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Res 1986-050
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Res 1986-050
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Last modified
8/27/2007 11:59:34 AM
Creation date
8/27/2007 11:59:34 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1986-50
Date
4/28/1986
Volume Book
78
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<br /> -4- <br /> claims, demand, or suit at the sole expense of Lessee. Lessee also <br /> agrees to bear all other costs and expenses related thereto, even if <br /> the claim or claims alleged are groundless, false or fraudulent. The <br /> indemnity required hereunder shall not be limited by reason of the <br /> specification of any particular insurance coverage in this Agreement. <br /> Lessee further agrees to obtain from its contractors, subcontractors, <br /> and consultants the same indemnification in writing of Lessor as stated <br /> hereinabove. This indemnification obligation shall not be limited in <br /> any way by any limitation on the amount or type of damages, <br /> compensation or benefits payable by or for Lessee or any subcontractor <br /> under workmen's compensation acts, disability benefit acts, or other <br /> employee benefit acts. <br /> 17. Insurance: <br /> a. The Lessee shall, at its own expense, purchase, maintain and <br /> keep in force such insurance as will protect it from claims set <br /> forth below which may arise out of or result from its operations <br /> under this Agreement, whether such operations are by itself or by <br /> any subcontractor or by anyone directly or indirectly employed by <br /> any of them or by anyone for whose acts any of them may be liable: <br /> (1) Such insurance as will protect the Lessee from claims <br /> under statutory Workmen's Compensation laws, disability <br /> laws or such other employee benefit laws as will fulfill <br /> the requirements of the jurisdiction in which the <br /> Agreement is performable. <br /> (2) Such insurance as will protect the Lessee for damages <br /> because of bodily injury, slckness, disease or death of <br /> his employees apart from that imposed by Workmen's <br /> Compensation laws with such insurance having a minimum <br /> limit of liabillty of not less than $500,000.00. <br /> (3) Such insurance as will protect the Lessee from claims <br /> from damages because of bodily injury, personal injury, <br /> sickness, disease or death with minimum limits of <br /> liability of not less than $500,000.00 each occurrence <br /> and $500,000.00 aggregate. <br /> (4) Such insurance as will protect the Lessee from claims <br /> for damages arising out of operation of laws or <br /> regulations with minimum limits of liability of not less <br /> than $500,000.00. <br /> (5) Such insurance as will protect the Lessee from claims <br /> for damages for injury to or destruction of tangible <br /> property of others, including loss of use thereof. Such <br /> coverage shall include Broad Form property Damage and. <br /> removal of XCU excl usions where applicable, as <br /> determined by Lessor. ~he minimum limits of liability <br /> shall be $500,000.00 per occurrence and $500,000.00 <br /> aggregate. <br /> (6) Such insurance as will protect the Lessee from claims <br /> for damages arising out of the maintenance, operation, <br /> or use of any owned, non-owned, or hired vehicles. <br /> Minimum limits of liability for bodily injury and <br /> property damage combined shall be not less than <br /> $500,000.00 each occurrence. <br /> The insurance required by this Paragraph 17a., subparagraphs 17(3) <br /> and 17(5) above shall afford coverage for: <br /> Products Liability and/or Completed Operations, and <br /> Blanket Broad Form Contractual Liabllity <br /> specifically covering the indemnification assumed <br /> by the Lessor under this Agreement. <br /> b. The insurance coverage set forth hereinabove shall be written <br /> so that the Lessor will be notified in writing, in the event of <br /> cancellation, restrictive amendment or non-renewal at least thirty <br /> (30) days prior to such action. Certificates of Insurance shall <br />
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