TENANT TO INDEMNIFY. The Tenant agrees to indemnify and hold harmless the Landlord from any liability for damages to any person or property in, on or about said leased premises from any cause whatsoever; and Tenant will procure and keep in effect during the term hereof public liability and property damage insurance for the benefit of the Landlord in the sum of $100,000.00 for damages resulting to one person and $500,000.00 for damages resulting from one casualty, and $1,000,000.00 property damage insurance resulting from any one occurrence. Tenant shall deliver said policies to the Landlord and upon Tenant's failure so to do the Landlord may at his option obtain such insurance and the cost thereof shall be paid as additional rent due and payable upon the next ensuing rent day. Tenant shall be solely responsible for insuring it's improvements and contents of or in the premises.
Appears in 3 contracts
Samples: Property Lease, Property Lease, Property Lease
TENANT TO INDEMNIFY. The Tenant agrees to indemnify and hold harmless the Landlord from any liability for damages to any person or property in, on or about said leased premises from any cause whatsoever; and Tenant will procure and keep in effect during the term hereof public liability and property damage damages insurance for the benefit of the Landlord in the sum of $100,000.00 100,000 for damages resulting to one person and $500,000.00 500,000 for damages resulting from one casualty, and $1,000,000.00 500,000 property damage insurance resulting from any one occurrence. Tenant shall deliver said policies to the Landlord and upon Tenant's failure so to do the Landlord may at his option obtain such insurance and the cost thereof shall be paid as additional rent due and payable upon the next ensuing rent day. Tenant shall be solely responsible for insuring it's improvements and contents of or in the premises.
Appears in 2 contracts
Samples: Business Property Lease (Ideal Accents Inc), Business Property Lease (Ideal Accents Inc)