Orange County NC Website
7 <br /> n <br /> same condition as exists after the completio' �'f' l e -Teriant <br /> Improvements , ordinary wear and tear excepted. In the event that <br /> any Tenant Improvements are done without the consent of the <br /> Landlord, then Landlord shall have the right at the termination of <br /> this Lease or at any time during the term hereof, to have such <br /> Tenant Improvements removed and the Premises restored to their <br /> original condition, all at the sole cost and expense of the Tenant . <br /> 9 . TAXES . Landlord shall pay all real estate taxes levied <br /> or assessed by lawful taxing or assessing authorities against the <br /> land, buildings and other improvements . As used herein, the ten <br /> "real estate taxes" shall include any tax or assessment levied, <br /> assessed or imposed upon or with respect to the rents , land, <br /> improvements and buildings . <br /> 10 . PERSONAL PROPERTY TAXES . The Tenant shall pay when due, <br /> all personal property, ad valorem taxes and assessments and shall <br /> pay all license, privilege or other occupation taxes levied, <br /> assessed or charged against it on account of the operation of its <br /> business or on account of the property belonging to the said <br /> Tenant . <br /> 11 . INSURANCE. Landlord shall procure and pay at its sole <br /> cost for insurance coverage insuring Landlord against loss of, or <br /> damage to, the buildings located on Exhibit "A" (including the <br /> Premises) and the appurtenances by reason of fire or other <br /> casualty. <br /> 12 . INSURANCE ON FIXTURES AND CONTENTS WITHIN THE PREMISES . <br /> At all times during the term hereof, Tenant shall keep in force at <br /> its sole cost and expense, fire and extended coverage insurance and <br /> against vandalism and malicious mischief, covering Tenant' s <br /> furniture, trade fixtures, furnishings, equipment, inventory and <br /> contents upon the Premises in the full replacement value thereof . <br /> 13 . LIABILITY INSURANCE. Tenant shall, during the entire <br /> term hereof, keep in full force and effect a policy of public <br /> liability and property damage insurance with respect to the <br /> Premises in which the combined single limit of such public <br /> liability and property damage shall be not less than $1, 000 , 000 . <br /> The policy shall name Landlord, any person, firms or corporations <br /> designated by Landlord, and Tenant as insured and shall contain a <br /> clause that the insurer will not cancel or change the insurance <br /> without first giving the Landlord (30) days prior written notice . <br /> The insurance shall be in an insurance company approved by <br /> Landlord, Landlord' s approval not to be unreasonably withheld, and <br /> a copy of the policy or a certificate of insurance shall be <br /> delivered to Landlord. <br /> 4 14 . INDEMNITY. Tenant will indemnify Landlord and save it <br /> harmless from and against any and all claims, actions , damages, <br /> liability and expense in connection with loss of life, personal <br />