OF COVERAGE FOR THE PREMISES EQUAL TO
THE AMOUNT REQUIRED BY THIS LEASE.
UPON THE ISSUANCE OF EACH SUCH POLICY TO BE
MAINTAINED BY TENANT, TENANT SHALL DELIVER A CERTIFICATE THEREOF (ACORD 27 FORM)
TO LANDLORD FOR RETENTION BY LANDLORD.
TENANT SHALL PAY TO LANDLORD,
IMMEDIATELY UPON DEMAND ALL COSTS INCURRED BY LANDLORD, AS ADDITIONAL RENT, TO
OBTAIN AND MAINTAIN IN EFFECT THE POLICIES OF INSURANCE REQUIRED UNDER THIS
PARAGRAPH 11 OR OTHERWISE REQUIRED BY LANDLORD.
(G)
LANDLORD AND TENANT, AS APPLICABLE, EITHER
PRIOR TO OR IMMEDIATELY AFTER THE COMMENCEMENT DATE, PROCURE FROM EACH OF THEIR
RESPECTIVE INSURERS PROVIDING THE INSURANCE REQUIRED BY THIS PARAGRAPH 11, A
WAIVER OF ALL RIGHTS OF SUBROGATION WHICH SUCH INSURER MIGHT OTHERWISE, IF AT
ALL, HAVE TO ANY CLAIMS AGAINST LANDLORD OR TENANT, AS APPLICABLE.
(H)
DURING THE CONTINUANCE OF ANY EVENT OF
DEFAULT OR AS REQUIRED BY A MORTGAGEE, TENANT SHALL PAY TO LANDLORD ON THE FIRST
DAY OF EACH CALENDAR MONTH AN AMOUNT EQUAL TO ONE TWELFTH (1/12) OF THE PREMIUMS
FOR THE INSURANCE REQUIRED BY THIS PARAGRAPH 11, AS REASONABLY ESTIMATED BY
LANDLORD ON THE BASIS OF BILLS AND ESTIMATES THEREOF.
IF SUCH PREMIUM PAYMENTS
SHALL HAVE BEEN MADE BY TENANT, SUCH AMOUNTS SHALL BE HELD BY LANDLORD OR
MORTGAGEE, WITHOUT INTEREST, AND SHALL NOT BE DEEMED TO BE TRUST FUNDS AND MAY
BE COMMINGLED WITH THE GENERAL FUNDS OF LANDLORD OR MORTGAGEE.
LANDLORD SHALL
APPLY SUCH AMOUNTS TO THE PAYMENT OF THE INSURANCE PREMIUMS WITH RESPECT TO
WHICH SUCH AMOUNTS WERE PAID, SUBJECT TO ANY RIGHTS OF MORTGAGEE THERETO.
LANDLORD AND MORTGAGEE SHALL MAKE NO CHARGE FOR HOLDING AND APPLYING SUCH
AMOUNTS.
IF AT ANY TIME THE AMOUNT ON DEPOSIT PURSUANT TO THIS PARAGRAPH 11(H)
SHALL BE LESS THAN THE AMOUNT DEEMED NECESSARY BY LANDLORD TO PAY SUCH PREMIUMS
AS THEY BECOME DUE, TENANT SHALL PAY TO LANDLORD THE AMOUNT NECESSARY TO MAKE
THE DEFICIENCY WITHIN FIVE (5) DAYS AFTER NOTICE FROM LANDLORD REQUESTING
PAYMENT THEREOF.
UPON THE EXPIRATION OR TERMINATION OF THE TERM OF THIS LEASE
(OTHER THAN AS A RESULT OF AN EVENT OF DEFAULT), LANDLORD SHALL PROMPTLY REFUND,
AND CAUSE ITS MORTGAGEE TO REFUND, TO TENANT ANY AMOUNT HELD BY LANDLORD
PURSUANT TO THIS PARAGRAPH.
12.
COMPLIANCE WITH LAWS, COVENANTS
Tenant shall throughout the Term promptly comply or cause compliance with or
remove or cure any violation of any and all present and future laws including
the Americans with Disabilities Act of 1990, as the same may be amended from
time to time, ordinances (zoning or otherwise), orders, rules, regulations and
requirements of all Federal, State, municipal and other governmental bodies
having jurisdiction over the Premises and the appropriate departments,
commissions, boards and officers thereof, and the orders, rules and regulations
of the Board of Fire Underwriters where the Premises are situated, or any other
body now or hereafter constituted exercising lawful or valid authority over the
Premises (collectively, "Legal Requirements"), or any portion thereof, or the
sidewalks, curbs, roadways, alleys or entrances adjacent or appurtenant