Tenant Insurance Requirements Sample Clauses
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 14.14 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...
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. From and after the date of delivery of possession of the Premises from Landlord to Tenant and throughout the Term hereof, Tenant shall carry and maintain, at its own expense, the following types, amounts and forms of insurance:
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, Xxxxxxxx’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 non-owned vehicles with limits of $1,000,000 combined single limit per occurrence.
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 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. 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. Without limiting its liability under this Agreement, Tenant agrees to procure and maintain at all times during this Lease, at its sole expense and at no expense to Landlord, insurance of the types and limits in the amounts not less than stated below: Worker’s Compensation Florida Statutory Coverage Employer’s Liability $100,000 Each Accident (including appropriate Federal Acts) $500,000 Disease Policy Limit $100,000 Each Employee / Disease Commercial General Liability $2,000,000 Combined Single Limit Automobile Liability $500,000 Combined Single Limit (Coverage for all automobiles, owned, hired or non-owned) Management Professional Liability $500,000 Per Occurrence
Tenant Insurance Requirements. Tenant shall procure and continue in force from and after the date Landlord shall deliver possession of the Premises to Tenant and throughout the Term of this Lease: (a) commercial general liability insurance with a limit of not less than $2,000,000.00 combined single limit per occurrence for bodily injury or property damage and $3,000,000.00 aggregate per location including, personal and advertising injury coverages with a limit of not less than $1,000,000.00 per occurrence and liquor liability coverage (also known as "dramshop Insurance”) with a limit of not less than $1,000,000.00 per occurrence and umbrella coverage of $3,000,000.00, if alcoholic beverages are sold and/or consumed on the Premises, as well as products/completed operations coverage with respect to any improvements completed by Tenant’s contractors; (b) all-risk or special form property coverage, including sprinkler leakage coverage plus flood and/or earthquake coverage as deemed necessary by Landlord, in an amount adequate to cover full replacement of all leasehold or building improvements in the Premises which were originally constructed or provided by or on behalf of Tenant, as well as the cost of replacement of all fixtures, equipment, decorations, contents and personal property therein; with a reasonable deductible as determined by Landlord including no coinsurance clause or an agreed value provision;