RES 069 Draft 01 2012-2014 - Laserfiche WebLink

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whichever is sooner, shall furnish the Lessor with a certificate (s) showing the policy(s) to be initially in force, keep the certificate (s) on deposit during the entire lease term, and furnish a like certificate (s) upon each renewal of the policy(s) . This insurance shall not be cancelled, limited in scope of coverage, or nonrenewed until after thirty (30) days written notice has been given to the Lessor. The Lessor may at any time require the Lessee to provide Lessor with copies of the insurance policy(s) that are or were in effect during the lease period. 40 ` 1, The Lessor shall retain the the,ffrightkat any time to review the coverage, form, and amount of e 'nsurae required by this lease. If, in the opinion of th- e' a.ofN,the surance provisions in this lease do no ovi.e adequatrotection for the Lessor, the Lessor may re 4re Lessee to obta ' insurance sufficient in coverage, form, a ., amount require' e .,®be reap able but shall be designed to as re protect • for and agai st the kind and extent of the ris 4 " , h exist alo.ithe time a change in insurance is required*" dssor shall notify Lessee in writing of changes in the insuranc'. re. rements�andessee shall deposit copies of acce tale insura e o n p p p y(s) o ertificate (s) thereof, with - sor inch p. ti the°'changes within thirty (30) days of eipt ;_- the n. ce . ��` :r 4,4„ 4x W; The pr urin of the inquired policy(s) of insurance shall n. " const e L imit ee' s liability under this lease y to release r relieve e Lessee of the indemnification prov :.ns and 6 uir ,,-nts of this lease. Notwithstanding the policy(° of insu '" ce, essee shall be obligated for the full and total,°- ount of �ny damage, injury, or loss caused by Lessee ' s negligence neglect connected with this lease. , It i iagre """ that any insurance maintained by the Lessor will appl excess of, and not contribute with, insurance provide .y Lessee ' s policy. 18 . Bond, performance. The Lessee shall, at its own cost and expense, within fifteen (15) days from the effective date of this lease, procure and deposit with the Lessor and thereafter keep in full force and effect during the term of this lease a good and sufficient surety bond, conditioned upon the full and faithful observance and performance by Lessee of all the terms, conditions, and covenants of this lease, in an amount equal to two times the annual rental then payable. This bond shall provide that in case of a breach or default of any of the 6