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0 <br />ARTICLE IV <br />IT\Tq FT RAT\TrF <br />.r' <br />Section 401 A. Lessee shall, at Lessee's sole cost and expense, keep <br />all improvements constituting part of the leased premises and Lessor's machinery <br />and equipment insured against loss or damage in accordance with the customary <br />insurance practices of Lessee: <br />(i) Against the perils of fire and the hazards ordinarily in- <br />cluded under standard extended coverage endorsements in <br />amounts necessary to prevent the application of the co- <br />insurance provisions of the applicable policies but not <br />less than 80% of the full insurable value thereof within <br />the terms of applicable policies. <br />(ii) Against war risk as and when a state of war or national <br />or public emergency exists and such insurance is obtainable <br />from a department or agency of the United. States Government, <br />upon reasonable terms, in the full amount necessary to prevent <br />the application of the co-insurance provisions of the applicable <br />policies but not less than 80% of their then full insurable value, <br />or, if such amounts be not obtainable, then in the highest <br />amount which can be so obtained. <br />(iii) If there are boilers or pressure vessels, from boiler or <br />pressure vessel explosion in an amount customarily carried <br />in the case of similar industrial operations. <br />The term "full insurable value" means such value as shall be deter- <br />mined from time to time at the request of Lessor, Lessee or Trustee (but not more <br />frequently than once in every forty-eight (48) months) by one of the insurers <br />selected by Lessee. <br />B. At all times during the term, Lessee shall, at no cost or expense <br />to Lessor, maintain or cause to be maintained: <br />(i) General Public Liability insurance against claims for bodily injury <br />or death occurring upon, in or about the leased premises, with such insurance to <br />afford protection to the limits of not less than $100,000 in respect of bodily injury <br />or death to any one person and to the limit of not less than $300,000 in respect of <br />any one accident; and <br />(ii) Property damage insurance against claims for damage to property <br />occurring upon, in or about the leased premises with such insurance to afford <br />