Insurance on the Premises. In connection herewith, Lessee shall obtain and maintain or cause to be obtained and maintained in full force and effect throughout the period of this Lease, the insurance coverage set forth in Exhibit H. If required by state, county, or city laws from time to time for work conducted on or use of municipal properties, Lessee shall obtain and maintain or cause to the obtained and maintained throughout or during the Lease Term, as applicable, such types and amounts of payment, performance, maintenance, or restoration bond(s) as shall be required to be reviewed and approved by the City’s Risk Management Department in coordination with Lessee’s Risk Manager. The Lessor reserves the right to reasonably amend the herein insurance requirements as may be applicable in connection with the scope contemplated under this agreement. Lessor further reserves the right to request copies of all applicable policies in connection with this agreement.
Insurance on the Premises. DXXXXX XXXXXX, at DXXXXX XXXXXX’x sole expense, shall cause to be issued, and shall keep in full force and effect, insurance policies insuring the Premises against all perils, specifically including damage to the windows, walls and doors made of plate glass, glass or similar glazing material. WHMF shall be named as a co-insured, and DXXXXX XXXXXX shall provide WHMF evidence of such insurance upon execution of this lease and on or before March 1 of each year thereafter. The parties release each other and their respective authorized representatives from any claims for damage to any person or to the Premises and the building and other improvements in which the Premises are located, and to the fixtures, personal property, tenant’s improvements and alterations of either WHMF or DXXXXX XXXXXX in or on the Premises and the building and other improvements in which the premises are located, that are caused by or result form risks insured against under any insurance policies carried by the parties and in force at the time of any such damage. Each party shall cause each insurance policy obtained by it to provide that the insurance company waives all right of recovery by way of subrogation against either party in connection with any damage covered by any policy. Neither party shall be liable to the other for any damage caused by fire or any of the risks insured against under any insurance policy required by this Lease. If any insurance policy cannot be obtained with a waiver of subrogation, or is obtainable only by the payment of an additional premium charge above that charged by insurance companies issuing policies without waiver of subrogation, the party undertaking to obtain the insurance shall notify the other party of this fact. The other party shall have a period of ten (10) day after receiving the notice either to place the insurance with a company that is reasonably satisfactory to the other party and that will carry the insurance with a waiver of subrogation, or to agree to pay the additional premium if such policy is obtainable at additional cost. If the insurance cannot be obtained, or the party in whose favor a waiver of subrogation is desired refuses to pay the additional premium charged, the other party is relieved of the obligation to obtain a waiver of subrogation rights with respect to the particular insurance involved.
Insurance on the Premises. In connection herewith, Lessee shall obtain and maintain or cause to be obtained and maintained in full force and effect throughout the period of this Lease, the types and amounts of insurance coverage set forth in Exhibit “F” attached hereto and incorporated herein by reference. If required by state, county, or city laws from time to time for work conducted on or use of municipal properties, Lessee shall obtain and maintain or cause to the obtained and maintained throughout or during the term of this Lease Agreement, as applicable, such types and amounts of payment, performance, maintenance, or restoration bond(s) as shall be required to be reviewed and approved by the City‟s Risk Management Department in coordination with Lessee‟s Risk Manager. The Lessor reserves the right to reasonably amend the herein insurance requirements by the issuance of a notice in writing to the Lessee, which amended insurance requirements shall be subject to the reasonable approval by Lessee, which approval shall not be unreasonably withheld.
Insurance on the Premises. Unless otherwise requested by Tenant as provided below, Landlord shall continuously keep the Premises insured under a fire, extended coverage and all risks generic type endorsement insurance policy in an amount determined by Landlord but not to exceed the full replacement cost of the Premises and those improvements installed by Landlord. Landlord shall also obtain insurance policy endorsements for earthquake and sprinkler leakage coverage. The cost of the insurance described above shall be paid by Tenant as part of the Operating Expenses as provided in Section 5. At Tenant's option and upon 90 days' prior written notice to Landlord, Tenant may elect to 16 MENTOR GRAPHICS CORP./IN FOCUS SYSTEMS, INC. - COMMERCIAL LEASE obtain insurance in its own name in which case, Tenant shall continuously keep the Premises insured under a fire, extended coverage and all risks generic type endorsement insurance policy in a form and an amount determined by Landlord but not to exceed the full replacement cost of the Premises and those improvements installed by Landlord. Tenant will obtain additional insurance policy endorsements for earthquake and sprinkler leakage coverage. Landlord will be named as an additional insured and loss payee on all insurance covering the Premises and the improvements installed by Landlord. All such insurance will be acquired through insurance companies authorized to do business in Oregon and reasonably acceptable to Landlord. Tenant will provide Landlord with certificates of insurance evidencing such coverage. Such certificates shall provide that the Tenant's insurer shall give Landlord 30 days' prior written notice of any change in, or cancellation of, insurance on the Premises. If at any time during the term of this Lease or any extension, Tenant fails or refuses to continuously keep the Premises insurance as required above, Landlord may immediately obtain substantially similar insurance on the Premises and pass the cost of such insurance through to Tenant as an Operating Expense. Tenant shall notify Landlord 120 days prior to Tenant's insurance renewal date and, within 30 days of receipt of such notice, Landlord shall provide Tenant with Landlord's estimated cost of replacement of the Premises and those improvements installed by Landlord.
Insurance on the Premises. In connection herewith, Lessee shall obtain and maintain or cause to be obtained and maintained in full force and effect throughout the period of this Lease, the insurance coverage set forth in Exhibit D. If required by state, county, or city laws from time to time for work conducted on or use of municipal properties, Lessee shall obtain and maintain or cause to the obtained and maintained throughout or during the Lease Term, as applicable, such types and amounts of payment, performance, maintenance, or restoration bond(s) as shall be reasonably required to be reviewed and approved by the City’s Risk Management Department in coordination with Lessee’s Risk Manager. The Lessor reserves the right to reasonably amend the herein insurance requirements as may be applicable in connection with the scope contemplated under this agreement and the types of policies and coverage and deductible amounts that are commercially available over the Lease Term. Lessor further reserves the right to request copies of all applicable policies in connection with this agreement.
