e. Contract approval
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e. Contract approval
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<br />17. Successors and Assigns. The terms, covenants and conditions of this Lease shall be <br />binding upon and inure to the successors and assigns of the parties hereto. <br /> <br />18. Risk of Loss-Insurance. Tenant assumes all risk of loss and damage from any cause <br />whatsoever with respect to Tenant's property on the Tower and in the Transmitter <br />Building and with respect to Tenant's use of the Tower and Transmitter Building. <br />Tenant shall carry the following insurance during the term of this Lease, with <br />standard form coverages and exclusions: <br /> <br />Bodily Injury - $1,000,000 for injuries resulting from anyone occurrence. <br /> <br />Property Damage - $1,000,000 for damage as a result of anyone incident. <br /> <br />Property Casualty Insurance - full replacement value <br /> <br />Such insurance shall be with an insurer reasonably acceptable to Landlord, shall be in <br />form acceptable to Landlord, shall identify Landlord as an additional insured and shall <br />provide that Landlord will be notified in writing not less than 30 days prior to <br />cancellation of, material change in, or failure to renew, such insurance. Tenant agrees to <br />furnish Landlord with certificates of the insurance carrier prior to the commencement of <br />the term hereof to evidence the above- specified insurance. In addition, Tenant shall at <br />all times maintain business interruption and loss of use insurance in amounts reasonably <br />determined by Tenant to be adequate to insure against losses arising from interruptions in <br />service, it being understood that notwithstanding any provision of this Lease that may be <br />construed to the contrary, Landlord shall not be liable to Tenant (and Tenant releases <br />Landlord from) any and all claims, actions, damages, costs and expenses (including but <br />not limited to consequential damages) arising from interference or interruptions with <br />respect to the use of the Tower and/or the Transmitter Building, regardless of cause. <br /> <br />19. Waiver of Subrogation. Neither party will be liable to the other, and both parties <br />agree to waive any and all claims for recover from the other for any loss or damage <br />they may suffer to the extent such claim, loss or damage is covered by a policy of <br />insurance in favor of the party incurring the loss. <br /> <br />20. Utilities. Landlord shall have no obligation to provide any utilities or services to the <br />Leased Premises. Tenant shall be responsible for providing to the Leased Premises, <br />at its sole cost and expense, such utilities or services as may be necessary to its <br />operation. Electricity services so provided by Tenant shall be supplied from a <br />separately metered service, billed directly to Tenant by the billing utility, and <br />installed in accordance with plans approved in writing in advance by Landlord. <br />Tenant shall have not less than 48 hours prior written notice to Landlord of each of <br />the dates upon which any and all such utility services will be installed or altered and <br />Landlord shall have right to be present for each such installation or alteration. <br /> <br />21. Disruption Notice. In the event that Landlord is notified of the performance of work <br />on the Tower or in the Transmitter Building that would reasonably be expected to <br />cause a failure in the operation of Tenant's Equipment or a shutdown of electrical <br />service to the Tower, Landlord will give to Tenant, either orally, by telephone or in a <br />writing delivered by mail or by facsimile, notice of such scheduled within 24 hours of <br />receipt of such notice by Landlord (or such greater time period as may be reasonable <br />under the circumstances). <br /> <br />6 <br />
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