|
EXIiII)IT "G"
<br />iNSUIZANCC RERUIREMCNTS
<br />Poll
<br />L1 Property Insurance. At all tines during the Term of this Lease, Tenant shall procure and maintain, at its soli expense, "All.
<br />Risk" (and at Landlord's option earthquake, earthquake sprinkler leakage and/or flood) property Insurance, in an amount not less than one hundred
<br />percent (100%) of roplucenlent cost covering; (a) ell Leasehold Improvements (b) all floor and wall coverings; and (a) all Tenam's Personal Property
<br />in or about the Premises and Project. The proceeds ctsuch insurance shall be used for the repair and replacement of the property so Insured, except
<br />that If not so applied or if Uris lease is tcmilamcd following a casualty, the proceeds applicable to the Leasehold Improvements shall be paid to
<br />Landlord and the proceeds applicable to'renant's Personal Property shall be paid to Tenant.
<br />1.2 Business intorrnntiun Inslu•anca, At all times during the Tenn OF this Lease, Tenant shall procure and maintain business
<br />Interruption insurance in such amount as will reimburse Tenant for direct or indirect loss of earnings Attributable to all perils insured against in
<br />Section of this )<xltibil „C" for a period of no( less than twelve (12) months.
<br />L) Liability Insurance,
<br />1.3.1 At all times during the Tenn of this Lease, Tenant shall procure and maintain, at its sole expense for the protection of
<br />Landlord old Tenant, commercial general liability insurance applying to the use and occupancy of Elie Promises and the business operated by Tenant.
<br />Such insurance shall hnve a minimum combined single limit of liability of at bast $2,000,000 per occurrence and a genaml Aggregate limit oral least
<br />$3,000,000, and Tenant slmll provide In addition excess liability Insurance an a following form basis, with overall liar to of at least $5,000,000, All
<br />such policies shall be written to apply to all bodily Injury (including death), property damage and personal hQury lasses, shall Include blanket
<br />contractual liability, broad fann property damage, independent conb-dolor's coverage, completed operations, products liability, cross liability and
<br />severance of interest clauses, and shall be endorsed to Include Landlord and the Landlord's Additional Insureds as additional insureds.
<br />1.12 At all times during the Term of this Leon, Tenant shall procure and maintain, at Its sole expense for the protectlm of
<br />Landlord and Tenant, primary automobile liability insurance with limits o£nat less than $1,000,000 per occurrence covering owned, hired and non -
<br />owned vehicles used by Tenant.
<br />1.33 Prior to Elie sale, storage, use or giving away of alcoholic beverages on or from the Premises by Tenant or doodler
<br />person, Tenmit, al its own expense, shall obtain a policy or policies of Insurance issued by a responsible Insurance company and inn form acceptable
<br />to Landlord saving harmless and pmtecting Landlord and the Promises ngalnst any and all damages, claims, lions, Judgments, expenses and costs,
<br />Including actudl atotnays' fees, OdSing under any present or Future law, statute, or ordinance of the Suto of California or other governmental
<br />authority having jurisdiction or the Premises, by reason of any storage, sale, use or giving away of alcoholic beverages on or from the Premises,
<br />Such policy or policies ofinsurance shall have a minimum combined single limit oF$3,000,000 per occurrence and shall apply to bodily Injury, fatal
<br />or nonfatal; injury to means Or support; and Injury to properly of oily person, Such policy or policies of insurance shall name the Landlord and Its
<br />agents, beneficiaries, partners, employees and any Holder of any Security lnstruinett designated by Landlord as additional insureds,
<br />114 Markers' Compensation' Emolover's Liability Insurance. Worker's Compensation Insurance. In accordance with the
<br />pvavisiuns of Section 3700 of the Labor Code, Temmtf, if Tenant has any omployees, is required to be Insured against liability for worker's
<br />compensation Or to undertake self-insurance. Prior to commencing the perrormance or the work under tils Agreement, Tenant Agrees to obtain and
<br />maintain any employer's liability insurance with limits not less then $1,000,000 peraocident
<br />2, Polley Requircinents. All insurance required to be maintained by Tenant shall be issued by insurance companies auucrixed to do
<br />insurance business in the State or California and rated net less than A:X in Beat's Insurance Guide. All such Insurance policies simll be written as
<br />primary policies, lint excess or contributing with or secondary to any other insurance As may be available to Landlord or to Elie additional Insureds. A
<br />certificate of insurmiee (or, at Landlord's option, copies ot'the applicable policies) evidencing die insurance required under this Exhi 't'",-lau__C shall be
<br />delivered to Landlord not less than thirty (30) days prior to the Commencement pate, No such policy shall be subject to camceilnton or modification
<br />without thirty (30) days prior written notice to Landlord and to any Holder orally Security Instrument designated by Lundlord and such policy shall
<br />be endorsed to provide that Elie insurer lhemunder shall provide Landlord with written notice crony fnllure by Tennnt to pay oily premium thereunder
<br />when dune and such failure continues for a period orten (I0) days after such date. Tenant shall furnish Landlord with A replacement certificate will
<br />respect to ally insurance not less than thirty (30) days prior to the expiration of the current policy, Tenant shall have tine right to provide the insurance
<br />required by this 'e 'bi "G" pursuant to blanket policies, but only if such blanket policies expressly provide coverage to the Premises and the
<br />Landlord as requimd bytbis Loan without regard to claims made under such policies with respect to other parsons,
<br />3, Aliscelianeons. Tenant shall not keep, use, sell or error for sale In or upon die Premises any article which may be prohibited by any
<br />insurance policy periodically in Cone covering tic Premises, Elie Building or the Project. If any of Landlord's insurance policies shall be cancelled or
<br />cancellation shall he threatened or, die coverage thereunder reduced or threatened to be reduced in any way because of Elie use of tlic Premises or any
<br />part theroor by Tenant or any Assignee. subleount, licensee or invilcu or Tennnt and, If 'tenant fails to remedy Ilse condition giving rise to such
<br />cancellation, threatened cancellation, reduction ofcoverage, or lhrenlened reduciion ofcoveroge, with In 48 (hours after notice thereof, Landlord cony.
<br />Lit its option, either terminate this Lcnse or enter upon the Premises and nucirpi to remedy such condition. and Tenunl shall pruminly pay die cost
<br />Ihercol'lo Landlord ms Additional Rent, II'Lundlorl is unable, or elects not to remedy such condition, then Landlord slmll have all Of the remedies
<br />provided fur in Ills Lcnsu upon the occurrence or ran Event of pedudt. 'tenant shall not do or permit 10 IV (lane any ocl at• things upon or About the
<br />Premises or the Project, vtliich will: (a) result in the assertion or any defense by die Insurer to Any claim under, (b) invalidate Or (c) be In can Net
<br />wilh, the insurnnce policies of Landlord of Tenant covering the Building. the Premises or fixares and property therein. of which would Inerense the
<br />rate of lire insurance applicable to the Building or the Project to on amount higher than It Otherwise would be; and Tenant shall neither do nor permit
<br />to bo done Ally act or thing upon or About the Premises or the Building which shall or might subject Landlord to any liability or responsibility lair
<br />InJury to oily parson or pasons or to property. ll', its a result of any not or umissiun by or on the part or-renam or violation or this Leone, whether or
<br />801 Wchdr Center Dr— Chu nf.Sanm,ana Leave .1 • Gxhrbit G
<br />80A-465
<br />
|