05-E StarNet Addendum - Laserfiche WebLink

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The notification shall be addressed to the City Clerk of the City of Paris, P.O. Box 9037, Paris, Texas 75461-9037. The deductible for this insurance policy is $2,500.00. If there is any change in this deductible, then Tenant shall notify Landlord at the address shown above. iii. At the start of and during the period of any construction, builders all-risk insurance, together with an installation floater or equivalent property coverage covering cables, materials, machinery and supplies of any nature whatsoever which are to be used in or incidental to the installation of the Antennae Facilities. Upon completion of the installation of the Antennae Facilities, Tenant shall substitute for the foregoing insurance policies of fire, extended coverage, and vandalism and malicious mischief insurance on the Antennae Facilities. The amount of insurance at all times shall be representative of the insurable values installed or constructed. Equivalent coverage under existing or alternative policies approved by the City Attorney may be substituted. iv. All policies'shall be written on an occurrence and not on a claims made basis. v. The coverage amounts set forth above may be met by a combination of underlying and umbrella policies so long as in combination the limits equal or exceed those stated. ~ g. Named Insureds: All policies, except for business interruption and worker's compensation policies, shall name Landlord and its officers, employees, agents and contractors, as their respective interests may appear as additional insureds (herein referred to as the "Additional Insureds"). h. Evidence of Insurance: Tenant or Tenant's insurance carrier or carriers shall deliver a copy of any such policies to the City Clerk of the City of Paris, 150 1st Street S.E., Paris, Texas 75460, or furnish to said City Clerk a current letter or certificate fi.om such company ~'r companies, evidencing the fact that such insurance is in full force and effect at all times during this Lease, and any extension hereof, and specifically noting thereon that Landlord is an additional insured. Tenant shall immediately advise Landlord of any claim or litigation that may result in liability to Landlord. i. Cancellation of Policies of Insurance: All such policies shall be written so that Landlord will be notified of cancellation or of any restrictive amendment of the policies at least thirty (30) days prior to the effective date of such cancellation or amendment. Notice shall be by certified mail, return receipt requested, addressed to the LESSOR at the following address: City Clerk, City of Paris, P. O. Box 9037, Pads, Texas 75461-9037. If Tenant does not keep all insurance required under this Lease in full force and effect, Landlord may declare this Lease, and all rights and interest created by it, to be terminated. · Page 11 of 18