Common use of Public Liability and Workers' Compensation Insurance Clause in Contracts

Public Liability and Workers' Compensation Insurance. (a) During the Lease Term, the Lessee shall procure and carry, at the Lessee's sole cost and expense, commercial general liability insurance for claims for injuries or death sustained by persons or damage to property while on the Properties and such other public liability coverages as are ordinarily procured by the Lessee or its Affiliates who own or operate similar properties, but in any case shall provide liability coverage of at least combined single limit for bodily injury or property damage, $5,000,000 per occurrence and aggregate. Such insurance shall be on terms and in amounts that are no less favorable than insurance maintained by the Lessee or such Affiliates with respect to similar properties that they own and that are in accordance with normal industry practice. The policy shall be endorsed to name the Lessor as additional insured. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which the Lessor may have in force.

Appears in 3 contracts

Samples: Execution Copy (Symantec Corp), Symantec Corp, Symantec Corp

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Public Liability and Workers' Compensation Insurance. (a) During the Lease Term, the Lessee shall procure and carry, at the Lessee's sole cost and expense, commercial general liability insurance for claims for injuries or death sustained by persons or damage to property while on the Properties and such other public liability coverages as are ordinarily procured by the Lessee or its Affiliates who own or operate similar properties, but in any case shall provide liability coverage of at least combined single limit $2,000,000 per person and $1,000,000 for bodily injury or property damage, $5,000,000 damage per occurrence and aggregateoccurrence. Such insurance shall be on terms and in amounts that are no less favorable than insurance maintained by the Lessee or such Affiliates with respect to similar properties that they own and that are in accordance with normal industry practice. The policy shall be endorsed to name include the Lessor and the Lender as additional insuredinsureds. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which the Lessor or the Lender may have in force.

Appears in 2 contracts

Samples: Master Lease (Cisco Systems Inc), Master Lease (Electronics for Imaging Inc)

Public Liability and Workers' Compensation Insurance. (a) During the Lease Term, the each Lessee shall procure and carry, or cause to be procured and carried, at the such Lessee's sole cost and expense, commercial general liability insurance for claims for injuries or death sustained by persons or damage to property while on the Properties its Property and such other public liability coverages as are ordinarily procured by the such Lessee or its Affiliates who own or operate similar properties, but in any case shall provide liability coverage of at least combined single limit for bodily injury or property damage, $5,000,000 1,000,000 per occurrence and $2,000,000 in aggregate. Such insurance shall be on terms and in amounts that are no less favorable than insurance maintained by the such Lessee or such Affiliates with respect to similar properties that they own and that are in accordance with normal industry practice. The policy shall be endorsed to name the Lessor Lessor, each Participant, the Lease Agent and the Collateral Agent as additional insuredinsureds. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which the Lessor or any Participant may have in force.

Appears in 1 contract

Samples: Master Lease (Multicare Companies Inc)

Public Liability and Workers' Compensation Insurance. (a) During the Lease Term, the Lessee Lessees shall procure and carry, at the Lessee's their sole cost and expense, commercial general liability insurance for claims for injuries or death sustained by persons or damage to property while on the Properties and such other public liability coverages as are ordinarily procured by the Lessee Company or its Affiliates who own or operate similar properties, but in any case shall provide liability coverage of at least combined single limit for bodily injury or property damage, $5,000,000 per occurrence person and aggregate$5,000,000 for property damage per occurrence, subject to normal levels of self-insurance maintained by the Company. Such insurance shall be on terms and in amounts that are no less favorable than insurance maintained by the Lessee Company or such Affiliates with respect to similar properties that they own and that are in accordance with normal industry practiceown. The policy shall be endorsed to name the Administrative Agent, the Lessor and each Participant as additional insuredinsureds. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which the Administrative Agent, the Lessor or any Participant may have in force.

Appears in 1 contract

Samples: Participation Agreement (Cardinal Health Inc)

Public Liability and Workers' Compensation Insurance. (a) During the Lease Term, the Lessee shall procure and carry, at the Lessee's sole cost and expense, commercial general liability insurance for claims for injuries or death sustained by persons or damage to property while on the Properties Property and such other public liability coverages as are ordinarily procured by the Lessee or its Affiliates who own or operate similar properties, but in any case shall provide liability coverage of at least combined single limit for bodily injury or property damage, that is (i) in an amount not less than $5,000,000 2 million per occurrence and aggregate. Such insurance shall be $10 million in the aggregate and (ii) on terms and in amounts that are no less favorable than insurance maintained by the Lessee or such Affiliates with respect to similar properties that they own and that are in accordance with normal industry practice. The policy shall be endorsed to name the Lessor and each Lender as additional insuredinsureds. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which the Lessor or any Lender may have in force.

Appears in 1 contract

Samples: Electronics for Imaging Inc

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Public Liability and Workers' Compensation Insurance. (a) During the Lease Term, the Lessee shall procure and carry, at the Lessee's sole cost and expense, commercial general liability insurance for claims for injuries or death sustained by persons or damage to property while on the Properties Property and such other public liability coverages as are ordinarily procured by the Lessee or its Affiliates who own or operate similar properties, but in any case shall provide liability coverage of at least combined single limit $2,000,000 per person and $1,000,000 for bodily injury or property damage, $5,000,000 damage per occurrence and aggregateoccurrence. Such insurance shall be on terms and in amounts that are no less favorable than insurance maintained by the Lessee or such Affiliates with respect to similar properties that they own and that are in accordance with normal industry practice. The policy shall be endorsed to name include the Lessor as an additional insured. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which the Lessor may have in force.

Appears in 1 contract

Samples: Master Lease (Electronics for Imaging Inc)

Public Liability and Workers' Compensation Insurance. (a) During the Lease Term, the Lessee shall procure and carry, at the Lessee's ’s sole cost and expense, commercial general liability insurance for claims for injuries or death sustained by persons or damage to property while on the Properties Property and such other public liability coverages as are ordinarily procured by the Lessee or its Affiliates who own or operate similar properties, but in any case shall provide liability coverage of at least combined single limit $2,000,000 per person and $1,000,000 for bodily injury or property damage, $5,000,000 damage per occurrence and aggregateoccurrence. Such insurance shall be on terms and in amounts that are no less favorable than insurance maintained by the Lessee or such Affiliates with respect to similar properties that they own and that are in accordance with normal industry practice. The policy shall be endorsed to name include the Lessor as an additional insured. The policy shall also specifically provide that the policy shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which the Lessor may have in force.

Appears in 1 contract

Samples: Master Lease (Electronics for Imaging Inc)

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