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8869-16 Lease Agreement with Lakewood Child Care Center
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8869-16 Lease Agreement with Lakewood Child Care Center
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6/9/2016 3:09:12 PM
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6/9/2016 3:08:54 PM
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subcontractors, or other parties employed in connection with construction on the <br />Premises). <br />8.2 Waiver of Liability: Except for the negligence or misconduct of Landlord, Tenant <br />waives all claims against Landlord for damage to person or property sustained by <br />Tenant or any person claiming through Tenant resulting from: <br />(a) Any accident or occurrence upon the Premises or the Building, <br />including the land and parking areas appurtenant thereto; <br />(b) Wind, rain or other force of nature; <br />(c) Any failure of plumbing, heating or air conditioning equipment, <br />electrical wiring or equipment, or gas or water pipes; <br />(d) Broken glass; <br />(e) The leaking or backing up of any sewer pipe, gutter or downspout; <br />(f) The bursting, leaking or running of any tank, tub, washstand, water <br />closet, waste pipe, drain or other pipe or tank in, upon or about the <br />Building or the Premises; <br />(g) The escape of gas or hot water; <br />(h) Water, snow or Ice being upon or coming through the roof, stairs, <br />doorways, foundations, walks, or any other place upon or near the <br />Building, the Property or the Premises; <br />(i) Falling of any fixture, plaster, the or stucco; and <br />(j) Any act, omission or negligence of any tenant, licensee, trespasser, <br />tortfeasor, or other person in or about the Building and the parking <br />areas. <br />9. INSURANCE <br />9.1 Building and Property Insurance: Landlord shall at all times throughout the Term <br />either self- insure, or shall maintain fire, extended coverage and casualty insurance <br />covering the Building in an amount or amounts not less than ninety percent (90 %) of <br />the full replacement cost of the Building, Tenant shall maintain insurance on Its <br />property in the Premises in an amount equal to the full insurable value thereof. <br />9.2 Waiver of Subrooc ation: Landlord and Tenant hereby waive all rights of recovery and <br />causes of action which either has or may have or which may arise hereafter against <br />the other, whether caused by negligence, Intentional misconduct or otherwise, for any <br />damage to the Premises, or the Building, or any other property or business caused <br />by any of the perils covered by a standard fire insurance policy with extended <br />coverage, vandalism and malicious mischief endorsements, building and contents <br />and business interruption (if applicable) Insurance, or for which either party may be <br />reimbursed as a result of insurance coverage affecting any loss suffered by it; <br />
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