Fidelity Bond or Crime Insurance. Employee Theft a. The bond or policy shall include coverage for all directors, officers, agents and employees of the Lessee. b. The bond or policy must include coverage for third party fidelity, i.e. property of the Lessor that is held by the Lessee in any capacity, or property for which the Lessee is legally liable. c. The bond or policy shall not contain a condition requiring an arrest and conviction.
Appears in 8 contracts
Samples: Food and Beverage Concessions Lease, Food and Beverage Concessions Lease, Rental Car Center Food, Beverage and Retail Concessions Lease
