Common use of LESSEE'S LIABILITY INSURANCE Clause in Contracts

LESSEE'S LIABILITY INSURANCE. The LESSEE shall maintain with respect to the leased premises and the property, of which the leased premises are a part, comprehensive public liability insurance in the amount as is now insured in responsible companies qualified to do business in Massachusetts and in good standing therein insuring the LESSOR as well as the LESSEE against injury to persons or damage to property as well as the LESSEE against injury to persons or damage to property as provided. The LESSEE shall deposit with the LESSOR certificates for such insurance at or prior to the commencement of the term, and thereafter within thirty (30) days prior to the expiration of any such policies. All such insurance certificates shall provide that such policies shall not be canceled without at lest ten (10) days prior written notice to each assured named therein.

Appears in 2 contracts

Samples: First Marblehead Corp, First Marblehead Corp

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LESSEE'S LIABILITY INSURANCE. The LESSEE shall maintain with respect to the leased premises and the property, property of which the leased premises are a part, part comprehensive public liability insurance in the amount as is now insured of 1 MILLION CSL with property damage insurance in limits of 1 MILLION CSL in responsible companies qualified to do business in Massachusetts New Hampshire and in good standing therein insuring the LESSOR as and well as the LESSEE against injury to persons or damage to property as well as the LESSEE against injury to persons or damage to property as provided. The LESSEE shall deposit with the LESSOR certificates for such insurance at or prior to the commencement of the term, and thereafter within thirty (30) days prior to the expiration of any such policies. All such insurance certificates shall provide that such policies shall not be canceled without at lest least ten (10) days prior written notice to each assured named therein.

Appears in 1 contract

Samples: Access Integrated Technologies Inc

LESSEE'S LIABILITY INSURANCE. The LESSEE shall maintain with respect to the leased premises and the property, of which the leased premises are a part, comprehensive public liability insurance in the amount as is now insured in responsible companies qualified to do business in Massachusetts and in good standing therein insuring the LESSOR as well as the LESSEE against injury to persons or damage to property as well as the LESSEE against injury to persons or damage to property as provided. The LESSEE shall deposit with the LESSOR certificates for such insurance at or prior to the commencement of the term, and thereafter within thirty (30) days prior to the expiration of any such policies. All such insurance certificates shall provide that such policies shall not be canceled without at lest least ten (10) days prior written notice to each assured named therein.

Appears in 1 contract

Samples: First Marblehead Corp

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LESSEE'S LIABILITY INSURANCE. The LESSEE shall maintain with respect to the leased premises Premises and the property, property of which the leased premises Premises are a part, comprehensive public part commercial general liability insurance in the amount as is now insured of $1,000,000 with property damage insurance in limits of $100,000 in responsible companies qualified to do business in Massachusetts and in good standing therein insuring the LESSOR as well as the LESSEE against injury to persons or damage to property as well as the LESSEE against injury to persons or damage to property as provided. LESSEE agrees to increase limits as LESSOR'S mortgagee reasonably requires. The LESSEE shall deposit with the LESSOR certificates for such insurance at or prior to the commencement of the termTerm, and thereafter within thirty (30) days prior to the expiration of any such policies. All such insurance certificates shall provide that such policies shall not be canceled without at lest least ten (10) days prior written notice to each assured named therein.

Appears in 1 contract

Samples: Exchange Applications Inc

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