Common use of Liability Insurance and Indemnity Clause in Contracts

Liability Insurance and Indemnity. 7.1 In addition to any insurance which Tenant deems necessary to protect Tenant's interests, Tenant shall, at Tenant's expense, secure and maintain during the term and any extended term of this lease, liability insurance with an insurance company satisfactory to Owner, with Tenant and Owner as named insureds, in amounts not less than $1,000,000 per person, $1,000,000 per occurrence for all persons and $500,000 for property damage. Tenant may, in lieu of delivering the original policies of insurance, deliver to Owner insurance company certificates evidencing the coverage. The requirement of the liability insurance notwithstanding, Owner shall not be liable for any injury or damage to persons or property occurring in or about the premises, and Tenant shall save Owner harmless from responsibility for any and all such injuries and for all such damage arising from any cause whatsoever. Owner shall be under no liability to Tenant arising from any discontinuance of heat or water, or both, caused by accident, by breakage, by strike, or otherwise. Owner shall not be liable for loss of or damage to the property of Tenant caused by rain, snow, water or steam that may leak into or flow from any part of the premises as a result of any defect in the roof or plumbing or any cause whatsoever, or for loss or damage caused by the handling of electric wires or lights. 7.2 If the Tenant shall fail, refuse or neglect to obtain such insurance or to maintain the same, and furnish the Owner with proof of the same upon demand, the Owner shall have the right, in addition to other remedies, to procure such insurance and to add the cost thereof to any rental or other sums payable under this lease, and the amount thereof shall be payable to the Owner on demand with lawful interest thereon. 7.3 Tenant shall cause any policy or certificate of insurance required by this lease to be issued promptly upon any renewal or extension of such coverage showing the Owner as insured.

Liability Insurance and Indemnity. 7.1 In addition to any insurance which Xxxxxxxx will indemnify and save harmless Tenant deems necessary to protect Tenant's interests, Tenant shall, at Tenant's expense, secure and maintain during the term and any extended term of this lease, liability insurance with an insurance company satisfactory to Owner, with Tenant and Owner as named insureds, in amounts not less than $1,000,000 per person, $1,000,000 per occurrence for all persons and $500,000 for property damage. Tenant may, in lieu of delivering the original policies of insurance, deliver to Owner insurance company certificates evidencing the coverage. The requirement of the liability insurance notwithstanding, Owner shall not be liable for any injury or damage to persons or property occurring in or about the premises, and Tenant shall save Owner harmless from responsibility for any and all such injuries and for all such damage liability, damage, loss, expense, cause of action, suits, claims, or judgments arising from any cause whatsoeverinjury to person or property including, without limitation, environmental liabilities in its building, or upon the adjoining sidewalks, or otherwise resulting from it acts or omissions. Owner shall be under no Tenant covenants that it will keep in force at its own expense at all times during the original and all renewal terms of this Lease in companies and in form acceptable to Landlord with respect to the Leased Premises liability insurance covering Landlord and Tenant as named insureds with combined minimum limits of One Million Dollars ($1,000,000) per occurrence and property insurance covering Tenant’s personal property contained within the Leased Premises. Landlord covenants that it will keep in force at its own expense at all times during the original and all renewal terms of this Lease in companies and in form acceptable to Tenant arising from with respect to its building liability insurance covering Landlord and Tenant as named insureds with combined minimum limits of One Million Dollars ($1,000,000) per occurrence and property insurance covering its building. Either party shall deliver a certificate of insurance showing such policies to be in place upon request of the other, and either party may procure such policies at the expense of the other if a party refuses to do so. Landlord and Tenant hereby agree that to the extent that a loss is covered by insurance, including any discontinuance deductible, they hereby waive any and all rights of heat or water, or both, caused by accident, by breakage, by strike, or otherwise. Owner shall not be liable recovery against each other for any loss of or damage to the property Leased Premises or the contents contained therein, for loss of Tenant caused by rain, snow, water income on account of fire or steam that may leak into or flow from any part of the premises as a result of any defect in the roof or plumbing or any cause whatsoeverother casualty, or for loss injuries sustained on the Leased Premises or damage caused the common areas; each party's aforesaid policies of insurance shall contain appropriate provisions recognizing this mutual release and waiving all rights of subrogation by the handling of electric wires or lightsrespective insurance carriers. 7.2 If the Tenant shall fail, refuse or neglect to obtain such insurance or to maintain the same, and furnish the Owner with proof of the same upon demand, the Owner shall have the right, in addition to other remedies, to procure such insurance and to add the cost thereof to any rental or other sums payable under this lease, and the amount thereof shall be payable to the Owner on demand with lawful interest thereon. 7.3 Tenant shall cause any policy or certificate of insurance required by this lease to be issued promptly upon any renewal or extension of such coverage showing the Owner as insured.

Liability Insurance and Indemnity. 7.1 In addition to any insurance which Tenant deems necessary to protect Tenant's interests, Tenant shall, at Tenant's expense, secure and maintain during the term and any extended term of this lease, liability insurance with an insurance company satisfactory to Owner, with Tenant and Owner as named insuredsinsured, in amounts not less than $1,000,000 500,000.00 per person, $1,000,000 1,000,000.00 per occurrence for all persons and $500,000 100,000.00 for property damage. Tenant may, in lieu of delivering the original policies of insurance, deliver to Owner insurance company certificates evidencing the coverage. The requirement requirements of the liability insurance notwithstanding, Owner shall not be liable for any injury or damage to persons or property occurring in or about the premises, and Tenant shall save Owner harmless from responsibility for any and all such injuries and for all such damage arising from any cause whatsoever. Owner shall be under no liability to Tenant arising from any discontinuance of heat or water, or both, caused by accident, by breakage, by strike, or otherwise. Owner shall not be liable for loss of or damage to the property of Tenant caused by rain, snow, water or steam that may leak into or flow from any part of the premises as a result of any defect in the roof or of plumbing or any cause whatsoever, or for loss or damage caused by the handling of electric wires or lights. Owner is liable for damage caused to Tenant if premises is not properly maintained and roof water is cause of damage. 7.2 If the Tenant shall fail, refuse or neglect to obtain such insurance or to maintain the same, and furnish the Owner with proof of the same upon demand, the Owner shall have the right, in addition to other remedies, right to procure such insurance and to add the cost thereof to any rental or other sums payable under this lease, and the amount thereof shall be payable to the Owner on demand with lawful interest thereon. 7.3 Tenant shall cause any policy or certificate of insurance required by this lease to be issued promptly upon any renewal or extension of such coverage showing the Owner as insured.

Liability Insurance and Indemnity. 7.1 In addition to any insurance which Tenant deems necessary to protect Tenant's interests, Tenant shall, at Tenant's expense, secure and maintain during the term Rental Term, Preliminary Term, and any extended term Rental Term extension or renewal thereof, keep in full force and effect a policy of this lease, commercial general liability insurance with respect to the Leased Premises, with a combined single limit of not less than Two Million Dollars ($2,000,000.00) per occurrence. The policy shall name Landlord, property manager (i.e., Woodbury Corporation) and any other persons, firms or corporations designated by Landlord and Tenant as named “Additional Insured(s)”, and shall contain a clause that the insurer shall not cancel or change the insurance without first giving Landlord ten (10) days prior written notice. Such insurance shall include an endorsement permitting Landlord and property manager to recover damage suffered due to act or omission of Tenant, notwithstanding being named as an Additional Insured party in such policies. Such insurance may be furnished by Tenant under any blanket policy carried by it or under a separate policy therefor. The insurance shall be with an insurance company satisfactory approved by Landlord and a copy of the paid-up policy evidencing such insurance or a certificate of insurer certifying to Ownerthe issuance of such policy shall be delivered to Landlord. If Tenant fails to provide such insurance, with Tenant Landlord may do so and Owner as named insureds, in amounts not less than $1,000,000 per person, $1,000,000 per occurrence for all persons and $500,000 for property damagecharge the same to Tenant. Tenant mayshall indemnify, in lieu of delivering the original policies of insurance, deliver to Owner insurance company certificates evidencing the coverage. The requirement of the liability insurance notwithstanding, Owner shall not be liable for any injury or damage to persons or property occurring in or about the premises, defend and Tenant shall save Owner hold Landlord harmless from responsibility for and against any and all such injuries claims, actions, damages, liability and for all such expense in connection with loss of life, personal injury and/or damage to property arising from or out of any cause whatsoever. Owner shall be under no liability to occurrence in, upon or at the Leased Premises or from the occupancy or use by Tenant arising from of the Leased Premises or any discontinuance of heat or waterpart thereof, or bothoccasioned wholly or in part by any act or omission of Tenant, caused by accidentits agents, by breakagecontractors, by strikeemployees, servants, sublessees, concessionaires or otherwise. Owner shall not be liable for loss of or damage to the property of Tenant caused by rain, snow, water or steam that may leak into or flow from any part of the premises as a result of any defect in the roof or plumbing or any cause whatsoever, or for loss or damage business invitees unless caused by the handling negligence of electric wires Landlord and to the extent not covered by its casualty or lights. 7.2 If the liability insurance. In case Landlord shall, without fault of its part, be made a party to any litigation commenced by or against Tenant, then Tenant shall failprotect and hold Landlord harmless and shall pay all costs, refuse expenses and reasonable attorneys’ fees incurred or neglect to obtain such insurance paid by either in defending itself or to maintain enforcing the same, covenants and furnish the Owner with proof agreements of the same upon demand, the Owner shall have the right, in addition to other remedies, to procure such insurance and to add the cost thereof to any rental or other sums payable under this lease, and the amount thereof shall be payable to the Owner on demand with lawful interest thereonLease. 7.3 Tenant shall cause any policy or certificate of insurance required by this lease to be issued promptly upon any renewal or extension of such coverage showing the Owner as insured.