FIRE AND LIABILITY INSURANCE Sample Clauses
FIRE AND LIABILITY INSURANCE. This development is a phased building strata. The Buyer, at the time of conveyance, will need to arrange his or her own policy of insurance for contents and liability for all uses at his or her own expense.
FIRE AND LIABILITY INSURANCE. TENANT covenants and agrees to maintain and carry, at all times during the term of this Lease, in companies qualified and authorized to transact business in the State of Maryland, extended coverage in the amounts of $500,000.00 per person, $1,000,000.00 per occurrence and $100,000.00 for damage to property on the Premises. TENANT shall indemnify and hold harmless the LANDLORD and name LANDLORD as additional insured on policy regarding any and all liability, damage, expense, cause of action, or claims arising out of injury to persons or to property on the Premises, except for the negligence or willful misconduct of LANDLORD, its agents, employees, or servants. TENANT shall maintain at all times during the term of this Lease, in companies qualified and authorized to transact business in the State of Maryland, public liability insurance with limits in same coverage as above. TENANT shall furnish LANDLORD with satisfactory proof that the insurance herein provided for is at all times in full force and effect.