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Payment shall be made twice per year for the periods ending September 30 and March 31. Payment <br />shall be remitted to City on or before the 30t1 day following the end of each such period. <br />5. Right of Use of Right -of -Way by City and Release of Liability. Neither the <br />granting of the license, nor any related permit, constitutes an abandonment by City of any City <br />property, or any other rights or real property interests of City. The City, for itself and all entities <br />authorized by applicable laws or by City to use the Right -of -Way, reserves the right at all times, <br />to use and maintain the Right -of -Way for all lawful purposes and to perform related construction, <br />maintenance and operation activities on, under or above the Right -of -Way. Licensee <br />acknowledges that the City's rights in relation to use of the Right -of -Way shall have priority <br />over Licensee's rights granted under this License Agreement. City shall have no liability for, <br />and Licensee specifically releases City from, any liability or claims, including those arising <br />from death, injury or property damage associated with Licensee's activities and the <br />operation of Licensee's SMD's upon the Right -of -Way, regardless of whether caused or <br />alleged to have been caused by City's maintenance or use of the Right -of -Way. <br />6. Extra Costs to City. Licensee shall pay or reimburse City for any additional costs <br />incurred by City as a result of Licensee's activities under this License Agreement as set forth in <br />the RFP and Proposal. Notwithstanding the RFP and Proposal, City may, by providing a written <br />invoice therefor, charge Licensee for the costs incurred by the City if. <br />a. any installation, reinstallation, relocation or repair of any existing or future <br />public improvements by City within the Right -of -Way is made costlier by virtue of <br />Licensee's activities under this License Agreement, or <br />b. Licensee damages any City property when installing any equipment, <br />facilities or structures. <br />Licensee shall, within 30 days of receipt of such an invoice from the City, pay the invoice. If <br />Licensee fails to timely pay such invoice, City may suspend this License Agreement until the <br />invoice is paid, assess the penalties as set forth in this License Agreement. <br />7. Insurance. This License Agreement shall not be effective unless and until <br />Licensee satisfies the insurance requirements below. During the term of this License Agreement <br />Licensee shall procure and maintain, at its expense insurance as set forth in Exhibit A, attached <br />hereto and made a part hereof. If such insurance policies are not kept in full force and effect <br />throughout the term of this License Agreement, the License Agreement may be suspended <br />immediately by City upon providing written notice of suspension to Licensee for the duration of <br />such non-compliance. Spin may use subcontractors in the performance of activities under this <br />License Agreement and such subcontractors shall procure and/or maintain insurance coverage at <br />the limits described above. <br />8. Compliance with Laws and Regulations. Licensee agrees to comply with all <br />federal, state laws and local ordinances in conducting its activities under this License Agreement. <br />