§ VII. INSURANCE REQUIREMENT AND INDEMNIFICATION.  


Latest version.
  • A.

    Insurance Requirements—Company shall maintain in full force and effect, at its own cost and expense, during the term of the franchise, the following types of liability insurance:

    1.

    Workers' Compensation.

    2.

    Commercial General Liability: including Products and Completed Operations, Advertising Injury, Explosion Hazard, Collapse Hazard, Underground Hazard, and Contractual Liability with minimum limits of $1,000,000.

    3.

    Commercial Automobile Liability: including non-owned and hired care coverage with minimum limits of $1,000,000.

    4.

    Umbrella Liability Policy with minimum limits of $1,000,000.

    The City shall be named as an Additional Insured. The Company agrees to provide evidence of such insurance to the City Manager. Such evidence shall be a copy of the Certificate of Insurance.

    B.

    Indemnification—The Company agrees and shall save the City and its agents and employees, harmless from and against claims, damages, losses and expenses, including attorney's fees sustained by the City on account of any loss, judgment, execution or judgment, claim or demand by another individual, corporation or entity whatsoever arising out of the Company's construction, operation or maintenance of its cable system, including but not limited to, copyright infringements.