Common use of Throughout the Lease Term Clause in Contracts

Throughout the Lease Term. Tenant shall insure the contents of the Premises, including all furnishings, trade fixtures, and equipment used or installed in the Premises by Tenant, and any other personal property of Tenant therein, against loss due to fire and other casualties included in standard extended coverage insurance policies in minimum amounts not less than ninety percent (90%) of the full replacement cost of Tenant's furnishings, trade fixtures, equipment and other personal property. Throughout the Lease Term, Tenant shall obtain and maintain commercial general liability insurance in a company or companies licensed to do business in the Commonwealth of Virginia and reasonably approved by Landlord. Such insurance shall be in minimum amounts of Five Million Dollars ($5,000,000) per occurrence plus a general aggregate of Five Million Dollars ($5,000,000) for injury to persons and damage to property and shall be for a minimum term of one (1) year. Landlord and Tenant may reevaluate such minimum amount at the expiration of every third (3rd) Lease Year and such minimum amounts may be adjusted as appropriate to be consistent with Class A suburban office buildings in the Market Area, provided, however, in no event shall such minimum amounts be adjusted downward (i) without the approval of the holder of any mortgage, as defined in Section 22.1 below, secured by the Building or (ii) below any corporate minimum requirements of Landlord. Such limits may be covered by a combination of a general liability policy and an umbrella liability policy. In addition, Tenant's commercial general Liability insurance policy shall name Landlord and the managing agent of the Building, as additional insureds. If requested by the holder of any mortgage or deed of trust against the Building, the commercial general liability policy referred to above shall also name such holder as an additional insured thereunder. Receipts or certificates evidencing payment of the premiums for such insurance shall be delivered by Tenant if requested by Landlord. Each such policy shall contain an endorsement prohibiting cancellation or reduction of coverage without first giving Landlord and the holder of any mortgage or deed of trust on the Building at least thirty (30) days' prior written notice of such proposed action. (a) Tenant hereby waives its right of recovery against Landlord and releases Landlord from any losses, claims, casualties or other damages for which Landlord may otherwise be liable to the extent either (i) such loss, claim, casualty or other damage would have been covered under insurance coverage Tenant is required to maintain, pursuant to this Article XII (without regard to any deductible) or (ii) Tenant receives insurance proceeds on account of any such losses, claims, casualties or other damages. Each policy of property insurance obtained by Tenant pursuant to the provisions of this Article XII shall include a waiver of the insurer's right of subrogation against Landlord, and shall contain an endorsement to the effect that any loss payable under such policy shall be payable notwithstanding any act or negligence of Landlord, or any agent, contractor, employee or invitee of Landlord, which might, absent such agreement, result in the forfeiture of payment for such loss. (b) Landlord hereby waives its right of recovery against Tenant and releases Tenant from any losses, claims, casualties or other damages for which Tenant may otherwise be liable to the extent either (i) such loss, claim, casualty or other damage would have been covered under insurance coverage Landlord is required to maintain pursuant to this Article XII (without regard to any deductible) or (ii) Landlord receives insurance proceeds, on account of any such losses, claims, casualties or other damages. Each policy of property insurance obtained by Landlord with respect to the Building shall include a waiver of the insurer's right of subrogation against Tenant, and shall contain an endorsement to the effect that any' loss payable under such policy shall be payable notwithstanding any act or negligence of Tenant, or any agent, contractor employee or invitee of Tenant, which might, absent such agreement, result in the forfeiture of payment for such loss.

Throughout the Lease Term. Tenant shall insure the contents of the Premises, including all furnishings, trade fixtures, and equipment used or installed in the Premises by Tenant, and any other personal property of Tenant therein, against loss due to fire and other casualties included in standard extended coverage insurance policies in minimum amounts not less than ninety percent (90%) of the full replacement cost of Tenant's furnishings, trade fixtures, equipment and other personal property. Throughout the Lease Term, Tenant shall obtain and maintain commercial general comprehensive public liability insurance in a company or companies licensed to do business in the Commonwealth of Virginia and reasonably approved by Landlord. Such insurance shall be in minimum amounts of Five One Million Dollars ($5,000,0001,000,000.00) per occurrence plus a general aggregate of Five Two Million Dollars ($5,000,0002,000,000.00) for injury to persons and damage to property and shall be for a minimum term of one (1) year. Landlord and Tenant may reevaluate such minimum amount at the expiration of every third (3rd) Lease Year and such minimum amounts may be adjusted as appropriate to be consistent with Class A suburban office buildings in the Market Area, provided, however, in no event shall such minimum amounts be adjusted downward (i) without the approval of the holder of any mortgage, as defined in Section 22.1 below, secured by the Building or (ii) below any corporate minimum requirements of Landlord. Such limits may be covered by a combination of a general liability policy and an umbrella liability policy. In addition, Tenant's commercial general Liability each of said policies of insurance policy shall name Landlord and the Boston Properties as managing agent of the Buildingoffice park, as additional insureds. If requested by the holder of any mortgage or deed of trust against the BuildingBuilding and communicated to Tenant in writing, the commercial general public liability policy referred to above shall also name such holder as an additional insured thereunder. Receipts or certificates evidencing payment of the premiums for such insurance shall be delivered by Tenant if requested by Landlordat least annually. Each such policy shall contain an endorsement prohibiting cancellation or reduction of coverage without first giving Landlord and the holder of any mortgage or deed of trust on the Building named as additional insured as aforesaid at least thirty (30) days' prior written notice of such proposed action. (a) Tenant hereby waives its right of recovery against Landlord and releases Landlord from any claim for property loss or damage arising out of losses, claims, casualties or other damages for which Landlord may otherwise be liable to the extent either (i) such loss, claim, casualty or other damage would have been covered under insurance coverage Tenant is either required to maintain, maintain insurance pursuant to this Article XII (without regard to any deductible) or (ii) Tenant receives insurance proceeds on account of any such losses, claims, casualties or other damagesthereof. Each policy of property insurance obtained by Tenant pursuant to the provisions of this Article XII shall include a waiver of the insurer's right of subrogation against Landlord, and shall contain an endorsement to the effect that any loss payable under such policy shall be payable notwithstanding any act or negligence of Landlord, or any agent, contractor, contractor or employee or invitee of Landlord, which might, absent such agreement, result in the forfeiture of payment for such loss. (b) Landlord hereby waives its right of recovery against Tenant and releases Tenant from any losses, claims, casualties claim for property loss or other damages damage for which Tenant may otherwise be liable to the extent either (i) such loss, claim, casualty or other damage would have been covered under insurance coverage Landlord is required to maintain pursuant to this Article XII (without regard to any deductible) or (ii) Landlord receives insurance proceeds, on account of any such losses, claims, casualties or other damages. Each policy of property insurance obtained by Landlord with respect to the Building shall include a waiver of the insurer's right of subrogation against Tenant, and shall contain an endorsement to the effect that any' loss payable under such policy shall be payable notwithstanding any act or negligence of Tenant, or any agent, contractor employee or invitee of Tenant, which might, absent such agreement, result in the forfeiture of payment for such loss.arising

Throughout the Lease Term. Tenant shall insure the contents of the Premises, including all furnishings, trade fixtures, and equipment used or installed in the Premises by Tenant, and any other personal property of Tenant therein, against loss due to fire and other casualties included in standard extended coverage insurance policies in minimum amounts not less than ninety percent (90%) of the full replacement cost of Tenant's furnishings, trade fixtures, equipment and other personal property. Throughout the Lease Term, Tenant shall obtain and maintain commercial general liability insurance in a company or companies licensed to do business in the Commonwealth of Virginia and reasonably approved by Landlord. Such insurance shall be in minimum amounts of Five Million Dollars ($5,000,000) per occurrence plus a general aggregate of Five Million Dollars ($5,000,000) for injury to persons and damage to property and shall be for a minimum term of one (1) year. Landlord and Tenant may reevaluate such minimum amount at the expiration of every third (3rd) Lease Year and such minimum amounts may be adjusted as appropriate to be consistent with Class A suburban office buildings in the Market Area, provided, however, in no event shall such minimum amounts be adjusted downward (i) without the approval of the holder of any mortgage, as defined in in Section 22.1 below, secured by the Building or (ii) below any corporate minimum requirements of Landlord. Such limits may be covered by a combination of a general liability policy and an umbrella liability policy. In addition, Tenant's commercial general Liability liability insurance policy shall name Landlord and the managing agent of the Building, as additional insureds. If requested by the holder of any mortgage or deed of trust against the Building, the commercial general liability policy referred to above shall also name such holder as an additional insured thereunder. Receipts or certificates evidencing payment of the premiums for such insurance shall be delivered by Tenant if requested by Landlord. Each such policy shall contain an endorsement prohibiting cancellation or reduction of coverage without first giving Landlord and the holder of any mortgage or deed of trust on the Building at least thirty (30) days' prior written notice of such proposed action. (a) Tenant hereby waives its right of recovery against Landlord and releases Landlord from any losses, claims, casualties or other damages for which Landlord may otherwise be liable to the extent either (i) such loss, claim, casualty or other damage would have been covered under insurance coverage Tenant is required to maintain, maintain pursuant to this Article XII (without regard to any deductible) or (ii) Tenant receives insurance proceeds on account of any such losses, claims, casualties or other damages. Each policy of property insurance obtained by Tenant pursuant to the provisions of this Article XII shall include a waiver of the insurer's right of subrogation against Landlord, and shall contain an endorsement to the effect that any loss payable under such policy shall be payable notwithstanding any act or negligence of Landlord, or any agent, contractor, employee or invitee of Landlord, which might, absent such agreement, result in the forfeiture of payment for such loss. (b) Landlord hereby waives its right of recovery against Tenant and releases Tenant from any losses, claims, casualties or other damages for which Tenant may otherwise be liable to the extent either (i) such loss, claim, casualty or other damage would have been covered under insurance coverage Landlord is required to maintain pursuant to this Article XII (without regard to any deductible) or (ii) Landlord receives insurance proceeds, proceeds on account of any such losses, claims, casualties or other damages. Each policy of property insurance obtained by Landlord with respect to the Building shall include a waiver of the insurer's right of subrogation against Tenant, and shall contain an endorsement to the effect that any' any loss payable under such policy shall be payable notwithstanding any act or negligence of Tenant, or any agent, contractor employee or invitee of Tenant, which might, absent such agreement, result in the forfeiture of payment for such loss.

Throughout the Lease Term. Tenant shall insure the contents of the Premises, including all furnishings, trade fixtures, and equipment used or installed in the Premises by Tenant, and any other personal property of Tenant therein, against loss due to fire and other casualties included in standard extended coverage insurance policies in minimum amounts not less than ninety ninety-five percent (9095%) of the full replacement cost of Tenant's furnishings, trade fixtures, equipment and other personal property. Throughout the Lease Term, Tenant shall obtain and maintain commercial general liability insurance in a company or companies licensed to do business in the Commonwealth State of Virginia Maryland and reasonably approved by Landlord. Such insurance shall be in minimum amounts of Five Million Dollars ($5,000,000) per occurrence plus a general aggregate of Five Million Dollars ($5,000,000) for injury to persons and damage to property and shall be for a minimum term of one (1) year. Landlord and Tenant may reevaluate such minimum amount at the expiration of every third (3rd) Lease Year and such minimum amounts may be adjusted as appropriate to be consistent with Class A suburban office buildings in the Market Area, provided, however, in no event shall such minimum amounts be adjusted downward (i) without the approval of the holder of any mortgage, as defined in Section 22.1 below, secured by the Building or (ii) below any corporate minimum requirements of Landlord. Such limits may be covered by a combination of a general liability policy and an umbrella liability policy. In addition, Tenant's commercial general Liability liability insurance policy shall name Landlord and the Boston Properties, Inc., as managing agent of the Building, as additional insureds. If requested by the holder of any mortgage or deed of trust against the Building, the commercial general liability policy referred to above shall also name such holder as an additional insured thereunder. Receipts or certificates evidencing payment of the premiums for such insurance shall be delivered by Tenant if requested by Landlord. Each such policy shall contain an endorsement prohibiting cancellation or reduction of coverage without first giving Landlord and the holder of any mortgage or deed of trust on the Building at least thirty (30) days' prior written notice of such proposed action. (a) Tenant hereby waives its right of recovery against Landlord and releases Landlord from any losses, claims, casualties or other damages for which Landlord may otherwise be liable to the extent either (i) such loss, claim, casualty or other damage would have been covered under insurance coverage Tenant is required to maintain, maintain pursuant to this Article XII (without regard to any deductible) or (ii) Tenant receives insurance proceeds on account of any such losses, claims, casualties or other damages. Each policy of property insurance obtained by Tenant pursuant to the provisions of this Article XII shall include a waiver of the insurer's right of subrogation against Landlord, and shall contain an endorsement to the effect that any loss payable under such policy shall be payable notwithstanding any act or negligence of Landlord, or any agent, contractor, employee or invitee of Landlord, which might, absent such agreement, result in the forfeiture of payment for such loss. (b) Landlord hereby waives its right of recovery against Tenant and releases Tenant from any losses, claims, casualties or other damages for which Tenant may otherwise be liable to the extent either (i) such loss, claim, casualty or other damage would have been covered under insurance coverage Landlord is required to maintain pursuant to this Article XII (without regard to any deductible) or (ii) Landlord receives insurance proceeds, proceeds on account of any such losses, claims, casualties or other damages. Each policy of property insurance obtained by Landlord with respect to the Building shall include a waiver of the insurer's right of subrogation against Tenant, and shall contain an endorsement to the effect that any' any loss payable under such policy shall be payable notwithstanding any act or negligence of Tenant, or any agent, contractor employee or invitee of Tenant, which might, absent such agreement, result in the forfeiture of payment for such loss.