Laserfiche WebLink
<br />Verification of Coverage: Tenant shall furnish City with original Certificate(s) of <br />Insurance and all required amendatory endorsements or copies of the applicable policy language <br />effecting coverage requiredby this clause and a copy of the Declarations and Endorsement Page of <br />the CGL policy listing all policy endorsements before occupying the premises. A statement on a <br />Certificate(s) of Insurance will not be accepted in lieu of the actual endorsements required herein. <br />All Certificates of Insurance and endorsements are to be received and approved by City before <br />Tenant is to occupy the premises. However, failure to obtain the required documents prior to the <br />work beginning shall not waive the Tenant’s obligation to provide them. The City reserves the right <br />to require complete, certified copies of all required insurancepolicies, including endorsements, <br />required by these specifications, at any time. <br />Failure to Maintain Insurance Coverage: If Tenant, for any reason, fails to maintain <br />insurance coverage which is required pursuant to this contract, the same shall be deemed a material <br />breach of contract. City, at its sole option, may terminate this contract at any time and obtain <br />damages from Tenant resulting from said breach. Alternatively, City may purchase such coverage <br />(but has no obligation to do so), and seeks reimbursement for such cost of insurance premiums <br />from Tenant. <br />Special Risks or Circumstances: City reserves the right to modify these requirements at <br />any time, including limits, based on the nature of the risk, prior experience, insurer, coverage, or <br />other special circumstances. <br />18. DAMAGE BY CASUALTY <br />a.In the event of a fire or other casualty in the Premises, Tenant shall immediately <br />give notice thereof to Landlord. <br />b.If the Premises, through no fault of Tenant, its agents, employees, invitees, or <br />visitors, shall be partially destroyed by fire or other casualty so as to render the Premises <br />untenantable as reasonably determined by Landlord, Rent shall abate in proportion to the <br />percentage of square footage of the Premises rendered unusable until such time as the Premises <br />are made tenantable as reasonably determined by Landlord. The entire Premises shall be made <br />tenantable by Landlord’s diligent repair within sixty (60) days following the fire or casualty <br />incident. <br />c.Except where Landlord is not obligated to repair or rebuild the Building or the <br />Premises, Landlord will use due diligence to repair or rebuild the same (except that Landlord will <br />have no obligation to repair or replace any alteration, addition, or improvements to the Premises <br />other than the Tenant Improvements installed at Landlord's expense which will be repaired only <br />to the level of Building Standard Improvements). <br />d.In the event of (i) the total destruction of the Premises, (ii) the partial destruction <br />of the Premises or the Building where the same is so damaged that it cannot, in Landlord's <br />Page 6 of 12