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5. Permit Fee. City shall charge, and Permittee shall pay by good check, inspection fees at <br />the request of City. <br />6. Permit's Term Restrictions. The privilege given to Permittee pursuant to this Permit is <br />temporary only and shall commence on the date of execution by City. The Permit shall expire at <br />midnight on the termination date set forth in Section 2.2 above, unless sooner terminated <br />pursuant to the terms hereof. Without limiting any of its rights hereunder, City inay at its sole <br />option freely revolve this Permit at any time prior to such expiration date, without cause and <br />without any obligation to pay any consideration to Permittee, whereupon Permittee's obligations <br />hereunder except as provided herein shall terminate. <br />7. Insurance. <br />7.1 Permittee shall procure and keep in effect at all times during the term of this <br />Permit, at Permittee's expense, and cause its contractors and subcontractors to maintain at all <br />times during any construction activities on the Permit Area insurance as follows: <br />(i) General Liability Insurance with limits not less than $2,000,000 each <br />occlu-rence Combined Single Limit for Bodily Injury and Property Damage, including coverages <br />for Contractual Liability, Personal Injury, Independent Permittees, Explosion, Collapse and <br />Underground (XCU), Broadform Property Damage, Sudden and Accidental Pollution, Products <br />Liability and Completed Operations; <br />(ii) Automobile Liability Insurance with limits not less than $1,000,000 each <br />occurrence Combined Single Limit for Bodily Injury and Property Damage, including coverages <br />for owned, non-owned and hired automobiles, as applicable; and <br />(iii) Workers' Compensation Insurance with Employer's Liability Coverage <br />with limits of not less than $1,000,000 each accident. <br />7.2 All liability policies required hereunder shall provide for the following: (i) name <br />as additional insureds the City, its officers, agents and employees; and (ii) specify that such <br />policies are primary insurance to any other insurance available to the additional insureds, with <br />respect to any claims arising out of this Permit and that insurance applies separately to each <br />insured against whom claim is made or suit is brought. Such policies shall also provide for <br />severability of interests and that an act or omission of one of the named insureds which would <br />void or 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 occurred or <br />arose (or the onset of which occurred or arose) in whole or in part during the policy period. <br />7.3 All policies shall be endorsed to provide thirty (30) days prior written notice of <br />cancellation, non-renewal or reduction in coverage to City. <br />7.4 Prior to the commencement date of this Permit, Permittee shall deliver to City <br />certificates of insurance in form and with insurers satisfactory to City, evidencing the coverages <br />required hereunder, together with complete copies of the policies at City's request. In the event <br />Permittee shall fail to procure such insurance, or to deliver such policies or certificates, City may <br />procure, at its option, the same for the account of Permittee, and the cost thereof shall be paid to <br />City within five (5) days after delivery to Permittee of bills therefor. <br />7.5 Should any of the required insurance be provided under a form of coverage that <br />includes a general annual aggregate limit or provides that claims investigation or legal defense <br />costs be included in such general annual aggregate limit, such general aggregate limit shall <br />doLible the occurrence or claims limits specified above. <br />4 <br />