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12' <br />cancellation, non - renewal or change in scope or amount of coverage of such policy. Tenant <br />shall, at all times, maintain. worker's compensation insurance as may be required to comply with <br />the applicable laws of the State of North Carolina. <br />8.7 LANDLORp'S ,INSURANCE <br />At all times during the term of this lease, Landlord shall maintain in effect policies of <br />insurance covering the building and improvements of which the Demised Premises constitute a <br />part, providing protection to the extent of not less than eighty (80 %) percent of the insurable <br />value of said building against all casualties included under standard insurance industry practices <br />within the classification "Fire and Extended Coverage, Vandalism and Malicious Mischief." <br />Nothing in this Section shall prevent the taking out of policies of blanket insurance which may <br />cover real and personal property and improvements in addition to the building of which the <br />Demised Premises constitute a part. <br />8.8 N AD I'1'I AL INSURANCE <br />At all times during the term of this lease, Tenant shall pay all premiums for and maintain <br />in effect, with a responsible insurance company or companies authorized to do business in North <br />Carolina, policies of insurance for the benefit of Landlord and Tenant, as their interests may <br />appear as follows: <br />A. Insurance covering Tenant's trade fixtures,. furniture, furnishings, equipment, <br />betterments and improvements and other installations of Tenant, providing protection to the <br />extent of not less than eighty (80%) percent of the insurable value of the same against all <br />casualties included under standard insurance industry practices within the classification "Fire and <br />Extended Coverage, Vandalism and Malicious Mischief" and covering sprinkler leakage; <br />B. Plate glass insurance covering the plate glass in the Demised Premises; and <br />C. Insurance covering one hundred (100%) percent of Tenant's work as described in <br />Exhibit C against all casualties included under standard insurance industry practices within the <br />classification "Fire and Extended Coverage," and "Builders Risk Coverage," which insurance <br />shall be maintained until Tenant has opened for business. In no event shall Tenant cancel the <br />insurance provided for hereunder until notice to Landlord and Landlord has included such <br />Tenant's work under Landlord's insurance. <br />Landlord and Tenant hereby grant to each other and on behalf of its insurers, a waiver <br />of any right of subrogation any such insurer of one party may have or acquire against the other <br />by virtue of payment of any loss under such insurance. Such waiver shall be effective so long <br />as each is empowered to grant such waiver under the terms of its insurance policy or policies <br />involved without payment of additional premium. Such waivers shall stand mutually terminated <br />