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operation of the Facility. It is Lessee’s obligation
to operate the Facility in a quality manner and as a
“first class” day care facility. Failure of the Lessee
to do so, as reasonably determined by the Lessor or its
duly designated representatives, shall constitute an
event of default under this Lease. The Lessee agrees
to provide access to the Demised Premises to duly
authorized representatives of the Lessor. * * *
* * * * * * *
11. Net Lease. This is an absolute net lease and
Lessor shall not be required to provide any services or
do any act or thing with respect to the Demised Pre-
mises and the rent reserved herein shall be paid to
Lessor without any claim on the part of Lessee for
diminution, setoff or abatement, and nothing shall
suspend, abate or reduce any rent to be paid hereunder
except as otherwise specifically provided herein.
12. Insurance.
(a) Liability Insurance. At all times dur-
ing the Term hereof, Lessee shall, at its own cost
and expense, provide and keep in force liability
insurance policies as follows:
(1) Commercial general liability insur-
ance including, without limitation upon the
generality of the provisions of this para-
graph protecting Lessor and Lessee against
accident or disaster in or about the Demised
Premises with limits not less than Two Mil-
lion Dollars ($2,000,000.00) combined single
limit for bodily injury (including death) and
one Million Dollars ($1,000,000.00) for prop-
erty damage;
(2) Excess liability coverage of One
Million Dollars ($1,000,000.00);
(3) Professional liability insurance,
with limits not less than One Million Dollars
($1,000,000.00) including sexual molestation
and abuse coverage; and
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Last modified: May 25, 2011