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caused by such equipment, normal wear and tear and casualty excepted; all at Lessee's sole cost
<br />iiind expense and to, reasonable satisfaction of the Owner. An such rot)erty or facilities which
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<br />;xe not removed by the end of 90 day penod shall become the property of Owner.
<br />TIMM
<br />a) Lessee and Owner shall carry liability insurance to protect the parties against any and all
<br />claims, demands, actions, judgments, expenses, and liabilities which may anse out of or
<br />result directly or indirectly from Lessee's use of the Property. Lessee's policy shall list the
<br />Owner as an additional "insured and shall provide that it will be the primary coverage -for
<br />negligence of the Lesisee. The insurance coverage must include, at least,. Comprehensive.
<br />General Liability Insurance Coverage, including prernises/operation cove-rage,, bodily
<br />IF 10
<br />inj I ury, property damage, and independent contractors liability in, a combined single limit
<br />olf'not less, than One Million Dollars ($1,0010,.0001) pier occurrence, subject to One Million
<br />Dollars ($11,000,0010) aggregate. Lessee may satisfy this requirement by underlying
<br />insurance plus, an umbrella, policy. The Owner's insurance coverage must include, at least,
<br />Comprehensive General Liability Insurance coverage, including premises/operation
<br />coverage, blodity injury, property damage I independent contractor's liability, completed
<br />operations coverage,, and contractual liability coverage, in a combined single limit of not
<br />less than Six Hundred Thousand Dollars ($1600,000) per occurrence, subject' to Six
<br />Hundred Thousand Dollars ($600,.000) aggregate.
<br />b) Lessee shall provide Owner, prior to the Commencement Date and with each renewal of
<br />the Lease term, evidence of the required insurance in the form of'a certificate of insurance
<br />issued by an insurance company licensed to do business in the State of Minnesota, which
<br />includes all coverage required in Paragraph above. Said certificate shall also provide that
<br />the coverage may not be canceled. without at least, thirty (30) days' written notice to
<br />Owner,,
<br />17. Diajn! ge_ or, Destruction. If the Property or any portion thereof is destroyed or darnaged so
<br />as to hinder its effective use of its Facilities, Lessee may elect to. tenninate this Lease upon thirty
<br />(30) days' written notice to, Owner. In such event, all rights and obligations of the parties shall
<br />il
<br />cease, as, of' the date of the damage or destruction and Lessee shall be entitled to the
<br />reimbursement of any rent prepaid, by the Lessee.
<br />41 111 41
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