Common use of INSURANCE BY LANDLORD Clause in Contracts

INSURANCE BY LANDLORD. Landlord shall, during the Lease Term, procure and keep in force die following insurance, the cost of which shall be deemed as Operating Expenses payable, by Tenant pursuant to Paragraph 6: (1) Property insurance insuring the building and improvements and rental value insurance for perils covered by the causes of loss-special form (all risk) and in addition coverage for flood, earthquake and boiler and machinery (if applicable). Such coverage (except for flood and earthquake) shall be written on a replacement cost basis equal to ninety percent (90%) of the full insurable replacement value of the foregoing and shall not cover Tenant's equipment, trade fixtures, inventory, fixtures or personal property located on or in the Leased Premises. (2) Commercial general liability insurance against any and all claims for bodily injury and property damage occurring in or about the Building or the Land. Such insurance shall have a combined single limit of not less than One Million Dollars ($1,000,000) per occurrence per location with a Two Million Dollar ($2,000,000) aggregate limit. (3) Such other insurance as Landlord deems necessary and prudent or required by Landlord's beneficiaries or mortgagees of any deed of trust or mortgage encumbering the Premises.

INSURANCE BY LANDLORD. Landlord shall, during the Lease Term, procure and keep in force die the following insurance, the cost of which shall be deemed as Operating Expenses Additional Rent payable, by Tenant pursuant to Paragraph 6: (1) Property insurance insuring the building and improvements and rental value insurance for perils covered by the causes of loss-special form (all risk) and in addition coverage for flood, earthquake and boiler and machinery (if applicable). Such coverage (except for flood and earthquake) shall be written on a replacement cost basis equal to ninety percent (90%) of the full insurable replacement value of the foregoing and shall not cover Tenant's equipment, trade fixtures, inventory, fixtures or personal property located on or in the Leased Premises. (2) Commercial general liability insurance against any and all claims for bodily injury and property damage occurring in or about the Building or the Land. Such insurance shall have a combined single limit of or not less than One Million Dollars ($1,000,000) per occurrence per location with a Two Million Dollar ($2,000,000) aggregate limit. (3) Such other insurance as Landlord deems necessary and prudent or required by Landlord's beneficiaries or mortgagees of any deed of trust or mortgage encumbering the Premises.

INSURANCE BY LANDLORD. Landlord shall, during the Lease Term, procure and keep in force die the following insurance, the cost of which shall be deemed as Additional Rent and payable as an Operating Expenses payable, by Tenant pursuant to Paragraph 6Expense: (1a) Property insurance insuring the building and improvements and rental value insurance for perils covered by the causes of loss-loss - special form (all risk) and in addition coverage for flood, earthquake and boiler and machinery (if applicable). Such coverage (except for flood and earthquake) shall be written on a replacement cost basis equal to ninety percent (90%) of the full insurable replacement value of the foregoing and shall not cover Tenant's ’s equipment, trade fixtures, inventory, fixtures or personal property located on or in the Leased Premises. (2b) Commercial general liability insurance against any and all claims for bodily injury and property damage occurring in or about the Building or the Land. Such insurance shall have a combined single limit of not less than One Million Dollars ($1,000,000) per occurrence per location with a Two Million Dollar ($2,000,000) aggregate limit. (3c) Such other insurance as Landlord deems necessary and prudent or required by Landlord's Xxxxxxxx’s beneficiaries or mortgagees of any deed of trust or mortgage encumbering the Premises.