Common use of Landlord's Insurance and Tenant's Compliance with Landlord's Fire and Casualty Insurance Clause in Contracts

Landlord's Insurance and Tenant's Compliance with Landlord's Fire and Casualty Insurance. Landlord shall, from and after the date hereof until the expiration of the Lease Term, maintain in effect the following insurance: (i) physical damage insurance (including rental loss endorsement) providing coverage in the event of fire, vandalism, malicious mischief and all other risks normally covered under "special form" policies in the geographical area of the Building, covering the Building (excluding, at Landlord's option, the property required to be insured by Tenant pursuant to Section 10.3 below) in an amount not less than one hundred percent (100%) of the full replacement value (less reasonable deductibles) of the Building, together with such other risks as Landlord may from time to time determine (provided, however, that Landlord shall have the right, but not the obligation, to obtain earthquake and/or flood insurance); (ii) commercial general liability insurance including Commercial Broad Form Endorsement or the equivalent in the amount of at least Five Million Dollars ($5,000,000.00), against claims of bodily injury, personal injury or property damage arising out of Landlord's operations, assumed liabilities (including the liabilities assumed by Landlord under this Lease), contractual liabilities, or use of the Building, common areas and Parking Facilities; and (iii) workers compensation insurance as required by law. Such coverages may be carried under blanket and/or umbrella policies. The insurers providing such insurance shall be licensed to do business in the State of California and rated A-VII or better in Best's Insurance Guide, and the policies of insurance with respect to property loss or damage by fire or other casualty shall contain a waiver of subrogation as provided in Section 10.4 below. Such coverages may be carried under blanket and/or umbrella insurance policies. Such insurance shall be primary insurance as to all claims hereunder. Tenant shall, at Tenant's expense, comply as to the Premises with all insurance company requirements pertaining to the use of the Premises. If Tenant's conduct or use of the Premises causes any increase in the premium for such insurance policies, then Tenant shall reimburse Landlord for any such increase. Tenant, at Tenant's expense, shall comply with all rules, orders, regulations or requirements of the American Insurance Association (formerly the National Board of Fire Underwriters) and with any similar body.

Landlord's Insurance and Tenant's Compliance with Landlord's Fire and Casualty Insurance. Landlord shall, from and after the date hereof until the expiration of the Lease Term, maintain in effect the following insurance: (i) physical damage insurance (including rental loss endorsement) providing coverage in the event of fire, vandalism, malicious mischief and all other risks normally covered under "special form" policies in the geographical area of the Building, covering the Building (excluding, at Landlord's option, the property required to be insured by Tenant pursuant to Section 10.3 103 below) in an amount not less than one hundred percent (100%) of the full replacement value (less reasonable deductibles) of the Building, together with such other risks as Landlord may from time to time determine determine, including a rental loss endorsement and one or more loss payee endorsements in favor of any holders of mortgages or deeds of trust encumbering the interest of Landlord in the Real Property or any portion thereof (provided, provided however, that Landlord shall have the right, but not the obligation, to obtain earthquake and/or flood insurance); (iii) commercial general liability insurance including a Commercial Broad Form Endorsement or the equivalent in the amount of at least Five Million Dollars ($5,000,000.005,000.000.00), against claims of bodily injury, personal injury or property damage arising out of Landlord's operations, assumed liabilities (including the liabilities assumed by Landlord under this Lease), contractual liabilities, or use of the Building, common areas and Parking Facilities; , and (iii) workers workers' compensation insurance as required by law. Such coverages may be carried under blanket and/or umbrella policies. The insurers providing such insurance shall be licensed to do business in the State of California and rated A-VII A-/VII or better in Best's Insurance Guide, and the policies of insurance with respect to property loss or damage by fire or other casualty shall contain a waiver of subrogation as provided in Section 10.4 below. Such coverages may be carried carved under blanket and/or umbrella insurance policies. Such insurance shall be primary insurance as to all claims hereunderthereunder. Tenant shall, at Tenant's expense, comply as to the Premises with all insurance company requirements pertaining to the use of the Premises. If Tenant's conduct or manner of use of the Premises causes any increase in the premium for such insurance policies, then Tenant shall reimburse Landlord for any such increase. Tenant, at Tenant's expense, shall comply with all rules, . orders, regulations or requirements of the American Insurance Association (formerly the National Board of Fire Underwriters) and with any similar body...