(B)
LESSEE SHALL PROCURE AND MAINTAIN SUCH LIABILITY INSURANCE,
WORKERS COMPENSATION, PERFORMANCE AND LABOR AND MATERIAL BONDS AS LESSOR MAY
REASONABLY REQUIRE IN CONNECTION WITH SUCH WORK WITH CARRIERS, AND UPON SUCH
TERMS, AS LESSOR MAY REASONABLY REQUIRE;
(C)
LESSEE SHALL PROMPTLY PAY AND DISCHARGE ALL COSTS, EXPENSES,
DAMAGES AND OTHER LIABILITIES WHICH MAY ARISE IN CONNECTION WITH OR BY REASON OF
SUCH WORK; AND
(D)
LESSEE SHALL PROCEED WITH DUE DILIGENCE IN COMPLETION OF ANY WORK
AND, PROMPTLY UPON COMPLETION OF ANY SUCH ALTERATION OR ADDITION, LESSEE SHALL
GIVE NOTICE THEREOF TO LESSOR TOGETHER WITH A CERTIFICATE SIGNED BY A
RESPONSIBLE OFFICER OF LESSEE, OR AN ARCHITECT IN THE EVENT ONE WAS USED IN
CONNECTION WITH THE WORK, TO THE EFFECT THAT (I) SUCH ALTERATION OR ADDITION HAS
BEEN COMPLETED IN ACCORDANCE WITH THE PLANS AND SPECIFICATIONS, IF ANY, AND TO
THE SATISFACTION OF LESSEE; (II) ALL CONTRACTORS, SUBCONTRACTORS, MATERIALMEN
AND OTHER SUPPLIERS WHO COULD OTHERWISE CLAIM A LIEN ON THE DEMISED PREMISES OR
THE IMPROVEMENTS BY REASON OF HAVING SUPPLIED LABOR OR MATERIALS IN CONNECTION
WITH SUCH ALTERATION OR ADDITION HAVE BEEN PAID IN FULL OR HAVE DULY AND
EFFECTIVELY WAIVED OR RELEASED ALL RIGHTS TO ANY SUCH LIENS, OR THAT ANY SUCH
LIENS FILED BY ANY OF THEM ARE BEING DULY CONTESTED AND HAVE BEEN BONDED (UNLESS
LESSOR SHALL HAVE AGREED TO ACCEPT OTHER SECURITY REASONABLY SATISFACTORY TO
IT); AND (III) SUBJECT TO ANY CONTEST OF MECHANICS' LIENS REFERRED TO IN CLAUSE
(II), THE DEMISED PREMISES AND THE IMPROVEMENTS ARE FREE AND CLEAR OF ALL LIENS
AND ENCUMBRANCES THAT MIGHT OR COULD ATTACH THERETO BY REASON OF SUCH
ALTERATION-OR ADDITION.
11
SECTION 9.03.
ALL ALTERATIONS, REPLACEMENTS, AND ADDITIONS MADE BY
LESSEE ON THE DEMISED PREMISES SHALL BE AND BECOME PART OF THE IMPROVEMENTS AND
SHALL, UPON TERMINATION OF THIS LEASE, BELONG TO LESSOR.
SECTION 9.04.
ALL MATERIAL SALVAGED IN CONNECTION WITH ANY WORK WHICH
LESSEE IS PERMITTED TO DO HEREUNDER SHALL BELONG TO LESSEE.
ARTICLE TEN
INSURANCE AND DAMAGE
SECTION 10.01.
AT ALL TIMES, (A) LESSOR SHALL KEEP THE IMPROVEMENTS
INSURED FOR FULL REPLACEMENT VALUE, UNDER A PROPERTY INSURANCE (SPECIAL FORM)
POLICY OF INSURANCE (WHICH MAY INCLUDE, WITHOUT LIMITATION, RENT INSURANCE,
BUILDING ORDINANCE COVERAGE, WATER DAMAGE, WAR AND TERRORISM INSURANCE AND IN
THE FUTURE SHALL INCLUDE ONLY SUCH ADDITIONAL COVERAGE AS IS GENERALLY CARRIED
FOR PROPERTIES OF A CHARACTER SIMILAR TO THE DEMISED PREMISES AND IMPROVEMENTS
AND SIMILARLY SITUATED]) AND (B) COMMERCIAL GENERAL LIABILITY INSURANCE WITH A
COMBINED SINGLE LIMIT OF NO LESS THAN $10,000,000 PER OCCURRENCE AND AGGREGATE
WHETHER AS PRIMARY OR IN COMBINATION WITH UMBRELLA EXCESS.
ALL INSURANCE
OBTAINED BY LESSOR SHALL BE FOR THE EXCLUSIVE BENEFIT OF LESSOR AND LESSOR'S
MORTGAGEE, AS APPLICABLE, EXCEPT THAT POLICY(IES) DESCRIBED IN (B) ABOVE SHALL
NAME LESSEE AS AN ADDITIONAL INSURED, BUT NOT AS A NAMED INSURED.
ALL LOSSES
FILED WITH RESPECT TO THE PROPERTY INSURANCE (SPECIAL FORM) POLICY OF INSURANCE
SHALL BE ADJUSTED BY AND PAID TO LESSOR.
ALL POLICIES SHALL BE ISSUED BY
INSURANCE CARRIERS