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11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 cost thereof, and in no event less than the total amount required by any lender holding a security interest. LESSOR agrees to and shall include in the policy or policies of commercial property insurance a standard waiver of the right of subrogation against the County of Orange, its elected and appointed officials, officers, agents and employees by the insurance company issuing said policy or policies. LESSOR shall provide the County of Orange with a Certificate of Insurance as evidence of compliance with these requirements. Commercial General Liability Insurance: LESSOR shall obtain and keep in force during the term of this Lease a policy or policies of commercial general liability insurance covering all injuries occurring within the building and the Premises. The policy or policies evidencing such insurance shall provide the following: 1) An Additional Insured endorsement using ISO form CG 20 26 04 13 or a from at least as broad naming the County of Orange, its elected and appointed officials, officers, agents and employees as an additional insured, or provide blanket coverage which will state, AS REQUIRED BY WRITTEN AGREEMENT; 2) A primary and non-contributory endorsement using ISO form CG 20 0104 13, or a form at least as broad evidencing that the Lessor's insurance is primary and any insurance or self-insurance maintained by the County of Orange shall be excess and non-contributing; 3) LESSOR shall notify County in writing within thirty (30) days of any policy cancellation and ten (10) days for non-payment of premium and provide a copy of the cancellation notice to County. Failure to provide written notice of cancellation may constitute a material breach of the Lease, upon which the County may suspend or terminate this Lease. 4) Shall provide a limit of One Million Dollars ($1,000,000) per occurrence with a Two Million Dollars ($2,000,000) aggregate; and 5) The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edition of the Best's Key Rating Guide/Property-Casualty/United States or ambest.com). It is preferred, but not mandatory, that the insurer be licensed to do business in the state of California (California Admitted Carrier). If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings. Prior to the Commencement Date of this Lease and upon renewal of such policies, LESSOR shall submit to COUNTY a Certificate of Insurance and required endorsements as evidence that the foregoing policy or policies are in effect. If LESSOR fails to procure and maintain the insurance required to be procured by LESSOR under this Lease, COUNTY may, but shall not be required to, order such insurance and deduct the cost thereof plus any COUNTY administrative charges from the rent thereafter payable. 8. CONDITION OF PARKING AREA UPON TERMINATION (N) Except as otherwise agreed to herein, upon termination of this License, COUNTY shall redeliver possession of said License Area to LICENSOR in substantially the same condition that existed immediately prior to COUNTY's entry thereon, reasonable wear and tear, flood, earthquakes, other natural disaster, and war excepted. sL 10/2018 Page 7 of 9 LICENSE FICA PARKING LICENSE