Res 2007-044 - Laserfiche WebLink

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written with the City as an additional insured. In any event, the Lessee is fully responsible for all losses arising out of, resulting from or connected with operations under this Lease whether or not the losses are covered by insurance. The City's acceptance of insurance certificates that do not comply with these requirementswill not release the Lessee from compliancewith these provisions. 7.02. Casualt, Coverage: The Lessee shall maintain in full force and effect during the term of this Lease a policy of insurance on the Texas Standard form of fire and extended coverage for all contents, goods, stock, and any personal property which is or may be situated upon the Leased Premises. 7.03. Indemnity and Hold Harmless: A. The Lessee agrees to hold harmless, indemnify and defend the City and its officers, agents and employeesfrom and againstallclaims, suits and actions bythird partiesforloss oflife, personal injury or property damage arising in connection with the use of the Leased Premises and other areas of the Airport by the Lessee, its agents, contractors, employees, servants, invitees or licensees. B. The Lessee shall use the Airport and use, occupy and store property on the Leased Premises at its own risk, and the Lessee agrees to hold harmless and release the City, and its officers, agents and employees from all claims, suits and actions by the Lessee for loss of life, personal injury or property damage occurring at theAirport or on the Leased Premises, including those resulting from the sole negligence orotheractionableconduct ofthe City, its officers, agents or employees, or from the acts or omissions of third parties. C. The Lessee shall give prompt noticeto the City of any accident on the Leased Premises, and of defects in the runways, taxi-ways, lighting systems or other facilities at the Airport of which the Lessee is aware. D. Incase the City is made a party to any litigation commenced by or against the Lessee that is covered by this paragraph, then the Lessee shall hold the City harmless from and pay all costs and expenses of the City related to the litigation, including the fees of attorneys and expert witnesses. Article 8. Condemnation 8.01. Total: If thewhole of the Leased Premises is taken by eminent domain, then this Lease shall terminate as of the date the title vests in the proceeding. 8.02. Partial: If a portion of the Leased Premises is taken by eminent domain, and the partial taking renders the remaining portion unsuitable for the purposes of the Lessee, then this Lease shall terminate. If the partial taking is not extensive enough to renderthe premises unsuitable for the purposes of the Lessee, then this Lease shall continue in effect, except that the fixed annual rental shall be reduced and adjusted in an appropriate manner. 8.03 If this Lease is terminated as provided in this section, rent shall be paid up to the date that possession is taken by the condemning authority, and the City shall make an equitable refund of COSM Form 1/99 5