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AgdaPkt 2014-01-27 Closed and Regular
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AgdaPkt 2014-01-27 Closed and Regular
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Last modified
2/6/2014 4:32:38 PM
Creation date
1/23/2014 4:51:07 PM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Agency Type
City Council
Date
1/27/2014
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Agreemei 7.1.B. - Page 16 <br /> The referenced policies and any Excess and Umbrella policies shall indicate that they are <br /> primary to any other insurance and the insurance company (ies) providing such policy (ies) shall <br /> be liable thereunder for the full amount of any loss or claim, up to and including the total limit of <br /> liability, without right of contribution from any of the insurance effected or which may be <br /> effected by SamTrans. <br /> (4) Severability of Interests or Cross Liability. <br /> The referenced policies and any Excess or Umbrella policies shall contain a Separation of <br /> Interests Clause and stipulate that inclusion of the San Mateo County Transit District as an <br /> Additional Insured shall not in any way affect SamTrans' rights either as respects any claim, <br /> demand, suit or judgment made, brought or recovered against the Lessee. The purpose of this <br /> coverage is to protect Lessee and SamTrans in the same manner as though a separate policy had <br /> been issued to each, but nothing in said policy shall operate to increase the insurance company's <br /> liability as set forth in its policy beyond the amount or amounts shown or to which the insurance <br /> company would have been liable if only one interest had been named as an insured. <br /> (c) EVIDENCE OF INSURANCE <br /> Prior to commencing work or entering onto the Property, Tenant shall provide to <br /> Insurance Tracking Services, Inc. (ITS), the Landlord's authorized insurance consultant, a <br /> Certificate of Insurance with respect to each required policy to be provided by the Tenant under <br /> the Agreement. The required certificates must be signed by the authorized representative of the <br /> Insurance Company shown on the certificate. The Office Lease name shall be clearly stated on <br /> the face of each Certificate of Insurance. <br /> Submit Certificates of Insurance to: <br /> San Mateo County Transit District <br /> C/O Insurance Tracking Services, Inc. (ITS) <br /> P.O. Box 198 <br /> Long Beach, CA 90801 <br /> OR <br /> Email Address: smt.certificates @instracking.com <br /> OR <br /> Fax: (562) 435-2955 <br /> In addition, the Tenant shall promptly deliver to ITS a certificate of insurance with <br /> respect to each renewal policy, as necessary to demonstrate the maintenance of the required <br /> insurance coverage for the terms specified herein. Such certificate shall be delivered to ITS not <br /> less than three business days after to the expiration date of any policy. <br /> ATTY/AGR/2013.244/SEQUOIA STATION LEASE AGREEMENT <br /> REV:01-13-14 VR <br /> 5884508.1 <br /> Page 11 of 21 <br />
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