Manager’s Insurance. Manager shall obtain and maintain: (a) Comprehensive crime/fidelity coverage in the amount of $1,000,000 and shall name Owner as loss payee. (b) All-risks property insurance on a full replacement cost basis covering Manager’s personal property on the Premises. (c) Worker’s Compensation insurance as required by statute. (d) Employer’s Liability insurance in the amount of $1,000,000 each accident. (e) Automobile Liability insurance in the amount of $1,000,000 each occurrence.
Appears in 5 contracts
Samples: Property Management and Leasing Agreement (Hines Global REIT, Inc.), Property Management and Leasing Agreement (Hines Global REIT, Inc.), Property Management and Leasing Agreement (Hines Real Estate Investment Trust Inc)
Manager’s Insurance. Manager shall obtain and maintain:
(a) Comprehensive crime/fidelity coverage in the amount of $1,000,000 and shall name Owner as loss payee.
(b) All-risks property insurance on a full replacement cost basis covering Manager’s 's personal property on the Premises.
(c) Worker’s 's Compensation insurance as required by statute.
(d) Employer’s 's Liability insurance in the amount of $1,000,000 each accident.
(e) Automobile Liability insurance in the amount of $1,000,000 each occurrence.
Appears in 2 contracts
Samples: Property Management and Leasing Agreement (Hines Real Estate Investment Trust Inc), Property Management and Leasing Agreement (Hines Real Estate Investment Trust Inc)
