Tenant Insurance Requirements. For so long as this Lease shall remain in effect, Tenant, at its sole cost and expense and for the benefit of the Landlord, shall purchase and maintain the insurance coverages and comply with the insurance terms and conditions with respect to the Facility Premises, including, without limitation, any construction, use and operation thereof, as set forth on Exhibit D, attached hereto and incorporated herein by this reference. Prior to the entry within the Facility Premises, Tenant shall furnish Landlord with certificates of the policies together with proof of payment of the premium thereof and shall, upon expiration of the term of any such policies similarly furnished to Landlord a certificate of such renewal policy with proof of payment of the premium thereof. Tenant’s commercial general liability policy shall include contractual liability on a blanket or specific basis to cover the Tenant indemnification obligations in Section 14 hereof. Tenant’s commercial general liability policy shall also include coverage against the claims of any and all persons for bodily injuries, death and property damage arising out of the use or occupancy of the Facility Premises by Tenant, its officers, employees, agents, subtenants, guests, patrons or invitees. Tenant’s commercial general liability and automobile liability policies shall name Landlord as additional insured and shall contain a standard cross-liability provision and shall stipulate that no insurance held by Landlord will be called upon to contribute to a loss covered thereunder. Landlord shall have no liability for any premium charges for such coverage, and the inclusion of Landlord as an additional insured is not intended to, and shall not make Landlord a partner or joint venturer with Tenant in Tenant’s activities in the Facility Premises. Such policies shall be for full coverage with any deductibles and/or retentions subject to approval by Landlord and shall contain provisions on the part of the respective insurers waiving the right of subrogation against Landlord. A copy of the above policies, plus certificates evidencing the existence thereof, shall be delivered to Landlord upon its request. If Tenant does not maintain any of the coverage required hereunder, Landlord may purchase such coverage and charge all premiums to Tenant, who shall pay such premiums back immediately. However, there is no obligation on the part of Landlord to purchase any of these coverages. The insurance provided by the Tenant shall ap...
Tenant Insurance Requirements. Tenant shall procure at its cost and expense and keep in effect during the Term the following insurance:
(i) Commercial general liability insurance with respect to the Premises and Project on an occurrence form, including contractual liability, with a minimum combined single limit of liability of Eight Million Dollars ($8,000,000) per occurrence. The limits of such insurance shall not limit the liability of Tenant hereunder, and Tenant is responsible for ensuring that the amount of liability insurance carried by Tenant is sufficient for Tenant’s purposes.
(ii) Business interruption insurance, insuring Tenant for a period of twelve (12) months against losses arising from the interruption of Tenant’s business, and for lost profits, and charges and expenses which continue but would have been earned if the business had gone on without interruption, insuring against such perils, in such form and with such deductible amounts as are commercially reasonable.
Tenant Insurance Requirements. Tenant shall procure at its cost and expense and keep in effect during the Term (and during the construction period for the Warm Shell Improvements and/or the Tenant Improvements) the following insurance:
(i) Commercial general liability insurance on an occurrence form, including contractual liability, with a minimum combined single limit of liability of Three Million Dollars ($3,000,000) per occurrence. Such insurance shall name Landlord, any Mortgagee, any ground lessor, and such other parties as Landlord may request as additional insureds, shall specifically include the liability assumed hereunder by Tenant, and shall provide that it is primary insurance, and not excess over or contributory with any other valid, existing and applicable insurance in force for or on behalf of Landlord, and shall provide that Landlord shall receive thirty (30) days' written notice from the insurer prior to any cancellation or change of coverage. The limits of such insurance shall not limit the liability of Tenant hereunder, and Tenant is responsible for ensuring that the amount of liability insurance carried by Tenant is sufficient for Tenant's purposes.
(ii) Business interruption insurance, insuring Tenant for a period of twelve (12) months against losses arising from the interruption of Tenant's business, and for lost profits, and charges and expenses which continue but would have been earned if the business had gone on without interruption, insuring against such perils, in such form and with such deductible amounts as are commercially reasonable;
Tenant Insurance Requirements. (i) Effective as of the earlier of: (x) the date Tenant enters or occupies the Premises; or (y) the Commencement Date, and continuing during the Lease Term, Tenant, at its expense, shall obtain and maintain in full force the following insurance coverage (subject to increases in coverage amounts and additional types of coverage, as reasonably determined by Landlord from time to time):
(1) Commercial general liability insurance which insures against claims for bodily injury, personal injury, advertising injury, and property damage based upon, involving, or arising out of the use, occupancy, or maintenance of the Premises. Such insurance shall afford, at a minimum, the following limits: Each Occurrence $1,000,000 General Aggregate $2,000,000 Products/Completed Operations Aggregate $1,000,000 Personal and Advertising Injury Liability $1,000,000 Fire Damage Legal Liability $100,000 Medical Payments $5,000 Any general aggregate limit shall apply on a per location basis. Tenant’s commercial general liability insurance shall include Landlord, its trustees, officers, directors, members, agents, and employees, Landlord’s mortgagees, and Landlord’s representatives, as additional insureds. This coverage shall be written on the most current ISO CGL form (or its equivalent), shall include contractual liability, premises-operations and products-completed operations and shall contain an exception to any pollution exclusion which insures damage or injury arising out of heat, smoke, or fumes from a hostile fire. Such insurance shall be written on an occurrence basis and contain a standard separation of insureds provision.
(2) Business automobile liability insurance covering owned, hired and nonowned vehicles with limits of $1,000,000 combined single limit per occurrence.
(3) Workers’ compensation insurance in accordance with the laws of the state in which the Premises are located with employer’s liability insurance in an amount not less than $1,000,000.
(4) Umbrella/excess liability insurance, on an occurrence basis, that applies excess of the required commercial general liability, business automobile liability; and employer’s liability policies with the following minimum limits: Each Occurrence $5,000,000 Annual Aggregate $5,000,000 Umbrella/Excess liability policies shall contain an endorsement stating that any entity qualifying as an additional insured on the insurance stated in the Schedule of Underlying Insurance shall be an additional insured on the umbrella/excess li...
Tenant Insurance Requirements. Tenant shall, at no cost to Landlord, obtain, maintain and cause to be in effect at all times from the Commencement Date to the later of: (i) the last day of the Term; (ii) the last day Tenant (A) is in possession of the Premises or (B) has the right of possession of the Premises; or (iii) such other date specified on Schedule 14.1 attached to this Lease, the types and amounts of insurance specified on Schedule 14.1 attached to this Lease. Tenant also agrees to comply with the insurance requirements set forth in the Caltrans Easement.
Tenant Insurance Requirements. For so long as this Lease shall remain in effect, Tenant, at its sole cost and expense and for the benefit of the Landlord, shall purchase and maintain the insurance coverages and comply with the insurance terms and conditions with respect to the Facility Premises, including, without limitation, any construction, use and operation thereof, as set forth on Exhibit D, attached hereto and incorporated herein by this reference. Prior to the entry within the Facility Premises, Tenant shall furnish Landlord with certificates of the policies together with proof of payment of the premium thereof and shall, upon expiration of the term of any such policies similarly furnished to Landlord a certificate of such renewal policy with proof of payment of the premium thereof.
Tenant Insurance Requirements. (i) Effective as of the earlier of: (x) the date Tenant enters or occupies the Premises; or (y) the Commencement Date, and continuing during the Lease Term, Tenant, at its expense, shall obtain and maintain in full force the following insurance coverage (subject to increases in coverage amounts and additional types of coverage, as reasonably determined by Landlord from time to time, but not more than once in any five (5) year period, and provided that any such increases or additional coverage requirements must be commercially reasonable based on the insurance requirements of other institutional owners of commercial properties similar to the Project in the market in which the Project is located):
(1) Commercial general liability insurance which insures against claims for bodily injury, personal injury, advertising injury, and property damage based upon, involving, or arising out of the use, occupancy, or maintenance of the Premises and the Project. Such insurance shall afford, at a minimum, the following limits: Each Occurrence $1,000,000 General Aggregate $2,000,000 Products/Completed Operations Aggregate $1,000,000 Personal and Advertising Injury Liability $1,000,000 Fire Damage Legal Liability $100,000 Any general aggregate limit shall apply on a per location basis. Tenant's commercial general liability insurance shall include Landlord, its trustees, officers, directors, members, agents, and employees, Landlord's mortgagees, and Landlord's representatives, as additional insureds. This coverage shall be written on the most current ISO CGL form (or its equivalent), shall include contractual liability, premises-operations and products-completed operations and shall contain an exception to any pollution exclusion which insures damage or injury arising out of heat, smoke, or fumes 680272v7 from a hostile fire. Such insurance shall be written on an occurrence basis and contain a standard separation of insureds provision.
(2) Business automobile liability insurance covering owned, hired and non-owned vehicles with limits of $1,000,000 combined single limit per occurrence.
(3) Workers' compensation insurance in accordance with the laws of the state in which the Premises are located with employer's liability insurance in an amount not less than $1,000,000.
(4) Umbrella/excess liability insurance, on an occurrence basis, that applies excess of the required commercial general liability, business automobile liability, and employer's liability policies with the follo...
Tenant Insurance Requirements. Tenant shall at all times maintain, at its sole cost and expense, insurance on the Premises of the following character:
(a) Tenant, at its own cost and expense agrees to secure (i) commercial general liability insurance with no less than One Million Dollars ($1,000,000.00) combined single limit for bodily injury and property damage per occurrence, Five Million Dollars ($5,000,000.00) policy aggregate and One Million Dollars ($1,000,000.00) per location limit including personal injury, broad form contractual liability, and products liability; (ii) umbrella liability insurance with limits no less than Two Million Dollars ($2,000,000.00) over the commercial general liability policy and Two million Dollars ($2,000,000.00) in the aggregate; and (iii) all-risk property insurance in an amount adequate to cover the full replacement value of all fixtures, equipment and other items of personal property of Tenant located within the Premises.
(b) The policies shall be written by responsible insurance companies authorized to do business in the State of Ohio.
(c) Workmen’s compensation insurance covering all persons employed in connection with any work done on or about the Premises with respect to which claims for death or bodily injury could be asserted against Landlord, Tenant or the Premises, or in lieu of such Workmen’s Compensation insurance, a program of self-insurance complying with the rules, regulations and requirements of the Ohio Industrial Commission. Such insurance shall be written by companies of recognized financial standing, which are authorized to conduct insurance business in the State of Ohio.
Tenant Insurance Requirements. 8.1.1. Tenant agrees to purchase all required insurance at Tenant’s expense and to deposit with the County certificates of insurance, including all endorsements required herein, necessary to satisfy the County that the insurance provisions of this Lease have been complied with and to keep such insurance coverage and the certificates and endorsements therefore on deposit with the County during the entire term of this Lease. It shall constitute an Event of Default hereunder if Tenant’s insurance coverage is terminated and not reinstated within ten (10) business days after notice from County of such termination.
8.1.2. Tenant agrees that Tenant shall not operate on the Premises at any time the required insurance is not in full force and effect as evidenced by a certificate of insurance and necessary endorsements or, in the interim, an official binder being in the possession of Chief Real Estate Officer. In no cases shall assurances by Tenant, its employees, or agents, including any insurance agent, be construed as adequate evidence of insurance. Chief Real Estate Officer will only accept valid certificates of insurance and endorsements, or in the interim, an insurance binder as adequate evidence of insurance. Tenant also agrees that upon cancellation, termination, or expiration of Tenant's insurance, County may take whatever steps are necessary to interrupt any operation from or on the Premises until such time as the Chief Real Estate Officer reinstates the Lease.
8.1.3. If Tenant fails to provide Chief Real Estate Officer with a valid certificate of insurance and endorsements, or binder at any time during the term of the Lease, County and Tenant agree that this shall constitute a material breach of the Lease. Whether or not a notice of default has or has not been sent to Tenant, said material breach shall permit County to take whatever steps necessary to interrupt any operation from or on the Premises, and to prevent any persons, including members of the general public and Tenant's employees and agents, from entering the Premises until such time as Chief Real Estate Officer is provided with adequate evidence of insurance required herein. Tenant further agrees to hold County harmless for any damages resulting from such interruption of business and possession, including damages resulting from any loss of income or business resulting from the County's action.
8.1.4. All contractors performing work on behalf of Tenant pursuant to this Lease shall obtain insuranc...
Tenant Insurance Requirements. Throughout the Term, Tenant, at its sole cost and expense, shall maintain a policy of Commercial General Liability Insurance with a combined single limit each Occurrence and General Aggregate per location of at least $3,000,000.00, which policy shall insure against liability of Tenant arising out of Tenant's use of the Premises, and which policy shall insure the indemnity provisions contained herein. Not more frequently than once every 3 years, Landlord may require the limits to be increased if in its reasonable judgment the coverage is insufficient. Such insurance shall: (i) be issued by insurance companies licensed to do business in the state in which the Premises are located (the “State”) with a general policyholder's rating of at least A- and a financial rating of at least IX in the most current Best's Insurance Reports or if the Best's ratings are changed or discontinued, the parties shall agree to a comparable method of rating insurance companies; (ii) name Landlord and its designees as additional insureds; (iii) provide that the insurance shall not be canceled, allowed to lapse or materially amended unless 30 days advance notice is given to Landlord; (iv) be primary policies; and (v) have no deductible exceeding $10,000.00. Tenant shall provide Landlord with an “ACCORD 27” certificate of insurance, evidencing the foregoing coverage, such certificates to be provided on or before the Delivery Date, and thereafter at least 30 days prior to the expiration of the applicable insurance policy.
