Laserfiche WebLink
<br />PLX.DOC 940206 <br />Fonn Approved, A VP-Law <br /> <br />Folder No. 1636-87 <br /> <br />ARTICLE 5 - INSURANCE <br /> <br />The Licensee, at the Licensee's own sole cost and expense, shall provide to the Licensor a Certificate of <br />Insurance certifying to the effectiveness of insurance as follows: <br /> <br />a). General Public Liability providing bodily injury and property damage coverage with combined single limit <br />of at least $1,000,000 each occurrence, a portion of which may be self-insured with the consent and approval of the <br />Licensor. The Licensee will also provide to the Licensor a Certificate of Insurance issued by its insurance carrier <br />confIrming the existence of such insurance and that the policy or policies contain the following endorsement: <br /> <br />Union Pacific Railroad Company is named as an additional insured with respect to <br />all liabilities arising out of the existence, use or any work performed on or associated with <br />the Pipeline located on the Railroad right-of-way at Mile Post 208.47 on the Austin <br />Subdivision at or near San Marcos, Texas. <br /> <br />b). Such insurance shall be endorsed to provide contractual liability assumed by the Licensee under this <br />Agreement, and that coverage shall not be canceled or changed without giving thirty (30) days' prior written notice to: <br /> <br />Folder No. 1636-87 <br />Joan Preble, Contract Representative <br />Union Pacific Railroad Company <br />1416 Dodge Street, WPOO 1 <br />Omaha, Nebraska 68179 <br /> <br />c). lftheLicensee named in this Agreement is a public entity subject to any applicable statutory tort laws, the <br />limits of insurance described above shall be the limits the Licensee then has in effect or which is required by applicable <br />current or subsequent law, whichever is greater, a portion of which may be self insured with the consent and approval <br />of the Licensor. <br /> <br />ARTICLE 6 - TERM <br /> <br />This Agreement shall take effect as of the date fIrst herein written and shall continue in full force and effect <br />until terminated as herein provided. <br /> <br />ARTICLE 7 - SPECIAL PROVISIONS <br /> <br />None. <br /> <br />163687.plx <br /> <br />Articles of Agreement <br />Page 2 of3 <br /> <br />December 16, 1997 <br />