Lessee Insurance. (a) At all times commencing on and after the earlier of the Commencement Date and the date Lessee or its agents, employees or contractors enters the Leased Premises for any purpose, Lessee shall carry and maintain, at its sole cost and expense:
(i) Commercial General Liability Insurance applicable to the Leased Premises and its appurtenances providing, on an occurrence basis, a minimum combined single limit of Two Million Dollars ($2,000,000.00), with a contractual liability endorsement covering Lessee’s indemnity obligations under this Lease;
(ii) All Risks of Physical Loss Insurance written at replacement cost value and with a replacement cost endorsement covering all of Lessee’s personal property and improvements in the Leased Premises;
(iii) Workers’ Compensation Insurance as required by the state in which the Leased Premises is located and in amounts as may be required by applicable statute, and Employers’ Liability Coverage of One Million Dollars ($1,000,000.00) per occurrence;
(iv) Whenever good business practice, in Lessor’s reasonable judgment, indicates the need of additional insurance coverage or different types of insurance in connection with the Leased Premises or Lessee’s use and occupancy thereof, Lessee shall, upon request, obtain such insurance at Lessee’s expense and provide Lessor with evidence thereof.
(b) Before any repairs, alterations, additions, improvements, or construction are undertaken by or on behalf of Lessee, Lessee shall carry and maintain, at its expense, or Lessee shall require any contractor performing work on the Leased Premises to carry and maintain, at no expense to Lessor, in addition to Workers’ Compensation Insurance as required by the jurisdiction in which the Building is located, All Risk Builder’s Risk Insurance in the amount of the replacement cost of any alterations, additions or improvements and Commercial General Liability Insurance (including, without limitation, Contractor’s Liability coverage, Contractual Liability coverage and Completed Operations coverage,) written on an occurrence basis with a minimum combined single limit of Two Million Dollars ($2,000,000.00) and adding “the named Lessor hereunder (or any successor thereto), and its respective members, principals, beneficiaries, partners, officers, directors, employees, agents and any Mortgagee(s)”, and other designees of Lessor as the interest of such designees appear, as additional insureds (collectively referred to as the “Additional Insureds”).
(c...
Lessee Insurance. All Guests including you are required to have both liability and comprehensive travel insurance that provides coverage, including, but not limited to, cancellation, loss and damage to baggage and other property, and flight delays. All Guests including you should also carry health coverage that includes, but is not limited to evacuation and repatriation. We and the Owner shall not be held liable to the Guests and you for any and all claims, including any accidents related to the use of the Property, facilities or locally procured third party services such as watercraft, water sports, jeep or motorbike rental etc.
Lessee Insurance. Xxxxxx’s responsibility for the Premises begins immediately upon the Commencement Date and Lessee, at its sole cost and expense, and at no cost to City, shall provide and maintain in full force and effect during the entire term of this Lease insurance coverage in an amount(s) and in a form acceptable to City as set forth in Exhibit C attached hereto and incorporated herein by reference. Said policies shall be maintained with respect to Lessee’s employees, if any, and all vehicles operated on the Premises. The policies shall include the required endorsements, certificates of insurance and coverage verifications as described in Exhibit C. Xxxxxx also agrees to secure renter’s liability insurance.
Lessee Insurance. The Lessee shall name Lessor as an additional insured on its environmental liability insurance policy, if carried.
Lessee Insurance. Lessee agrees to procure and maintain at Lessee’s expense throughout the term of this Lease Agreement and any extension thereof, a policy or policies of insurance as follows: (a) workers’ compensation (statutory); (b) Employers’ Liability ($1,000,000 per occurrence, bodily injury by accident or disease, including death); Commercial General Liability ($1,000,000 combined limit, bodily injury, personal injury and property damage, including blanket contractual liability). The Lessor shall be included as an additional insured under Commercial General Liability as respects this lease of premises. Certificates of insurance may be issued at Lessor’s request at reasonable times during the term of the Lease Agreement. All personal property of Lessee in the demised premises or in the building of which the demised premises is a part shall be at the sole risk of Lessee. Lessor shall not be liable for any damage thereto or for the theft or misappropriation thereof, unless such damage, theft or misappropriation is directly attributable to the negligence or intentional acts of Lessor, its agents or employees. Lessor shall not be liable for any accident to or damage to property of Lessee resulting from the use or operation of mechanical, electrical or plumbing apparatus, unless caused by and due to the negligence of Lessor, its agents or employees.
Lessee Insurance. Lessee, at its cost, shall maintain a ---------------- policy of Combined Single Limit Bodily Injury and Property Damage Insurance during the Term and any Renewal Period, such insurance to provide protection in the amount of One Million ($1,000,000) Dollars combined single limit, insuring Lessor and Lessee against any liability arising out of and in connection with Lessee's Use or occupancy of the Space. Lessee should also obtain and maintain a policy or policies of insurance covering loss or damage to the Space, providing protection against all perils included within the classification of fire, extended coverage, vandalism, malicious mischief, flood (in the event such is required by a lender having a lien on the Building), and special extended perils ("All risk" as such term is used in the insurance industry). Lessee shall also maintain workmen's compensation insurance with no less than the minimum limits required by law. The commercial liability insurance policies shall name Lessor as an additional insured, insure on an occurrence and not a claims-made basis, contain a hostile fire endorsement and a contractual liability endorsement and provide primary coverage to Lessor (any policy issued to Lessor providing duplicate or similar coverage shall be deemed in excess over Lessee's policies).
Lessee Insurance. LESSEE shall maintain insurance coverage for worker compensation, general liability, and hazards covering LESSEE's employees, visitors, and LESSEE's premises and contents. Coverage shall be no less than $2,000,000 general liability and $2,000,000 property naming LESSOR as additional insured. Each policy of insurance shall contain a provision requiring no less than ten (10) days notice to LESSOR prior to cancellation of the policy.
Lessee Insurance. Lessee shall procure and maintain property and casualty insurance (a) as reasonably necessary to restore the Property in good condition following termination of this Lease and (b) required under rules and regulations applicable to Lessee’s business. All policies shall name Lessor as an additional insured.
Lessee Insurance. Lessee shall, at its expense, maintain in full force during the Term of the Lease commercial general liability insurance for the Premises with coverage at least equal to the limitations on judgments provided by the Colorado Governmental Immunity Act (“CGIA”), C.R.S. §§ 00-00-000, et seq., at any given time, which shall not be interpreted as a waiver of the CGIA.
Lessee Insurance. Throughout the term of this Agreement and any SA or CA, Lessee will, at its sole expense, obtain and keep in force the following insurance:
(i) “all risk” property insurance, including coverage for fire and extended perils, upon the Facilities in an amount equal to 90% of the full replacement cost of the Facilities;
(ii) commercial general liability written on an occurrence basis in limits not less than $3,000,000 combined single limit for each occurrence for bodily injury, personal injury and property damage liability naming Lessor as an additional insured;
(iii) statutory workers’ compensation and employer’s liability insurance; and
(iv) business auto insurance insuring owned, hired and non-owned automobiles. If the Ground Lease requires insurance coverages with higher limits or any imposes any additional insurance requirements, Lessee must also comply with those limits and requirements.
