Tenant Liability Insurance. Tenant shall keep in force at Tenant's expense as long as this Lease remains in effect and during such other time as Tenant occupies the Premises or any part thereof, commercial general liability insurance for Tenant, Landlord and Landlord's mortgagee, if applicable, as their interests may appear covering the Premises, with companies qualified to do business in the Commonwealth of Pennsylvania in good standing therein and otherwise satisfactory to Landlord, in its reasonable discretion, with limits of (i) One Million and No/100 Dollars ($1,000,000.00), with respect to each occurrence, (ii) One Million and No/100 Dollars ($1,000,000.00) with respect to personal injury or death of a single person, and (iii) Three Million and No/100 Dollars ($3,000,000.00) general aggregate. All insurance maintained by Tenant shall (a) be in form reasonably acceptable to Landlord, (b) name Landlord and Landlord's mortgagee, as an additional insured, and (c) contain an endorsement providing that such insurance may not be terminated or cancelled for any reason until after thirty (30) days written notice to Landlord, and, if requested by Landlord, to Landlord's mortgagee. All such insurance shall also contain a provision that no act or omission of Tenant will affect or limit the obligation of the insurer to pay on behalf of Landlord the amount of the loss sustained by, or claim made against, Landlord. Tenant shall in addition keep in force workers' compensation or similar insurance to the extent required by law. Tenant shall deposit the policy or policies of such insurance or a certificate of certificates thereof with Landlord no less than ten (10) days prior to the commencement of the term hereof. Should Tenant fail to carry or keep in force such insurance, Landlord may, upon prior written notice to Tenant, cause such insurance to be issued and in such event Tenant agrees to pay as additional rental hereunder any reasonable premium for such insurance promptly upon Landlord's written demand therefor.
Tenant Liability Insurance. Tenant shall maintain, at its sole expense, during the Term hereof, General Commercial Liability or General Garage Liability insurance, insuring both Tenant and Landlord covering the Premises with single limit coverage of at least One Million Dollars ($1,000,000) per occurrence and not less than Two Million Dollars ($2,000,000) in the aggregate in companies licensed and in good standing in the State of Georgia in the joint names of Landlord and Tenant. Tenant shall further maintain at its sole expense a commercial umbrella policy with single limit coverage of at least One Million Dollars ($1,000,000) per occurrence and not less than Two Million Dollars ($2,000,000) in the aggregate in companies licensed and in good standing in the State of Georgia in the joint names of Landlord and Tenant. Tenant shall keep in force all-risk (Special Form) coverage insurance for the full replacement value of all of Tenant's personal property within the Premises and on the Property, including, but not limited to, fixtures, inventory, trade fixtures, furnishings and other personal property. In addition, Tenant shall keep in force workers compensation or similar insurance to the extent required by law. Finally, Tenant shall maintain, at its sole cost and expense, Special Form ("all-risk") property insurance covering the Buildings for the full replacement cost thereof (excluding footings and foundations), providing protection against perils included in the Special Form ("all-risk") insurance policy. Tenant will cause such insurance policies to name Landlord as a named insured thereunder with respect to liability policies and to be written so as to provide that the insurer waives all right of recovery by way of subrogation against Landlord in connection with any loss or damage covered by the all-risk (Special Form) policy in accordance with the provisions of Section 7.2 hereof. Tenant shall deliver said policies of liability, workers compensation and all-risk insurance or certificates thereof to Landlord at or prior to its execution of this Lease, and thereafter from time to time at the reasonable request of Landlord. Should Tenant fail to effect the insurance called for in this Lease, Landlord may, but shall not be obligated to, procure said insurance and pay the requisite premiums, in which event, Tenant shall promptly pay all sums so expended by Landlord as Additional Rent following invoice. Each insurer under the policies required hereunder shall agree by endorsement on the...
Tenant Liability Insurance. Lessor and/or Manager, is not responsible for any damage or injury that is done to Tenant or Tenant's property, guests, or their property that was not caused by Lessor and/or Manager. Lessor requires Tenant to obtain $100,000 Limit of Liability for Tenant’s legal liability for damage to Lessor's Premises and/or property for no less than the following causes of loss: Fire, Smoke, Explosion, Water Damage, Backup/ Overflow of Sewer, Drain, or Sump, herein called “Required Insurance”. Tenant is required to furnish <<Site Manager>> with evidence of Required Insurance prior to occupancy of leased Premises and at the time of each lease renewal period. If at any time Tenant does not have Required Insurance, Tenant is in breach of the Tenant Lease Agreement and Lessor shall have, in addition to any other rights under the Lease Agreement, the right but not the obligation to purchase Required Insurance coverage and seek reimbursement from the Tenant for all costs and expenses associated with such purchase. Tenant may obtain Required Insurance from an insurance agent or insurance company of Tenant’s choice. If Tenant furnishes evidence of such insurance and maintains the insurance for the duration of the Tenant Lease Agreement, then nothing more is required. If Tenant does not maintain Required Insurance, the insurance requirement of this Tenant Lease Agreement may be satisfied by Manager, who may schedule the Tenant’s unit for coverage under the Landlord’s Required Tenant Liability insurance policy (“LRRL”). The coverage provided under the LRRL will provide the Required Insurance coverage listed above. An amount equal to the total cost to the Lessor for the LRRL coverage shall be charged to Tenant by the Lessor. Some important points of this coverage, which Tenant should understand are:
1. LRRL is designed to fulfill the insurance requirement of the Tenant Lease Agreement. Lessor is the Insured under the LRRL. Tenant is not the insured under the LRRL policy.
2. LRRL coverage is not personal liability insurance or renter’s insurance. Lessor makes no representation that LRRL covers Tenant’s additional living expenses or liability arising out of bodily injury or property damage to any third party. If Tenant requires any of these coverages, then Tenant should contact an insurance agent or insurance company of Tenant’s choice, and provide such copy to Manager.
3. Coverage under the LRRL policy may be more expensive than the cost of Required Insurance obtainable by Tenant ...
Tenant Liability Insurance. 24 Section 14.03.
Tenant Liability Insurance. Tenant shall provide on or before it enters the Demised Premises for any reason and shall keep in force during the Term for the benefit of Landlord and Tenant, liability insurance naming Landlord and any designee of Landlord as additional insureds. The policy shall protect Landlord, Tenant and any designee of Landlord against any liability occasioned by any occurrence on or about the Demised Premises or any appurtenance thereto or arising from any of the items indicated in Section 15.01 against which Tenant is required to indemnify Landlord. Such policy is to be written in a combined single limit of at least $3,000,000.00 for injury or death to one or more than one person arising from any one occurrence and in the amount of $1,000,000.00 with respect to property damages. In addition, Tenant shall maintain and provide a $10,000,000.00, umbrella policy on terms Landlord specifies.
Tenant Liability Insurance. Tenant shall at all times during the Lease Term maintain in full force and effect the following insurance in standard form generally in use in the state in which the Industrial Center is located with insurance companies with an AM Best rating of A/VII or better (or a comparable rating in the event that the AM Best rating is no longer published) and authorized to do business in said state:
(a) Commercial general liability insurance in the amount of at least Five Million Dollars ($5,000,000) per any occurrence resulting in bodily injury, personal injury or property damage and fire legal liability in the amount of at least $500,000 per occurrence.
(b) Commercial Automobile Insurance covering all owned, non-owned and hired automobiles of Tenant including the loading and unloading of any automobile, truck or other vehicle with limits of liability not less than $5,000,000 combined single limit for bodily injury liability and property damage liability.
(c) Tenant further agrees that any contractor Tenant hires to perform any alterations to the Demised Premises shall furnish Tenant with certificates showing evidence of comprehensive public liability and damage insurance in the amount of at least $3,000,000 plus required workmen’s compensation and employer’s liability insurance coverage to the extent required by law.
(d) If Tenant uses, stores, handles, processes or disposes of Hazardous Materials in the ordinary course of its business, then Tenant shall maintain in full force and effect throughout the Term, Environmental Impairment Liability Insurance with limits of not less than Five Million Dollars ($5,000,000.00) naming Tenant as insured, and Landlord as an additional insured, and providing coverage for bodily injury, property damage or injury or damage of actual, alleged or threatened emission, discharge, dispersal, seepage, release or escape of Hazardous Materials, including any loss, cost or expense incurred as a result of any cleanup of Hazardous Materials or in the investigation, settlement or defense of any claim, suit, or proceedings against Landlord or its management company arising from Tenant’s use, storage, handling, processing or disposal of Hazardous Materials. This paragraph is not intended to limit or modify any of the prohibitions set forth in Article 26 in any way. The insurance and certificates required in subsections (a) through (c) above shall name Landlord (and any other parties requested by Landlord) as an additional insured for the full a...
Tenant Liability Insurance. Tenant shall procure and maintain at its sole cost and expense at all times, a policy or policies of insurance insuring Landlord, as well as Tenant, from all claims, demands, or actions arising out of Tenant's use and occupancy of the Premises. TENANT’S INSURANCE COVERAGE SHALL COVER BODILY INJURY AND PROPERTY DAMAGE WITH COMBINED SINGLE LIMIT COVERAGE OF NOT LESS THAN ONE MILLION DOLLARS ($1,000,000) PER EACH OCCURRENCE. THIS LIABILITY INSURANCE REQUIREMENT IS A MATERIAL CONDITION OF THIS Lease. Any lapse of Tenant’s liability insurance or procurement of an insurance policy in an amount less than the amount required in this provision shall be considered a material breach of this lease and shall subject Tenant to immediate eviction at Landlord’s sole discretion.
Tenant Liability Insurance. At all times during the Lease Term or any earlier occupancy of all or any portion of the Leased Premises, Tenant shall maintain in full force and effect a commercial general liability insurance policy for the Leased Premises with coverage limits of at least $3,000,000 per occurrence for bodily injury to, or death of, any persons and $3,000,000 in the aggregate, including without limitation, terrorism and providing for “excess” or “umbrella” commercial general liability coverage of at least $8,000,000.00. For the avoidance of doubt, the “excess” or “umbrella” commercial general liability coverage shall not provide excess coverage for auto liability or employer’s liability. The commercial general liability policy shall be issued on an ISO form CG 00 01, or such other form that is acceptable to Landlord. At all times during the Lease Term or any earlier occupancy of all or any portion of the Leased Premises, Tenant shall also maintain a Business Auto Policy issued on an occurrence basis with minimum limits of coverage that are not less than $3,000,000 per accident. The Business Auto Policy shall be written on the current ISO edition of ISO CA 00 01. This insurance shall be primary and non-contributory, i.e., with respect to a loss covered by Xxxxxx’s policy, the proceeds of such policy must be exhausted before Landlord or Landlord’s liability insurer would be liable for any payment due to such loss.
Tenant Liability Insurance. During the Lease Term, Xxxxxx agrees to carry General and/or Excess Liability Insurance covering claims for third party bodily injury, death and property damage resulting from Xxxxxx's use the Leased Premises, including contractual liability necessary to cover Tenant's obligations. Such Liability Insurance shall provide a minimum per occurrence and annual aggregate limit of $2,000,000 for all operations. Landlord, Property Manager and ground lessor of Landlord, if any shall be named as an additional insured on Tenant's General and/or Excess Liability Insurance to the extent of Tenant's liability and obligations under this Lease. Prior to the Commencement Date of this Lease, Tenant shall furnish Landlord with a certificate of insurance evidencing such coverage.
Tenant Liability Insurance. The Tenant shall maintain Commercial General Liability Insurance at Tenant's expense, including a standard contractual liability endorsement, with respect to the Premises throughout the Term with combined single limit coverage of Two Million Dollars ($2,000,000). The Tenant shall deliver to the Landlord within thirty (30) days of Landlord's written request a certificate evidencing the aforesaid coverage issued by insurance companies authorized to do business in Massachusetts and providing that the insurance indicated therein shall not be canceled without at least thirty (30) days prior written notice to Landlord. The Landlord will be named as an additional named insured on such policy.
