Common use of Insurance by Tenant Clause in Contracts

Insurance by Tenant. Tenant shall, during the Lease Term, procure at its expense and keep in force the following insurance: (1) Commercial general liability insurance naming the Landlord, Landlord’s Agents and the other Protected Parities as additional insured against any and all claims for bodily injury and property damage occurring in or about the Premises arising out of Tenant’s use and occupancy of the Premises. Such insurance shall have a combined single limit of not less than One Million Dollars ($1,000,000) per occurrence with a Two Million Dollar ($2,000,000) aggregate limit and excess umbrella liability insurance in the amount of Two Million Dollars ($2,000,000). If the Tenant has other locations that it owns or leases, the policy shall include an aggregate limit per location endorsement. Such liability insurance shall be primary and not contributing to any insurance available to Landlord and Landlord’s insurance shall be in excess thereto. In no event shall the limits of such insurance be considered as limiting the liability Tenant under this Lease. (2) Personal property insurance insuring (if not insured by Landlord’s insurance required in subsection 15.b below) all alterations, leasehold improvements, and fixtures installed by Tenant hereunder and all equipment, trade fixtures, inventory, s and personal property located on or in the Premises 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 insurance shall be written on a replacement cost basis in an amount equal to one hundred percent (100%) of the full replacement value of the aggregate of the foregoing. (3) Workers’ compensation insurance in accordance with statutory law and employers’ liability insurance with a limit of not less than $500,000.

Insurance by Tenant. Tenant shall, during the Lease Term, procure at its expense and keep in force the following insurance: (1) Commercial general liability insurance naming the Landlord, Landlord and Landlord’s Agents and managing agent for the other Protected Parities Premises as additional insured insureds against any and all claims for death, bodily injury and property damage occurring in in, or about the Premises arising out of Tenant’s use and occupancy of the Premises. Such insurance shall have a combined single limit of not less than One Million Dollars ($1,000,000) per occurrence with a Two Million Dollar Dollars ($2,000,000) aggregate limit and excess umbrella liability insurance in the amount of Two Million Dollars ($2,000,000). If the Tenant has other locations that it owns or leases, the policy shall include an aggregate limit per location endorsementendorsement conforming to the foregoing. Such liability insurance shall be primary and not contributing to with any insurance available to Landlord and Landlord’s insurance shall be in excess thereto. In no event shall the limits of such insurance be considered as limiting the liability of Tenant under this Leaselease. (2) Personal property insurance insuring (if not insured by Landlord’s insurance required in subsection 15.b below) all alterations, leasehold improvements, and fixtures installed by Tenant hereunder and all equipment, trade fixtures, inventory, s fixtures and personal property located on or in the Premises for perils covered by the causes cause of loss — - special form (all risk) and in addition, coverage for flood, earthquake and boiler and machinery (if applicable). Such insurance shall be written on a replacement cost basis in an amount equal to one hundred ninety percent (10090%) of the full replacement value of the aggregate of the foregoing. (3) Workers’ compensation insurance in accordance with statutory law and employers’ liability insurance with a limit of not less than $500,000100,000 per accident, $500,000 for a disease policy limit, and $100,000 for disease limit for each employee. (4) Business interruption insurance in such amounts, if any, that Tenant in its prudent business judgment, elects to maintain, from time to time, it being understood and agreed that if there is any conflict between the provisions of this Section 9(B)(4) and the provisions of Section 9(B)(5),the provisions of this Section 9(6)(4) shall govern and control. (5) Such other insurance as Landlord deems necessary and prudent, consistent with the insurance customarily required to be maintained by tenants of comparable buildings in the Chantilly submarket of Fairfax County, Virginia, or as reasonably required by Landlord’s beneficiaries or mortgagees of any deed of trust or mortgage encumbering the Property. The policies required to be maintained by Tenant and the policies required to be maintained by Landlord shall each be issued by companies rated AX or better in the most current issue of Beat’s Insurance Reports. Insurers shall be licensed or authorized to do business in the state in which the Premises is located and domiciled in the United States. Any deductible amounts under any of Tenant’s insurance policies required hereunder shall not exceed $10,000. Certificates of insurance (certified copies of the policies shall be provided upon Landlord’s request) shall be delivered to Landlord prior to the Commencement Date and annually thereafter at least thirty (30) days prior to the expiration date of the old policy. Tenant shall have the right to provide insurance coverage which it is obligated to carry pursuant to the terms hereof in a blanket policy, provided such blanket policy expressly affords coverage to the Premises, and to Landlord, as required by this Lease. Each policy of insurance shall provide notification to Landlord at least ten (10) days prior to any cancellation or modification to reduce the insurance coverage. In the event Tenant does not purchase the insurance required by this Lease or fails to keep the same in full force and effect, Landlord may (but shall not be obligated to), upon forty-eight (48) hours notice (or, in the case of the lapse of Tenant’s general liability insurance, without notice), purchase the required insurance and pay the premium. The Tenant shall repay to Landlord, as Additional Rent the amount so paid promptly upon demand. In addition, Landlord may recover from Tenant and Tenant agrees to pay, as Additional Rent, any and all reasonable expenses (including reasonable attorneys’ fee) and damages which Landlord may sustain by reason of the failure of Tenant to obtain and maintain such insurance.

Insurance by Tenant. Tenant shall, during the Lease Term, procure at its expense and keep in force the following insurance: (1) Commercial general liability insurance naming the Landlord, Landlord’s Agents and the other Protected Parities Parties as additional insured (using a form at least as broad as ISO Form 2026 1185 without modification) against any and all claims for bodily injury injury, personal injury, and property damage occurring in or about the Premises Phase and Project and/or arising out of Tenant’s use and occupancy of the Premises. Such insurance shall have a combined single limit of not less than One Million Dollars ($1,000,000) per occurrence with a Two Million Dollar ($2,000,000) aggregate limit and excess umbrella liability insurance in the amount of Two Million Dollars ($2,000,000). If the Tenant has other locations that it owns or leases, the policy shall include an aggregate limit per location endorsement. Such liability insurance shall be primary and not contributing to any insurance available to Landlord and Landlord’s insurance shall be in excess thereto. In no event shall the limits of such insurance be considered as limiting the liability Tenant under this Lease. (2) Personal property insurance insuring (if not insured by Landlord’s insurance required in subsection 15.b below) all alterations, leasehold improvements, and fixtures installed by Tenant hereunder or under the Original Lease (“Betterments”) and all equipment, trade fixtures, inventory, s and personal property located on or in the Premises Phase 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 insurance shall be written on a replacement cost basis in an amount equal to one hundred percent (100%) of the full replacement value of the aggregate of the foregoing. (3) Workers’ compensation insurance in accordance with statutory law and employers’ liability insurance with a limit of not less than $500,000. (4) Business interruption insurance covering at least 12 months of all charges hereunder. (5) Pollution liability insurance in accordance with Section 4(c)(4) above. The policies required to be maintained by Tenant shall be with companies rated AX or better in the most current issue of Best’s Insurance Reports. Insurers shall be licensed to do business in the state in which the Premises are located and shall be domiciled in the USA. All liability policies shall include contractual liability coverage and shall include a waiver of any exclusion for such coverage. Any deductible amounts under any insurance policies required hereunder shall be commercially reasonable to Tenant and no less in amount than the deductibles in effect on the Effective Date. Certificates of insurance (certified copies of the policies may be required) shall be delivered to Landlord prior to the Commencement Date and annually thereafter at least thirty (30) days prior to the expiration date of the old policy. Tenant shall have the right to provide insurance coverage which it is obligated to carry pursuant to the terms hereof in a blanket policy provided such blanket policy expressly affords coverage to the Premises and to Landlord as required by this Lease. Each policy of insurance shall require notification to Landlord at least thirty (30) days prior to any cancellation or modification to reduce the insurance coverage. In the event Tenant does not purchase and keep in force the insurance required by this Lease or provide evidence of the same, Landlord may, but shall not be obligated to, purchase such insurance or some part of it and pay the premium. Tenant shall repay to Landlord, as additional rent, the amount so paid promptly upon demand. In addition, Landlord may recover from Tenant and Tenant agrees to pay, as additional rent, any and all reasonable expenses (including attorney’s fees) and damages which Landlord may sustain by reason of the failure of Tenant to obtain and maintain such insurance.

Insurance by Tenant. Tenant shall, during the Lease Term, procure at its expense and keep in force the following insurance: (1) Commercial general liability insurance naming the Landlord, Landlord’s Agents and the other Protected Parities Parties as additional insured (using a form at least as broad as ISO Form 2026 1185 without modification) against any and all claims for bodily injury injury, personal injury, and property damage occurring in or about the Premises Phase and Project and/or arising out of Tenant’s use and occupancy of the Premises. Such insurance shall have a combined single limit of not less than One Million Dollars ($1,000,000) per occurrence with a Two Million Dollar ($2,000,000) aggregate limit and excess umbrella liability insurance in the amount of Two Million Dollars ($2,000,000). If the Tenant has other locations that it owns or leases, the policy shall include an aggregate limit per location endorsement. Such liability insurance shall be primary and not contributing to any insurance available to Landlord and Landlord’s insurance shall be in excess thereto. In no event shall the limits of such insurance be considered as limiting the liability Tenant under this Lease. (2) Personal property insurance insuring (if not insured by Landlord’s insurance required in subsection 15.b below) all alterations, leasehold improvements, and fixtures installed by Tenant hereunder or under the Original Lease (“Betterments”) and all equipment, trade fixtures, inventory, s and personal property located on or in the Premises Phase 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 insurance shall be written on a replacement cost basis in an amount equal to one hundred percent (100%) of the full replacement value of the aggregate of the foregoing. (3) Workers’ compensation insurance in accordance with statutory law and employers’ liability insurance with a limit of not less than $500,000. (4) Business interruption insurance covering at least 12 months of all charges hereunder. (5) Pollution liability insurance in accordance with Section 4(c)(4) above. The policies required to be maintained by Tenant shall be with companies rated AX or better in the most current issue of Best’s Insurance Reports. Insurers shall be licensed to do business in the state in which the Premises are located and shall be domiciled in the USA. All liability policies shall include contractual liability coverage and shall include a waiver of any exclusion for such coverage. Any deductible amounts under any insurance policies required hereunder shall be commercially reasonable to Tenant and no less in amount than the deductibles in effect on the Effective Date. Certificates of insurance (certified copies of the policies may be required) shall be delivered to Landlord prior to the Commencement Date and annually thereafter at least thirty (30) days prior to the expiration date of the old policy. Tenant shall have the right to provide insurance coverage which it is obligated to carry pursuant to the terms hereof in a blanket policy provided such blanket policy expressly affords coverage to the Premises and to Landlord as required by this Lease. Each policy of insurance shall require notification to Landlord at least thirty (30) days prior to any cancellation or modification to reduce the insurance coverage. In the event Tenant does not purchase and keep in force the insurance required by this Lease or provide evidence of the same, Landlord may, but shall not be obligated to, purchase such insurance or some part of it and pay the premium. Tenant shall repay to Landlord, as additional rent, the amount so paid promptly upon demand. In addition, Landlord may recover from Tenant and Xxxxxx agrees to pay, as additional rent, any and all reasonable expenses (including attorney’s fees) and damages which Landlord may sustain by reason of the failure of Tenant to obtain and maintain such insurance.