Common use of Lessor's Liability Insurance Clause in Contracts

Lessor's Liability Insurance. At all times during the Lease Term, Lessor shall maintain a policy of comprehensive general liability insurance naming Lessor (and such others as designated by Lessor) against liability for bodily injury, property damage on our about the Premises, with combined single limit coverage in an amount determined by Lessor in its sole discretion. Lessee, in addition to the rent and other charges provided herein, agrees to pay to Lessor the premiums for all such insurance. The insurance premiums shall be paid in accordance with Article IV, within (15) days of Lessor's delivery of a copy of Lessor's statement therefore.

Appears in 4 contracts

Samples: Building Lease (Fortune Diversified Industries Inc), Building Lease (Fortune Diversified Industries Inc), Building Lease (Fortune Diversified Industries Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!