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Ord #309 Franchise Agreement Midco
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Ord #309 Franchise Agreement Midco
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12/10/2024 3:20:19 PM
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standard universal exclusions of contractual liability included in <br /> the carrier's standard endorsement as to bodily injuries,personal <br /> injuries and property damage. <br /> iv. Broad form property damage liability shall be afforded. <br /> v. The City shall be named as an additional insured on all policies <br /> required under this Franchise. <br /> vi. An endorsement shall be provided which states that the coverage <br /> is primary insurance and that no other insurance maintained by <br /> the City will be called upon to contribute to a loss under this <br /> coverage. <br /> vii. Standard form of cross-liability shall be afforded. <br /> viii. An endorsement stating that the policy shall not be canceled <br /> without thirty (30) days' notice of such cancellation given to the <br /> City. <br /> ix. Grantee shall submit to City a certificate of insurance signed by <br /> the insurance agent and companies named. <br /> x. All insurance shall be effective within thirty days after the <br /> Franchise is executed by Grantee and shall continue in full force <br /> and effect for the duration of the Franchise and per Section <br /> 9(3)(b) of the Franchise. <br /> (2) Workers' Compensation Insurance. Grantee shall obtain and maintain Workers' <br /> Compensation Insurance for all of Grantee's employees, and in case any work is <br /> sublet, Grantee shall require any subcontractor similarly to provide Workers' <br /> Compensation Insurance for all of their employees, all in compliance with State <br /> laws, and to fully indemnify the City from and against any and all claims arising <br /> out of occurrences on Grantee's work. Grantee hereby indemnifies City for any <br /> and all costs, expenses (including attorneys'fees and disbursements of counsel), <br /> damages and liabilities incurred by City as a result of any failure of either <br /> Grantee or any subcontractor of Grantee to take out and maintain such insurance. <br /> Grantee shall provide the City with a certificate of insurance indicating Workers' <br /> Compensation coverage upon its acceptance of this Franchise. <br /> (3) Indemnification. <br /> a. Grantee shall indemnify, defend and hold City, its officers, boards, <br /> commissions, agents and employees (collectively the"Indemnified <br /> Parties")harmless from and against any and all lawsuits, claims,causes <br /> of action, actions, liabilities, demands, damages,judgments, settlements, <br /> disability, losses, expenses (including attorney's fees and disbursements <br /> 24 <br /> 232860v1 <br />
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