Insurance Requirements

Bank of America Plaza

333 South Hope Street, Los Angeles, California

Insurance Requirements

Tenants are required to keep on file with the Management Office a current Certificate of Insurance evidencing sufficient coverage to satisfy the terms of their lease. The insurer must be admitted and licensed in Massachusetts and the Certificate must contain a provision that coverage will not be canceled or non-renewed without a thirty (30) days prior written notice to the Owner.

When tenant work is to be done by contractors in the building, the tenant authorizing such work shall be responsible for including in the contract for such work the following insurance and indemnity requirements to the extent that they are applicable. Insurance certificates must be received prior to construction/service. All certificates shall name the Landlord as the certificate holder as follows:

333 South Hope Co. LLC
333 South Hope
Los Angeles, CA 90071

And as an additional insured party as follows:

TRZ Holdings II Inc., 333 South Hope Co. LLC, Brookfield Properties Management LLC, and their respective affiliates, shareholders, partners (including partners of partners), subsidiaries and related entities, and any successors and assigns of such entities, LaSalle National Bank Association, as Trusteefor JPMC Comm. c/o Wells Fargo Bank, N.A. and Metroploitan Life Insurance Company. Copy of Vendor Insurance Requirements (3).xls

Each contractor and each subcontractor shall, until the completion of the tenant work in question, procure and maintain at its expense, the following insurance coverage with companies acceptable to landlord in the following minimum limits:

    Limit of Liability
Worker’s Compensation
(Including coverage for Occupational Disease) 
  Statutory Benefits
Employer’s Liability    $1,000,000
Comprehensive General Liability     
(Including Broad Form Comprehensive Liability Enhancement, Contractual Liability assumes by the contractor and the tenant under article 15.3 of the Lease and Completed Operations coverage)    
    Limit of Liability 
Bodily Injury and Property Damage    $1,000,000 combined single limit 
Comprehensive Automobile Liability     
(Including coverage for Hired and Non –Owned Automobiles)     
    Limit of Liability 
Bodily Injury and Property Damage     $1,000,000 per occurrence 
    Limit of Liability 
Umbrella Liability    $2,000,000 per occurrence 

Notes: Completed certificates must be received before work can commence.
Tenant Handbook