Liability Insurance-Tenant Sample Clauses
The Liability Insurance-Tenant clause requires the tenant to obtain and maintain liability insurance coverage during the term of the lease. This insurance typically covers claims for bodily injury or property damage that may occur on the leased premises, protecting both the tenant and landlord from potential lawsuits or financial losses. By mandating such coverage, the clause ensures that there are financial resources available to address accidents or incidents, thereby allocating risk and safeguarding both parties from unforeseen liabilities.
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Liability Insurance-Tenant at Tenant's expense, agrees to keep in force during the term of this Lease a policy of commercial general liability insurance with combined single limit coverage of not less than Two Million Dollars ($2,000,000) per occurrence for bodily injury and property damage occurring in, on or about the Premises, including parking and landscaped areas. Such insurance shall be primary and noncontributory as respects any insurance carried by Landlord. The policy or policies effecting such insurance shall name Landlord as additional insureds, and shall insure any liability of Landlord, contingent or otherwise, as respects acts or omissions of Tenant, its agents, employees or invitees or otherwise by any conduct or transactions of any of said persons in or about or concerning the Premises, including any failure of Tenant to observe or perform any of its obligations hereunder; shall be issued by an insurance company admitted to transact business in the State of California; and shall provide that the insurance effected thereby shall not be canceled, except upon thirty (30) days' prior written notice to Landlord. A certificate of insurance of said policy shall be delivered to Landlord. If, during the term of this Lease, in the considered opinion of Landlord's Lender, insurance advisor, or counsel, the amount of insurance described in this Paragraph 10 is not adequate, Tenant agrees to increase said coverage to such reasonable amount as Landlord's Lender, insurance advisor, or counsel shall deem adequate.
Liability Insurance-Tenant. Prior to the earlier of the Commencement Date or Tenant’s occupancy of the Premises, Tenant, at its own expense, shall obtain from and shall thereafter keep in force with companies Initials: PD/VV KH/MN reasonably acceptable to Landlord, commercial general liability insurance applying to the use and occupancy of the Premises, or any areas adjacent thereto, and the business operated by Tenant or any other occupant on the Premises. Such insurance shall:
(a) be with a good and solvent insurance company authorized to do business in the State of California, having a minimum rating of A:X in Best’s Insurance Guide;
(b) include broad form contractual liability coverage specifically insuring all of Tenant’s indemnity obligations under this Lease;
(c) have a minimum combined single limit of at least $1,000,000 for any one occurrence and $2,000,000 aggregate;
(d) be written to apply to all bodily injury, property damage, personal injury and other covered loss, however occasioned, occurring during the policy term, and afford coverage for all claims based on acts, omissions, injury and damage, which claims occurred or arose (or the onset of which occurred or arose) in whole or in part during the policy period;
(e) provide for severability of interests or a cross-liability provision or endorsement;
(f) name Landlord as additional insured and provide that coverage is primary and non-contributing with any insurance carried by Landlord;
(g) be endorsed to delete any liquor liability exclusion if Tenant will sell liquor on the Premises;
(h) include an endorsement stating that the policy limits apply “per location” if Tenant has more than one location;
(i) be endorsed to provide that it shall not be canceled without thirty (30) days prior written notice to Landlord.
(j) In addition, Tenant shall maintain automobile liability insurance with limits of not less than $1,000,000 per occurrence for any owned, non-owned or hired automobile exposures of the Tenant, if applicable. Such insurance may be furnished by Tenant under a blanket policy, provided that such blanket policy references the Premises and guarantees that a minimum limit equal to the insurance amounts required by this Lease will be available specifically for the Premises. No policy of insurance under this Section 11.1 shall provide for a deductible in excess of Ten Thousand Dollars ($10,000.00), which deductible amount shall be and remain the obligation of the Tenant. The policy limits herein specified shall be incr...
Liability Insurance-Tenant. Tenant shall, at all Tenant’s expense, obtain and keep in force during the term of this Lease a policy of Comprehensive General Liability insurance utilizing and Insurance Services Office Standard form with Broad Form General Liability Endorsement (GLO404), or equivalent, in an amount of not less than $1,000,000 per occurrence of bodily injury and property damage combined or in a greater amount as reasonably determined by Landlord and shall insure Tenant with Landlord as an additional insured against liability arising our of the use, occupancy or maintenance of the Premises Compliance with the above requirement shall not however limit the liability of Tenant hereunder.
Liability Insurance-Tenant. Tenant shall, at Tenant's sole expense, obtain and keep in force during the term hereof a policy of bodily injury and property damage insurance, insuring Tenant and Landlord against any liability arising out of the use, occupancy or maintenance of the Property and the parking areas, walkways, driveways, landscaped areas and other areas exterior to the Property and appurtenant thereto. Such insurance shall be in an amount not less than THREE MILLION DOLLARS ($3,000,000.00) combined single limit, THREE MILLION DOLLARS ($3,000,000.00) per person, THREE MILLION DOLLARS ($3,000,000.00) per accident for bodily injury, and THREE MILLION DOLLARS ($3,000,000.00) property damage. The policy shall insure performance by Tenant of the indemnity provisions of this Section 8. The limits of said insurance shall not, however, limit the liability of Tenant hereunder. Upon demand, Tenant shall provide Landlord, at Landlord's expense, with such increased amounts of insurance as Landlord may reasonably require to afford Landlord adequate protection for risks insured under this Section 8. Tenant, as a material part of the consideration to Landlord, hereby assumes all risk of damage to property or injury to persons, in, upon or about the Property arising from any cause and Tenant hereby waives all claims in respect thereof against Landlord.
Liability Insurance-Tenant. Tenant shall at Tenant’s expense, obtain and keep in force during the Term of this Lease (and any period prior to the Term of the Lease during which Tenant enters the Premises to conduct any fixturization or improvement work, and any period of occupancy after the Term of the Lease) a policy of Commercial General Liability Insurance, or equivalent, with limits of not less than Two Million Dollars ($2,000,000.00) per occurrence of death, bodily injury, personal injury and property damage combined (including $100,000 fire legal liability (each loss)) or in a greater amount as reasonably determined by Landlord and shall insure Tenant, with Landlord, BioMed Realty, L.P., BioMed Realty Trust, Inc. and Landlord’s property manager and any other party Landlord specifies as additional insureds, against liability arising out of the use, occupancy and/or maintenance of the Premises. Such insurance shall include a Broad Form Commercial General Liability Endorsement covering the insuring provisions of this Lease and the performance by Tenant of the indemnity obligations provided in Section 7.7 below. Compliance with the above requirement shall not, however, limit the liability of Tenant hereunder.
Liability Insurance-Tenant. Tenant agrees to purchase at its own ---------------------------- expense and to keep in force during the term of this Lease, a policy or policies of comprehensive liability insurance, including public liability and property damage (but excepting from the policy coverage, injuries or damage to persons or property resulting from the negligence of Landlord or from Landlord's breach of any of Landlord's covenants in this Lease). Tenant agrees to purchase special environmental liability insurance in order to adequately cover any risk which is caused, by Tenant's operations.
Liability Insurance-Tenant. Without limiting the insurance requirements contained in Exhibit “D” attached hereto, Tenant shall, at all Tenant’s expense, obtain and keep in force during the term of this Lease a policy of Comprehensive General Liability insurance utilizing an Insurance Services Office Standard Form with Broad Form General Liability Endorsement, in an amount of not less than $1,000,000 per occurrence of bodily injury and property damage combined or in a greater amount as reasonably determined by Landlord and shall insure Tenant with Landlord and Landlord’s asset management and property management companies as an additional insureds against liability arising out of the use, occupancy or maintenance of the Premises. Compliance with the above requirement shall not limit the liability of Tenant hereunder.
Liability Insurance-Tenant. Tenant shall at Tenant's expense, obtain and keep in force during the Term of this Lease (and any period prior to the Term of the Lease during which Tenant enters the Premises to conduct any fixturization or improvement work) a policy of Commercial General Liability Insurance, or equivalent, in an amount of not less than Two Million Dollars ($2,000,000.00) per occurrence of bodily injury, personal injury and property damage combined or in a greater amount as reasonably determined by Landlord and shall insure Tenant, with Landlord and Landlord's property manager and any other party Landlord specifies as additional insureds, against liability arising out of the use, occupancy and/or maintenance of the Premises. Such insurance shall include a Broad Form Commercial General Liability Endorsement covering the insuring provisions of this Lease and the performance by Tenant of the indemnity obligations provided in Section 7.7 below. Compliance with the above requirement shall not, however, limit the liability of Tenant hereunder.
Liability Insurance-Tenant. Prior to the earlier of the Commencement Date or Tenant's occupancy of the Premises (the "Insurance Start Date"), Tenant, at Tenant's expense, shall obtain and keep in force during the Term, commercial general liability insurance applying to the use and occupancy of the Premises (including Tenant’s repair and maintenance obligations hereunder) and the business operated by Tenant on the Premises. Such insurance shall (a) be with an insurance company authorized to do business in the State of California, having a minimum rating of A:X in Best's Insurance Guide (an "Acceptable Insurance Company"); (b) include broad form contractual liability coverage; (c) have a minimum of at least $1,000,000 for any one occurrence and $2,000,000 aggregate; (d) be written on an occurrence form to apply to all bodily injury, property damage, personal injury and other covered loss occurring during the policy term;
Liability Insurance-Tenant. Tenant agrees to purchase at its own expense and to keep in force during the Lease Term, a policy or policies of premises liability insurance, including public liability and property damage. The liability under such insurance shall not be less than Two Million Dollars ($2,000,000) combined single limit for each occurrence, Three Million Dollars ($3,000,000) aggregate coverage and a Five Million Dollar ($5,000,000) umbrella. Said insurance policy shall contain an endorsement (CG2026 or equivalent), signed by the insurance company, naming Landlord, its officers, elected officials, employees, agents, contractors and consultants as an additional insured. Said policy shall be primary insurance over any policy or policies obtained by Landlord insuring the same risks. Said policy (including endorsement) shall include a waiver of subrogation in favor of Landlord. Tenant shall notify Landlord of any potential cancellation or material modification of Tenant’s insurance policies of which Tenant has knowledge at least thirty (30) days before any such insurance shall be cancelled or modified.
