Form and Certificates. Each policy of insurance required to be carried by Tenant pursuant to Paragraph 11.1, 11.2 and 11.3 shall be with a company rated A:IX or better in "Best's Insurance Guide" and shall name Landlord and such other parties in interest as Landlord reasonably designates as additional insured. Tenant's insurance policy shall also be primary insurance, without right of contribution from any policy carried by Landlord, and shall contain a cross- liability and severability endorsement. A certificate of insurance (ACCORD form) and a copy of each policy shall be provided to Landlord which indicates that the coverage required hereunder is in effect and which provides that such policy is not subject to cancellation, expiration or change, except upon thirty (30) days' prior written notice to Landlord.
Appears in 2 contracts