Common use of Licensee’s Insurance Clause in Contracts

Licensee’s Insurance. Licensee, at its own expense (including deductibles), shall maintain in force at all times during the term of this Agreement, insurances including: (i) Commercial general liability insurance, on an occurrence basis, including coverage for premises, products/completed operations, personal injury, and contractual liability, with a minimum combined single limit of liability of Five Million and No/100 Dollars ($5,000,000.00) per occurrence and [annual aggregate coverage for bodily injury or property damage], insuring against liability of Licensee and its authorized agents, employees and/or representatives arising out of and in connection with Licensee’s use and occupancy of the Premises. Licensor shall be included as additional insured for claims arising out of Licensee’s use and occupancy of Property and Licensee’s insurers will waive rights of subrogation against Licensor to the extent of Licensee’s indemnity obligations herein. (ii) Workers’ compensation insurance as required by law for all Licensee’s employees; and Employer’s Liability insurance in an amount not less than $1,000,000 per accident/per employee. Licensee’s insurers will waive rights of subrogation against Licensor to the extent of Licensee’s indemnity obligations herein. (iii) Business automobile liability insurance, covering all owned, rented, leased, non-owned and hired vehicles used by Licensee in connection with the Premises with a combined single limit for bodily injury and property damage of $5,000,000 per occurrence. Licensor shall be included as additional insured for claims arising out of Licensee’s activities and Licensee’s insurers will waive rights of subrogation against Licensor to the extent of Licensee’s indemnity obligations herein.

Licensee’s Insurance. Licensee, at its own expense (including deductibles), shall maintain in force at all times during the term of this Agreement, insurances including: (i) Commercial general liability insurance, on an occurrence basis, including coverage for premises, products/completed operations, personal injury, and contractual liability, with a minimum combined single limit of liability of Five Million and No/100 Dollars ($5,000,000.00) per occurrence and [annual aggregate coverage for bodily injury or property damage], insuring against liability of Licensee and its authorized agents, employees and/or representatives arising out of and in connection with Licensee’s use and occupancy of the Premises. Licensor shall be included as additional insured for claims arising out of Licensee’s use and occupancy of Property and Licensee’s insurers will waive rights of subrogation against Licensor to the extent of Licensee’s indemnity obligations herein. (ii) Workers’ compensation insurance as required by law for all Licensee’s employees; and Employer’s Liability insurance in an amount not less than $1,000,000 per accident/per employee. Licensee’s insurers will waive rights of subrogation against Licensor to the extent of Licensee’s indemnity obligations herein. (iii) Business automobile liability insurance, covering all owned, rented, leased, non-owned and hired vehicles used by Licensee in connection with the Premises with a combined single limit for bodily injury and property damage of $5,000,000 per occurrence. Licensor shall be included as additional insured for claims arising out of Licensee’s activities and Licensee’s insurers will waive rights of subrogation against Licensor to the extent of Licensee’s indemnity obligations herein.

Licensee’s Insurance. Licensee, at its own expense (including deductibles), shall maintain in force at all times during the term of this Agreement, insurances including: (i) Commercial general liability insurance, on an occurrence basis, including coverage for premises, products/completed operations, personal injury, and contractual liability, with a minimum combined single limit of liability of Five Million and No/100 Dollars ($5,000,000.00) per occurrence and [annual aggregate coverage for bodily injury or property damage], insuring against liability of Licensee and its authorized agents, employees and/or representatives arising out of and in connection with Licensee’s use and occupancy of the Premises. Licensor shall be included as additional insured for claims arising out of Licensee’s use and occupancy of Property and Licensee’s insurers will waive rights of subrogation against Licensor to the extent of Licensee’s indemnity obligations herein. (ii) Workers’ compensation insurance as required by law for all Licensee’s employees; and Employer’s Liability insurance in an amount not less than $1,000,000 per accident/per employee. Licensee’s insurers will waive rights of subrogation against Licensor to the extent of Licensee’s indemnity obligations herein. (iii) Business automobile liability insurance, covering all owned, rented, leased, non-owned and hired vehicles used by Licensee in connection with the Premises with a combined single limit for bodily injury and property damage of $5,000,000 per occurrence. Licensor shall be included as additional insured for claims arising out of Licensee’s activities and Licensee’s insurers will waive rights of subrogation against Licensor to the extent of Licensee’s indemnity obligations herein. (iv) “All Risk” Property Insurance covering all of Licensee’s equipment, personal property and tools. Such insurance shall cover all property at full replacement value. (v) Licensee shall utilize insurance companies that are rated no less than “A-, VII” by A.M. Best or equivalent rating agency and Licensee will endeavor to provide a thirty (30) day notice of cancellation or non-renewal to Licensor. Policies of Licensee shall be primary and non-contributory to any insurance carried by or available to Licensor in respect to Licensee’s indemnity obligations herein. Licensee shall provide Licensor a certificate of such insurance prior to occupancy and/or use of the Property and annually within 15 days of renewal.

Licensee’s Insurance. Licensee, at its own expense (including deductibles), shall maintain in force at all times during the term of this Agreement, insurances including: (i) Commercial general liability insurance, on an occurrence basis, including coverage for premises, products/completed operations, personal injury, and contractual liability, with a minimum combined single limit of liability of Five Million and No/100 Dollars ($5,000,000.00) per occurrence and [annual aggregate coverage for bodily injury or property damage], insuring against liability of Licensee and its authorized agents, employees and/or representatives arising out of and in connection with Licensee’s use and occupancy of the Premises. Licensor shall be included as additional insured for claims arising out of Licensee’s use and occupancy of Property and Licensee’s insurers will waive rights of subrogation against Licensor to the extent of Licensee’s indemnity obligations herein. (ii) Workers’ compensation insurance as required by law for all Licensee’s employees; and Employer’s Liability insurance in an amount not less than $1,000,000 per accident/per employee. Licensee’s insurers will waive rights of subrogation against Licensor to the extent of Licensee’s indemnity obligations herein. (iii) Business automobile liability insurance, covering all owned, rented, leased, non-owned and hired vehicles used by Licensee in connection with the Premises with a combined single limit for bodily injury and property damage of $5,000,000 per occurrence. Licensor shall be included as additional insured for claims arising out of Licensee’s activities and Licensee’s insurers will waive rights of subrogation against Licensor to the extent of Licensee’s indemnity obligations herein. (iv) “All Risk” Property Insurance covering all of Licensee’s equipment, personal property and tools. Such insurance shall cover all property at full replacement value. (v) Licensee shall utilize insurance companies that are rated no less than “A-, VII” by A.M. Best or equivalent rating agency and Licensee will endeavor to provide a thirty (30) day notice of cancellation or non-renewal to Licensor. Policies of Licensee shall be primary and non-contributory to any insurance carried by or available to Licensor in respects to Licensee’s indemnity obligations herein. Licensee shall provide Licensor a certificate of such insurance prior to occupancy and/or use of the Property and annually within 15 days of renewal.