Agmt 2012 S J Amoroso Construction Co Inc

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Section 6 above) direct or indirect, known or unknown, foreseen or unforeseen, which Licensee now has or which may arise in the future, on account of or in any way arising from or in connection with the physical condition of the Premises (including without limitation the presence of Hazardous Materials), or the entry upon or use of the Premises by Licensee or Licensee's agents, employees, invitees, contractors or subcontractors, including without limitation all Claims arising in connection with any injury to persons or damage to or theft of vehicles, equipment, materials, or any other personal property. The provisions of this Section 7 shall survive the expiration or earlier termination of this Agreement. 8. Insurance. Throughout the term of this License, Licensee shall maintain a commercial general liability policy in the amount of at least One Million Dollars ($1,000,000) combined single limit, or such other policy limit as City may require in its reasonable discretion, including coverage for bodily injury, property damage and contractual liability coverage. Such policy or policies shall be written on an occurrence basis, shall be issued by an insurance carrier licensed to do business in the State of California with current A.M. Best's rating of no less than A: VII, and shall name the City and the Indemnitees as additional insureds. Throughout the term of this License, Licensee shall maintain a comprehensive automobile liability coverage in the amount of at least One Million Dollars ($1,000,000), combined single limit including coverage for owned, non -owned and leased vehicles. Automobile liability policies shall name the Indemnitees as additional insureds. Throughout the term of this License, Licensee shall maintain worker's compensation insurance in the amount required under applicable state law, covering Licensee's employees, if any, at work at the Premises or engaged in services or operations in connection with the Permitted Activity. Throughout the term of this License, Licensee shall maintain policies of fire and extended coverage insurance on the Building and the Premises providing coverage in an amount equal to at least Two Hundred Sixty -Five Thousand Dollars ($265,000). City shall be named as loss payee on the policy. Prior to the Effective Date, Licensee shall furnish City with certificates of insurance in form acceptable to City evidencing the required insurance coverage and duly executed endorsements evidencing such additional insured status. The certificates shall contain a statement of obligation on the part of the carrier to notify City of any material change, cancellation, termination or non- renewal of the coverage at least thirty (30) days in advance of the effective date of any such material change, cancellation, termination or non - renewal, except in the event of non - payment of premium a ten (10) day notice will be provided. Coverage provided by Licensee shall be primary insurance and shall not be contributing with any insurance, or self - insurance maintained by City, and the policies shall so provide. The insurance policies shall contain a waiver of subrogation for the benefit of the City. Licensee shall provide City with certified copies of the required insurance policies upon City's request. Licensee shall not be responsible for any damage resulting from an earthquake or flood.