AgdaPkt 2012-02-27 - Laserfiche WebLink

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6. 1. F. - Page 14 26. Insurance During the term of this Agreement, BIAC shall maintain the following insurance coverage: A. Commercial General Liability Insurance. Commercial general liability insurance written on a form that provides coverage at least as broad as form ISO CG 00 01 10 01 (12/04 Edition), covering the insured with a duty to defend against claims of bodily injury, personal injury and property damage arising out of BIAC's operations (which shall include the Activities described in Section 4 above), assumed liabilities, or use of the Property, including contractual liability coverage for the performance by BIAC of the indemnity agreements set forth in this Agreement, and coverage for damage to the Property (including all improvements in BIAC's care, custody, or control), for limits of liability not less than: Bodily Injury, Personal Injury and $1,000,000 each occurrence and $2,000,000 annual aggregate Property Damage Liability $300,000 annual aggregate B. Marine Protection and Indemnity Insurance Marine Protection and Indemnity Insurance written on a form that provides coverage at least as broad as form ISO EM 05 01, with limits of liability of not less than $1,000,000. C. Damage to BIAC Property BIAC hereby waives any recovery of damages against City (including its employees, officers, directors, agents, or representatives) for loss or damage to any structures, tenant improvements and betterments, fixtures, equipment, and any other personal property because BIAC has elected not to cover such property with insurance. D. U.S. Rowing Association Insurance Insurance with the U.S. Rowing Association of the type and with coverage in the amount currently maintained by BIAC. E. Other. 1) The minimum limits of policies of insurance required of BIAC under this Agreement shall in no event limit the liability of BIAC under this Agreement. Such insurance shall: (i) name CITY as an additional insured; (ii) be primary insurance as to all claims thereunder and provide that any insurance carried by CITY is excess and is non - contributing with any insurance requirement of BIAC; (iii) provide that such insurance shall not be canceled or coverage changed unless thirty (30) days' prior written notice shall have been given to CITY; and (iv) contain a waiver of subrogation and cross - liability endorsement or severability of interest clause acceptable to CITY. BIAC shall deliver the policy or policies or certificates thereof on or before the Commencement Date and delivery of such policy or policies shall be a prerequisite to and condition of BIAC's right to use the Property pursuant to this Agreement. 2) For all liability policies required above, BIAC shall cause CITY to be named as a Certificate Holder on Accord -25 Certificates of Insurance that contain language requiring 30 days written notice to CITY in the event of cancellation or material change in any scheduled policy. 3) For all property policies required above, BIAC shall cause CITY to be named as a Certificate Holder on Accord 27 Certificates of Insurance that contain language ATTY /AGRl2012.005 /BIAC USE AGREEMENT (APN 052- 398 -00) REV;01 /17/12 Page 11 of 31