Laserfiche WebLink
c) Automobile Liability Insurance in the amount of$1,000,000 combined single <br /> limit; <br /> d) Adequate and reasonable insurance for other risks ordinarily insured against in <br /> similar operations including an umbrella policy. <br /> 13.3.Periodic Coverage Revaluations: The insurance coverage's listed in Paragraph 13.2 shall <br /> be periodically evaluated by Tenant to assure that minimum coverages customary in the <br /> industry and applicable to new operations by Tenant are in place also as to this Lease and <br /> the Leased Premises. <br /> • <br /> 13.4.Mandated`Contractor Insurance Requests: Tenant agrees that it shall require all <br /> Independent Contractors, Contracto,rs and Subcontractors who perform work in <br /> connection with the Leased Premises'to have similar and adequate insurance in full force <br /> and effect. <br /> 14.Title <br /> 14.1.Landlord Title Representations: Landlord warrants that Landlord owns the surface estate <br /> and the Materials within the Leased Premises, and Landlord agrees to defend said title <br /> against all adverse claims of those claiming by, through or under Landlord. Landlord <br /> does not warrant ownership of mineral rights other than the Materials or any portion of <br /> the mineral estate or claims of record other than those created or suffered by, through or <br /> under Landlord. Landlord has supplied Tenant with a copy of Title Commitment No. <br /> 454-H0504 1 70-6 1 0-ETO from Heritage Title Company, Inc. for the Leased Premises <br /> ("Title Commitment"), copies of all instruments referenced or giving rise to exceptions <br /> or requirements in the Title Commitment and copies of all existing surveys, plats, <br /> abstracts, reports or other documents in Landlord's possession or control relating to the <br /> Leased Premises(collectively,the"Title Documents"). <br /> 14.2.Approval of Legal Descriptions and Title Exceptions by Tenant: Tenant hereby approves <br /> the legal description of the Leased Premises set forth in Schedule A to the Title <br /> Commitment and those exceptions to title expressly set forth in Schedule B Section 2 <br /> attached hereto, as disclosed by the Title Commitment ("Permitted Exceptions"), and <br /> agrees to accept leasehold title thereto subject to the Permitted Exceptions. If Tenant <br /> hereafter determines that Landlord's title to the Leased Premises and Materials is not <br /> good and marketable due to matters not listed as Permitted Exceptions, Tenant shall so <br /> notify Landlord in writing, in which case Landlord, at Landlord's cost, shall correct the <br /> specified title defects. If any such title defects which render the title unmarketable or <br /> adversely affect Tenant's right to mine are not cured within sixty (60) days after receipt - <br /> of such notice, Tenant, at its option, may terminate this Lease without any further <br /> obligation to Landlord or, at its option, may resolve the adverse claim and deduct the <br /> costs incurred from payments otherwise due Landlord. Tenant shall, as part of such <br />