Common use of Insurance Requirements During Construction Clause in Contracts

Insurance Requirements During Construction. (i) Tenant shall secure, pay for, and maintain, or cause its contractors and subcontractors to secure, pay for, and maintain, during the continuance of construction and fixturing work within the Premises, all of the insurance policies required in the amounts as set forth herein, together with such insurance as may from time to time be required by city, county, state or federal laws, codes, regulations or authorities. (ii) Tenant's Work may not commence, nor may Tenant permit its contractors and/or subcontractors to commence any work, until all required insurance has been obtained, and, if Landlord requests, until Tenant's certificates of such insurance have been delivered to Landlord. Tenant's insurance policies shall name Landlord and Landlord's mortgagee(s) and Landlord's Architect and general contractor for the Premises as additional insureds. Tenant's certificates of insurance shall provide that no change or cancellation of such insurance coverage shall be undertaken without thirty (30) days prior written notice to Landlord. (iii) Landlord shall have the right to require Tenant, and Tenant shall have the duty, to stop work in the Premises immediately if any of the insurance coverage Tenant is required to carry herein lapses during the course of such work, in which event Tenant's Work may not be resumed until the required insurance coverage is obtained and satisfactory evidence of the same is provided to Landlord. (iv) In the event Tenant employs a contractor or subcontractor to perform all or part of Tenant's Work, Tenant shall purchase, or cause its contractor to carry, General Contractor's and Subcontractor's Required Minimum Coverages and Limits of Liability as follows (the insurance required under this Exhibit C shall be in addition to any and all insurance required to be procured by Tenant pursuant to the terms of the Lease): (A) Worker's Compensation, as required by state law, and Employer's Liability Insurance with a limit of not less than $2,000,000 (or more if required by the law of the State) and any insurance required by any Employee Benefit Act or similar statute applicable where the work is to be performed, as will protect the contractor and subcontractors from any and all liability under the aforementioned act(s) or similar statute. (B) Comprehensive General Liability Insurance (including Contractor's Protective Liability) in an amount not less than $2,000,000 per occurrence whether involving personal injury liability (or death resulting therefrom) or property damage liability or a combination thereof (combined single limit coverage) with a minimum aggregate limit of $2,000,000. Such insurance shall insure Tenant's general contractor against any and all claims for personal injury, death, and damage to the property of others arising from its operations under its contract, whether such operations are performed by Tenant's contractors, subcontractors, or sub-subcontractors, or by anyone directly or indirectly employed by any of them. (C) Comprehensive Automotive Liability Insurance, for the ownership, maintenance, or operation of any automotive equipment, whether owned, leased, or otherwise held, including employer's non-ownership and hired car liability endorsements, in an amount not less than $2,000,000 per occurrence and $2,000,000 aggregate, combined single limit bodily injury and property damage liability. (D) Builder's Risk insurance in form and amount reasonably satisfactory to Landlord based upon the scope of work.

Appears in 1 contract

Samples: Lease (Boron Lepore & Associates Inc)

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Insurance Requirements During Construction. (i) Tenant shall secure, pay for, and maintain, or cause its contractors and subcontractors to secure, pay for, and maintain, during the continuance of construction and fixturing work within the Premises, all of the insurance policies required in the amounts as set forth herein, together with such insurance as may from time to time be required by city, county, state or federal laws, codes, regulations or authorities. (ii) Tenant's The Tenant Work under this Exhibit D may not commence, commence nor may Tenant permit its contractors and/or subcontractors to commence any work, work until all required insurance has been obtained, and, if Landlord requests, until Tenant's ’s, or its contractors and subcontractors, certificates of such insurance have been delivered to Landlord. Tenant's ’s or its contractors and subcontractors insurance policies shall name Landlord the Landlord, Landlord’s property manager, and Landlord's ’s mortgagee(s) as additional insureds and Landlord's Architect and general contractor for the Premises such other parties as may be reasonably requested by Landlord as additional insureds. Tenant's Such certificates of insurance shall provide that no change or cancellation of such insurance coverage shall be undertaken without thirty (30) days days’ prior written notice to Landlord; provided, however, in the event such insurer is unable to provide such notice, Tenant shall be obligated to provide such notice to Landlord. (iii) Landlord shall have the right to require Tenant, and Tenant shall have the duty, to stop work in the Premises immediately if any of the insurance coverage Tenant is or its contractors and subcontractors are required to carry herein lapses during the course of such work, in which event Tenant's the Tenant Work may not be resumed until the required insurance coverage is obtained and satisfactory evidence of the same is provided to Landlord. (iv) In the event Tenant employs a contractor or subcontractor to perform all or part of Tenant's the Tenant Work, Tenant shall purchasecarry, or cause its contractor Tenant’s Contractors to carry, General Contractor's ’s and Subcontractor's ’s Required Minimum Coverages and Limits of Liability as follows (the insurance required under this Exhibit C D shall be in addition to any and all insurance required to be procured by Tenant pursuant to the terms of the Lease): (A) Worker's ’s Compensation, as required by state law, and Employer's ’s Liability Insurance with a limit of not less than $2,000,000 1,000,000 (or more if required by the law of the State) and any insurance required by any Employee Benefit Act or similar statute applicable where the work is to be performed, as will protect the contractor and subcontractors from any and all liability under the aforementioned act(s) or similar statute. (B) Comprehensive General Liability Insurance (including Contractor's ’s Protective Liability) in an amount not less than $2,000,000 per occurrence whether involving personal injury liability (or death resulting therefrom) or property damage liability or a combination thereof (combined single limit coverage) with a minimum aggregate limit of $2,000,000. Such insurance shall insure Tenant's ’s general contractor against any and all claims for personal injury, death, and damage to the property of others arising from its operations under its contract, whether such operations are performed by Tenant's ’s contractors, subcontractors, or sub-subcontractors, or by anyone directly or indirectly employed by any of them. (C) Comprehensive Automotive Liability Insurance, for the ownership, maintenance, or operation of any automotive equipment, whether owned, leased, or otherwise held, including employer's non-’s non- ownership and hired car liability endorsements, in an amount not less than $2,000,000 per occurrence and $2,000,000 aggregate, combined single limit bodily injury and property damage liability. (D) Builder's Risk ’s risk insurance in form and such amount reasonably satisfactory to Landlord based upon as is commensurate with the scope and Total TI Cost of such work.

Appears in 1 contract

Samples: Lease Agreement (Aura Biosciences, Inc.)

Insurance Requirements During Construction. (i) Tenant shall secure, pay for, and maintain, or cause its contractors and subcontractors to secure, pay for, and maintain, during the continuance of construction and fixturing work within the Premises, all of the insurance policies required in the amounts as set forth herein, together with such insurance as may from time to time be required by city, county, state or federal laws, codes, regulations or authorities. (ii) Tenant's The Tenant Work under this Exhibit D may not commence, commence nor may Tenant permit its contractors and/or subcontractors to commence any work, work until all required insurance has been obtained, and, if Landlord requests, until Tenant's ’s, or its contractors and subcontractors, certificates of such insurance have been delivered to Landlord. Tenant's ’s or its contractors and subcontractors insurance policies shall name Landlord the Landlord, Landlord’s property manager, and Landlord's ’s mortgagee(s) as additional insureds and Landlord's Architect and general contractor for the Premises such other parties as may be reasonably requested by Landlord as additional insureds. Tenant's Such certificates of insurance shall provide that no change or cancellation of such insurance coverage shall be undertaken without thirty (30) days days’ prior written notice to Landlord; provided, however, in the event such insurer is unable to provide such notice, Tenant shall be obligated to provide such notice to Landlord. (iii) Landlord shall have the right to require Tenant, and Tenant shall have the duty, to stop work in the Premises immediately if any of the insurance coverage Tenant is or its contractors and subcontractors are required to carry herein lapses during the course of such work, in which event Tenant's the Tenant Work may not be resumed until the required insurance coverage is obtained and satisfactory evidence of the same is provided to Landlord.. ACTIVE/91437610.6 (iv) In the event Tenant employs a contractor or subcontractor to perform all or part of Tenant's the Tenant Work, Tenant shall purchasecarry, or cause its contractor Tenant’s Contractors to carry, General Contractor's ’s and Subcontractor's ’s Required Minimum Coverages and Limits of Liability as follows (the insurance required under this Exhibit C D shall be in addition to any and all insurance required to be procured by Tenant pursuant to the terms of the Lease): (A) Worker's ’s Compensation, as required by state law, and Employer's ’s Liability Insurance with a limit of not less than $2,000,000 1,000,000 (or more if required by the law of the State) and any insurance required by any Employee Benefit Act or similar statute applicable where the work is to be performed, as will protect the contractor and subcontractors from any and all liability under the aforementioned act(s) or similar statute. (B) Comprehensive General Liability Insurance (including Contractor's ’s Protective Liability) in an amount not less than $2,000,000 per occurrence whether involving personal injury liability (or death resulting therefrom) or property damage liability or a combination thereof (combined single limit coverage) with a minimum aggregate limit of $2,000,000. Such insurance shall insure Tenant's ’s general contractor against any and all claims for personal injury, death, and damage to the property of others arising from its operations under its contract, whether such operations are performed by Tenant's ’s contractors, subcontractors, or sub-subcontractors, or by anyone directly or indirectly employed by any of them. (C) Comprehensive Automotive Liability Insurance, for the ownership, maintenance, or operation of any automotive equipment, whether owned, leased, or otherwise held, including employer's ’s non-ownership and hired car liability endorsements, in an amount not less than $2,000,000 per occurrence and $2,000,000 aggregate, combined single limit bodily injury and property damage liability. (D) Builder's Risk ’s risk insurance in form and such amount reasonably satisfactory to Landlord based upon as is commensurate with the scope and Total TI Cost of such work.

Appears in 1 contract

Samples: Lease (Proteostasis Therapeutics, Inc.)

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Insurance Requirements During Construction. (i1) Tenant shall secure, pay for, and maintain, or cause its contractors and subcontractors to secure, pay for, and maintain, during the continuance of construction and fixturing work within the Premises, all of the insurance policies required in the amounts as set forth herein, together with such insurance as may from time to time be required by city, county, state or federal laws, codes, regulations or authorities. (ii2) Tenant's Work and alterations may not commence, nor may Tenant either party permit its contractors and/or and subcontractors to commence any work, until all required insurance has been obtained, and, if Landlord requests, until Tenant's certificates of such insurance have been delivered to Landlord. Tenant's insurance policies shall name Landlord and the Landlord, Landlord's mortgagee(s) and Landlord's Architect and general contractor for the Premises as additional insureds. Tenant's certificates of insurance shall provide that no change or cancellation of such insurance coverage shall be undertaken without thirty (30) days days' prior written notice to Landlord. (iii3) Landlord shall have the right to require Tenant, and Tenant shall have the duty, to stop work in the Premises immediately if any of the insurance coverage Tenant is required to carry herein lapses during the course of such the work, in which event Tenant's Work (or alterations) may not be resumed until the required insurance coverage is obtained and satisfactory evidence of the same is provided to Landlord. (iv4) In the event Tenant employs a contractor or subcontractor to perform all or part of Tenant's WorkWork and/or alterations, Tenant shall purchase, or cause its contractor to carry, General Contractor's and Subcontractor's Required Minimum Coverages and Limits of Liability as follows (the insurance required under this Exhibit C shall be in addition to any and all insurance required to be procured by Tenant pursuant to the terms of the Lease): (Ai) Worker's Compensation, as required by state law, and Employer's Liability Insurance with a limit of not less than $2,000,000 (or more if required by the law of the State) and any insurance required by any Employee Benefit Act or similar statute applicable where the work is to be performed, as will protect the contractor and subcontractors from any and all liability under the aforementioned act(s) or similar statute. (Bii) Comprehensive General Liability Insurance (including Contractor's Protective Liability) in an amount not less than $2,000,000 5,000,000 per occurrence whether involving personal injury liability (or death resulting therefrom) or property damage liability or a combination thereof (combined single limit coverage) with a minimum aggregate limit of $2,000,0005,000,000. Such insurance shall insure Tenant's general contractor against any and all claims for personal injury, death, and damage to the property of others arising from its operations under its contract, whether such operations are performed by Tenant's contractors, subcontractors, or sub-subcontractors, or by anyone directly or indirectly employed by any of them. (Ciii) Comprehensive Automotive Liability Insurance, for the ownership, maintenance, or operation of any automotive equipment, whether 60 owned, leased, or otherwise held, including employer's non-ownership and hired car liability endorsements, in an amount not less than $2,000,000 per occurrence and $2,000,000 aggregate, combined single limit bodily injury and property damage liability. (D) Builder's Risk insurance in form and amount reasonably satisfactory to Landlord based upon the scope of work.

Appears in 1 contract

Samples: Deed of Lease (Interliant Inc)

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