Pmt95 Greystone Homes - Laserfiche WebLink

Browse Search

7. HOLD HARMLESS; RELEASE. Permittee shall be solely responsible and liable for all damages to persons or property, including injury to, or death of, persons and loss of use of Subject Property, due directly or indirectly to Permittee's use and occupancy of the Subject Premises and shall promptly pay any just claim therefore and shall defend, indemnify and hold the City of Redwood City, its Council, officers, boards, commissions, agents and employees, harmless from all suits, actions, damages, or claims to which City may be subjected by reason of said use and occupancy of the Subject Premises hereunder. 8. INSURANCE. Permittee shall maintain at all times during which this permit remains in effect, at Permittee's sole cost and expense, commercial general liability and property damage insurance, which insurance shall be in the following minimum amounts: (a) $1,000,000 for injury or death of anyone person and $1,000,000 for anyone occurrence; (b) Property damage insurance in the amount of $500,000. A certificate or certificates evidencing the maintenance of the required insurance or program of self-insurance shall be deposited with the City Clerk prior to occupancy of the Subject Premises by Permittee. In addition to the aforesaid certificates, Permittee shall file with the City Clerk endorsements or declaration pages: (a) Precluding cancellation or reduction in coverage of insurance before the expiration of 30 days after City shall have received notification thereof by first class mail from the insurance carrier; (b) Naming the City of Redwood City, its council, officers, boards, commissions, agents and employees as additional insureds; (c) Providing standard cross liability provisions; -3- ....... .._-.