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<br />I <br /> <br />I <br /> <br />I <br /> <br />] 6 05 THE LICENSEE ACKNOWLEDGES THAT IT IS FULLY APPRISED AND <br />CONSCIOUS OF, AND FULLY UNDERSTANDS, THE IMMINENT DANGERS, <br />INCLUDING SERIOUS BODILY INJURY OR DEATH FROM ELECTROCUTION, <br />INHERENT IN PERFORMING WORK ON AND NEAR THE POLES, AND ACCEPTS AS <br />ITS DUTY AND SOLE RESPONSIBILITY THE NOTIFICATION, SUPERVISION AND <br />TRAINING OF THE LICENSEE'S EMPLOYEES, SERVANTS, AGENTS, CONTRACTORS <br />AND SUBCONTRACTORS WITH RESPECT TO THESE DANGERS <br /> <br />ARTICLE 17. INSURANCE <br /> <br />17 01 The LIcensee wIll mamtam m full force and effect the followmg types of msurance <br />through an agreement wIth an entity such as the Texas MumcIpal League Intergovernmental RISk <br />Pool, or Issued by a company authorIzed to do busmess m Texas m at least the followmg <br />coverage amounts <br /> <br /> <br /> <br />Or CSL <br />$5,000,000 <br />Statutory <br />$5,000,000 <br /> <br />Per occurrence <br />$4,000,000 <br />Statuto <br />$4,000,000 <br /> <br />1702. The specIficatIOn of coverage lImIts m thIS sectIOn does not lImIt LIcensee's mdemmty <br />oblIgatIOns under ArtIcle 15 m any way <br /> <br />17 03 The LIcensee wIll mamtam fire and extended coverage property msurance on the <br />LIcensee's FacIlIties that may be placed on, wIthm, or near LIcensor's FaCIlItIes. ThIS msurance <br />must contam a WaIver of subrogatIOn as to the LIcensor <br /> <br />17 04 The msurer on all coverages mamtamed by the LIcensee must be authonzed to do <br />busmess m the State of Texas and have an "A" or better ratmg m the most recent Best's GUIde <br />ThIS provlSlon applIes to the CIty as LIcensee only If the CIty mamtams commerCial msurance <br />coverage. All contractors and all of then subcontractors who perform work on behalf of the <br />LIcensee wIll carry, m full force and effect, worker's compensatIOn, comprehensIve pubhc <br />lIabIlIty and automobIle lIabIlIty msurance coverages of the type and amounts that the LIcensee IS <br />reqUIred to obtam under thIS ArtIcle. <br /> <br />1705 All lIabIlIty coverages mamtamed by the LIcensee and by the LIcensee's contractors and <br />subcontractors must name the LIcensor as an addItIOnal msured. All of the Licensee's msurance <br />WIll be pnmary over any coverages mamtamed by the LIcensor <br /> <br />17 06 Promptly after the executIOn of tillS Agreement, each Party, as LIcensee, wIll furnIsh the <br />other Party, as LIcensor, WIth a current certIficate of msurance and upon request, copIes of the <br />LIcensee's msurance agreements or polICIes. The CertIficate wIll reference thIS Agreement and <br />the worker's compensatIOn and property msurance Waiver of subrogatIOn reqUIred by thIS <br />Agreement. The certIficate must venfy that the LIcensor wIll be gIVen 30 days advance notice of <br />any cancellatIOn or nonrenewal of coverage DUrIng the teIm of thIS Agreement, LIcensee shall <br /> <br />] 8 <br />