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Kansas Triple Net Lease Agreement Form

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Kansas Triple Net Lease Agreement Form Page 2
Kansas Triple Net Lease Agreement Form
Commercial Triple Net Lease 2010 Page 2 of 9
Should Tenant comply with all of the covenants and conditions of this Lease, the Security Deposit
or any balance thereof shall be returned to Tenant promptly after expiration of the term thereof.
6. POSSESSION. Possession shall be on , 20 , unless otherwise
provided in Exhibit C, Landlord Work Addendum, attached hereto. Landlord shall use due
diligence to give possession as nearly as possible at the beginning of the Term. Rent shall abate
pro rata for the period of any delay in giving Tenant possession, but the Term shall not be extended
as a result of such delay. Tenant shall make no other claim against Landlord for delay in obtaining
possession.
7. PROPERTY INSURANCE. Except in case of multi-tenant building as provided in Section
12 throughout the term of this Lease and any extensions thereof, Tenant shall obtain and pay for
fire and extended coverage casualty insurance for the building and other improvements on the
leased premises, with such comprehensive or so called "all risk" endorsements and in such amounts
as Landlord may, from time to time, deem reasonably necessary, and shall show the Tenant and the
Landlord, and Landlord's lender, if any, as the insured thereon. Tenant shall also obtain and pay
for loss of rent coverage. Tenant shall at all times keep such insurance in force and provide
Landlord with copies of said policies or certificates evidencing said coverage. The policies shall be
in form and content reasonably required by Landlord and shall be issued by an insurance company
approved by Landlord and shall contain a clause that the insurer will not cancel, materially modify
or fail to renew the insurance without first giving Landlord thirty (30) days prior written notice. If
Tenant fails to keep said insurance in effect, Tenant shall be in default hereunder and Landlord
may, at its option, immediately obtain insurance coverage as provided for herein and charge Tenant
for the cost thereof.
8. INDEMNITY AND LIABILITY INSURANCE (Tenant). Tenant shall at all times
indemnify, defend and hold Landlord harmless from all loss, liability, costs, damages and expenses
that may occur or be claimed with respect to any person or persons, or property on or about the
Premises or to the Premises resulting from any act done or omission by or through Tenant, its
agents, employees, invitees or any person on the Premises by reason of Tenant's use or occupancy
or resulting from Tenant's non-use or possession of said property and any and all loss, cost, liability
or expense resulting therefrom. Tenant shall maintain, at all times during the Term, comprehensive
general liability insurance in an insurance company licensed to do business in the state in which the
Premises are located and satisfactory to Landlord, properly protecting and indemnifying Landlord
with single limit coverage of not less than $ for injury to or $ death of persons
and $
for property damage. During the Term, Tenant shall furnish Landlord with a
certificate or certificates of insurance, in a form acceptable to Landlord, covering such insurance so
maintained by Tenant and naming Landlord and Landlord's mortgagees, if any, as additional
insureds.
9. INDEMNITY AND LIABILITY INSURANCE (Landlord). Landlord shall at all times
indemnify, defend and hold Tenant harmless from all loss, liability, costs, damages and expenses
that may occur or be claimed with respect to any person or persons, or property on or about the
Common Areas as described in Exhibit B or to the Common Areas resulting from any act done or
omission by or through Landlord, its agents, employees, invitees or any person on the Common
Areas. Landlord shall maintain, at all times during the Term, comprehensive general liability
insurance in an insurance company licensed to do business in the state in which the Common Areas
are located and satisfactory to Tenant, properly protecting and indemnifying Tenant with single
Kansas Triple Net Lease Agreement Form