Common use of Lessee to Obtain Liability Insurance Clause in Contracts

Lessee to Obtain Liability Insurance. Lessee shall, at its own expense, at all times during the term of this lease, maintain in force a policy or policies of insurance, written by one or more responsible insurance carriers approved by Lessor, which will insure Lessor against liability for injury to or death of persons or loss or damage to property occurring in or about the demised premises. The liability under such insurance shall not be less than ONE HUNDRED THOUSAND AND NO/100 DOLLARS ($100,000.00) for any one person killed or injured. THREE HUNDRED THOUSAND AND NO/100 DOLLARS ($300,000.00) for any one accident, and ONE HUNDRED THOUSAND AND NO/100 DOLLARS ($100,000.00) for property damage.

Appears in 4 contracts

Samples: Professional Building Lease (Moore Solutions Inc), Professional Building Lease (Moore Solutions Inc), Lease (Moore Solutions Inc)

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Lessee to Obtain Liability Insurance. Lessee shall, at its own expense, at all times during the term of this lease, maintain in force a policy or policies of insurance, written by one or more responsible insurance carriers approved by Lessor, which will insure Lessor and Lessee against liability for injury to or death of persons or loss or of damage to property occurring in or about the demised premises. The liability under such insurance shall not be less than ONE HUNDRED THOUSAND AND NO/100 DOLLARS One Million Dollars ($100,000.001,000,000) for any one person killed or injured. THREE HUNDRED THOUSAND AND NO/100 DOLLARS , One Million Dollars ($300,000.001,000,000) for any one accident, and ONE HUNDRED THOUSAND AND NO/100 DOLLARS Five Hundred Thousand Dollars ($100,000.00500,000) for property damage.

Appears in 1 contract

Samples: Lease (International Telecommunication Data Systems Inc)

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Lessee to Obtain Liability Insurance. Lessee shall, at its own expense, at all times during the term of this leaseLease, maintain in force a policy or policies of insurance, written by one or more responsible insurance carriers approved by Lessor, which will insure Lessor and Lessee against liability for injury to or death of persons or loss or of damage to property occurring in or about the demised premises. The liability under such insurance shall not be less than ONE HUNDRED THOUSAND AND NO/100 DOLLARS One Million Dollars ($100,000.001,000,000) for any one person killed or injured. THREE HUNDRED THOUSAND AND NO/100 DOLLARS , One Million Dollars ($300,000.001,000,000) for any one accident, and ONE HUNDRED THOUSAND AND NO/100 DOLLARS Five Hundred Thousand Dollars ($100,000.00500,000) for property damage.

Appears in 1 contract

Samples: Lease (International Telecommunication Data Systems Inc)

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