Landlord’s Required Insurance. The Landlord shall maintain at least Seven Million ($7,000,000.00) Dollars of commercial general liability insurance (including so-called umbrella coverage) covering the Building. Landlord shall maintain physical damage and casualty insurance on an “all risk” basis on the Building (excluding furnishings, fixtures, equipment and other personal property of Tenant) in the amount of the full replacement cost of the Premises (other than Tenant Work and any Finish Work) as reasonably determined by Landlord, and shall also maintain boiler and rent loss insurance in amounts required by Landlord’s mortgage lender or otherwise reasonably determined by Landlord. Landlord’s insurance shall be issued by companies rated not less than A-/X by Best’s Rating Service (or its successor) and licensed to do business in The Commonwealth of Massachusetts. Landlord shall cause the casualty insurance replacement cost coverage to be updated as reasonably necessary. Any or all of Landlord’s insurance may be provided by blanket coverage maintained by Landlord or any affiliate of Landlord under its insurance program for its portfolio of properties. Landlord may maintain other coverages in such amounts as are required by Landlord’s mortgage lender or otherwise as reasonably determined by Landlord.
Landlord’s Required Insurance. Landlord shall obtain and keep in full force and effect during the Term, at its own cost and expense (i) commercial general liability insurance to afford protection against any and all claims for personal injury, death or property damage occurring in or upon the Common Areas or any part thereof, in such amounts as Landlord shall reasonably determine; and (ii) insurance covering the Project, excluding footings and foundations, against loss or damage by fire and such other risks and hazards as are insured under then available standard forms of fire insurance policies (excluding, at Landlord’s option, perils such as earthquake, terrorism, flood and other standard “special form” policy exclusions), for the full insurable value thereof as determined by Landlord; in each such case with deductible amounts reasonably determined by Landlord.
Landlord’s Required Insurance. Throughout the Term (including any extensions thereof), Landlord shall, at its own cost and expense, obtain and maintain in effect the following insurance coverage:
Landlord’s Required Insurance. (a) Workers’ compensation insurance in statutory amounts, including employer’s liability in the amount of $1,000,000.00 per accident;
Landlord’s Required Insurance. (a) Worker’s compensation insurance, as required by law, in statutory amounts;
Landlord’s Required Insurance. Throughout Landlord’s entry onto the Premises under Section 2.3(a), Landlord’s or its grantees’ use of the Premises under Section 2.3(b), and Landlord’s Work under Section 5.1, and for a reasonable time thereafter at least equaling any applicable statute of limitations period where necessary to provide coverage for claims asserted based on events occurring during such entry, use or work, Landlord shallcause each of its contractors and grantees that will enter upon the Premises to obtain and keep in force and effect adequate insurance coverage which in no event shall be less than the types and amounts of coverage specified in Sections 9.1(A) through 9.1(C)
Landlord’s Required Insurance. Landlord shall maintain insurance against loss or damage to the Leased Premises, including improvements thereto made by Tenant, but not Tenant's personal property or fixtures therein, by fire, lightning and other risks from time to time included under "extended coverage" policies, in amounts not less than the full insurable value of the Premises ("Landlord's Required Insurance"). The term "full insurable value," as used herein, means actual replacement cost without deduction for physical depreciation as shall from time to time be determined by Landlord or by appraisal made from time to time (but not more than annually) at the expense of Tenant by an accredited insurance appraiser selected by Landlord. Tenant shall pay to Landlord, as additional rent, all premiums or other costs payable by Landlord in order to maintain Landlord's Required Insurance within ten (10) days after receipt by Tenant of a statement from Landlord showing the amount thereof. The failure of Landlord to submit any such statement shall not constitute a waiver of Landlord's right to receive such additional rent. Landlord shall deliver to Tenant promptly after execution of this Lease duplicate policies or certificates of insurers evidencing Landlord's Required Insurance. Landlord shall, at least ten (10) days prior to the expiration of any policy of Landlord's Required Insurance deliver either duplicate renewal policies or certificates evidencing the renewal of Landlord's Required Insurance. Every policy under which Landlord's Required Insurance is maintained shall contain an agreement that the insurer will not cancel such policy except after ten (10) days written notice to Tenant.
