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Imo• <br />`y <br />Ana for any construction work undertaken by Tenant on the Premises. <br />12. INSURANCE. <br />(a) Property insurance. <br />Landlord, at its cost, shall maintain during the term of this <br />Lease on the Premises a policy or policies of all -risk property <br />insurance to the extent of one hundred percent (100 %) of full <br />replacement value thereof, except as to earthquake and flood <br />coverage. Landlord shall have no responsibility to provide <br />insurance coverage of the personal property of Tenant located on <br />the Premises. <br />(b) Liability insurance. <br />Tenant at its sole cost and expense shall maintain during the <br />term of this Lease bodily injury and property damage insurance with <br />a single combined liability limit of one million dollars ($1,000,- <br />000.00) dollars, insuring against all liability of Tenant and its <br />authorized representatives arising out of or in connection with <br />Tenant's use or occupancy of the Premises. Such insurance shall <br />insure performance by Tenant of the indemnity provisions in <br />paragraph (a) of Section 14 of this Agreement, but the limits of <br />such insurance shall not, however, limit the liability of Tenant <br />thereunder. The City of Santa Ana, the Community Redevelopment <br />Agency of the City of Santa Ana, and their officers, agents and <br />employees shall be named as additional insureds. Tenant shall (a) <br />furnish properly executed certificates of insurance to Landlord's <br />Executive Director prior to the Commencement Date, which certifi- <br />cates shall clearly evidence all coverages required above and <br />provide that such insurance shall not be materially changed or <br />terminated except on 30 days' prior written notice to the Landlord; <br />and (b) maintain such insurance throughout the term of the lease of <br />the Premises to Tenant; and (c) replace such certificates for <br />policies expiring prior to the expiration or other termination of <br />such lease. If Tenant shall fail to procure and maintain such <br />insurance, the Landlord may but shall not be required to procure <br />and maintain same at the expense of Tenant. <br />(c) Waiver of Subrogation. <br />Tenant and Landlord each waive any and all rights of recovery <br />against the other or against the officers, employees, agents, and <br />representatives of the other for loss of or damage to such waiving <br />party or its property or the property of others under its control, <br />where such loss or damage is insured against under any insurance <br />policy in force at the time of such loss or damage. Each party <br />shall cause each insurance policy obtained by it hereunder to <br />provide that the insurance company waives all right of recovery by <br />way of subrogation against either party in connection with any <br />damage covered by any such policy. <br />W <br />