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<br /> <br /> <br /> <br /> damage or injuries to persons and/or property occurring on the leased premises resulting <br /> from LESSEE's, LESSEE's tenants, invitees, agents, servants or employee's use, and <br /> <br /> LESSOR shall not be liable to LESSEE, LESSEE's tenants, invitees, agents, servants, <br /> employees or visitors due to the improvements located thereon, or hereafter constructed, or <br /> <br /> for any other condition of the leased premises being improperly constructed, maintained or <br /> falling out of repair; LESSEE hereby waives any defects therein and agrees to hold and save <br /> <br /> LESSOR harmless from all claims for any such damages or injuries, and LESSEE must, at <br /> all times during the term of this Lease or any extensions thereof, keep and maintain, in full <br /> <br /> force and effect, a policy or policies of general commercial liability insurance, providing at <br /> least $250,000.00 per person and $500,000.00 for any single occurrence for bodily injury or <br /> <br /> death and $100,000.00 for any single occurrence for injury to or destruction of property, <br /> indemnifying all persons for any and all damages, personal injuries or property damages <br /> <br /> sustained in or upon the leased premises or the improvements located thereon, or any part <br /> thereof, as the result of the negligence of LESSEE, LESSEE's tenants, invitees, agents, <br /> <br /> servants or employees, and LESSEE shall pay all premiums due thereon when due. <br /> 35. That with regard to all insurance required under this Lease, it is expressly provided <br /> <br /> that such insurance policy or policies shall and must be written and issued by a reputable insurance <br /> company or companies licensed to write insurance policies in the State of Texas, with LESSOR, its <br /> <br /> elected officials, officers and employees covered as an additional insured. LESSEE or LESSEE's <br /> insurance carrier or carriers shall deliver a copy of all such policies or properly executed Accord <br /> <br /> Insurance Certificates to the City Clerk of the City of Paris, 150 1 st Street S.E., Paris, Texas <br /> 75460, evidencing the fact that such insurance is in full force and effect at all times during the term <br /> <br /> of this Lease, and any extension hereof, and specifically noting thereon that LESSOR, its elected <br /> officials, officers and employees are covered as additional insured. All such policies shall be <br /> <br /> written so that the LESSOR will be notified of cancellation or of any restrictive amendment of the <br /> policies at least thirty (30) days prior to the effective date of such cancellation or amendment. <br /> <br /> Notice shall be by certified mail, return receipt requested, addressed to the LESSOR at the <br /> following address: City Clerk, City of Paris, P. O. Box 9037, Paris, Texas 75461-9037. That <br /> <br /> LESSEE agrees that if at any time LESSEE does not keep all insurance required under this Lease <br /> in full force and effect, LESSOR may declare this Lease, and all rights and interest created by it, to <br /> <br /> be terminated. <br /> <br /> Hangar Lease Agreement - page 13 <br /> <br /> <br /> <br /> <br /> 201 <br />