Common use of Insurance to be Maintained by Tenant Clause in Contracts

Insurance to be Maintained by Tenant. During the Term of this Agreement, Tenant shall, at Tenant’s sole cost and expense, obtain and keep in full force and effect the following specified insurance: 10.1 Builder’s all-risk insurance covering the Improvements and all materials stored on the Land, together with such endorsements as may be reasonably required by Landlord. 10.2 Owner’s/Contractor’s protective liability insurance written on a broad-based occurrence coverage form against claims for personal injury (including bodily injury and death) and property damage, with a reasonably acceptable deductible, with a combined single limit for bodily injury and property damage of at least Two Million Dollars ($2,000,000) per occurrence. 10.3 Comprehensive or commercial general liability insurance written on a broad-based occurrence coverage form against claims for personal injury (including bodily injury and death) and property damage, with a reasonably acceptable deductible, with a combined single limit for bodily injury and property damage of at least Two Million Dollars ($2,000,000) per occurrence. 10.4 Owned, hired and non-owned automobile liability insurance on a broad-based occurrence coverage form covering all use of all automobiles, trucks and other motor vehicles utilized by Tenant and Tenant’s employees in connection with this Agreement with a combined single limit for bodily injury and property damage of at least One Million Dollars ($1,000,000) per occurrence.