Insurance by Lessee. The Lessee covenants and agrees, at its sole cost and expense, to maintain in full force a policy of insurance on the interior of the Demised Premises and upon its personal property, fixtures, equipment and merchandise therein, providing insurance protection against risks of direct physical loss, specifically including protection against damage or destruction by fire and other casualties, excluding flood and earthquake and vandalism insurance (formerly known as All Risk Insurance). Further, Lessor covenants and agrees that it will require all other tenants of Building II to carry, at a minimum, the insurance coverage specified herein. Lessor shall provide evidence of said insurance coverage to Lessee from any and all other tenants of Building III.
Insurance by Lessee. (a) LESSEE shall keep in full force and effect a policy of public liability and property damage insurance with respect to the PREMISES and the business operated by LESSEE therein in which the limits of public liability coverage shall be not less than $2,000,000 per occurrence for personal injury liability and $100,000 per occurrence for property damage liability. If LESSEE'S insurance carrier provides a combined single limit for both personal injury and property damage, then the limit shall not be less than $2,000,000 per occurrence. Such policy shall include LESSOR as an additional insured and shall contain a clause that the insurer will not cancel or change the insurance without first giving LESSOR ten (10) days prior written notice. The foregoing dollar limits shall be reviewed and revised periodically so as to provide adequate insurance in accordance with good Strip Center practice.
Insurance by Lessee. Subject to Section 13.1(b), Lessee shall, at all times during the term of this Lease maintain insurance coverage on the Leased Property and the business conducted therein substantially similar to that maintained for similar hotels or as required by the Management Agreement (if any). Lessor shall be responsible for the cost and expense of premiums for the insurance in clause (ii) of the definition of "Lessor Tax, Insurance and Cap Ex Obligations." Lessee shall be responsible for the cost and expense of premiums for all other insurance required to be maintained by this Lease. Such insurance, as of the date hereof, shall include:
Insurance by Lessee. The Lessee may insure and keep insured in such adequate amounts to cover replacements or loss and with reputable insurance companies the following:
Insurance by Lessee. Lessee covenants and agrees, at its sole cost and expense, to maintain a policy of insurance on the interior of the Demised Premises and upon its personal property, fixtures, equipment and merchandise therein, providing insurance protection against risks of direct physical loss, specifically including protection against damage or destruction by fire, flood and other casualties, excluding earthquake, and vandalism insurance.
Insurance by Lessee. Lessee, at Lessee's own cost and expense, shall carry at all times during the term of this Lease and any renewals and extensions hereof (a) a special perils insurance policy covering loss and damage to the Building (specifically excluding flood coverage and earthquake coverage), naming Lessor and Lessor's mortgagee(s) as additional insureds, as their interests may appear, and in the amount of at least the full replacement cost of the Building, with a deductible not to exceed $15,000.00, and (b) a policy of commercial general liability insurance in reference to the Premises naming Lessor and Lessor's mortgagee(s) as additional insureds and protecting and indemnifying Lessee, Lessor, Lessor's mortgagee(s) and their assigns against any and all claims for injury and/or damage to persons or property or for the loss of life or of property in an amount of not less than $5,000,000 in respect to bodily injury or death to any one person and not less than $5,000,000 in respect to any one occurrence or accident and not less than $1,000,000 for property damage, and (c) rent loss insurance naming Lessor and Lessor's mortgagee(s) as additional insureds, as their interests may appear, in an amount sufficient to cover one year's rent, including all additional rent, due under this Lease. Prior to the earlier of (i) Lessee's entry onto the Premises or (ii) the Commencement Date, Lessee shall furnish Lessor with a certificate issued by the insurer evidencing the aforesaid coverages.
Insurance by Lessee. Throughout the Term, Lessee shall, at its sole cost and expense, obtain and keep in full force and effect, workers' compensation and public liability insurance to protect against any liability for personal injury or property damage to the public, incident to Lessee's use of or resulting from any accident occurring on or about the Premises. The liability under such insurance policies is to be not less than One Million Dollars ($1,000,000.00) for any one person injured and One Million Dollars ($1,000,000.00) for property damage.
Insurance by Lessee. DRAFT 363
Insurance by Lessee. 9.01 (a) LESSEE shall, during the entire TERM of this LEASE and at LESSEE’s own cost and expense, keep in full force and effect the following liability insurance policies:
Insurance by Lessee. (a) During the Lease Term, Lessee shall fully and completely insure all of its personal property located in the Premises against damage by fire, extended coverage, vandalism, water damage, and sprinkler leakage in an amount selected by Lessee which shall, in any event, be adequate to satisfy any co-insurance requirements of the policies providing such insurance. In addition, Lessee shall also maintain with respect to the Premises, comprehensive public liability insurance, with minimum limits of $2,000,000.00 for injury or death to any one person and $2,000,000.00 for injury or death to more than one person for any one accident or other occurrence, and $2,000,000.00 with respect to property damage.
