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Inst 2013 Property Exchange - Chamber of Commerce
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Inst 2013 Property Exchange - Chamber of Commerce
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4/9/2013 8:49:37 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
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most current Best's Insurance Guide as having a general policy holder rating of A or <br /> better and a financial rating of"VII" or better. All insurance policies required to be <br /> carried by Chamber shall be effected under standard form policies. Such insurance shall <br /> provide that the same may not be canceled without thirty(30)days prior written notice. <br /> Chamber shall provide to City certificated evidencing the fact that such insurance has <br /> been obtained. Additionally, upon the request of City, Chamber shall increase the limits <br /> of insurance carried by it hereunder, and shall carry types of insurance in addition to those <br /> required hereunder,to the extent such additional types of coverage first become standard <br /> at comparable properties after the date hereof. <br /> Chamber and City hereby waives, and releases the other from any and all claims, <br /> liabilities, and rights of action with respect to any property loss caused by the other that is <br /> covered by the property insurance maintained by the other. Chamber and City agrees that <br /> any property insurance maintained by it shall contain a waiver by the insurer of any and <br /> all right of subrogation against the other. <br /> 27. Miscellaneous. <br /> 27.1 Notices. Except as otherwise specified in this Agreement, all notices to be sent <br /> pursuant to this Agreement shall be made in writing,and sent to the Parties at their respective <br /> addresses specified below or to such other address as a Party may designate by written notice <br /> delivered to the other parties in accordance with this Section. All such notices shall be sent by: <br /> personal delivery, in which case notice is effective upon delivery; (ii)certified or registered mail, <br /> return receipt requested, in which case notice shall be deemed delivered on receipt if delivery is <br /> confirmed by a return receipt; (iii)nationally recognized overnight courier,with charges prepaid <br /> or charged to the sender's account, in which case notice is effective on delivery if delivery is <br /> confirmed by the delivery service; or(iv)facsimile transmission, in which case notice shall be <br /> deemed delivered upon transmittal,provided that(a)a duplicate copy of the notice is promptly <br /> delivered by first-class or certified mail or by overnight delivery, or(b)a transmission report is <br /> generated reflecting the accurate transmission thereof. Any notice given by facsimile shall be <br /> considered to have been received on the next business day if it is received after 5:00 p.m. <br /> recipient's time or on a nonbusiness day. <br /> Chamber: <br /> San Leandro Chamber of Commerce <br /> 120 Estudillo Avenue <br /> San Leandro, CA 94577 <br /> Attn: Chief Executive Officer <br /> City: <br /> City of San Leandro <br /> 835 East 14th Street <br /> San Leandro, CA 94577 <br /> Attn: City Engineer <br /> 13 <br />
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