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<br />j. Insurance Companies: All insurance shall be effected under valid and enforceable <br />policies, insured by insurers licensed to do business by the State of Texas or surplus line <br />carriers on the State of Texas Insurance Commissioner's approved list of companies qualified <br />to do business in the State of Texas. All insurance carriers and surplus line carriers shall be <br />subject to approval by the City Attorney of the City of Paris. <br /> <br />k. Deductibles: All insurance policies may be written with deductibles and retainages <br />not to exceed $50,000 unless approved in writing in advance by Landlord. Tenant agrees to <br />indemnify and save harmless Landlord, the Indemnitees, and Additional Insureds from and <br />against the payment of any deductible and from the payment of any premium on any <br />insurance policy required to be furnished by this Lease. <br /> <br />1. Contractors: Tenant shall require that each and everyone ofits contractors and their <br />subcontractors who perform work on the Premises carry, in full force and effect, workers' <br />compensation, comprehensive public liability, and construction liability insurance of the type <br />which Tenant is required to obtain under the terms of this Lease or, in the alternative, Tenant <br />shall require that such contractors and subcontractors be named as additional insured parties <br />on Tenant's insurance policies. <br /> <br />21. HAZARDOUS SUBSTANCE INDEMNIFICATION. Tenant represents and warrants that its use of <br />the Premises herein will not generate any hazardous substance, and it will not store or dispose on the <br />Premises nor transport to or over the Premises any hazardous substance. Tenant further agrees to <br />hold Landlord harmless from and indemnify Landlord against any release of any such hazardous <br />substance and any damage, loss, or expense or liability resulting from such release including all <br />attorneys' fees, costs, and penalties incurred as a result thereof except any release caused by the <br />negligence of Landlord, its employees or agents. "Hazardous substance" shall be interpreted broadly <br />to mean any substance or material defined or designated as hazardous or toxic waste, hazardous or <br />toxic material, hazardous or toxic or radioactive substance, or other similar term by any federal, state, <br />or local environmental law, regulation, or rule presently in effect or promulgated in the future, as <br />such laws, regulations or rules may be amended from time to time; and it shall be interpreted to <br />include, but not be limited to, any substance which after release into the environment will or may <br />reasonably be anticipated to cause sickness, death, or disease. <br /> <br />22. HOLDING OVER. Any holding over after the expiration of the term hereof, with the consent <br />of the Landlord, shall be construed to be a tenancy from month to month for those services at those <br />such rates specified herein and shall otherwise be for the term and on the conditions herein specified, <br />so far as applicable. <br /> <br />23. ACCEPTANCE OF PREMISES. By taking possession of the Premises, Tenant accepts the <br />Premises in the condition existing as of the Commencement Date. Landlord makes no representation <br />or warranty with respect to the condition of the Premises and Landlord shall not be liable for any <br />latent or patent defect in the Premises. <br /> <br />Page 12 of 18 <br />