Agenda - Council - 03/28/2017 - Laserfiche WebLink

Home

i 13.2 Tennant shall maintain a minimum driving lane width of fifteen (15) feet to allow access from the southern portion of the Property to the northern portion of the Property for public safety purposes; and, Tennant shall maintain access to all fire hydrants located on the Premises. 14. SERVICES AND UTILITIES: Tenant shall pay for the use of all utility services it requires for its permitted use of the Premises, if any, during the term of the Lease. 15 WAIVER AND INDEMNITY: 15.1 Notwithstanding anything apparently to the contrary in this Lease, Landlord and Tenant herby release one another and their respective officers and employees and property manager from any and all liability(to the other or anyone claiming through or under them by say of subrogation or otherwise) for any loss or damage covered by property insurance or coverable by a customary form of policy of the insurance,even if such loss or damage shall have been caused by the fault or negligence of the other party, or anyone for whom such party may be responsible. 15.2 Tenant agrees to indemnify, defend and hold Landlord and its officers and employees and property manager harmless from and against any claim, loss or expense arising out of injury, death or property loss or damage occurring on the Premises, except only to the extent caused by the negligent act or intentional misconduct of Landlord or its officers, employees or property manager. 16. INSURANCE: Tenant agrees to purchase, in advance,and to carry in full force and effect general liability insurance,providing coverage on an"occurrence"rather than a"claims made"basis,which policy shall include coverage for Bodily Injury, Property Damage,personal Injury, Contractual Liability (applying to this Lease), and Independent Contractors, in current Insurance Services Office form or other form which provides coverage at least as broad. Tenant shall maintain a combined policy limit of at least $1,000.000.00 applying to Bodily Injury, Property Damage and Personal Injury, which limit may be satisfied by Tenant's basic policy, or by the basic policy in combination with umbrella excess policies so long as the coverage is at least as broad as that required herein. Such liability, umbrella and/or excess policies may be subject to aggregate limits so long as the aggregate limits have not at any pertinent time been reduced to less than the policy limit stated above, and provided further that any umbrella or excess policy provides coverage from the point that such aggregate limits in the basic policy become reduced or exhausted. The Tenant shall provide an insurance certificate naming the City of Ramsey as an additional insured. Landlord shall receive a written notice of insurance termination 30 days prior to cancellation. If the above insurance policy ceases to be available,or is available on terms so unacceptable that prudent landlords or tenants, as the case may be, generally do not carry such insurance, then in lieu of such insurance the pertinent party may carry the most comparable insurance which is available and generally carried by prudent parties. Page 5 of 10