Agmt18 Centrum Owners Association, Oracle Corp Grant of Revocable Encroachment Permit

Browse Search

d. Permittee's insurance shall apply separately to each insured against whom claim ismade or suit is brought, except with respect to the limits of the insurer's liability. 2. Worker's Compensation and Employers Liability Coverage. The insurer shall agree to waive all rights of subrogation against the City, its City Council, its officials, officers, employees, representatives, agents and volunteers for losses arising from work performed by Permittee for the City. 3. All Coverages. Permittee will endeavor to provide ten (10) days' prior written notice by certified mail before any insurance required by this policy is suspended, voided, cancelled by either party, or reduced in coverage. v. Acceptability of Insurers. Insurance shall be placed with insurers with a Best's rating of no less than A -:VII. vi. Verification of Coverage. Permittee shall furnish the City with certificates of insurance and with endorsements effecting coverage required by this Article. The certificates and endorsements for each insurance policy are to be signed by a person authorized by that insurer to bind coverage on its behalf. All certificates and endorsements are to be received and approved by the City before work commences. vii. Indemnification Not Limited. Any insurance required to be obtained and maintained by Permittee under this Permit shall not limit in any way Permittee's indemnification obligations under Article 9 of this Permit. ARTICLE IX MISCELLANEOUS PROVISIONS 9.1 Representations and Warranties. Each party represents and warrants that it has the full right and authority to enter into, execute, deliver and perform its obligations under this Permit and that this Permit constitutes a legal, valid and binding obligation enforceable against such party in accordance with its terms, subject to bankruptcy, insolvency, creditors' rights and general equitable principles. 9.2 Notices. All notices which shall or may be given pursuant to this Permit shall be in writing and transmitted through first class United States mail, or by private delivery systems, to the following address or such other address of which a party may give written notice: City: City of Redwood City 1017 Middlefield Road Redwood City, CA 94063 Attn: City Manager ATfY/AGR/2018.026/275 ORACLE REV: 02-05-18 PR Permittee: Centrum Owners Association/ Oracle America, Inc./ Oracle Corporation 500 Oracle Parkway Redwood City, California 94065 Attn: Head of Global Real Estate and Facilities Page 11 of 18