Common use of Premises Insurance Clause in Contracts

Premises Insurance. Landlord, shall at Landlord’s expense, procure and maintain at all times during the term of this Lease a policy or policies of insurance covering loss or damage to the Premises in the amount of the full replacement value thereof (exclusive of Tenant’s trade fixtures, equipment and contents), providing protection against all perils included within the classification of fire, extended coverage, vandalism, mischief, sprinkler leakage and special extended peril (all-risk insurance). Tenant shall self-insure or carry, at Tenant’s expense, general liability insurance.

Premises Insurance. LandlordLandlord shall, shall at Landlord’s expenseexpense and as Landlord deems appropriate, procure and maintain at all times during the term of this Lease a policy or policies of insurance covering loss or damage to the Premises in the amount of the full replacement value thereof (exclusive of Tenant’s trade fixtures, equipment and contents), providing protection against all perils included within the classification of fire, extended coverage, vandalism, mischief, sprinkler leakage and special extended peril (all-risk insurance). Landlord may self-insure. Tenant shall self-self- insure or carry, at Tenant’s expense, general liability insurance.