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1993_0125_packet
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1993_0125_packet
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11/1/2011 7:39:20 AM
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D, LI ' itV. At all tunes during the term including any renewal tern. The <br />des shall keep in full force and effect a policy or policies of liability <br />insurance with respect to the premises described in this Agreement, with <br />companies. licensed to do business in the State of Afinnesota. Each party <br />shall name the other party as an additional named insured and shall <br />provide adequate coverage under reasonable limits of liability of not less <br />than the statutory limits for municipalities* <br />E. R=cM J.0surance, City shall be responsible for obtaining insurance on <br />its trade fixtures, equipment, supplies, futures, furnishings including <br />furniture, carpeting, wall coverings, drapes, and other personal property <br />owned by City and located upon the premises described in this <br />Agreement. <br />F, WaivCj of . To the extent such waiver does not VOW or <br />diminish the coverage under any policy, the parties hereby waive any <br />rights each may have against the other on account of any loss or damage <br />occasioned to either party, as the case may be, or their respective <br />property, to the extent such loss or damage is covered by insurance. <br />C&jjficates of In surancc. A certificate issued by the insurance per for <br />each policy of insurance required to be maintained hereunder shall be <br />delivered to the other party on or before the commencement date hereof <br />and thereafter, as to policy renewals, thirty (30) days prior to the <br />expiration of the term of each such policy. Each of said certificates of <br />6 <br />
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