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. 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:
Tenant Liability Insurance. Tenant shall maintain, at its sole expense, during the Term hereof, General Commercial Liability and 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 Five Million Dollars ($5,000,000) per occurrence and not less than Five Million Dollars ($5,000,000) 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" or 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. All insurance required under this Section 7.1 shall be written by companies rated A or better in the most current edition of Best's Insurance Report. Tenant will cause such insurance policies to name Landlord and its agents (and, at Landlord's election, any lender whose loan is secured by the Premises (a "mortgagee")) as named insured thereunder with respect to liability policies and request that the insurer waives all right of
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:
Tenant Liability Insurance. 24 Section 14.03.
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 Xxxxxx’s personal belongings, additional living expenses, or liability arising out of bodily injury or property damage to any third party; and
Tenant Liability Insurance. Lessee agrees to carry Commercial General liability insurance insuring both Lessee and Lessor with insurance carriers satisfactory to Lessor providing liability limits of not less than $500,000 single limit and providing a Certificate of Insurance evidencing same with not less than a 30-day cancellation clause, provided, however, that Lessee's obligation to indemnify and hold harmless Lessor as provided in this paragraph shall be to the extent only of the degree of negligence attributable to Lessee, its officers, employees, agents, invitees, and guests. Such insurance certificate shall also include not less than $50,000 "Fire Damage" liability for damage to leased Premises. Coverage may optionally include "Building Legal Liability Insurance 'Special Form" (insurance industry forms CP0040 and CP1030 or equivalent)for tenant's liability (pursuant to paragraphs 13, 14 and 37)for up to $25,000 for damage from other than fire.
Tenant Liability Insurance. Tenant, at its own expense, shall provide and keep in force a single limit comprehensive general liability insurance policy against liability for bodily injury and property damage in the amount of not less than One Million Dollars ($1,000,000.00) with respect to injuries to or death of more than one person in any one occurrence, such limits to be for any greater amounts as may be reasonably indicated by circumstances from time to time existing. Such insurance shall include an endorsement of the Insurance Services Office broad form general liability or its equivalent. In addition, Tenant shall maintain in full force and effect, Workers' Compensation insurance as required by all applicable Laws, including an All-States endorsement. Tenant shall furnish Landlord and/or any Mortgagee with certificates of such policies on or before the Commencement Date of this Lease and whenever reasonably required shall satisfy Landlord that such policies are in full force and effect.
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. 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.
