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DO NOT RECORD <br />5. Tenant shall maintain the foregoing insurance coverages in force <br />throughout the term of this Agreement. The requirement for carrying the <br />foregoing insurance coverages shall not derogate from the provisions for <br />indemnification of Landlord by Tenant under the Agreement. Landlord or <br />its representatives shall at all times have the right to demand the original <br />or a copy of all these policies of insurance, which Tenant shall provide <br />within fifteen (15) days of Landlord's request. <br />(a) Fire Insurance. <br />Tenant at its sole cost shall maintain during the term of this Lease on all of its <br />personal property, Tenant's improvements and alterations in or about the Premises, a policy <br />of standard fire and extended coverage insurance with vandalism and malicious mischief <br />endorsements to the extent of their full replacement value. The proceeds from any such <br />policy shall be used by Tenant for the replacement of personal property or the restoration of <br />Tenant's improvements or alterations. <br />(b) Commercial General Liability Insurance. <br />Tenant at its sole cost and expense shall maintain during the term of this Lease <br />commercial general liability and property damage insurance with a single combined <br />liability limit of One Million ($1,000,000.00) dollars insuring against all liability of Tenant <br />and its authorized representatives arising out of and in connection with Tenant's use or <br />occupancy of the Premises. Such insurance shall insure performance by Tenant of the <br />indemnity provisions in Sub -paragraph (d) below, but the limits of such insurance shall not, <br />however, limit the liability of Tenant hereunder. Landlord shall be named as additionally <br />insured through an Additional Insured Endorsement. If Tenant fails to procure and <br />maintain such insurance, the Landlord may but shall not be required to procure and <br />maintain same at the expense of Tenant and the cost thereof together with interest thereon <br />at the rate of ten (10%) percent per annum shall become due and payable as additional <br />rental to Landlord together with Tenant s next rental installment. <br />The policy shall name Landlord, its agents, officers, employees and volunteers as <br />Additional Insureds, and shall specifically provide that any insurance coverage which <br />may be applicable to the Premises and Tenant's insurance shall be deemed excess <br />coverage and that Tenant's insurance shall be primary. Tenant is required to give the <br />Landlord no less than thirty (30) days notice of cancellation or reduction in coverage. No <br />cancellation provision in any insurance policy shall be construed in derogation of the <br />continuous duty of Tenant to furnish insurance during the term of this Agreement. <br />The policy or policies shall also contain the following endorsements: <br />1. The insurer will not cancel or reduce the insured's coverage without <br />thirty (30) days prior written notice to Landlord; and <br />5 <br />