Agenda - 1-3-17 Reg. Meeting - Laserfiche WebLink

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Vii 13. Indemnification of Landlord: Tenant shall defend. indemnify, and save Landlord harmless from and against liability or claim thereof, whether for injury to persons, including death or damage to property: (a) occurring on the Premises during the term. if caused by any negligent or intentional act of Tenant, its agents, employees, licensees. or contractors; or (b) occurring on the Premises as a result of a negligent or intentional act of Tenant. 14. Indemnification of Tenant: Landlord shall defend, indemnity, and save Tenant harmless from and against liability or claim thereof, whether for injury to persons, including death or damage to property: (a) occurring on the Premises during the Lease Term. if caused by any negligent or intentional act of Landlord, its agents, employees, licensees, or contractors; or (b) occurring on the Prenuses as a result of a negligent or intentional act of Landlord. 15. Insurance: Landlord, at its expense. shall maintain property and casualty insurance on the Premises for the full replacement cost thereof. and shall submit a paid invoice for the amount of the insurance to 'Tenant for full reimbursement. Tenant, at its expense, shall maintain public liability insurance of at least $1.000.000, including bodily injury and property damage, insuring'Tenauit and Landlord. Tenant shall provide Landlord with a Certificate of Insurance showing Landlord as additional insured. The Certificate shall provide for a ten-day written notice to Landlord in the event of cancellation or material change of coverage. To the maximum extent permitted by insurance policies that may be owned by Landlord or Tenant. Tenant and Landlord, for the benefit of each other. waive any and all rights of subrogation. which might otherwise exist. 16. Eminent Domain: If the Premises or any part thereof or any estate therein, or any other part of the building materially affecting Tenant's use of the Premises, shall be taken by eminent domain, this lease. at the option of either party. shall terminate on the date when title vests pursuant to such taking. If either party decides to terminate this lease, then the rent, and any additional rent, shall be apportioned as of the termination date, and any rent paid for any period beyond that date shall be repaid to Tenant. Tenant shall not be entitled to any part of the award for such taking or any payment in lieu thereof, but 'Tenant may file a claim for any taking of fixtures and improvements owned by Tenant. and for moving expenses. 17. Destruction of Premises: In the event of a partial destruction of the Premises during the term hereof. from any cause. Landlord shall forthwith repair the same, provided that such repairs can be made within sixty (60) days under existing governmental laws and regulations. but such partial destruction shall not terminate this lease, except that Tenant shall be entitled to a proportionate reduction of rent while such repairs are being made. based upon the extent to which the making of such repairs shall interfere with the business of Tenant on the Premises. If such repairs cannot be made within said sixty (60) days. Landlord. at its option. may make the repairs within a reasonable time, this lease continuing in effect with the rent proportionately abated until Landlord makes all necessary repairs, and in the event that Landlord shall not elect to make such repairs which cannot be made within sixty (60) days, this lease may be terminated at the option of either party. In the event that the building in which the demised Premises may be situated is destroyed to an extent of not less than one- third of the replacement costs thereof. Landlord or Tenant may elect to terminate this lease whether the demised Premises be injured or not. A total destruction of the building in which the Premises may be situated shall terminate this lease.