances under this Lease; and Landlord shall not be obligated to repair or replace same.
Appears in 1 contract
During the Term. Landlord shall insure the Building (but excluding Non-Tenant Non Standard Building Standard Leasehold Improvements and any other property which Tenant is obligated to insure under Section 15.01 hereof) against damage by fire and standard extended coverage perils in an amount equal to the full replacement cost thereof, and shall provide public liability insurance in such amounts and with such deductions as Landlord considers appropriate. Landlord shall be named as an additional insured on Tenant’s public liability insurance, and Tenant shall deliver a certificate of such insurance to Landlord not later than 5 days prior to the date that Tenant takes possession of any part of the Premises. Landlord may, but shall not be obligated to, take out and carry any other form or forms of insurance as it or Landlord's ’s mortgagees may reasonably determine appropriate. Notwithstanding any contribution by Tenant to the cost of insurance premiums, as provided herein, Tenant acknowledges that it has no right to receive any proceeds from any insurance policies carried by Landlord. Landlord will not be required to carry insurance of any kind on any Non-Building Standard Leasehold Improvements, on Tenant's ’s furniture or furnishings, or on any of Tenant's ’s fixtures, equipment, improvements, or appurtenances under this Lease; and Landlord shall not be obligated to repair or replace same.
Appears in 1 contract
Samples: Office Lease Agreement (Select Medical Holdings Corp)