Common use of Tenant shall maintain Clause in Contracts

Tenant shall maintain. i. Commercial general liability insurance policies naming Library and Tenant and if requested by Library, any mortgagee of Library, as additional insureds in companies licensed to do business in Ohio in amounts not less than: $1,000,000 per occurrence combined single limit bodily injury and property damage with a $2,000,000 general aggregate limit commercial general liability insurance, including personal injury and contractual liability. Such coverage should include $5,000 per person limit of medical expense coverage. Tenant shall deposit certificates of such insurance with Library prior to taking occupancy of the Premises and replacement or renewal certificates within ten (10) days prior to the expiration of any such policies and ii. “Special form” property insurance coverage covering Tenant’s personal property, trade fixtures, furnishings and any other personal property located in the Premises. Such policy shall be in an amount not less than the full replacement of all such items. Library makes no representation that the foregoing coverage amounts are adequate to protect Tenant against its obligations under this Lease and it is Tenant’s responsibility to provide additional coverage as it deems necessary.

Appears in 8 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Tenant shall maintain. i. Commercial general liability insurance policies naming Library and Tenant and if requested by Library, any mortgagee of Library, as additional insureds in companies licensed to do business in Ohio in amounts not less than: $1,000,000 per occurrence combined single limit bodily injury and property damage with a $2,000,000 1,000,000 general aggregate limit commercial general liability insurance, including personal injury and contractual liability. Such coverage should include $5,000 per person limit of medical expense coverage. Tenant shall deposit certificates of such insurance with Library prior to taking occupancy of the Premises and replacement or renewal certificates within ten (10) days prior to the expiration of any such policies and ii. “Special form” property insurance coverage covering Tenant’s personal property, trade fixtures, furnishings and any other personal property located in the Premises. Such policy shall be in an amount not less than the full replacement of all such items. Library makes no representation that the foregoing coverage amounts are adequate to protect Tenant against its obligations under this Lease and it is Tenant’s responsibility to provide additional coverage as it deems necessary.

Appears in 1 contract

Samples: Lease Agreement

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