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<br />(c) Waiver of Subrogation.
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<br />As long as their respective insurers so permit, Landlord and Tenant hereby mutually
<br />waive their respective rights of recovery against each other for any loss insured by fire, extended
<br />coverage and other property insurance policies existing for the benefit of the respective parties.
<br />Each party shall obtain any special endorsements, if required by their insurer to evidence
<br />compliance with the aforementioned waiver.
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<br />(d) Hold Harmless.
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<br />Tenant shall indemnify Landlord against all claims, damages, losses, costs, liabilities and
<br />expenses, arising from Tenant's use of the Premises for the conduct of its business, or from any
<br />activity, work, or other thing done, permitted, or suffered by the Tenant in or about the building,
<br />and shall further indemnify and hold harmless Landlord against and from any and all claims
<br />arising from any breach or default in the performance or any obligation on Tenant's part to be
<br />performed under the terms of this Lease, or arising from any act or negligence of the Tenant, or
<br />any officer, agent, employee, guest, or invitee of Tenant, and from and against all costs, attorney's
<br />fees, expenses and liabilities incurred by any such claim or any action or proceeding brought
<br />thereon and, in any case, action, or proceeding brought against Landlord by reason of any such
<br />claim.
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<br />Landlord or its agents shall not be liable for any damage to property entrusted to
<br />employees of the building, nor for loss or damage to any property by theft or otherwise, nor for
<br />any injury to or damage to persons or property resulting from fire, explosion, falling plaster,
<br />steam, gas, electricity, water, or rain which may leak from any part of the building or from the
<br />pipes, appliances, or plumbing works therein or from the roof of any structure on the Property, or
<br />from any other place resulting from dampness or any other cause whatsoever, unless caused by or
<br />due to negligence of Landlord, its agents, servants or employees for failing to repair such
<br />condition(s) within a reasonable time after written notice of the need for such repair is given to
<br />Landlord by Tenant.
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<br />Tenant shall give prompt notice to Landlord with respect to any defects, fire or accidents
<br />observed by Tenant on the Premises, or on the Property, or of defects therein, or in the fixtures or
<br />equipment.
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<br />16. RECONSTRUCTION
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<br />In the event that the Premises or the building of which the Premises are a part are
<br />damaged by fire or other perils covered by extended coverage insurance, Landlord agrees to
<br />forthwith repair the same; and this Lease shall remain in full force and effect, except that Tenant
<br />shall be entitled to a proportionate reduction, to be based upon the extent to which the making of
<br />such repair shall materially interfere with the business carried on by the Tenant in the Premises.
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