2007_Ordinances - Laserfiche WebLink

Home Browse Search

the Tenant on the Leased Premises in which the limits of public liability for bodily injury and • property damage shall not be less than One Million and 00/100 Dollars ($1,000,000.00) per / 1 accident, combined single limit. The policy shall name the County and City and any mortgagees of the County and City as additional insureds. The policy shall provide that the insurance thereunder shall not be canceled without thirty (30) days written notice thereof to all named insureds, including the County and City. The Tenant shall also obtain a tenant's property insurance policy insuring the Tenant's personal and business property on the Leased Premises. Section 9.2. Fire and Extended Coverages. The Tenant agrees that it will, during the term of this Lease, insure and keep insured, for the benefit of the County and City and its respective successors in interest, all of the building and improvements on the Leased Premises, or any portion thereof then in being not covered by the fire and extended casualty insurance. Such policy shall contain coverage against loss, damage or destruction by fire and such other hazards as are covered and protected against, at standard rates under policies of insurance commonly referred to and known as "extended coverage," as the same may exist from time to time. Section 9.3. Evidence of Insurance. Copies of policies of insurance (or certificates of the insurers) for insurance required to be maintained by the Tenant and the County and City pursuant to Sections 9.1 and 9.2 shall be delivered by the Tenant to the County and City, upon the issuance of such insurance and thereafter not less than thirty (30) days prior to the expiration dates thereof. • Section 9.4. Waiver of Subrogation. The County and City and the Tenant each hereby `r release the others from any and all liability or responsibility to itself or anyone claiming through or under it by way of subrogation or otherwise for any loss or damage to property caused by fire or any of the extended coverage or supplementary contract casualties, even if such fire or other casualty results from the negligence of itself or anyone for whom it may be responsible, provided, however, that this release shall be applicable and in full force and effect only with respect to loss or damage occurring during such time as any such release shall not adversely affect or impair the releasor's policies or insurance or prejudice the right of the releasor to recover thereunder. ARTICLE X. WASTE, NUISANCE; COMPLIANCE WITH GOVERNMENTAL REGULATIONS. Section 10.1. Waste and Nuisance. The Tenant shall not commit or suffer to be committed any waste or any nuisance upon the Leased Premises. Section 10.2. Governmental Regulations. During the term of this Lease, the "Tenant shall, at its sole cost and expense, comply with all of the requirements of all City, County, state, federal and other applicable governmental authorities, now in force, pertaining to the Leased Premises or the Tenant's use and occupancy thereof. ARTICLE XI. FIRE AND OTHER CASUALTY. • If the Facility shall be damaged so as to render 80% or more of the Facility untenantable by fire or other casualty, Tenant shall be solely responsible for any repairs and for restoration of the Leased Premises to good condition. If any damage or destruction from any cause whatsoever 6