80A - JOINT WORK CENTER MOU - Laserfiche WebLink

Home Browse Search

SCFlLDULE"C.-2" INSURANCE RPOUIREMENTS General Cavern fen. All or Tenant's Agenls shall curry woldcer's compensation insurAnce covering all of ill al" respective employees, and shall also carry public liability Insurance, including property damage, all with limits, In form and with companies es am required to be carried by Tenant os set forth hi A rdolle I I of the Lease, Snocial CtIvergoes. The Tenant Improvements shall be insured by Tenant pursuant to Article I I of the Lease Immediately upon completion thereof, All of Tenant's Agents shall cart' excess liability mid Products and Completed Operation Coverage insurance, each in amounts not less than $1,000.000 per Incident, $2,000,000 in aggregate, primary automobile liability insurance with limits of not less than $1,000,000 per occunlence, and wodcers' compensation as repaired by law, and in feral and with companies as are required to be carried by Tenant as set fbrlh in Article I I of(lie Lease. f—,UL J1 Terms. Certificates Ibr all Insurance carried pursuant to this Schedule "C-2" aheil be delivered to Landlord before any entry into the Project by Tenant or Any Tenant's AgenL All such policies or insurance must contain a provision that the company writing Bald policy will give Landlord dth•ty (30) days prior written notice of any cancellation or lapse of the effective date orally reduction in the amounts of such Insurance, In the event that the Tenant improvements are damaged by oily Tenant's Agents during die course of the construction thereof, Tenant shall Immediately repair the same at Tenant's sole cost slid expense. Tenant's Agents shall nininwin oil orthe foregoing insurance coverage in force until the Tenant Improvements are fully completed and accepted by Landlord. All policies carried under this Schedule "C-2" shall insure Landlord and Tenant, as their Interests may appear, as well Be Contractor and Tenant's Agents. All insurance, except Workers' Compensation, maintained by Tenant's Agents shall preclude subrogation claims by the Insurer against anyone Insured thereunder. Such insurance shall provide that it is primary insurance as respects the Landlord mid that any other Insurance maintained by Landlord is excess and noncontributing with the insurance required hereunder, The requirements ofthe foregoing insurance shall not derogate from the provisions for Indemnification of Landlord by Tenant contained in this Work Letter, 401 O'Clae Center Or- City nfSnnnt Ann serfs,, ScheduleC 2 80A-165