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contrary provision of this Lease, Lessor shall have no responsibility for payment of any Utility Charges ARTICLE 6. INSURANCE Section 6.1 Required Insurance Coverage. Standard "All Risk" Casualty and Fire and Extended Coverage Endorsement Lessee shall dunng the Lease Term keep the Leased Premises insured against loss or damage by a standard all risk policy, excluding earthquake risks, in amounts such that the proceeds of such insurance shall not be less than the full replacement value of the Leased Premises unless otherwise consented to in wnting by Lessor and the other Lenders (a) Liability and Property Damage Insurance During the Lease Term, Lessee shall keep in full force and effect a policy or policies of comprehensive general liability and property damage insurance against liability for bodily injury to or death of any person or property damage ansing out of an occurrence on or about the Leased Premises The limits of such insurance shall be not less than Two Million Dollars ($2,000,000) combined single limit each occurrence, Two Million Dollars ($2,000,000) annual aggregate, together with Three Million Dollars ($3,000,000) excess liability coverage, or such other policy limits as Lessor may require in its reasonable discretion, including coverage for bodily injury, property damage, hired and non-owned automobile liability, products, completed operations and contractual liability coverage (b) Workers' Compensation Insurance. Lessee shall require all contractors performing work on the Leased Premises to carry workers' compensation insurance covenng all persons employed in connection with the Leased Premises or the Improvements and with respect to whom death, bodily injury, or sickness insurance claims could be asserted against Lessor and/or Lessee Lessee shall furnish or cause to be furnished to Lessor evidence satisfactory to Lessor that Lessee (if Lessee has any employees), and any contractor that has contracted for the performance of work on the Leased Premises, or otherwise pursuant to this Lease cames statutory Workers' Compensation insurance and Employer's Liability insurance in a minimum amount of One Million Dollars ($1,000,000) per accident (c) Builders' Risk Insurance. Upon commencement of construction and continuing until issuance of a certificate of occupancy, or equivalent for the Improvements, Lessee and all contractors working on behalf of Lessee shall maintain a policy of builder's all- nsk insurance in an amount not less than the full insurable cost of the Project on a replacement cost basis naming Lessor as loss payee as its interests may appear Dunng the course of any alteration, construction or reconstruction, the cost of which exceeds Two Hundred Fifty Thousand Dollars ($250,000), Lessee shall require any contractor to provide builders' nsk insurance for the full insurable cost of the work and liability insurance in an amount not less than One Million Dollars ($1,000,000) combined single limit for bodily injury or property damage insunng the interests of Lessor, Lessee and any contractors and subcontractors Section 6.2 Insurance Policies and Premiums. 14 191\52\1656915 8 OAK#4834-9609-1684 v9