Health Net 2009 Annual Report Download - page 279

replacement cost thereof and with commercially reasonable deductibles, providing protection against all perils included within
the classification of fire, extended coverage, vandalism, malicious mischief, special extended perils (“special form”, as such
term is used in the insurance industry), plate glass insurance if Landlord so elects, and, if required by a lender having a lien on
all or part of the Project, flood, earthquake and earthquake caused sprinkler leakage, and such other insurance as Landlord
reasonably deems advisable.
12.1.2 Rental Interruption Insurance. Landlord shall obtain and keep in force during the term of this Lease, a policy of
rental value (rental interruption) insurance in the name of Landlord with loss payable to Landlord and/or any lender(s) having a
lien on the Building. The amount of such insurance shall be no less than the Base Rent and Additional Rent payable by all
tenants of the Building for a period of one year reduced by Base Rent and Additional Rent payable by tenants, if any, who waive
any rent abatement with respect to loss or damage to its Premises and/or the Building.
12.1.3 General Liability Insurance. Landlord shall carry Commercial General Liability insurance covering bodily injury
and property damage liability in the amount of $2,000,000 per occurrence/$5,000,000 aggregate and excess liability insurance
that are reasonably obtained and in limits the Landlord deems appropriate.
12.1.4 Limits of Insurance Coverage. Landlord, at Landlord’s option, may also (but shall have no obligation to) carry
such other insurance as Landlord or Landlord’s lender (if any) may deem prudent or advisable with respect to the Project, in
such amounts and on such terms as Landlord shall determine. Landlord shall not be obligated to insure, and shall have no
responsibility whatsoever for any damage to, any furniture, machinery, goods, inventory or supplies, or other personal property
or fixtures which Tenant may keep or maintain in the Premises, additions or Alterations within the Premises, or any leasehold
improvements installed by or at the expense of Tenant.
12.2 Tenant’s Insurance. Tenant shall procure at Tenant’s sole cost and expense and keep in effect from the date of this Lease
and at all times until the end of the Term the following:
12.2.1 Property Insurance. Insurance on an “All Risk” basis on all personal property, fixtures, equipment, Alterations or
leasehold improvements installed by or at the expense of Tenant, insuring such property for the full replacement value of such
property.
12.2.2 Liability Insurance. Commercial General Liability insurance covering bodily injury and property damage liability
occurring in or about the Premises or arising out of the use and occupancy of the Premises and the Building, and any part of
either, and any areas adjacent thereto, and the business operated by Tenant or by any other occupant of the Premises. Such
insurance shall include contractual liability insurance coverage insuring all of Tenant’s indemnity obligations under this Lease
per the terms of such insurance policies. Such coverage shall have a minimum combined single limit of liability of at least Two
Million Dollars ($2,000,000.00), and a minimum general aggregate limit of Five Million Dollars ($5,000,000.00), with an
“Additional Insured – Managers or Lessors of Premises Endorsement.” All such policies shall be written to apply to all bodily
injury (including death), property damage or loss, personal and advertising injury and other covered loss, however occasioned,
occurring
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