PERIOD OF INDEMNITY WHICH PROVIDES THAT AFTER THE
PHYSICAL LOSS TO THE IMPROVEMENTS AND EQUIPMENT HAS BEEN REPAIRED, THE CONTINUED
LOSS OF INCOME WILL BE INSURED UNTIL SUCH INCOME EITHER RETURNS TO THE SAME
LEVEL IT WAS AT PRIOR TO THE LOSS, OR THE EXPIRATION OF SIX (6) MONTHS FROM THE
DATE THAT THE LEASED PREMISES ARE REPAIRED OR REPLACED AND OPERATIONS ARE
RESUMED, WHICHEVER FIRST OCCURS.
IF THE TENANT IS NOT THE TENANT FIRST-NAMED
HEREIN OR A SUBSIDIARY OR AFFILIATE OF THE NEW YORK TIMES COMPANY, BUSINESS
INCOME/EXTRA EXPENSE INSURANCE IN AN AMOUNT NO LESS THAN THE SUM OF PILOT AND
THE "THEATER SURCHARGE" APPLICABLE TO THE SPU AREAS
FOR ONE (1) YEAR AS
REASONABLY DETERMINED BY TENANT, SUBJECT TO THE LANDLORD'S PRIOR WRITTEN
APPROVAL AND ADJUSTMENTS FROM TIME TO TIME (BUT NOT MORE FREQUENTLY THAN ONCE
ANNUALLY FOR THE FIRST FIVE (5) YEARS AFTER THE COMMENCEMENT DATE AND,
THEREAFTER, NOT MORE FREQUENTLY THAN ONCE EVERY TWO (2) YEARS).
(VI)
DURING ANY PERIOD IN WHICH SUBSTANTIAL ALTERATIONS AT THE LEASED
PREMISES ARE BEING UNDERTAKEN, BUILDER'S RISK INSURANCE COVERING THE TOTAL
COMPLETED VALUE, INCLUDING ALL HARD AND SOFT COSTS (WHICH SHALL INCLUDE BUSINESS
INTERRUPTION COVERAGE) WITH RESPECT TO THE IMPROVEMENTS BEING CONSTRUCTED,
ALTERED OR REPAIRED (ON A COMPLETED VALUE, NON-REPORTING BASIS), REPLACEMENT
COST OF WORK PERFORMED AND EQUIPMENT, SUPPLIES AND MATERIALS FURNISHED IN
CONNECTION WITH SUCH CONSTRUCTION, ALTERATION OR REPAIR OF IMPROVEMENTS OR
EQUIPMENT, TOGETHER WITH SUCH OTHER ENDORSEMENTS AS LANDLORD MAY REASONABLY
REQUIRE, AND TENANT SHALL MAINTAIN OR SHALL CAUSE THE APPLICABLE GENERAL
CONTRACTOR AND SUBCONTRACTORS TO MAINTAIN, GENERAL LIABILITY, WORKER'S
COMPENSATION AND AUTOMOBILE LIABILITY INSURANCE WITH RESPECT TO THE IMPROVEMENTS
BEING CONSTRUCTED, ALTERED OR REPAIRED.
TENANT SHALL BE ENTITLED TO MAINTAIN
ANY COVERAGE REQUIRED UNDER THIS CLAUSE (VI) AS A SUBLIMIT FOR "PROPERTY UNDER
CONSTRUCTION" UNDER ITS "ALL-RISK" PROPERTY/CASUALTY COVERAGE MAINTAINED UNDER
CLAUSE (I) OF THIS PARAGRAPH 16(A) ABOVE.
(VII)
POLLUTION LIABILITY INSURANCE WITH LIMITS OF NOT LESS THAN FIVE
MILLION DOLLARS ($5,000,000) (AS SUCH SUM SHALL BE ADJUSTED FOR INFLATION IN
ACCORDANCE WITH THE CPI FROM AND AFTER THE COMMENCEMENT DATE) PER OCCURRENCE AND
IN THE AGGREGATE WITH A DEDUCTIBLE OF NO MORE THAN $1,000,000 (AS SUCH SUM SHALL
BE ADJUSTED FOR INFLATION FROM IN ACCORDANCE WITH THE CPI FROM AND AFTER THE
COMMENCEMENT DATE), PROVIDING COVERAGE FOR BODILY INJURY OR PROPERTY DAMAGE
ARISING
FROM, OR CLEANUP OF, ACTUAL, ALLEGED OR THREATENED EMISSIONS,
DISCHARGE, DISPERSAL, SEEPAGE, RELEASE OR ESCAPE OF HAZARDOUS SUBSTANCE FROM,
ON, UNDER, IN OR ONTO THE LEASED PREMISES OR ANY PART OF THE LAND OR BUILDING,
AS THE CASE MAY BE, INCLUDING ANY LOSS, COST, OR EXPENSE INCURRED AS A RESULT OF
THE INVESTIGATION, SETTLEMENT OR DEFENSE OF ANY CLAIMS, SUIT
OR PROCEEDINGS
AGAINST LANDLORD, INCLUDING THE PAYMENT OF ANY MONETARY AWARDS OF COMPENSATORY
DAMAGES, ARISING FROM ANY SUCH OCCURRENCE.
(VIII)
SUCH OTHER INSURANCE (OR OTHER OR DIFFERENT TERMS WITH RESPECT TO
ANY INSURANCE REQUIRED PURSUANT TO THIS PARAGRAPH 16, INCLUDING WITHOUT
LIMITATION AMOUNTS OF COVERAGE, DEDUCTIBLES, FORM OF MORTGAGEE CLAUSE, INSURER
RATING) ON