AUTHENTICATED BY THE INSURER AS HAVING BEEN ISSUED,
PREMIUM PAID) OR A CERTIFICATE OF THE INSURER CERTIFYING IN FORM SATISFACTORY TO
LANDLORD THAT A POLICY HAS BEEN ISSUED, PREMIUM PAID, PROVIDING THE COVERAGE
REQUIRED BY THIS PARAGRAPH AND CONTAINING THE PROVISIONS SPECIFIED HEREIN. WITH
RESPECT TO EACH RENEWAL OR REPLACEMENT OF ANY SUCH INSURANCE, THE REQUIREMENTS
OF THIS PARAGRAPH MUST BE COMPLIED WITH NOT LESS THAN THIRTY DAYS PRIOR TO THE
EXPIRATION OR CANCELLATION OF THE POLICIES BEING RENEWED OR REPLACED. LANDLORD
MAY, AT ANY TIME AND FROM TIME TO TIME, INSPECT AND/OR COPY ANY AND ALL
INSURANCE POLICIES REQUIRED TO BE CARRIED BY TENANT PURSUANT TO THIS ARTICLE. IF
LANDLORD'S LENDER, INSURANCE BROKER, ADVISOR OR COUNSEL REASONABLY DETERMINES AT
ANY TIME THAT THE AMOUNT OF COVERAGE SET FORTH IN PARAGRAPH 9.1(A) FOR ANY
POLICY OF INSURANCE TENANT IS REQUIRED TO CARRY PURSUANT TO THIS ARTICLE IS NOT
ADEQUATE, THEN TENANT SHALL INCREASE THE AMOUNT OF COVERAGE FOR SUCH INSURANCE
TO SUCH GREATER AMOUNT AS LANDLORD'S LENDER, INSURANCE BROKER, ADVISOR OR
COUNSEL REASONABLY DEEMS ADEQUATE.
9.2
Landlord's Insurance.
With respect to insurance maintained by
Landlord:
(A)
LANDLORD SHALL MAINTAIN, AS THE MINIMUM COVERAGE REQUIRED OF IT BY THIS
LEASE, FIRE AND PROPERTY DAMAGE INSURANCE IN SO-CALLED "FIRE AND EXTENDED
COVERAGE" FORM INSURING LANDLORD (AND SUCH OTHERS AS LANDLORD MAY DESIGNATE)
AGAINST LOSS FROM PHYSICAL DAMAGE TO THE BUILDING WITH COVERAGE OF NOT LESS THAN
ONE HUNDRED PERCENT (100%) OF THE FULL ACTUAL REPLACEMENT COST THEREOF AND
AGAINST LOSS OF RENTS FOR A PERIOD OF NOT LESS THAN SIX MONTHS. SUCH FIRE AND
PROPERTY DAMAGE INSURANCE, AT LANDLORD'S ELECTION BUT WITHOUT ANY REQUIREMENTS
ON LANDLORD'S BEHALF TO DO SO, (I) MAY BE WRITTEN IN SO-CALLED "ALL RISK" FORM,
EXCLUDING ONLY THOSE PERILS COMMONLY EXCLUDED FROM SUCH COVERAGE BY LANDLORD'S
THEN PROPERTY DAMAGE INSURER; (II) MAY PROVIDE COVERAGE FOR PHYSICAL DAMAGE TO
THE IMPROVEMENTS SO INSURED FOR UP TO THE ENTIRE FULL ACTUAL REPLACEMENT COST
THEREOF; (III) MAY BE ENDORSED TO COVER LOSS OR DAMAGE CAUSED BY ANY ADDITIONAL
PERILS AGAINST WHICH LANDLORD MAY ELECT TO INSURE, INCLUDING EARTHQUAKE AND/OR
FLOOD; AND/OR (IV) MAY PROVIDE COVERAGE FOR LOSS OF RENTS FOR A PERIOD OF UP TO
TWELVE MONTHS. LANDLORD SHALL NOT BE REQUIRED TO CAUSE SUCH INSURANCE TO COVER
ANY OF TENANT'S PERSONAL PROPERTY, INVENTORY, AND TRADE FIXTURES, OR ANY
MODIFICATIONS, ALTERATIONS OR IMPROVEMENTS MADE OR CONSTRUCTED BY TENANT TO OR
WITHIN THE LEASED PREMISES. LANDLORD SHALL USE COMMERCIALLY REASONABLE EFFORTS
TO OBTAIN SUCH INSURANCE AT COMPETITIVE RATES.
(B)
LANDLORD SHALL MAINTAIN COMMERCIAL GENERAL LIABILITY INSURANCE INSURING
LANDLORD (AND SUCH OTHERS AS ARE DESIGNATED BY LANDLORD) AGAINST LIABILITY FOR
PERSONAL INJURY, BODILY INJURY, DEATH, AND DAMAGE TO PROPERTY OCCURRING IN, ON
OR ABOUT, OR RESULTING FROM THE USE OR OCCUPANCY OF THE PROPERTY, OR ANY PORTION
THEREOF, WITH COMBINED SINGLE LIMIT COVERAGE OF AT LEAST THREE MILLION DOLLARS
($3,000,000). LANDLORD MAY CARRY SUCH GREATER COVERAGE AS LANDLORD OR LANDLORD'S
LENDER, INSURANCE BROKER, ADVISOR OR COUNSEL MAY FROM TIME TO TIME DETERMINE IS