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6
<br />NE136-36-895631.v2
<br />6.4 SIGNS. No signs, advertisements, placards, or notices shall be placed or painted
<br />on any part of the Leased Space or the Community Center without the prior written authorization
<br />of Landlord. Landlord may install or require installation of signage to direct employees and
<br />invitees of Tenant to the Leased Space. Such signage shall be installed at the expense of Tenant
<br />and, if installed by Landlord, will be charged to Tenant as Additional Rent.
<br />
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<br /> ARTICLE VII – INSURANCE
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<br /> 7.1 INSURANCE.
<br />
<br /> (a) Landlord shall procure and maintain the following insurance coverages throughout
<br />the term of this Lease, at its own expense:
<br />
<br />(i) Fire and extended coverage insurance covering the Community Center
<br />and Landlord’s personal property.
<br />
<br />(ii) Liability insurance coverage for Landlord’s operations and use of the
<br />Community Center.
<br />
<br /> (b) Tenant shall procure and maintain the following insurance coverage or maintain a
<br />self-insurance program with equivalent coverage throughout the term of this Lease,
<br />at its own expense:
<br />
<br />(i) Fire and extended coverage covering property of Tenant.
<br />(ii) Liability insurance including self-insurance covering Tenant’s operation
<br />in the Leased Space and at the Community Center.
<br />
<br />7.2 INDEMNITY. Landlord and Tenant shall indemnify, defend, and hold each other
<br />harmless against any and all liability, losses, costs, damages, expenses, claims, or actions,
<br />including reasonable attorneys’ fees, which the indemnified party, its officials, agents, or
<br />employees may hereafter sustain, incur, or be required to pay, arising out of or by reason of any
<br />act or omission of the indemnifying party, its officials, officers, agents, or employees, in the
<br />execution, performance, or failure to adequately perform the indemnifying party’s obligations
<br />pursuant to this Lease. Nothing in this Lease shall constitute a waiver by Landlord or Tenant of
<br />any statutory or common-law immunities, limits, or exceptions to liability.
<br />
<br />7.3 WAIVER OF SUBROGATION RIGHTS. Anything in this Lease to the contrary
<br />notwithstanding, Landlord and Tenant each hereby waive all rights of recovery, claim, action, or
<br />cause of action, against the other, its agents, officers, or employees, for any loss or damage that
<br />may occur to the Leased Space or the Community Center, by reason of fire, the elements, or any
<br />other cause which is insured against under the terms of standard fire and extended coverage
<br />insurance policies referred to in the above Section or is otherwise insured against under an
<br />insurance policy maintained by the party suffering such loss or damage, regardless of cause or
<br />origin, including any negligence of the other party hereto or its agents, officers, or employees, and
<br />each party covenants that no insurer shall hold any right of subrogation against such other party.
<br />Each party hereto agrees to give immediately to any insurer that has issued to it policies of fire and
<br />extended coverage insurance written notice of the mutual waiver contained in this provision and
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