AgdaPkt 2007-09-10 - Laserfiche WebLink

Browse Search

6.1 B Page 21 (d) Property Insurance, on an ISO Speciaf Coverage Form or its equivalent in an amount su#ficient to reimburse Lessee at replacement cost for all of its equipment, trade fixtures, inventory, fixtures and other personal praperfy loeated O11 OE" Iri i�'ic Pi'cifiiS2S aflti i2a82 i171�3t'OV�1T18f1tS hereinafter constructed or installed. (e) Plate Glass Coverage, in an amount sufficient to replace every panel of glass located within the Lease Area 1 B (f) Such ofiher insurance in such amoun#s which from time to time may be reasonably required by the mutual consent of Lessee and l.essor against other�nsurable risks rela#irg #a ;e�f�rsran�e. The insurance and the coverag� referred to under {a) and {b} of this paragraph shalf be endorsed to include fhe Lessor, its officers, agents, employees and volunteers as an additional insured. Such a provision, shal� apply ta products and compfeted operatians hazards as well as ongoing operations. Coverage under (a} and (b) above shall also be endarsed to be and not have any right to contribution from other insurance ar coverage procured for, or on behalf af, the Lessor. Less�e, upon the execution af this Lease Agresment, shali furnish Lessor with Certificates of insurance evidencing cnmpliance with afl insurance requirements. Copies of the additional insurance endorsements, insurance endorsements, as well as endorsement praviding thir#y (30) day advance written notice to Lessor af any modification, change or cancellation of any of the above insurance coverage. The coverage required herein shall not limit the liability of Lessee, its officers, agents, or employees, 30. BUSINESS LICENSE 30.1 Prior to the opening date, Lessee must obtain a valid Redwoad City Business License. 31. TERMINATION 31.1 Either Party upon tendering thirty (30) days written notice to the other party may terminate this Agreement. �essor may terminate this Agreement by giving written notice to Lessee at least thirty (30} days prior to the intended termination date. Lessee may #erminate the Agreement by giving written notice fo lessor at feast thirty (30) days prior to the intended terminatian date, provided that Lessee is not in breach of the terms of this Agreement. If Lessee terminates this Agreement prior to the expiration of the current Lease term, Lessee shall be responsible for rent for the remainder of the Lease term. 32. REMOVAL OF ALTERATIQNS 32.1 At the termination of the fease, Lessee wi(I be required ta immediatefy remove all �essee Impravements and ather praperty of Lessee from the Premises and restore the Premises to substantially the same conditian as prior to occupancy, uniess the Lessor and Lessee agree to allaw the Lessor to retain the improvements. ATTY/AGRI2007.067 �7 090407