O-2007-2970 lease agreement/Economic Alliance tenant at 908 W Main

Browse Search

negligence of Tenant or any of Tenant's agents, employees or invitees. The Landlord shall carry insurance for damage by tenant or any of Tenant's agents, employees or invitees. The Tenant shall be responsible for any costs of repairs not covered by insurance if the act resulting in damage is demonstrated to be caused by the Tenant. B. Landlord shall maintain fire and extended coverage insurance on the Leased Premises in such amounts as Landlord shall deem appropriate. Tenant shall be responsible, at its expense, for fire and extended coverage insurance on all of its personal property, including removable trade fixtures, located on or within the Leased Premises. The Landlord shall be responsible for flood insurance for the building. C. Tenant and Landlord shall, each at its own expense, maintain a policy or policies of comprehensive general liability insurance with respect to the respective activities of each party on the Leased Premises with the premiums thereon fully paid on or before due date, issued by and binding upon some insurance company approved by Landlord, such insurance to afford minimum protection of not less than $1,000,000 combined single limit coverage of bodily injury, property damage or combination thereof. Landlord shall be listed as an additional insured on Tenant's policy or policies of comprehensive general liability insurance, and Tenant shall provide Landlord with current Certificates of Insurance evidencing Tenant's compliance with this Paragraph. Tenant shall obtain the agreement of Tenant's insurers to notify Landlord that a policy is due to expires at least (30) days prior to such expiration. Landlord shall not be required to maintain insurance against thefts within the Leased Premises. 10. Sians. Following Landlord's consent, Tenant shall have the right to place on the Leased Premises, at locations selected by Tenant, any signs which are permitted by applicable zoning ordinances and private restrictions. Landlord may refuse consent to any proposed signage that is in Landlord's opinion too large, deceptive, unattractive or otherwise inconsistent with or inappropriate to the Leased Premises or use of any other tenant. Landlord shall assist and cooperate with Tenant in obtaining any necessary permission from governmental authorities or adjoining owners and occupants for Tenant to place or construct the foregoing signs. Tenant shall repair all damage to the Leased Premises resulting from the removal of signs installed by Tenant. Landlord will remove and pay for all signs from previous tenant if previous tenant fails to remove. 11. Entry. Landlord shall have the right to enter upon the Leased Premises at reasonable hours (Monday through Friday 8:00 a.m. to 5:00 p.m.) to inspect the same, provided Landlord shall not thereby unreasonably interfere with Tenant's business on the Leased Premises. 12. Parkina. During the term of this Lease, Tenant shall have the exclusive use in common with Landlord, their guests and invitees, of the non-reserved common automobile parking areas, driveways, and footways on the Leased Premises, subject to rules and regulations for the use thereof as prescribed from time to time by Landlord. Landlord reserves the right to designate parking areas within the Leased Premises, for Tenant and Tenant's agents and employees. For such purpose Tenant shall provide Landlord with a list of all license numbers for the cars owned by Tenant, its agents and employees. Separated structured parking located about the Leased Premises is reserved for Tenant. 13. Restrooms. During the term of the Lease Landlord agrees to make available adequate restroom facilities in the common areas of the Lease Premises and to provide weekly janitorial services to attend to said restroom facilities, at Landlord's expense. C:\Documents and Settings\FeazelleD\Local Settings\Temporary Internet Files\OLK6A\Lease Agreement v6.doc Page 3 of 6