Common use of Types of Insurance Required Clause in Contracts

Types of Insurance Required. Tenant, at its expense, shall obtain and maintain in effect at all times during the Term an insurance policy or policies providing the following coverage: (1) An "all risk" insurance policy covering all of Tenant's Personal Property within, and improvements and alterations to, the Premises for not less than the full replacement value thereof. All proceeds of such insurance shall be used to repair or replace the items so insured. (2) A commercial general liability policy on an occurrence basis, with the following limits: Each occurrence limit for bodily injury and property damage $1,000,000 General aggregate $2,000,000 Product/completed operations aggregate $2,000,000 Fire damage legal liability $50,000 Medical payments (any one person) $5,000 Said insurance shall name Landlord (in care of Landlord's management agent and referring to the Building by its address), Landlord's management agent and Mortgagee as an additional insured. The policy shall protect Landlord, Landlord's management agent, anx xxx Xxrtgagee against any liability for bodily injury, personal injury, death or property damage occurring upon, in or about the Premises, the Building or the Land or arising out of or relating to any risks against which Tenant is required to indemnify Landlord, Landlord's management agent and xxx Xxxxgagee. From time to time during the Term, Landlord may require Tenant to increase said limits of said insurance to the limits of liability insurance then customarily required of tenants of other comparable office buildings in the city (or, if not a city, other local jurisdiction) in which the Building is located.

Types of Insurance Required. Tenant, at its expense, shall obtain and maintain in effect at all times during the Term an insurance policy or policies providing the following coverage: (1) An "“all risk" ” insurance policy covering all of Tenant's ’s Personal Property within, and improvements and alterations to, the Premises for not less than the full replacement value thereof. All proceeds of such insurance shall be used to repair or replace the items so insured. (2) A commercial general liability policy on an occurrence basis, with the following limits: Each occurrence limit for bodily injury and property damage $$ 1,000,000 General aggregate $$ 2,000,000 Product/completed operations aggregate $$ 2,000,000 Fire damage legal liability $$ 50,000 Medical payments (any one person) $$ 5,000 Said insurance shall name Landlord (in care of Landlord's ’s management agent and referring to the Building by its address), Landlord's ’s management agent and Mortgagee as an additional insured. The policy shall protect Landlord, Landlord's ’s management agent, anx xxx Xxrtgagee and the Mortgagee against any liability for bodily injury, personal injury, death or property damage occurring upon, in or about the Premises, the Building or the Land or arising out of or relating to any risks against which Tenant is required to indemnify Landlord, Landlord's ’s management agent and xxx Xxxxgageethe Mortgagee. From time to time during the Term, Landlord may require Tenant to increase said limits of said insurance to the limits of liability insurance then customarily required of tenants of other comparable office buildings in the city (or, if not a city, other local jurisdiction) in which the Building is located.

Types of Insurance Required. Tenant, at its expense, shall obtain and maintain in effect at all times during the Term an insurance policy or policies providing the following coverage: (1) An "all risk" insurance policy covering all of Tenant's Personal Property within, and improvements and alterations to, the Premises for not less than the full replacement value thereof. All proceeds of such insurance shall be used to repair or replace the items so insured. (2) A commercial general liability policy on an occurrence basis, with the following limits: Each occurrence limit for bodily injury and property damage $1,000,000 General aggregate $2,000,000 Product/completed operations aggregate $2,000,000 Fire damage legal liability $50,000 Medical payments (any one person) $5,000 Said insurance shall name Landlord (in care of Landlord's management agent and referring to the Building by its address), Landlord's management agent and Mortgagee as an additional insured. The policy shall protect Landlord, Landlord's management agent, anx xxx Xxrtgagee and the Mortgagee against any liability for bodily injury, personal injury, death or property damage occurring upon, in or about the Premises, the Building or the Land or arising out of or relating to any risks against which Tenant is required to indemnify Landlord, Landlord's management agent and xxx Xxxxgageethe Mortgagee. From time to time during the Term, Landlord may require Tenant to increase said limits of said insurance to the limits of liability insurance then customarily required of tenants of other comparable office buildings in the city (or, if not a city, other local jurisdiction) in which the Building is located.

Types of Insurance Required. Tenant, at its expense, shall obtain and maintain in effect at all times during the Term an insurance policy or policies providing the following coverage: (1) An "all risk" insurance policy covering all of Tenant's Personal Property within, and improvements and alterations to, the Premises for not less than the full replacement value thereof. All proceeds of such insurance shall be used to repair or replace the items so insured. (2) A commercial general liability policy on an occurrence basis, with the following limits: Each occurrence limit for bodily injury and property damage $1,000,000 General aggregate $2,000,000 Product/completed operations aggregate $2,000,000 Fire damage legal liability $$ 50,000 Medical payments (any one person) $$ 5,000 Said insurance shall name Landlord (in care of Landlord's management agent and referring to the Building by its address), Landlord's management agent and Mortgagee as an additional insured. The policy shall protect Landlord, Landlord's management agent, anx xxx Xxrtgagee and the Mortgagee against any liability for bodily injury, personal injury, death or property damage occurring upon, in or about the Premises, the Building or the Land or arising out of or relating to any risks against which Tenant is required to indemnify Landlord, Landlord's management agent and xxx Xxxxgageethe Mortgagee. From time to time during the Term, Landlord may require Tenant to increase said limits of said insurance to the limits of liability insurance then customarily required of tenants of other comparable office buildings in the city (or, if not a city, other local jurisdiction) in which the Building is located.

Types of Insurance Required. Tenant, at its expense, shall obtain and maintain in effect at all times during the Term an insurance policy or policies providing the following coverage: (1) An "“all risk" ” insurance policy covering all of Tenant's ’s Personal Property within, and improvements and alterations to, the Premises for not less than the full replacement value thereof. All proceeds of such insurance shall be used to repair or replace the items so insured. (2) A commercial general liability policy on an occurrence basis, with the following limits: Each occurrence limit for bodily injury and property damage $$ 1,000,000 General aggregate $$ 2,000,000 Product/completed operations aggregate $$ 2,000,000 Fire damage legal liability $$ 50,000 Medical payments (any one person) $$ 5,000 Said insurance shall name Landlord (in care of Landlord's ’s management agent and referring to the Building by its address), Landlord's ’s management agent and Mortgagee as an additional insured. The policy shall protect Landlord, Landlord's ’s management agent, anx xxx Xxrtgagee and the Mortgagee against any liability for bodily injury, personal injury, death death, or property damage occurring upon, in or about the Premises, the Building or the Land or arising out of or relating to any risks against which Tenant is required to indemnify Landlord, Landlord's ’s management agent and xxx Xxxxgageethe Mortgagee. From time to time during the Term, Landlord may require Tenant to increase said limits of said insurance to the limits of liability insurance then customarily required of tenants of other comparable office buildings in the city (or, if not a city, other local jurisdiction) in which the Building is located.

Types of Insurance Required. Tenant, at its expense, shall obtain and maintain in effect at all times during the Term an insurance policy or policies providing the following coverage: (1) An "“all risk" ” insurance policy covering all of Tenant's ’s Personal Property within, and improvements and alterations to, to the Premises for not less than the full replacement value thereof. All proceeds of such insurance shall be used to repair or replace the items so insured. (2) A commercial general liability policy on an occurrence basis, with the following limits: Each occurrence limit for bodily injury and property damage $$ 1,000,000 General aggregate $$ 2,000,000 Product/completed operations aggregate $$ 2,000,000 Fire damage legal liability $$ 50,000 Medical payments (any one person) $$ 5,000 Said insurance shall name Landlord (in care of Landlord's ’s management agent and referring to the Building by its address), Landlord's ’s management agent and Mortgagee as an additional insured. The policy shall protect Landlord, Landlord's ’s management agent, anx xxx Xxrtgagee and the Mortgagee against any liability for bodily injury, personal injury, death or property damage occurring upon, in or about the Premises, the Building or the Land or arising out of or relating to any risks against which Tenant is required to indemnify Landlord, Landlord's ’s management agent and xxx Xxxxgageethe Mortgagee. From time to time during the Term, Landlord may require Tenant to increase said limits of said insurance to the limits of liability insurance then customarily required of tenants of other comparable office buildings in the city (or, if not a city, other local jurisdiction) in which the Building is located.