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2020/12/30 Council Agenda Packet
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2020/12/30 Council Agenda Packet
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Council Agenda Packet
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12/30/2020
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successors or assigns, then this Section will provide Landlord the maximum indemnification <br />permitted by law. <br />(c) Washington Law. This Section is specifically and expressly intended to <br />constitute a waiver of Tenant's immunity under Washington's Industrial Insurance Act, RCW Title <br />51, to the full extent necessary to provide Landlord with a full and complete indemnity from <br />claims made by Tenant and its employees, to maximum extent allowed by law. LANDLORD AND <br />TENANT ACKNOWLEDGE THAT THE INDEMNIFICATION PROVISIONS OF THIS SECTION WERE <br />SPECIFICALLY NEGOTIATED AND AGREED UPON BY THEM. <br />(d) Waiver and Release. Landlord shall not be liable to Tenant, or its directors, <br />officers, shareholders, agents, employees, invitees, subtenants, contractors or licensees, for any <br />loss, injury or damage to Tenant or any other person, or to its or their property, irrespective of <br />the cause of such injury, damage or Toss, unless, and then only to the extent, it is caused by or <br />results from the gross negligence or willful misconduct of Landlord or its employees without <br />contributory negligence on the part of Tenant or any of its directors, officers, shareholders, <br />employees, agents, invitees, subtenants, licensees or contractors. As a material part of the <br />consideration to Landlord for this Lease, Tenant hereby waives and releases all claims against <br />Landlord with respect to all matters for which Landlord has disclaimed liability pursuant to the <br />provisions of this Lease. <br />16. INSURANCE/WAIVER OF SUBROGATION. <br />(a) Tenant Insurance. Tenant shall, throughout the Term, at its own expense, <br />keep and mainta'n in full force and effect each and every one of the following policies, each of <br />which shall be endorsed as needed to provide that the insurance afforded by these policies is <br />primary and that all insurance carried by Landlord is strictly excess and secondary and shall not <br />contribute with Tenant's liability insurance: <br />(i) A policy of commercial general liability insurance, including a <br />contractual liability endorsement covering Tenant's obligations under <br />Section 15 above, insuring against claims of bodily injury and death or <br />property damage or Toss with a combined single limit at the <br />Commencement Date of this Lease of not less than Two Million Dollars <br />($2,000,000.00) per occurrence and location. Tenant shall include <br />Landlord and, at Landlord's request, Landlord's mortgage lender(s) as <br />additional insureds The limit shall be reasonably increased during the <br />Term at Landlord's request. <br />(ii) "Special Form" property insurance (which is commonly called "all <br />risk") covering Tenant Alterations and any and all furniture, fixtures, <br />equipment, inventory, improvements and other property in or about the <br />Leased Premises which is not owned by Landlord, for the then, entire <br />current replacement cost of such property. <br />9 <br />
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