Common use of INDEMNITY AND LIABILITY INSURANCE Clause in Contracts

INDEMNITY AND LIABILITY INSURANCE. (Landlord). Landlord shall at all times indemnify, defend and hold Tenant harmless from all loss, liability, costs, damages and expenses that may occur or be claimed with respect to any person or persons, or property on or about the property or to the Common Areas resulting from any act done or omission by or through Landlord, its agents, employees, invitees or any person on the property. Landlord shall maintain, at all times during the Term, comprehensive general liability insurance in an insurance company licensed to do business in the state in which the Common Areas are located and satisfactory to Tenant, properly protecting and indemnifying Tenant with coverage of $1,000,000.00 for property damage.

Appears in 6 contracts

Samples: Commercial Lease Contract, Commercial Lease Contract, Commercial Lease Contract

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