Common use of Sublessee’s Property Clause in Contracts

Sublessee’s Property. Sublessee shall be solely responsible for insuring its own property on the Premises. Sublessor shall not be responsible for loss or damage to the personal property of Sublessee, its sublessees, employees, customers, or invitees, in the absence of the receipt of an insurance payment by Sublessor attributable to such loss (in which event said payment shall be delivered forthwith to Sublessee), or unless such loss or damage was occasioned by the willful misconduct of Sublessor, its agents, servants, or employees; but subject in any event to Section 4.2.

Sublessee’s Property. Sublessee shall be solely responsible for insuring its own property on the Subleased Premises. Sublessor shall not be responsible for loss or damage to the personal property of Sublessee, its sublessees, employees, customersagents, contractors, customers or invitees, in the absence of the receipt of an insurance payment by Sublessor attributable to such loss (in which event said payment shall be delivered forthwith to Sublessee), or unless such loss or damage was occasioned by the willful misconduct intentional or grossly negligent act of Sublessor, its agents, servants, servants or employees; but subject in any event to Section 4.2.