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Agmt19 Putnam Lexus Plant treatment plant site lease
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Agmt19 Putnam Lexus Plant treatment plant site lease
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Last modified
4/18/2019 4:21:18 PM
Creation date
4/18/2019 4:21:09 PM
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Agreement
Contractor Name
Putnam Lexus Plant site lease
PROJECT NAME
Former Sewage treatment plant site lease $750/mo
RMP File Number
304.5
Date
3/25/2019
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E. Other <br />1) The minimum limits of policies of insurance required of LICENSEE under <br />this Agreement shall in no event limit the liability of LICENSEE under this Agreement. <br />Such insurance shall: (i) name CITY as an additional insured; (ii) be primary insurance <br />as to all claims thereunder and provide that any insurance carried by CITY is excess and <br />is non-contributing with any insurance requirement of LICENSEE; (iii) provide that such <br />insurance shall not be canceled or coverage changed unless thirty (30) days' prior <br />written notice shall have been given to CITY; and (iv) contain a waiver of subrogation <br />and cross -liability endorsement or severability of interest clause acceptable to CITY. <br />LICENSEE shall deliver certificates thereof on or before the Commencement Date and <br />delivery of such policy or policies shall be a prerequisite to and condition of LICENSEE's <br />right to use the City Property pursuant to this Agreement. <br />2) For all liability policies required above, LICENSEE shall cause CITY to <br />be named as a Certificate Holder on Accord -25 Certificates of Insurance that contain <br />language requiring 30 days written notice to CITY in the event of cancellation or material <br />change in any scheduled policy. <br />3) For all property policies required above, LICENSEE shall cause CITY to <br />be named as a Certificate Holder on Accord 27 Certificates of Insurance that contain <br />language requiring 30 days written notice to CITY in the event of cancellation or material <br />change in any scheduled policy. <br />4) With regard to the liability insurance policies required above, such <br />insurance policies shall name CITY as an additional insured on endorsement forms that <br />comply with the terms of this Agreement and are reasonably acceptable to CITY. <br />5) All policies required hereunder shall provide for the following: (i) name as <br />additional insureds the CITY and its officers, agents and employees; (ii) specify that <br />such policies are primary insurance to any other insurance available to the additional <br />insureds, with respect to any claims arising out of this License and that insurance <br />applies separately to each insured against whom claim is made or suit is brought, except <br />with respect to the insurer's limit of liability, and (iii) include a waiver of subrogation <br />endorsement or provision wherein the insurer acknowledges acceptance of LICENSEE's <br />waiver of claims against CITY. Such policies shall also provide for severability of <br />interests and that an act or omission of one of the named insureds which would void or <br />otherwise reduce coverage shall not reduce or void the coverage as to any insured, and <br />shall afford coverage for all claims based on acts, omissions, injury or damage which <br />occurred or arose (or the onset of which occurred or arose) in whole or in part during the <br />policy period. Sudden and accidental pollution coverage in the liability policies required <br />hereunder shall be limited to losses resulting from LICENSEE's activities (and <br />LICENSEE's Agents and Invitees) under this License (excluding nonnegligent <br />aggravation of existing conditions with respect to Hazardous Materials). <br />6) Prior to the Commencement Date of this License, LICENSEE shall deliver <br />to CITY certificates of insurance and additional insured policy endorsements from <br />insurers in a form satisfactory to CITY, evidencing the coverages required hereunder, <br />together with complete copies of the policies at CITY's request. In the event LICENSEE <br />shall fail to procure such insurance, or to deliver such policies or certificates, CITY may <br />Page 8 of 13 <br />REV: 03-13-19 PR <br />ATTY/AGR.2019.055/PUTNAM LEXUS <br />
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