Common use of Insurance Certificates and Endorsements Clause in Contracts

Insurance Certificates and Endorsements. All liability insurance policies required herein shall be with companies licensed by the Texas Department of Insurance and shall (i) be endorsed to include Lessor as an additional insured; (ii) contain cross-liability and severability of interest endorsements; (iii) state that this insurance is primary insurance as regards other insurance carried by any Indemnified Party and shall be endorsed to state that such insurance will not be cancelled, materially changed or subject to non-renewal without thirty (30) days prior written notice to Lessor; and (iv) shall include waiver of subrogation endorsements in a form acceptable to Lessor. Lessee shall also include waiver of subrogation endorsements in favor of Lessor on any insurance coverages Lessee may carry in addition to that required herein for the Premises or activities conducted thereon, including but not limited to workers compensation insurance. Lessee shall furnish Lessor with certificates of all coverage required herein and with copies of the required endorsements prior to the commencement of this Lease, and annually thereafter for each renewal policy not less than thirty (30) days prior to the expiration of said policies. Certificates of insurance shall specify the additional insured status mentioned above as well as the waiver of subrogation and shall contain any other endorsements required herein. Lessee shall provide to Lessor a certified copy of any and all applicable insurance policies upon request of Lessor. Lessee's obligation to carry and pay for the insurance described in this Lease will continue beyond the term of this Lease in the event Lessee remains in possession of the Premises for any reason, or in the event Lessee is obligated to remove the Improvements, in which case, Lessee will continue to carry such insurance so long as Lessee remains in possession or until Lessor deems such removal to be complete. If Lessee fails to have a certificate of any required policy of insurance on deposit with Lessor at any time during the Lease Term or subsequent thereto in the event of any continued possession of the Premises, or in the event the certificate fails to comply with the insurance company quality or coverage requirements hereof, such failure may be treated by Lessor as a default by Lessee. In the event of such default, in addition to any other remedy under this Lease, Lessor shall have the right (but not the obligation) to purchase and maintain such policy for the account of Lessee, and if Lessor does so and gives notice thereof to Lessee, then Lessee shall be obligated to pay Lessor the amount of the premium applicable to such policy within ten (10) days following any such notice from Lessor. Any failure of Lessee to make such payment to Lessor, may be treated by Lessor as a default by Lessee in the payment of monetary obligations to be paid by Lessee hereunder. The obligation of Lessee to provide any insurance required herein is a monetary obligation under this Lease.

Insurance Certificates and Endorsements. All liability insurance policies required herein shall be with companies licensed by the Texas Department of Insurance and shall (i) be endorsed to include Lessor as an additional insured; (ii) contain cross-liability and severability of interest endorsements; (iii) state that this insurance is primary insurance as regards other insurance carried by any Indemnified Party and shall be endorsed to state that such insurance will not be cancelled, materially changed or subject to non-renewal without thirty (30) days prior written notice to Lessor; and (iv) shall include waiver of subrogation endorsements in a form acceptable to Lessor. Lessee shall also include waiver of subrogation endorsements in favor of Lessor on any insurance coverages Lessee may carry in addition to that required herein for the Premises or activities conducted thereon, including but not limited to workers compensation insurance. Lessee shall furnish Lessor with certificates of all coverage required herein and with copies of the required endorsements prior to the commencement of this Lease, and annually thereafter for each renewal policy not less than thirty (30) days prior to the expiration of said policies. Certificates of insurance shall specify the additional insured status mentioned above as well as the waiver of subrogation and shall contain any other endorsements required herein. Lessee shall provide to Lessor a certified copy of any and all applicable insurance policies upon request of Lessor. Lessee's ’s obligation to carry and pay for the insurance described in this Lease will continue beyond the term of this Lease in the event Lessee remains in possession of the Premises for any reason, or in the event Lessee is obligated to remove the Improvements, in which case, Lessee will continue to carry such insurance so long as Lessee remains in possession or until Lessor deems such removal to be complete. If Lessee fails to have a certificate of any required policy of insurance on deposit with Lessor at any time during the Lease Term or subsequent thereto in the event of any continued possession of the Premises, or in the event the certificate fails to comply with the insurance company quality or coverage requirements hereof, such failure may be treated by Lessor as a default by Lessee. In the event of such default, in addition to any other remedy under this Lease, Lessor shall have the right (but not the obligation) to purchase and maintain such policy for the account of Lessee, and if Lessor does so and gives notice thereof to Lessee, then Lessee shall be obligated to pay Lessor the amount of the premium applicable to such policy within ten (10) days following any such notice from Lessor. Any failure of Lessee to make such payment to Lessor, may be treated by Lessor as a default by Lessee in the payment of monetary obligations to be paid by Lessee hereunder. The obligation of Lessee to provide any insurance required herein is a monetary obligation under this Lease.

Insurance Certificates and Endorsements. All liability insurance policies required herein shall be with companies licensed by the Texas Department of Insurance and shall (i) be endorsed to include Lessor Landlord as an additional insured; (ii) contain cross-liability and severability of interest endorsements; (iii) state that this insurance is primary insurance as regards other insurance carried by any Indemnified Party and shall be endorsed to state that such insurance will not be cancelled, materially changed changed, or subject to non-renewal without thirty (30) days prior written notice to LessorLandlord; and (iv) shall include waiver of subrogation endorsements in a form acceptable to LessorLandlord. Lessee Tenant shall also include waiver of subrogation endorsements in favor of Lessor Landlord on any insurance coverages Lessee Tenant may carry in addition to that required herein for the Premises or activities conducted thereon, including including, but not limited to workers to, worker’s compensation insurance. Lessee Tenant shall furnish Lessor Landlord with certificates of all coverage required herein and with copies of the required endorsements prior to the commencement of this Lease, and annually thereafter for each renewal policy not less than thirty (30) days prior to the expiration of said policies. Certificates of insurance shall specify the additional insured status mentioned above as well as the waiver of subrogation and shall contain any other endorsements required herein. Lessee Tenant shall provide to Lessor Landlord a certified copy of any and all applicable insurance policies upon request of LessorLandlord. LesseeTenant's obligation to carry and pay for the insurance described in this Lease will continue beyond the term of this Lease in the event Lessee Tenant remains in possession of the Premises for any reason, or in the event Lessee Tenant is obligated to remove the Improvements, in which case, Lessee Tenant will continue to carry such insurance so long as Lessee Tenant remains in possession or until Lessor Landlord deems such removal to be complete. If Lessee Tenant fails to have a certificate of any required policy of insurance on deposit with Lessor Landlord at any time during the Lease Term or subsequent thereto in the event of any continued possession of the Premises, or in the event the certificate fails to comply with the insurance company quality or coverage requirements hereof, such failure may be treated by Lessor Landlord as a default by LesseeTenant. In the event of such default, in addition to any other remedy under this Lease, Lessor Landlord shall have the right (but not the obligation) to purchase and maintain such policy for the account of LesseeTenant, and if Lessor Landlord does so and gives notice thereof to LesseeTenant, then Lessee Tenant shall be obligated to pay Lessor Landlord the amount of the premium applicable to such policy within ten (10) days following any such notice from LessorLandlord. Any failure of Lessee Tenant to make such payment to LessorLandlord, may be treated by Lessor Landlord as a default by Lessee Tenant in the payment of monetary obligations to be paid by Lessee Tenant hereunder. The obligation of Lessee Tenant to provide any insurance required herein is a monetary obligation under this Lease.

Insurance Certificates and Endorsements. (a) All liability insurance policies required herein under this lease shall be with companies licensed by the Texas Department of Insurance and shall shall: (i1) be endorsed to include Lessor the Department as an additional insured; ; (ii2) contain cross-liability and severability of interest endorsements; ; (iii3) state that this insurance is primary insurance as regards other insurance carried by any Indemnified Party and shall be endorsed to state that such insurance will not be cancelled, materially changed or subject to non-renewal without thirty Lessee; and (304) days prior written notice to Lessor; and (iv) shall include waiver of subrogation endorsements in a form acceptable to Lessor. the Department. (b) Lessee shall also include waiver of subrogation endorsements in favor of Lessor the Department on any insurance coverages Lessee may carry in addition to that required herein for the Premises premises or activities conducted thereon, including but not limited to workers compensation insurance. . (c) Lessee shall furnish Lessor the Department with certificates of all coverage required herein and with copies of the required endorsements prior to the commencement of this Leaselease, and annually thereafter for each renewal policy not less than thirty (30) 30 days prior to the expiration of said policies. Certificates of insurance shall specify the additional insured status mentioned above as well as the waiver of subrogation and shall contain any other endorsements required herein. . (d) Lessee shall provide to Lessor the Department a certified copy of any and all applicable insurance policies required in this lease upon request of Lessorthe Department. Lessee's obligation to carry and pay for the insurance described in required under this Lease lease will continue beyond the term of this Lease lease in the event Lessee remains in possession of the Premises premises for any reason, or in the event Lessee is obligated to remove the Improvementsimprovements, in which case, Lessee will continue to carry such insurance so long as Lessee remains in possession or until Lessor the Department deems such removal to be complete. . (e) If Lessee fails to have a certificate of any required policy of insurance on deposit with Lessor the Department at any time during the Lease lease Term or subsequent thereto in the event of any continued possession of the Premisespremises, or in the event the certificate fails to comply with the insurance company quality or coverage requirements hereof, such failure may be treated by Lessor the Department as a default by Lessee. In the event of such default, in addition to any other remedy under this Lease, Lessor shall have the right (but not the obligation) to purchase and maintain such policy for the account of Lessee, and if Lessor does so and gives notice thereof to Lessee, then Lessee shall be obligated to pay Lessor the amount of the premium applicable to such policy within ten (10) days following any such notice from Lessor. Any failure of Lessee to make such payment to Lessor, may be treated by Lessor as a default by Lessee in the payment of monetary obligations to be paid by Lessee hereunder. The obligation of Lessee to provide any insurance required herein is a monetary obligation under this Lease.