My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Reso 2013-2162
SIBFL
>
City Clerk
>
Resolutions
>
Regular
>
2013
>
Reso 2013-2162
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/11/2013 3:49:53 PM
Creation date
11/26/2013 2:48:32 PM
Metadata
Fields
Template:
CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2013-2162
Date (mm/dd/yyyy)
11/21/2013
Description
Ratify Sublease Agmt AFTC & Beach Bar @ Newport Pier, Mgmt of Restaurant
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
64
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
(b) LESSEE's Insurance. During the Term, LESSEE shall pay for and <br />maintain in effect the following types of insurance policies, placed only with carriers carrying an <br />A.M. Best or equivalent rating of A VII or better: <br />Comrnehensive General Liability in= to protect against bodily injury, <br />death and Pro" age in an amount of not less than One Million Dollars ($1,000,000.00) <br />Per occurrence and Two Million Dollars ($2,000,000.00) annual aggregate. Coverage must be <br />afforded on a form no more restrictive than the latest edition of the Comprehensive General <br />Liability Policy, without restrictive endorsements, as filed by the Florida Insurance Services <br />Office and must include: Premises and Operations, Independent Contractors and Broad Form <br />Contractual Coverage covering all liability arising out to the terms of this Lease. <br />Business Automobile Liability Insurance in an amount not less than One <br />Million Dollars ($1,000,000.00) combined single limit. Coverage must be afforded on a form no <br />more restrictive than the latest edition of the Business Automobile Liability policy, without <br />restrictive endorsements, as filed by the Insurance Services Office, and must include: Owned, <br />Non -owned and Hired vehicles. <br />Workers' Compensation and Employer's Liability Insurance to apply for all <br />employees in compliance with the "Workers" Compensation Law" of the State of Florida and all <br />applicable federal laws with no less than One Hundred Thousand ($100,000.00) in employer <br />liability. <br />Rental Loss (Business Interruption) Insurance in an amount equal to twelve (12) <br />months of not less than eighty percent (80'/0) of the then applicable Base Monthly Rent, taxes, <br />insurance and utility charges. <br />Renter's or Contents Insurance in an amount not less than 100% of the insurable <br />replacement value of all fumishings, fixtures and equipment owned by LESSEE and located at <br />the Premises including but not limited to the Improvements. <br />Liquor Liability Poli cy in an amount of not less than One Million Dollars <br />($1,000,000.00) per occurrence and Two Million Dollars ($2,000,000.00) annual aggregate. <br />Builder's Risk Insurance with respect to all Improvements and alterations <br />undertaken by LESSEE during the Term. <br />LESSEE acknowledges and agrees that all insurance policies provided by LESSEE shall <br />be deemed primary coverage. Additionally, LESSEE acknowledges and agrees that the <br />monetary coverages specified above are the minimum acceptable coverages applicable solely to <br />the Premises without regard to any other business operations or locations insured by LESSEE. <br />In particular, the specified "aggregate" coverages shall apply solely to the Premises. <br />(c) Certificates. LESSEE shall furnish to LESSOR, certificates of insurance or <br />endorsements evidencing the insurance coverages specified by this Section prior to the <br />Commencement Date. The required certified of insurance shall name the types of policies <br />provided, refer specifically to this Lease, and state that such insurance is as required by this <br />Lease. All policies of such insurance and renewals of them (except for Workers' Compensation <br />coverage) required to be provided by LESSEE shall name LESSOR (including its elected <br />11 <br />
The URL can be used to link to this page
Your browser does not support the video tag.