Laserfiche WebLink
<br />that it will be the primary coverage. The insurance coverage must include, at least, <br />Comprehensive General Liability Insurance Coverage, including premises/operation coverage, <br />bodily injury, property damage, independent contractors liability, completed operations <br />coverage, and contractual liability coverage, in a combined single limit of not less than One <br />Million Dollars ($1,000,000) per occurrence, subject to One Million Dollars ($1,000,000) <br />aggregate. Lessee may satisfy this requirement by underlying insurance plus an umbrella policy. <br />The Owner's insurance coverage must include, at least, Comprehensive General Liability <br />Insurance coverage, including premises/operation coverage, bodily injury, property damage, <br />independent contractors liability, completed operations coverage, and contractual liability <br />coverage, in a combined single limit of not less than Six Hundred Thousand Dollars ($600,000) <br />per occurrence, subject to Six Hundred Thousand Dollars ($600,000) aggregate. <br /> <br />(b) Lessee shall provide Owner, prior to the Commencement Date and before <br />each renewal of the Lease term, evidence of the required insurance in the form of a certificate of <br />insurance issued by an insurance company licensed to do business in the State of Minnesota, <br />which includes all coverage required in Paragraph above. Said certificate shall also provide that <br />the coverage may not be canceled, non-renewed, or materially changed without thirty (30) days' <br />written notice to Owner. <br /> <br />16. Damage or Destruction. If the Property or any portion thereof m-~destroyed or <br />damaged so as to hinder its effective use of its Facilities, Lessee may elect to terminate this <br />Lease upon thirty (30) days' written notice to Owner. In such event, all rights and obligations of <br />the parties shall cease as of the date of the damage or destruction and Lessee shall be entitled to <br />the reimbursement of any rent prepaid by the Lessee. <br /> <br />17. Indemnification. Lessee and Owner agree to indemnify, defend, and hold <br />harmless each other and its elected officials, officers, employees, agents, and representatives, <br />from and against any and all claims, costs, losses, expenses, demands, actions, or causes of <br />action, including reasonable attorneys' fees and other costs and expenses of litigation, which <br />may be asserted against or incurred by the City or for which the City may be liable, which arise <br />from the negligence, willful misconduct, or other fault of either party or its employees, agents, or <br />subcontractors in the performance of this Lease or from the installation, operation, use, <br />maintenance, repair, removal, or presence of Lessee's transmission facilities on the Property, and <br />specifically including the representations and warranties of Paragraph 18(b) of this Lease, <br />provided same is not due to the willful conduct of Owner. Notwithstanding the foregoing <br />provisions to the contrary, neither party shall have any liability for any damages coverable under <br />a standard special form property insurance policy with respect to any equipment, real or personal <br />or other improvements owned by the respective parties. <br /> <br />If either party fails or neglects to defend such actions, either party may defend the <br />same and any expenses (including reasonable attorneys' fees) which it may payor incur in <br />defending said actions, as well as the amount of any judgment or settlement which it may be <br />required to pay, shall promptly be reimbursed by either party. <br /> <br />83831 <br /> <br />7 <br />