TENANT'S PROPERTY ON THE DEMISED PREMISES INSTALLED BY, FOR, OR AT THE EXPENSE
OF TENANT, AND (II) ALL OTHER IMPROVEMENTS, ALTERATIONS AND ADDITIONS TO THE
DEMISED PREMISES.
SUCH INSURANCE SHALL BE WRITTEN ON AN "ALL RISKS" OF PHYSICAL
LOSS OR DAMAGE BASIS, FOR THE FULL REPLACEMENT COST VALUE NEW WITHOUT DEDUCTION
FOR DEPRECIATION OF THE COVERED ITEMS AND IN AMOUNTS THAT MEET ANY CO-INSURANCE
CLAUSES OF THE POLICIES OF INSURANCE AND SHALL INCLUDE A VANDALISM AND MALICIOUS
MISCHIEF ENDORSEMENT, SPRINKLER LEAKAGE COVERAGE AND EARTHQUAKE SPRINKLER
LEAKAGE COVERAGE.
7.1.3
WORKER'S COMPENSATION AND EMPLOYER'S LIABILITY
INSURANCE, WITH A WAIVER OF SUBROGATION ENDORSEMENT, IN STATUTORY AMOUNTS AND
LIMITS.
7.1.4
BUSINESS INTERRUPTION, LOSS OF INCOME AND EXTRA
EXPENSE INSURANCE IN AN AMOUNT NOT LESS THAN ONE (1) YEAR OF BASE RENT TO
REIMBURSE TENANT FOR DIRECT OR INDIRECT LOSS OF EARNINGS ATTRIBUTABLE TO ALL
PERILS COMMONLY INSURED AGAINST BY PRUDENT TENANTS OR ATTRIBUTABLE TO PREVENTION
OF ACCESS TO THE DEMISED PREMISES OR TO THE BUILDINGS AS A RESULT OF SUCH
PERILS.
7.2
LANDLORD'S INSURANCE.
AT ALL TIMES FROM AND
AFTER THE COMMENCEMENT DATE, LANDLORD SHALL, AS AN OPERATING EXPENSE,
MAINTAIN
IN EFFECT A POLICY OR POLICIES OF INSURANCE PROVIDING PROTECTION FOR THE
FOLLOWING LIABILITIES AND/OR RISKS:
(A) PUBLIC LIABILITY FOR BODILY INJURY AND
PROPERTY DAMAGE ARISING FROM LANDLORD'S OWNERSHIP AND/OR OPERATION OF THE
PROJECT WITH COVERAGE LIMITS AT LEAST EQUAL TO THOSE TENANT IS REQUIRED TO
MAINTAIN IN ACCORDANCE WITH SECTION 7.1, (B) ANY PERIL, IN LANDLORD'S REASONABLE
DISCRETION, INSURABLE UNDER AN "ALL RISKS" POLICY COVERING THE BUILDINGS OF
WHICH THE DEMISED PREMISES ARE A PART AND THE TENANT IMPROVEMENTS, EXCLUSIVE OF
ANY ITEMS INSURED BY TENANT PURSUANT TO SECTION 7.1, IN AN AMOUNT EQUAL TO EACH
BUILDING'S AND THE IMPROVEMENTS' FULL REPLACEMENT COST (EXCLUSIVE OF THE COST OF
EXCAVATIONS, FOUNDATION AND FOOTINGS) AND (C) RENT LOSS INSURANCE IN AN AMOUNT
EQUAL TO NOT MORE THAN TWELVE (12) MONTHS' OF THE BUILDING'S ESTIMATED GROSS
RECEIPTS.
LANDLORD'S OBLIGATION TO CARRY THE "ALL RISKS" INSURANCE PROVIDED FOR
IN THIS SECTION 7.2 MAY BE SATISFIED BY INCLUSION OF SAID BUILDING WITHIN THE
COVERAGE OF ANY BLANKET POLICY OR POLICIES OF INSURANCE CARRIED AND MAINTAINED
BY LANDLORD, PROVIDED THAT THE COVERAGE AFFORDED WILL NOT BE REDUCED OR
DIMINISHED BY REASON OF THE USE OF SUCH BLANKET POLICIES OF INSURANCE.
TENANT
SHALL NEITHER USE THE PREMISES FOR OTHER THAN GENERAL OFFICE PURPOSES NOR PERMIT
THE PREMISES TO BE USED OR ACTS TO BE DONE THEREIN TO THE EXTENT SUCH USE OR
ACTS WOULD (I) INCREASE THE PREMIUM OF ANY INSURANCE CARRIED BY LANDLORD WITH
RESPECT TO THE PROJECT; (II) CAUSE A CANCELLATION OF OR BE IN CONFLICT WITH ANY
SUCH INSURANCE POLICIES; OR (III) RESULT IN A REFUSAL BY INSURANCE COMPANIES OF
GOOD STANDING TO INSURE THE PROJECT IN AMOUNTS REASONABLY SATISFACTORY TO
LANDLORD.
TENANT SHALL, AT TENANT'S EXPENSE, COMPLY AS TO THE PREMISES WITH ALL
INSURANCE COMPANY REQUIREMENTS PERTAINING TO THE USE OF THE PREMISES.
IF
TENANT'S CONDUCT OR USE OF THE PREMISES FOR OTHER THAN GENERAL OFFICE