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<br />Landlord by any lawful taxing authority on account of Landlord's interest in this Lease, Rent or other charges <br />reserved hereunder, as a substitute in whole or in part for, or in addition to Taxes described above. <br />Section 5.3 . Tenant shall pay before delinquency all taxes levied against Tenant's personal property and <br />trade fixtures in the Premises. If any such taxes are levied against Landlord or Landlord's property and <br />Landlord elects to pay the same, Tenant shall pay to Landlord upon demand as Additional Rent that part of <br />such taxes for which Tenant is primarily liable hereunder. <br />Section 5.4 The term Insurance Costs means all premiums for liability insurance, fire and extended <br />coverage insurance, rental loss and all other insurance as may be carried from time to time by Landlord <br />covering all or any portion of the Premises. In the event that any insurance carried by Landlord covers <br />property in addition to the Premises, Insurance Costs shall include the premium which would have been paid <br />by Landlord for a similar policy of insurance covering only the Premises. <br />Section 5.5 Landlord shall not be liable to Tenant or to Tenant's employees, agents, or visitors, or to any <br />other person whomsoever, for any injury to person or damage to property on or about the Prem ises ca used <br />by the negligence or misconduct of Tenant, its employees, subtenants, licensees or concessionaires, or of <br />any other person entering the Premises under express or implied invitation of Ten ant, or arising out ofthe use <br />of the Premises by Tenant and the conduct of its business therein or arising out of any breach or default by <br />Tenant in the performance of its obligations hereunder; and Tenant hereby agrees to indemnity and hold <br />Landlord harm less from and against any and all liability, loss, damage, expense Of claim arising out of such <br />damage or injury or resulting from any breach, violation or nonperformance of any covenants or conditions <br />hereof by Tenant, its agents, employees or Invitees. <br />Section 5.6 Tenant shall procure and maintain throughout the Term a policy or policies of insurance, at <br />its sole cost and expense, insuring both Landlord (by naming Landlord as an additional insured) and Tenant <br />against all claims, demands or actions arising out of or in connection with the Premises, the condition of the <br />Premises, Tenant's operations in and maintenance and use of the Premises, and Tenant's liability assumed <br />under this Lease, the limits of such policy or pOlicies to be in an amount not less than $500,000 per <br />occurrence and $1,000,000 aggregate for injury to persons (including death), and for damage or destruction, <br />including loss of use thereof (Tenant's Required Insurance). All such policies shall be procured by Tenant <br />from responsible insurance companies licensed to do business in Texas satisfactory to Landlord. Certified <br />copies of such policies or duly executed "Certificates of Insurance: together with receipt evidencing payment <br />of premiums therefor, shall be delivered to Landlord prior to the Commencement Date of this Lease, or prior <br />to the date Landlord delivers possession of the Premises to Tenant, whichever is the earlier to occur. Not less <br />than thirty (20) days prior to the expiration date of any such policies, certified copies of the renewals thereof <br />or the duly executed .Certificates of Insurance," bearing notations evidencing the payment of renewal <br />premiums, shall be delivered to Landlord. Such policies shall further provide that not less than thirty (30) days <br />written notice shall be given to Landlord before such policy may be canceled or changed to reduce insurance <br />provided thereby. If Tenant should fail to comply with the foregoing requirements relating to insurance, <br />Landlord may obtain such insurance and Tenant shall pay to Landlord on demand, as Additional Rent <br />hereunder, the premium cost thereof, plus an administrative fee of fifteen percent (15%). <br />Section 5.7 All other insurance coverage shall be the responsibility of Ten ant, including, without limitation, <br />fire and extended coverage, theft, liability, plate glass breakage, and all insurance covering Tenant's stock <br />of goods, trade fixtures, and all other contents of the Premises. Any insurance against casualty loss which <br />may be carried by either Landlord or Tenant shall be under the sole control of the party carrying such <br />insurance. Tenant and its assignees hereby expressly waive any cause of action or right of recovery that it <br />may hereafter have against Landlord for any loss or damage to the Prem ises or to the building of which the <br />Premises are a part, or to the contents thereof belonging to Tenantcontained in said Prem ises caused by fire, <br />explosion or other risk covered or which could be covered by a Texas Standard Form of Fire and Extended <br />Coverage Policy, and no third party shall have any such right of recovery by way of subrogation or otherwise. <br />Section 5.8 Tenant shall pay to Landlord monthly (as Additional Rent) an amount equal to Landlord's <br />estimate of 1/12 of the annual Maintenance Costs, Taxes and Insurance Costs on the same day that Base <br />Rent Is due. Landlord's initial estimate of 1/12 ofthe annual Maintenance Costs, Taxes and Insurance Costs <br />is set forth in Paragraph 1.10.3. Landlord may, at its option, increase the amount of Tenant's monthly <br />payment towards the annual Maintenance Costs, Taxes and/or Insurance Costs from time to time, based <br />upon Landlord's estimate of annual Maintenance Costs, Taxes and Insurance Costs. <br />Section 5.9 Within one hundred twenty (120) days after the end of each calendar year, Landlord shall <br />provide Tenant with a statement showing the actual amount of Maintenance Costs, Taxes and Insurance <br />Costs for such calendar year, itemized in reasonable detail. If the aforesaid installment payments made by <br />Tenant for a given year are more than such annual Maintenance Costs, Taxes and Insurance Costs Landlord <br />shall credit the amount of the excess to Tenant's next installment(s) of Additional Rent, or at landlo~d's option <br />~efund same to Tenant or apply any such excess against any other amount Tenant owes Landlord. If said <br />Installment payments made are less than the actual Maintenance Costs, Taxes and Insurance Costs for such <br />year, Te':lant shall pay Landlord the difference within thirty (30) days after receipt of said statement. In either <br />case, nelt~er party shall be entitled to payment or credit for any amounts owing for more than two (2) years, <br />unless claims for such amounts are made prior to the end of such two (2) year period. <br /> <br />ARTICLE 6. USE AND OCCUPANCY OF PREMISES <br /> <br />Page -3- <br /> <br />.$ <br />