Insurance and Waiver of Subrogation. (a) Tenant further covenants and agrees that from and after the date of delivery of the Premises from Landlord to Tenant, Tenant will carry and maintain, at its sole cost and expense, the following types of insurance, in the amount specified and in the form hereinafter provided for:
(i) Liability Insurance in the Commercial General Liability form (or reasonable equivalent thereto) covering the Premises and Tenant's use thereof against claims for personal injury or death, property damage and product liability occurring upon, in or about the Premises, such insurance to be written on an occurrence basis (not a claims made basis), to be in combined single limits amounts not less than $1,000,000 and to have general aggregate limits of not less than $2,000,000 for each policy year. The insurance coverage required under this Section 22(a)(i) shall, in addition, extend to any liability of Tenant arising out of the indemnities provided for in Section 21 and, if necessary, the policy shall contain a contractual endorsement to that effect. The general aggregate limits under the Commercial General Liability insurance policy or policies must apply separately to the Premises and to Tenant's use thereof (and not to any other location or use of Tenant) and such policy shall contain an endorsement to that effect. The certificate of insurance evidencing the Commercial General Liability form of policy shall specify all endorsements required herein and shall specify on the face thereof that the limits of such policy applies separately to the Premises.
(ii) Insurance covering all of the items included in Tenant's leasehold improvement, heating, ventilating and air conditioning equipment maintained by Tenant, trade fixtures, merchandise and personal property from time to time in, on or upon the Premises, and alterations, additions, or changes made by Tenant pursuant to Section 12, in an amount not less than one hundred percent (100%) of their full replacement value from time to time during the Term, providing protection against perils included within the standard form of "all-risks" fire and casualty insurance policy, together with insurance against sprinkler damage, vandalism and malicious mischief. Any policy proceeds from such insurance shall be held in trust by Tenant's insurance company for the repair, construction and restoration or replacement of the property damage or destroyed unless this Lease shall cease and terminate under the provision of Section 28 of this Lease.
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Insurance and Waiver of Subrogation. 8.1 Subcontractor agrees to obtain and maintain during the term of this Subcontract Agreement, and for a period of thirty-six (36) months after completion of the Work, commercial general liability insurance, including coverage for ongoing operations and products-completed operations hazard. Contractor shall be named as an Additional Insured under the commercial general liability policy for both ongoing operations and products-completed operations hazard. Further, Subcontractor agrees to obtain and maintain automobile liability insurance for all owned, hired and non-owned vehicles, employers liability insurance, and workers compensation coverage in such amounts of coverage and limits as required by statutory law during the term of this Subcontract Agreement. All insurance policies must be underwritten by admitted insurers with an A.M. Best rating of A- or better. If a non-admitted insurer or self insurance fund underwrites any Subcontractor’s coverage, such insurers or funds must be approved by Contractor and the Agreement shall then be amended.
8.2 The required insurance coverage, limits and conditions shall be as follows:
Insurance and Waiver of Subrogation. Customer shall obtain, and maintain, insurance coverage to cover all losses, damage, or injury, related to or sustained by Customer in connection with the services provided by SCSS. For all losses, damage or injury above the limits set forth in Paragraph 4B, Customer shall look solely to its insurer for recovery of its loss and hereby waives any and all claims for such loss against SCSS. Customer agrees to obtain insurance permitting said waiver without invalidating coverage. Both parties do hereby for themselves and for other parties claiming under them, release and discharge each other from and against all claims arising from hazards covered by insurance, it being expressly agreed and understood that no insurance company or insurer will have any right of subrogation against either party.
Insurance and Waiver of Subrogation. 12.1 Each of Asset Manager and Owner agree that with respect to insurance which either of them may from time to time carry and which relates to liability for matters relating to the Assets or to this Agreement, each shall, if possible and economically practical, cause the other to be named as an additional insured under all such policies. With respect to any policies in which either is not named as an additional insured, each hereby waives any and all claims and rights to recovery against the other or against the officers, employees, agents and representatives of the other on account of loss or damage occasioned to such waiving party or its property or the property of others under its control to the extent that such loss or damage is insured under any insurance policies which either may have in force at the time of such loss or damage. If required by an insurer, each party shall, upon obtaining policies of insurance of the type enumerated above, give notice to the insurance carrier or carriers that the foregoing mutual waiver of subrogation is contained in this Agreement and each shall cause such insurance policy to provide that the insurance company waives all rights of recovery by way of subrogation against another party hereto in connection with any liability covered by such policy.
Insurance and Waiver of Subrogation. (a) Licensee shall secure and maintain for the Designated Boat complete marine insurance, including hull coverage, in an amount equal to value of the Designated Boat and its contents, and protection and indemnity and/or liability insurance of at least $300,000 combined limit. Licensee must also maintain pollution insurance under Licensee’s policy and the insurance coverage shall include endorsements for extended perils, damage by fire, vandalism, burglary and fuel/oil spill. The Licensor shall be named as an Additional Insured under said insurance coverage, and the Licensee's signature on this Agreement is a warranty and representation that said insurance coverage is in effect. Upon Licensor's request, Licensee shall provide to Licensor within ten (10) days a certificate of insurance and policy of insurance showing that the terms of this paragraph have been satisfied. Such certificate shall name Licensor as an additional insured and require not less than thirty (30) days written notice to Licensor of termination of coverage. In no event shall the limits of said insurance coverage be considered as limiting the liability of the Licensee under this Agreement.
(b) Licensee waives any right or Claim against the Licensor for damage sustained by Licensee which is covered under any insurance policy, and Licensee shall cause its insurance carriers to waive their respective rights of subrogation to same, and to so notify Licensee.
(c) In the event that the Licensee fails to obtain or maintain in full force and effect any insurance coverage required under this Agreement, the Licensor shall have the right to immediately terminate this Agreement, notwithstanding any provisions herein to the contrary. Notwithstanding the foregoing, the Licensee shall and does nevertheless indemnify, defend and hold Released Parties harmless from any loss or damage incurred or suffered by Released Parties from Licensee's failure to maintain such insurance.
Insurance and Waiver of Subrogation. Tenant shall at all times during the term of this Lease provide and maintain the following insurance, all at the Tenant’s own expense and subject to the terms and conditions set forth in this Section 10:
Insurance and Waiver of Subrogation. You agree to obtain insurance coverage to cover 100% of any losses incurred due to Your reliance on LABYRINTH's software or services. You shall look solely to your insurer for recovery of any loss and You hereby waive any and all claims for such loss against LABYRINTH and that Your insurance policy will contain a clause providing that such waiver would not invalidate the coverage.
Insurance and Waiver of Subrogation. A. Landlord shall maintain casualty insurance on the shell and core of the Building, Other Building, on the Premises (to the extent of the Building Standard Tenant Finish Work items therein) and the Building Complex, in such amounts, from such companies, and on such terms and conditions, including loss of rental insurance for a period of twelve (12) months, as Landlord deems appropriate, from time to time. Tenant understands that Landlord will not carry insurance of any kind on Tenant's furniture and furnishings or on any fixture or equipment removable by Tenant under the provisions of this Lease or any other improvements installed in the Premises by or for Tenant other than Building Standard, and that Landlord shall not be obligated to repair any damage thereto or replace the same.
B. Tenant shall obtain and maintain throughout the term of this Lease "all risk" or "multi-peril" form insurance on and for the full cost of replacement of all of Tenant's property and betterments in the Premises, including, without limitation, all furniture, fixtures, personal property and all tenant finish in excess of Building Standard Tenant Finish Work Items.
C. In addition to the above, Tenant shall obtain and maintain throughout the term of this Lease a commercial general liability policy, including protection against death, personal injury and property damage, issued by an insurance company qualified to do business in the State of Colorado, with a single limit of not less than One Million Dollars ($1,000,000.00).
D. All policies of insurance required to be carried by Tenant hereunder shall name Landlord as an additional insured. Each such policy shall provide that the same may not be cancelled or modified without at least twenty (20) days' prior written notice to Landlord and any Mortgagee (as defined herein). Tenant shall deliver, upon execution of this Lease, and from time to time as reasonably requested by Landlord thereafter, certificates evidencing that such insurance, as required under this paragraph, is in full force and effect. Failure to deliver said certificates of insurance shall be deemed an Event of Default. The limits of said insurance shall not, under any circumstances, limit the liability of Tenant hereunder.
E. Notwithstanding anything to the contrary contained herein Landlord and Tenant hereby mutually waive and release their respective rights of recovery against each other, and their officers, directors, members, agents and employees (but not against ...
Insurance and Waiver of Subrogation. A. Lessor shall maintain commercial general liability insurance and Workers’ Compensation insurance in accordance with Exhibit “B”.
X. Xxxxxx shall procure and maintain in full force and effect during the term of this Lease, fire and normal extended coverage insurance for one hundred percent (100%) of the full replacement cost of the Premises and County improvements. If the coverage is available and commercially appropriate, such policy or policies shall insure additional costs resulting from debris removal and reasonable amounts of coverage for the enforcement of any ordinance or law regulating the reconstruction or replacement of any undamaged sections of the Premises required to be demolished or removed by reason of the enforcement of any building, zoning, safety, or land use laws as the result of a covered cause of loss, but not including plate glass insurance. Said policy or policies shall contain agreed valuation provision in lieu of any coinsurance clause, waiver of subrogation, and inflation guard protection causing an increase in the annual property insurance coverage amount by a factor reflecting local cost changes for reconstruction of Premises. Both parties agree to waive any claim against the other for losses to the extent paid under said insurance and said insurance shall contain a waiver of subrogation. If Lessor's insurance covers more than one property, Lessor shall provide County with a letter from Xxxxxx's insurance broker/carrier setting forth the coverage of the Building. Lessor shall provide County with a Certificate of Insurance covering said insurance, which shall provide County with thirty (30) days’ advance written notice of cancellation, non-renewal or reduction in the amount of coverage, and mail said certificate to: Real Property Manager Alameda County General Services Agency 0000 Xxxxxxxx Xxxxx, 00xx Xxxxx Oakland, CA 94612
Insurance and Waiver of Subrogation. The Owner shall maintain property insurance upon the entire structure including all work to be performed pursuant to this Agreement to its full insurable value. This insurance shall inure against the perils of fire, theft, extended coverage, vandalism, and malicious mischief. The Owner and DASV waive all rights against each other for damages caused by insured perils whether or not such damage is caused by the fault or negligence of any party hereto.