201008237 - Laserfiche WebLink

Browse

2oioos237 assign to any insurance campany or ta any one claiming under or through any insurer, any right or cause of action for damages to said property on or to the leased premises or to the building of which the leased prernises are a part, co�npensated for by fire insurance or any of the risks enumerated in any other hazard insurance, specifically including such darnage caused by negligence, which it now has or may subsequently acquire against the other party during the terrn of this Lease; provided, hawever, that the release, discharge, exoneration, and cavenant not to sue herein contained shall be lirnited by the terms and provisians afthe waiver of subrogation, endorsements consenting to a waiver of right of recovery, and shall be co-extensive therewith. 4.5 Lessee may bring its obligations to carry any insurance required hereby within the coverage of any so-called blanket policy or policies of insurance now or hereafter carried by appropriate amendment, endorsement, or otherwise, provided; however, the interests of Lessor shall be as fully protected thereby as if Lessee obtained individual policies of insurance. 4.5 Said policies of insurance shall: (1) name Lessor as one of the insureds thereunder; (2) be maintained at Lessee's sole cost and expense; and (3) contain a clause ar endorsement to the effect that the policy may not be terminated ox znaterially amended except after ten (10) days' written notice thereof to Lessor. Lessee shall deliver copies of said policies or certi�cates of insurance to Lessor within thirty (30) days followin� Lessee's receipt of Lessor's request therefor. ARTICLE V Taxes and Utilities 5,1 Lessee agrees to pay, when due, the following items: (a) All charges for gas, electricity, water, telephone and other utilities incurred at the Premises during the period of the term of the Lease; and (b) All sales and use taxes izxiposed as the result of the business conducted on the Premises and all personal property taxes assessed against personal property situated thereon during the t�rm hereof. 5.2 Lessor agrees to pay, before delinquency, all real estate taxes and assessments imposed an the leased premises, and shall provide Lessee proof af payment upon reasonable request. 5.3 Lessor shall also have the right to endeavor to obtain a lowering of the assessed valuation af the Premises or the improvements placed thereon. Lessee agrees ta coaperate and join in any such endeavor. 5.4 Lessor shall promptly transmit to Lessee any statement relating to taxes or assessments to be paid by Lessee hereunder, and shall promptly reirnburse Lessee for any 3