Laserfiche WebLink
{ <br />11. The LESSEE shall, at its own expense, take out and keep in force during the within tenancy, <br />(a) public liability insurance, in a company or companies to be approved by the STATE to <br />protect against any liability to the public incident to the use of, or resulting from injury to, or <br />death of, any person occurring in, or about, the premise, the amount of no less than Five <br />Hundred Thousand Dollars ($500,000.00) to indemnify against the claim of one person, and <br />in the amount of not less than One Million Dollars ($1,000,000.00) against the claims of two <br />or more persons resulting from any one accident; and (b) property damage or other insurance, <br />in a coinpany or companies to be approved by the STATE to protect LESSEE and STATE <br />against any and every liability incident to the use of or resulting from any and every cause <br />occurring, in, or about, the premises, including any and all liability of the LESSEE and <br />STATE for damage to vehicles parked on the premises, in the amount of not less than One <br />Hundred Thousand Dollars ($100,000.00). Said policies shall inure to the contingent <br />liabilities, if any, of the LES SEE and STATE and shall obligate the insurance carriers to notify <br />LESSEE and STATE, in writing, not less than fifteen (15) days afterthe cancellation thereof, <br />or any otner change aiiECting ine coverage oi the policies. If said policies coi7tain any <br />exclusion concerning property in the care, custody or control of the insured, an endorsement <br />shall be attached thereto stating that such exclusion shall not apply with regard to any liability <br />of the LESSEE and STATE. In the event use of these premises should ever be subcontracted <br />or subleased, the subcontractor or sublessee shall be obligated to obtain the aforesaid <br />insurance. Sublessee shall furnish the LESSEE and STATE a certified copy of each and every <br />such policy within not more than ten (10) days after the effective date of the policy. LESSEE <br />agrees that, if subcontract or sublessee does not keep such insurance in full force and effect, <br />LESSEE and STATE may take out insurance and pay the premiums thereon, and the <br />repayment thereof shall be chargeable to the LESSEE. The LESSEE shall provide the State <br />with certificates of insurance for all required coverage within ten (10) days of the signing of <br />this Agreement. In the event the LESSEE or SUBLESSEE is unable to obtain the insurance <br />required herein, this Agreement shall become null and void. <br />12. The LESSEE shall not subcontract or sublease operations on the premises or shall it be used <br />for any purpose other than that specified herein, without prior written approval of the <br />STATE. <br />13. No holding over by LESSEE shall operate to renew this Agreement without the written <br />consent of the STATE endorsed thereon. Should the LESSEE hold over after the expiration <br />of the term of this Agreement, with the consent of the STATE, this Agreement shall <br />automatically renew itself from year to year provided neither party gives sixty (60) days prior <br />written notice of cancellation. <br />14. The STATE specifically reserves the right of entry by any authorized officer, engineer, <br />employee, contractor, or agent of the STATE for the purpose of inspecting said premises, or <br />the doing of any and all acts necessary or proper on said premises in connection with the <br />protection, maintenance, reconstruction, of the freeway structures and its appurtenances, <br />provided, further, that the STATE reserves the further right, at their discretion, to immediate <br />Page 3 of 8