Tenant Liability Insurance Clause Samples

Tenant Liability Insurance. Tenant shall self-insure or carry, at Tenant’s expense, general liability insurance.

Tenant Liability Insurance. Tenant shall, at Tenant's cost, obtain and maintain during the Term and any other period during which Tenant shall have access to or possession of the Premises (a) comprehensive liability insurance in limits of not less than $10,000,000 for injury or death arising out of any one occurrence or single coverage limit for damage to property in respect of any one occurrence, or in any increased amounts customarily required for similar type buildings protecting (i) as named insured, Tenant and (ii) as additional named insureds, Landlord and Landlord's agents and affiliates, the name and address of which have been furnished to Tenant (collectively, the "Additional Insureds") against any and all claims for personal injury, death or property damage occurring in, upon, adjacent to or in connection with the use of the Premises or any part thereof and (b) insurance against loss or damage by fire and such other risks and hazards as are insurable under then available standard forms of fire insurance policies with extended coverage, covering Tenant's Property for ninety percent (90%) of the full insurable value thereof, protecting Tenant as named insured. Tenant shall have the right to self insure the insurance specified in Section 8.3(b) (but not Sec. 8.3 (a) provided it maintains a net worth of not less than Fifty Million and 00/100 Dollars ($50,000,000). The aforesaid public liability insurance policy shall include a broad form contractual liability endorsement protecting Tenant against loss arising out of liabilities assumed by Tenant hereunder by indemnity or otherwise. While constructing any Improvements, Tenant shall also carry or cause to be carried insurance as required in Article 10. All insurance to be carried by Tenant shall be written in form and substance reasonably satisfactory to Landlord by an insurance company of recognized responsibility permitted to do business in the State of New York. If Tenant fails to procure or maintain such insurance and to pay all premiums and charges therefor within ten (10) days after notice from Landlord, Landlord may do so (but shall not be obligated), whereupon Tenant shall reimburse Landlord upon demand. All such insurance policies shall contain endorsements providing that (x) such policies may not be materially changed, amended, cancelled or allowed to lapse except upon twenty (20) days prior notice to Landlord and the Additional Insureds, (y) no act or omission of Tenant shall affect or limit the obligations of the insu...

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. 24 Section 14.03.

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. 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. 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 ▇▇▇▇▇▇’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 Term of Agreement, Manager will require Tenant to secure and maintain a Tenant liability policy. The policy covers only damage Tenant causes to the property (covered losses include fire, smoke, explosion, water damage or backup or overflow of sewer, drain or sump) up to $100,000. The policy is personal liability insurance or renter’s insurance. The policy does not cover any of ▇▇▇▇▇▇’s personal belongings, additional living expenses, or liability arising out of bodily injury or property damage to any third party; and

Tenant Liability Insurance. During the Lease Term, ▇▇▇▇▇▇ agrees to carry General and/or Excess Liability Insurance covering claims for third party bodily injury, death and property damage resulting from ▇▇▇▇▇▇'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.