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8 <br /> <br />8.8. TENANT'S ADDITIONAL INSURANCE At all times during the term of this <br />lease, Tenant shall pay all premiums for and maintain in effect, with a responsible <br />insurance company or companies authorized to do business in North Carolina, policies <br />of insurance for the benefit of Landlord and Tenant, as their interests may appear as <br />follows: <br /> <br />8.8.1. Insurance covering Tenant's trade fixtures, furniture, furnishings, equipment, <br />betterments and improvements and other installations of Tenant, providing <br />protection to the extent of not less than eighty percent (80%) of the insurable <br />value of the same against all casualties included under standard insurance industry <br />practices within the classification "Fire and Extended Coverage, Vandalism and <br />Malicious Mischief" and covering sprinkler leakage; <br /> <br />8.8.2. Plate glass insurance covering the plate glass in the Demised Premises; and <br /> <br />8.8.3. Insurance covering one hundred percent (100%) of Tenant's fixtures, <br />improvements, or alterations to the Demised Premises against all casualties <br />included under standard insurance industry practices within the classification "Fire <br />and Extended Coverage", and "Builders Risk Coverage", which insurance shall be <br />maintained until Tenant has opened for business. In no event shall Tenant cancel <br />the insurance provided for herein until notice to Landlord and Landlord has <br />included such Tenant's improvements under Landlord's insurance. <br /> <br />8.9. WAIVER OF SUBROGATION Landlord and Tenant hereby grant to each <br />other and on behalf of its insurers, a waiver of any right of subrogation any such insurer <br />of one party may have or acquire against the other by virtue of payment of any loss <br />under such insurance. Such waiver shall be effective so long as each is empowered to <br />grant such waiver under the terms of its insurance policy or policies involved without <br />payment of additional premium. Such waivers shall stand mutually terminated as of <br />the date either Landlord or Tenant ceases to be so empowered. Landlord and Tenant <br />agree to provide each and every insurance company providing a policy or policies as <br />may be required herein with a copy of this lease or notice of this provision for waiver of <br />subrogation. <br /> <br />9. MAINTENANCE AND IMPROVEMENTS <br />9.1. LANDLORD'S MAINTENANCE Landlord will keep the structural <br />components, roof and exterior walls of the Demised Premises Common Areas in proper <br />repair, provided that in each case when known Tenant shall have given Landlord prior <br />written notice of the necessity of such repairs; and provided further, that if any such <br />repair is required by reason of the negligence of Tenant or any of its agents, employees <br />or customers, or other person using the Demised Premises with Tenant's consent, <br />express or implied, or Tenant's failure to perform any of its obligations under this <br />Section, Landlord may at his option make such repairs and add the cost thereof to the <br />first installment of Minimum Rent which shall thereafter become due. <br />Docusign Envelope ID: 1D68F173-6B6F-4424-9E87-2885D9C25A5C